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Meridian discovers new high-grade gold and base metals at Álamo near Santa Helena, expanding resource potential.

Market News
14 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Meridian Mining announced a significant gold and base metal discovery at the Álamo prospect, part of the Cabaçal belt near Santa Helena Central in Brazil. Drill hole CD-852 returned 3.5 meters at 2.4 g/t gold with copper, silver, and zinc, indicating a new mineralized zone open in multiple directions. Additional high-grade results from Santa Helena Central's infill drilling confirm robust gold-copper-silver-zinc mineralization, supporting a future resource upgrade. This discovery could create a second operational hub adjacent to Santa Helena, enhancing Meridian's project scale and value.

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