Morning briefing — free market intel before the open

Meridian Mining PLC (MNO)

Au intercept — CD-859 at Santa Helena

Announced 2026-06-17

Company
Meridian Mining PLC
Ticker
MNO
Property
Santa Helena
Metal
Au
Hole ID
CD-859
Interval
63.2–64 m
Width
0.8 m
Grade
5 g/t
Gram-metres
4 g·m
Value per tonne (live spot)
$717.74
Precious-metal value (nugget)
$676 (94% of value)
Residual value (net, est.)
$604
Jurisdiction
Unknown, unconfirmed — not present in source text

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

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