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· This program will include 1,400m of drilling on the South Zone of Lagoa Salgada · The exploration program will also include downhole IP surveys · 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 Financial Investments (please refer t

Lagoa salgadaDistrito de setubalCayman islandsCity ofUnited kingdomJon bellissJacques vaillancourtKaty mitchellRedcorp empreedimentos mineiros ldaMatthew chanJoao barrosDominic barettoRedcorp empreedimentos mineirosLondon stock exchangeSecond phase drilling programBeaufort securities