London, United Kingdom, 08.07.2024 (PresseBox) – Meridian Mining UK. S (TSX: MNO), (Frankfurt/Tradegate: 2MM) (OTCQX: MRRDF) (“Meridian” or the “Company”) – – is pleased to announce multiple intersections of strong Cu-Au-Ag mineralization (Table 1) from the ongoing drill programs at both the advanced Cabaçal Cu-Au-Ag project (“Cabaçal”) and the Santa Helena Cu-Au-Ag & Zn project (“Santa Helena”). Both deposits are part of the 50km Cabaçal VMS belt in Mato Grosso, Brazil.

Drilling at Santa Helena has returned multiple intercepts of high-grade mineralization from shallow open-pitable depths. These include: CD-500: 14.3m @ 3.7 g/t AuEq from 49.0m, with a higher grade zone of 3.0m @ 8.2 g/t AuEq from 50.2m, CD-497: 5.1m @ 7.2 g/t AuEq from 41.2m, and CD-479: 6.0m @ 3.5 g/t AuEq from 37.3m (“Figure 1”).

The infill drilling at Cabaçal includes results from the mine, and results from the Cabaçal Northwest Extension (“CNWE”). Highlights from the mine area include CD-481: 2.7m @ 12.3 g/t AuEq from 65.0m, and CD-495: 7.1m @ 2.1 g/t AuEq from 52.9m (“Figure 2”). These results are part of the Cabaçal’s Preliminary Feasibility Study’s (“PFS”) drill program, now completed.

Exploration and infill drilling continues at Santa Helena and Cabaçal respectively and further assays are pending.

Further information is attached.