TSX-V-listed manganese miner Meridian Mining has increased its credit facility from The Sentient Group by $500 000, to $7.5-million, in support of its gold exploration initiatives at the flagship Espigão project, in Rondônia, Brazil.
The company, which recently relocated its headquarters from Amsterdam, Netherlands, to London, UK, advised that the proceeds from the loan will be used to evaluate Meridian’s gold project in Espigão.