Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — Investor Presentation (October 2011)
47 slides from Meteoric Resources Nl's investor presentation, Oct 24, 2011
Slide 1: October 2011
For personal use only October 2011
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS For personal use only This presentation contains forecasts and forward looking statements which are made in good faith and are believed to have reasonable basis. However, such forward looking statements are subject to risks, uncertainties and other factors which could caus
Slide 3: Directors
DIRECTORS For personal use only ROGER THOMSON Managing Director, Geologist, 40 years experience GEORGE SAKALIDIS Executive Director Exploration, Exploration Geophysicist, Geophysicist 30 years experience PETER THOMAS Chairman,, Lawyer, y , 26 years y experience p
Slide 4: Share Structure
SHARE STRUCTURE For personal use only Fully paid ordinary shares – all quoted: (ASX: MEI) 74M Market Capitalisation $6M Contributing shares – Quoted ASX:MEICA - $0.20 payable 27.5M Options to acquire fully paid shares: Expiring 23.12.2014 - $0.225 payable 2.58M Options to acquire contributing shares
Slide 5: Project Locations
For personal use only PROJECT LOCATIONS
Slide 6: Project Update
PROJECT UPDATE ¾ Tibooburra; Tib b an unexplored l d goldfield; ldfi ld shallow h ll For personal use only high grade gold at New Bendigo; 40km New Bendigo Fault corridor; multiple targets ¾ Coorara: 40km magnetite BIF. Exploration target 400Mt-500Mt. Potential for DSO-grade hematite in trucking g d
Slide 7: Tibooburra: An Unexplored Goldfield
TIBOOBURRA An Unexplored Goldfield For personal use only ¾ Meteoric right to earn up to 75% for $1.5M expenditure by 2016 ¾ 3 EL ELs covering i 450 450sq kkm off th the hi historic t i Tibooburra goldfield, NSW ¾ Numerous q quartz veins with parallels p to the Victorian goldfields (NSW Geol Survey)
Slide 8: Tibooburra
For personal use only TIBOOBURRA
Slide 9: Tibooburra
For personal use only TIBOOBURRA
Slide 10: Tibooburra Geochemistry Au, Sb
TIBOOBURRA Geochemistry Au, Au Sb For personal use only
Slide 11: Tibooburra
TIBOOBURRA For personal use only ¾ Shallow high grade gold, best intercept 20m @ 5.2g/t 5 g/t Au u from o 8m, 8 , including c ud g 3m 3 @ 22.6g/t 6g/t Au u from 13m at New Bendigo ¾ New Bendigo open ended for 1.2km to the so th untested south, ntested western estern zone one of diggings ¾ Anomalous
Slide 12: Tibooburra
TIBOOBURRA For personal use only New Bendigo Gold diggings New Bendigo Stockwork Kink Quartz Flats Evans Gully Quartz Veins
Slide 13: Tibooburra New Bendigo
TIBOOBURRA N New B Bendigo di For personal use only
Slide 14: New Bendigo Drilling Locations
TIBOOBURRA N New B Bendigo di Drilling D illi L Locations ti For personal use only
Slide 15: New Bendigo Drilling Results
TIBOOBURRA N New B Bendigo di Drilling D illi R Results lt For personal use only Coordinates From To Interval Gold Grade Hole Number East North m m m g/t TIBRB02 587515 6719242 12 14 2 1.12 27 28 1 0.61 TIBRB03 587515 6719253 32 34 2 1.52 38 39 1 0.54 TIBRB04 34 36 2 0.51 10 17 7 3.33 TIBRB06 587543
Slide 16: New Bendigo Drill Sections
TIBOOBURRA N New Bendigo B di Drill D ill S Sections ti For personal use only
Slide 17: Coorara Iron Project
For personal use only COORARA IRON PROJECT
Slide 18: Coorara
COORARA For personal use only • Exploration Target 400Mt- 500Mt. 40km length • Predominantly magnetite with hematite alteration • New aeromagnetic survey • Hematite targets identified, initial exploration target 10Mt- 15Mt • Mapping and trial Gravity surveys completed • Close to standard gauge rail
Slide 19: Coorara (North)
For personal use only COORARA (North)
Slide 20: Coorara (North)
COORARA (North) For personal use only • 2,500 line km, 100m spaced aeromagnetic survey completed • 40km of iron formation interpreted from outcrop and aeromagnetics • 300 samples collected • 34% grade >50% Fe
Slide 21: Coorara (South)
For personal use only COORARA (South)
Slide 22: Coorara
For personal use only COORARA
Slide 23: Coorara Detrital Iron Ore
COORARA Detrital Iron Ore 62.9%Fe 62 9%Fe For personal use only
Slide 24: Coorara - Lake Giles
COORARA - Lake Giles For personal use only Macarthur Minerals Lake Giles Project: Magnetite : 1.3Bt @ 28% Fe Hematite: 18Mt @ 55% Fe
