Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Investor Presentation (August 2019)
17 slides from Meteoric Resources Nl's investor presentation, Aug 26, 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 August 2019
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Meteoric Resources and is general background information about For personal use only 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 Capital Structure as at 22/08/2019 held numerous senior executive posi
Slide 4: Brazilian Gold Acquisition – Juruena & Novo Astro
BRAZILIAN GOLD ACQUISITION – JURUENA & NOVO ASTRO For personal use only VG Capital Raise New Drilling Novo Astro 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 Current Infrastructure at Juruena Gold Pro
Slide 6: The Juruena Gold Project
THE JURUENA GOLD PROJECT For personal use only 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 21.8m @ 20.9 g/t 10
Slide 7: Brazil's Most Desirable Exploration Destination
BRAZIL’S MOST DESIRABLE EXPLORATION DESTINATION For personal use only 7 | INVESTOR PRESENTATION
Slide 8: Juruena Gold – JORC Resource
JURUENA GOLD – JORC RESOURCE1 For personal use only 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 89,300 Sub-total 219
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 running double shifts • Following up Historic Grades of: Prospect Hole Grade1 Dona Maria MD-09/2016 10m @ 101.1 g/t Dona Maria MR-10/2015 8m @ 62.4 g/t Querosene QD-44/20
Slide 10: JUDD001 – Our First Hole
JUDD001 – OUR FIRST HOLE For personal use only JUDD001 • 112.8m Visible Gold1 • 97m - 113m a broad zone of alteration chlorite – sericite – pyrite – gold 1Refer MEI Announcement 16/8/19 10 | INVESTOR PRESENTATION
Slide 11: 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 • Bonanza Grades 3m@26.4g/t 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 12: 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 12 | INVESTOR PRESENTATION
Slide 13: Novo Astro – New Data
NOVO ASTRO – NEW DATA For personal use only Novo Astro • Significant site of Garimpo activities since 1980s • Alluvial and hard rock • Early work documents magmatic metals Mo, Bi, W NEW ROCK CHIPS • 36 New Rock Chip assays - 26/08/19 • 5 samples > 1 g/t • Highest assay 290.13g/t ALL ROCK CHIPS 13 |
Slide 14: For personal use only
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 algillic (clay) alteration Limonite after pyrite D) Quartz veining and disseminated Coarse grained coarse-grained sulphides - Pyrite pyrite 14 |
Slide 15: Novo Astro – Never Been Drilled
NOVO ASTRO – NEVER BEEN DRILLED For personal use only 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: 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 – never been drilled • Projects located in desirable Alta Floresta Belt – Brazilian exploration hotspot
Slide 17: 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 17 | INVESTOR PRESENTATION www.meteoric.com.au
Meteoric Resources NL — Investor Presentation (August 2019) on 6ix