Meridian Mining DFS progress & copper-gold growth

Meridian Mining CEO Gilbert Clark joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s progress toward bringing its copper-gold project in South America toward production, alongside a growing exploration program and strong investor backing. Speaking from the event floor, Clark outlined the robust economics underpinning the company’s development plans. Meridian Mining recently reported strong project metrics, including a post-tax net present value and an internal rate of return exceeding 61%, with a projected payback period of roughly 20 months at earlier metal prices. Clark highlighted the geological potential of the project, describing it as located in “one of the most prospective copper-gold belts in South America.” While development remains the company’s near-term priority, he emphasised that exploration upside across the broader land package is significant. Meridian Mining controls more than 55 kilometres of contiguous tenements, giving the company extensive exploration potential alongside its development strategy. The company plans to invest heavily in exploration, with a program of around C$10 million planned, aiming to expand resources and feed future updates to feasibility work. Clark also discussed Meridian Mining’s recent financing, which raised roughly C$56–57 million and was reported to be significantly oversubscribed. The capital provides funding flexibility for both development activities and exploration expansion. Alongside advancing the definitive feasibility study and development milestones, Meridian Mining is also planning to broaden its market exposure with a listing on the London Stock Exchange. #proactiveinvestors #meridianmining #otcqx #mrrdf #tsx #mno #pdac2026#MeridianMining #CopperGold #MiningStocks #ResourceInvesting #CopperMining #GoldMining #MiningDevelopment #Exploration#JuniorMining #MiningInvestment #NaturalResources #LSEListing