Slide 25: Coorara RC Drilling
COORARA RC Drilling D illi For personal use only • Initial I iti l 22-hole 22 h l 1455 1455m RC drilling d illi completed l t d • Less than optimal conditions reduced drill effectiveness • Intersections include: 4m @ 59.1%Fe, 2m @ 54.5%Fe and 2m @ 58.6%Fe • Surface enrichments thinner than expected,
Slide 26: Coorara RC Drilling
For personal use only RC Drilling COORARA
Slide 27: Webb: West Arunta Region
WEBB West Arunta Region For personal use only
Slide 28: Webb IOCG Targets
For personal use only WEBB IOCG Targets
Slide 29: Webb Beadell JV
WEBB BEADELL JV For personal use only ¾ Meteoric 70%, Beadell 30% ¾ 3 IOCG targets targets, T1 with anomalous copper and coincident gravity and magnetic anomaly; 2km x 2.5km magnetic anomaly (amplit de 1200nT) with (amplitude ith gra gravity it anomal anomaly (>5mgal) ¾ Initial diamond drill hole RD
Slide 30: T1 IOCG Target
T1 IOCG Target g For personal use only Cu-anomalous breccia
Slide 31: T1 IOCG Target Gravity and New Magnetics
T1 IOCG Target Gravity and New Magnetics For personal use only
Slide 32: T1 IOCG Target Gravity and Magnetic Model
T1 IOCG Target Gravity and Magnetic Model For personal use only
Slide 33: T5 IOCG Target Detailed Aeromagnetics
T5 IOCG TARGET Detailed Aeromagnetics For personal use only
Slide 34: Webb Kimberlite Targets
WEBB KIMBERLITE TARGETS For personal use only ¾ 500sq km of exploration licences covering 80 circular magnetic anomalies ¾ Geophysical modelling indicates potential for shallow kimberlite pipes ¾ 100% Meteoric M t i (except ( t right i ht tto acquire i 90% in 1 EL) ¾ JV with North Australian Diamond
Slide 35: Webb Kimberlite Targets
WEBB KIMBERLITE TARGETS For personal use only
Slide 36: Webb Kimberlite Targets
WEBB KIMBERLITE TARGETS For personal use only
Slide 37: Robinson Range Iron Project
ROBINSON RANGE IRON PROJECT For personal use only ¾ 50sq km of tenements ¾ 13km of iron formations ¾ Hematite and hematite-goethite in outcrop up to 62%Fe ¾ Low impurities ¾ Aeromagnetics indicate iron formations may extend under cover ¾ Exploration target 50Mt-100Mt ¾ Heritage agreement signed, pav
Slide 38: Robinson Range Location
ROBINSON RANGE Location For personal use only
Slide 39: Robinson Range Geology and Sampling
ROBINSON RANGE Geology and Sampling For personal use only
Slide 40: Robinson Range Aeromagnetics
ROBINSON RANGE Aeromagnetics g For personal use only
Slide 41: Robinson Range
ROBINSON RANGE For personal use only 30m sample of hematite-goethite averaging 58.2%Fe Ironstone hills extending into new acquisition
Slide 42: Unaly Hill South
UNALY HILL SOUTH For personal use only ¾ 180Mt target at Black Ridge Mining’s (BRD) magnetite-vanadium- titanium at Unaly Hill ¾ Favourable metallurgical (DTR) test results ¾ 2km strike extension on Meteoric tenement to south so th ¾ BRD earning up to 70% for $1.5M in 6 years y ¾ BRD drilling confir
Slide 43: Unaly Hill South
UNALY HILL SOUTH For personal use only • Hole UHS-02 - 33m @ 27.9% Fe, 0.5% V2O5 and 7 7.3% 3% TiO2 • Hole UHS-04 - 27m @ 28.3% Fe, 0.5% V2O5 and 7 7.5%T 5%TiO2
Slide 44: Wilthorpe Harrods
WILTHORPE H Harrods d For personal use only ¾ Sediment-hosted sheeted veins and stringers ¾ 2.4km x 500m bedrock gold anomaly ¾ Harrods H d Central C t l and dHHarrods d SSouth th resource totals 61,600ozs Au ¾ Additional resource potential between Harrods Central and Harrods South ¾ Concept study i
Slide 45: Timetable
TIMETABLE For personal use only ¾ October - Tibooburra mapping pp g & sampling p g ¾ October - Coorara Phase 2 DSO drilling ¾ October/Nov - Webb kimberlite targets g sampling p g ¾ November - Wilthorpe heap leach studies ¾ Nov/Dec - Tibooburra follow up drilling ¾ New Year - Coorara follow-up DSO dr
Slide 46: Competent Person Statement
For personal use only COMPETENT PERSON STATEMENT The information in this report that relates to exploration results is based on information compiled or reviewed by Roger Thomson BSc, ARSM, MAusIMM, who is a Member of the Australian Institute of Geoscientists. Roger Thomson is a Director of Meteoric
Slide 47: www.meteoric.com.au
For personal use only www.meteoric.com.au
Meteoric Resources — Investor Presentation (October 2011) on 6ix