Feasibility Study for Lennard Shelf on track for Q2 2011 release as further High-Grade Lead/Zinc mineralisation Intersected from extensional drilling at Cadjebut Splay Prospect Highlights ?h Extensional drilling at the Cadjebut Splay prospect within Meridian??s Lennard Shelf Project in Western Australia has continued to intersect high grade lead and zinc mineralisation, up to 22.26% combined lead and zinc, ?h Drilling has occurred outside the current boundary of the Cadjebut Splay Inferred Mineral Resource (1.1Mt @ 2.4% Zn, 8.4% Pb and 15.7g/t Ag, above a combined 3% zinc plus lead cutoff); ?h Best results from the final five (5) holes of the drill program include: o 9m @ 22.3% Pb+Zn in CS10-088 o 3.9m @ 11.7% Pb+Zn in CS10-089 o 2m @ 8.6% Pb+Zn in CS10-087
MII Price at posting:
11.3¢ Sentiment: Buy Disclosure: Held