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Investegate |Mineral & Financial Announcements | Mineral & Financial: Investment Update


Mineral and Financial Investments Limited
Investment Update: Redcorp Increases M&I Resources By 44% & Inferred Resources By 21% At Lagoa Salgada South Zone
 
HIGHLIGHTS:
·
Measured and Indicated Resource Estimate increased by 44% to 4.4Mt at 1.51% CuEq[1] Inferred Resource increased 21% to 7.7 Mt at 1.41% CuEq
1
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Demonstrates significant growth from successful Phase 1 drill program
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Phase II drill program underway to expand South Zone with intent to eclipse North Zone
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This resource is in addition to the Lagoa Salgada North Zone M&I resource
 
GEORGE TOWN CAYMAN ISLANDS, March 3, 2021 -
Mineral and Financial Investments Limited (LSE-AIM: MAFL)
( M&FI or the Company )
is very pleased to announce that Redcorp Empreedimentos Mineiros Lda. (Redcorp), M&FI s 75% owned investee company, has ....

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Investegate |Mineral & Financial Announcements | Mineral & Financial: Board Addition and Management Changes


Board Addition and Management Changes
 
George Town, Cayman Islands - 10 February 2021 -
Mineral and Financial Investments Limited (LSE-AIM: MAFL)
( M&FI , MAFL or the Company ) is very pleased to
announce the addition of Mark T. Brown, B. Comm. CPA, CA, as an independent member of the Board of Directors. Mr. Brown will assume the role of Chairman. Jacques Vaillancourt will assume the role of President, Chief Executive Officer and director of the Company.
Jacques Vaillancourt noted that Mr. Brown s financial and mining experience, as well as his active roles as a senior director of numerous public companies, make him a great fit for the M&FI Board and we look forward to working with him. Moreover, his addition as an independent director will further strengthen the Board s independence in governance. ....

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Investegate |Mineral & Financial Announcements | Mineral & Financial: Investment Update


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This program will include 1,400m of drilling on the South Zone of Lagoa Salgada
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The exploration program will also include downhole IP surveys
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The program is expected to significantly expand and upgrade the resource in the Copper-Rich South Zone
George Town, Cayman Islands - 27 January 2021 -
Mineral and Financial Investments Limited (LSE-AIM: MAFL)
( M&FI , MAFL or the Company )
is very pleased to
announce the start of the Phase 2 drilling program in the South Zone at the Lagoa Salgada project located on the Iberian Pyrite Belt in Portugal.
The exploration program is being executed by Redcorp Empreedimentos Mineiros Lda. (Redcorp), M&FI s 75% owned subsidiary in Portugal. The program is funded and guided by Ascendant Resources (Ascendant), which owns 25% of Redcorp, as part of Ascendant s previously announced earn-in agreement with Mineral and F ....

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Investegate |Mineral & Financial Announcements | Mineral & Financial: Investment Update



Copper Bonanza interval of 1.00 m @ 14.21% CuEq.
·
Mineralization in the South Zone remains open at depth as well as to the South and East
 
GEORGE TOWN CAYMAN ISLANDS, January 13, 2021 -
Mineral and Financial Investments Limited (LSE-AIM: MAFL)
( M&FI or the Company )
is very pleased to announce that Redcorp Empreedimentos Mineiros Lda. (Redcorp), M&FI s 75% owned subsidiary, has received results from the first three holes of a seven hole drill program. The program is funded and guided by Ascendant Resources (Ascendant), which owns 25% of Redcorp,  as part of Ascendant s previously announced earn-in agreement with Mineral and Financial (please refer to RNS of August 1, 2018 which has been amended see announcement dated 1 July 2020). ....

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