Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Investor Presentation (October 2019)
18 slides from Meteoric Resources Nl's investor presentation, Oct 16, 2019
Slide 1: Juruena & Novo Astro Projects - Bonanza Grade Brazilian Gold
For personal use only JURUENA & NOVO ASTRO PROJECTS - BONANZA GRADE BRAZILIAN GOLD Meteoric Resources NL - Investor Presentation October 2019
Slide 2: Disclaimer
DISCLAIMER For personal use only The material in this presentation has been prepared by Meteoric Resources and is general background information about Meteoric’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Inf
Slide 3: Corporate Overview
CORPORATE OVERVIEW For personal use only Andrew Tunks Managing Director Dr Tunks is a member of the Australian Institute of Geoscientist holding a B.Sc. (Hons.) from Monash and a Ph.D from the University of Tasmania. Dr Tunks has held numerous senior executive positions in a range of small to large
Slide 4: Brazilian Gold Acquisition - Juruena & Novo Astro
BRAZILIAN GOLD ACQUISITION – JURUENA & NOVO ASTRO For personal use only Drilling Capital Results Novo Astro Raise New Drilling Historical Announced Bonanza Gold Aquisition 4 | INVESTOR PRESENTATION
Slide 5: History
HISTORY For personal use only • Both Juruena and Novo Astro contain extensive artisanal workings • Recorded production in excess of 500,000oz gold • Over 30,000 Garimpeiros worked the Juruena area in 1980s Gold Rush Historic workings at Juruena Gold Project Nugget from Juruena Gold Project • Limited
Slide 6: Brazil's Most Desirable Exploration Destination
BRAZIL’S MOST DESIRABLE EXPLORATION DESTINATION For personal use only 6 | INVESTOR PRESENTATION
Slide 7: The Juruena Gold Project - Why Did We Want It?
THE JURUENA GOLD PROJECT For personal use only WHY DID WE WANT IT? Prospect Hole Intercept From (g/t Au).m1 Querosene QD-44/2016 3.6m @ 554.3 g/t 147m 1995 Dona Maria MD-09/2016 10m @ 101.1 g/t 127m 1011 Dona Maria MR-10/2015 8m @ 62.4 g/t 100m 499 Capixba J-81 9 m @ 54.4 g/t 33m 486 Dona Maria J-07
Slide 8: Juruena Gold - JORC Resource
JURUENA GOLD – JORC RESOURCE1 For personal use only What did we get? PROSPECT CATEGORY CUT OFF Tonnes Grade (g/t) Oz Au Indicated 67,800 13.7 29,800 Donna Maria Inferred 2.5 g/t 148,500 12.2 58,200 Sub-total 216,300 12.7 88,000 Indicated 31,200 28.4 28,500 Querosene Inferred 2.5 g/t 188,700 14.7 89,
Slide 9: Juruena Gold Project
JURUENA GOLD PROJECT For personal use only • Drilling program commenced July • Initial target 26 holes for 4,700m • 2 rigs onsite double shifts ❖ Confirm previous Bonanza Grades ❖ Test under-drilled portions of resource at Dona Maria and Querosene and at depth ❖ Test additional targets outside the c
Slide 10: JUDD001 - Our First Hole
JUDD001 – OUR FIRST HOLE1 For personal use only 20.6m @ 94.9 g/t Au Including 3.65m @ 508.4 g/t Au JUDD001 • 112.8m Visible Gold • 97m - 113m a broad zone of alteration chlorite – sericite – pyrite – gold 1Refer MEI Announcement 18/9/19 10 | INVESTOR PRESENTATION
Slide 11: JUDD001 - JUDD008 Significant Results
JUDD 002 – JUDD008 SIGNIFICANT RESULTS1 For personal use only Hole ID From (m) To (m) Interval (m) Grade (g/t) Gram.metres (g/t.m) JUDD001 37.00 41.94 4.94 1.08 5 79.40 81.90 2.50 2.25 6 96.79 117.38 20.59 94.90 1954 including 107.47 107.92 3.65 508.36 1856 and 114.05 114.68 0.63 106.50 67 130.89 13
Slide 12: Dona Maria - Querosene
DONA MARIA - QUEROSENE For personal use only • Moderate to steeply dipping orezones 1m@101g/t • Average 1m to 4m true width 8m@62.4g/t 21.8m@20.9g/t 3m@26.4g/t • Bonanza Grades controlled by fault 14m@2.24g/t 1.4m@48.6g/t intersections? 2.4m@1.55g/t 0.7m@6.0g/t • Excellent Metallurgy with > 90% reco
Slide 13: Novo Astro - A Stand-Alone Gold Discovery?
NOVO ASTRO – A STAND-ALONE GOLD DISCOVERY ? For personal use only Juruena Novo Astro José Graça Mateus Bodhi 10 km GOLD IN SOILS 13 | INVESTOR PRESENTATION
Slide 14: Novo Astro porphyry and epithermal textures
For personal use only Classic porphyry and epithermal textures at Novo Astro including A) Vein stock works B) Brecciation of granitic host rocks C) Intense argillic (clay) alteration Limonite after pyrite Coarse grained D) Quartz veining and disseminated pyrite coarse-grained sulphides - Pyrite 14 |
Slide 15: Novo Astro - Never Been Drilled Till Now
NOVO ASTRO – NEVER BEEN DRILLED For personal use only TILL NOW 2019 EXPLORATION PROGRAM GEOLOGY • Mapping and sampling - underway DRILLING • 21 diamond holes • 2500m • Testing 4 targets • Commences September GEOPHYSICS • Planning phase • Magnetics • IP 15 | INVESTOR PRESENTATION
Slide 16: Novo Astro - Hole Complete
NOVO ASTRO – HOLE 1 COMPLETE For personal use only 16 | INVESTOR PRESENTATION
Slide 17: Summary
SUMMARY For personal use only • Two concurrent drill programs targeting key projects • Juruena – existing high-grade resource and multiple high-grade prospects • Novo Astro – giant in soil anomaly – 1 hole drilled by us • Projects located in desirable Alta Floresta Belt – Brazilian exploration hotsp
Slide 18: Thank You
For personal use only THANKYOU Dr Andrew Tunks Managing Director Phone: +61 400 205 555 Email: ajtunks@meteoric.com.au Investor Relations Victoria Humphries Phone: +61 431 151 676 Email: victoria@nwrcommunications.com.au www.meteoric.com.au 18 | INVESTOR PRESENTATION
Meteoric Resources NL — Investor Presentation (October 2019) on 6ix