Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — Shareholder Meeting (November 2010)
38 slides from Meteoric Resources Nl's shareholder meeting presentation, Nov 24, 2010
Slide 1: AGM November 2010
For personal use only AGM November 2010
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, Geophysicist, 30 years experience PETER THOMAS Chairman, Lawyer, 26 years experience
Slide 4: Share Structure
SHARE STRUCTURE For personal use only Fully paid ordinary shares – all quoted: (ASX: MEI) 67.7M Market Capitalisation 8.8M Contributing shares – Quoted ASX:MEICA - $0.20 payable 23.5M Options to acquire fully paid shares: Expiring 23.12.2014 - $0.225 payable 2.4M Options to acquire contributing shar
Slide 5: Project Locations
For personal use only PROJECT LOCATIONS
Slide 6: Project Update
PROJECT UPDATE For personal use only 5 priority hematite targets identified at Coorara >10km strike. Exploration target 100Mt 40km magnetite target at Coorara. Exploration target 1B tonnes High priority IOCG targets T4 and T5 identified from detailed aeromagnetic surveys at Webb DSO-grade hematite a
Slide 7: Coorara Iron Ore Project Location
COORARA IRON ORE PROJECT LOCATION For personal use only
Slide 8: Coorara Iron
COORARA IRON For personal use only • Target tonnage >1Billion tonnes. 40km length • Predominantly magnetite with hematite alteration • New aeromagnetic survey • Five hematite targets identified, target tonnage >100Mt • Mapping and sampling in progress to define DSO hematite drilling targets • Close
Slide 9: Coorara (north)
For personal use only COORARA (north)
Slide 10: 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% grades >50% Fe
Slide 11: Coorara (south)
For personal use only COORARA (south)
Slide 12: Coorara Detrital Iron Ore 62.9%Fe
COORARA Detrital Iron Ore 62.9%Fe For personal use only
Slide 13: Webb Location
For personal use only WEBB LOCATION
Slide 14: Webb IOCG Targets
For personal use only WEBB IOCG Targets
Slide 15: Beadell JV
BEADELL JV For personal use only Meteoric 51%, right to earn 70% in 4 Beadell Resources ELs by spending $800,000 in 5 years 3 IOCG targets, T1 with anomalous copper and coincident gravity and magnetic anomaly; 2km x 2.5km magnetic anomaly (amplitude 1200nT) with gravity anomaly (>5mgal) Initial diam
Slide 16: Beadell JV T1
For personal use only BEADELL JV T1
Slide 17: T1 IOCG Target Gravity and New Magnetics
T1 IOCG TARGET Gravity and New Magnetics For personal use only
Slide 18: T1 IOCG Target Gravity and Magnetic Model
T1 IOCG TARGET Gravity and Magnetic Model For personal use only
Slide 19: T5 IOCG Target New Aeromagnetics
T5 IOCG TARGET New Aeromagnetics For personal use only
Slide 20: Cazaly JV
CAZALY JV For personal use only Meteoric right to earn 70% in 3 Cazaly Resources ELs by completing 1,000m of drilling within 3 years 2 iron oxide-copper-gold (IOCG) targets on granted tenement Major coincident gravity and magnetic anomaly (T2); 3km x 3km magnetic anomaly (amplitude 1100nT) with grav
Slide 21: Cazaly JV Aeromagnetics Gravity
CAZALY JV For personal use only Aeromagnetics Gravity
Slide 22: Robinson Range Iron Project
ROBINSON RANGE IRON PROJECT For personal use only 50sq km of tenements 13km of iron formations Hematite and hematite-goethite in outcrop up to 62%Fe Low impurities Aeromagnetics indicate iron formations may extend under cover Heritage agreement signed, paving way for access
Slide 23: Robinson Range Location
ROBINSON RANGE LOCATION For personal use only
Slide 24: Robinson Range Geology and Sampling
ROBINSON RANGE GEOLOGY AND SAMPLING For personal use only
Slide 25: Robinson Range Aeromagnetics
ROBINSON RANGE AEROMAGNETICS For personal use only
Slide 26: Robinson Range
ROBINSON RANGE For personal use only 30m sample of hematite-goethite averaging 58.2%Fe Ironstone hills extending into new acquisition
Slide 27: Unaly Hill South
UNALY HILL SOUTH For personal use only 180Mt target at Black Ridge Mining’s (BRD) magnetite-vanadium- titanium at Unaly Hill Favourable metallurgical (DTR) test results 2km strike extension on Meteoric tenement to south BRD earning up to 70% for $1.5M in 4 years BRD drilling confirms encouraging mag
Slide 28: Unaly Hill South
UNALY HILL SOUTH For personal use only • Hole UHS-02 - 33m @ 27.9% Fe, 0.5% V2O5 and 7.3% TiO2 • Hole UHS-04 - 27m @ 28.3% Fe, 0.5% V2O5 and 7.5%TiO2
Slide 29: Tibooburra
TIBOOBURRA For personal use only Meteoric right to earn up to 75% for $1.5M expenditure within 6 years 3 ELs covering 450sq km of the historic Tibooburra goldfield, NSW Numerous quartz veins with parallels to the Victorian goldfields (NSW Geol Survey) and no modern exploration Potential for high gra
Slide 30: Tibooburra
For personal use only TIBOOBURRA
Slide 31: Tibooburra
For personal use only TIBOOBURRA
Slide 32: Tibooburra
For personal use only TIBOOBURRA
Slide 33: Tibooburra
TIBOOBURRA For personal use only New Bendigo Gold diggings New Bendigo Stockwork Kink Quartz Flats Evans Gully Quartz Veins
Slide 34: Wilthorpe Harrods
WILTHORPE HARRODS For personal use only Sediment-hosted sheeted veins and stringers with high nugget factor 2.4km x 500m bedrock gold anomaly Harrods Central and Harrods South resource totals 61,600ozs Au Concept study indicates potential +10,000ozs mineable at US$800/oz and 85c ex rate (A$941/oz) c
Slide 35: Barkly JV
BARKLY JV For personal use only Meteoric 70%, Emmerson Resources earning back ($0.9M to claw back to 70%) Eastern extension of 4km of historical Golden Mile workings. Contains Perseverance ironstones, 3m @ 43.2g/t Au (CLC exclusion zone) Gravity and ground magnetic surveys defined coincident anomali
Slide 36: Barkly JV Section 448400
BARKLY JV SECTION 448400 For personal use only
Slide 37: Timetable
TIMETABLE For personal use only Nov - geological mapping, botanical and channel sampling at Coorara Dec - follow up geochemical sampling at Tibooburra gold targets Jan - drilling of 5 hematite targets at Coorara Feb - heritage survey at Robinson Range Mar - drilling follow up on Coorara hematite tar
Slide 38: www.meteoric.com.au
For personal use only www.meteoric.com.au
Meteoric Resources — Shareholder Meeting (November 2010) on 6ix