Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Investor Presentation (January 2015)
45 slides from Meteoric Resources Nl's investor presentation, January 2015
Slide 1: An Undervalued Diversified Explorer
January 2015 An Undervalued Diversified Explorer ASX: MEI, MEICA
Slide 2: Forward Looking & Competent Person Statements
FORWARD LOOKING & COMPETENT PERSON STATEMENTS Forward Looking Statement 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 f
Slide 3: Directors
DIRECTORS NEVILLE BASSETT Non-Executive Chairman GRAEME CLATWORTHY Executive Director GEORGE SAKALIDIS Non-Executive Director
Slide 4: Share Structure
SHARE STRUCTURE Fully paid ordinary shares – Quoted: ASX: MEI 113.2M Contributing shares – Quoted ASX:MEICA - $0.20 payable 27.5M Market Capitalisation as at 31 Dec 2014 $1.6M Options to acquire fully paid shares: Expiring 21.12.2915 - $0.237 payable 0.23M Expiring 27.12.2016 - $0.0915 payable 2.55M
Slide 5: Project Locations
PROJECT LOCATIONS Ail 110" 120° © Meteoric 180" © Joint Venture Indian Ocean South Pacific Ocean
Slide 6: Project Update
PROJECT UPDATE Barkly: Ounce-grade gold and high grade copper-bismuth intersected at Bluebird, including 20m @ 8.17g/t Au, 0.61% Cu, 0.22% Bi from 157m and 4m @ 8.99% Cu, 1.06g/t Au from 74m. Perseverance: Historical high-grade gold intersections in ironstones close to Bluebird, including 3m @ 4
Slide 7: Barkly - Bluebird Cu-Au
BARKLY - BLUEBIRD Cu-Au Meteoric 50%, one sub-block 68.43%, subject to farmout to Blaze International High value Tennant Creek-style Cu-Au target 1.6km gravity ridge with open-ended Cu anomaly Hematite ironstone host Best intersections 20m @ 8.17g/t Au, 0.61% Cu, 0.22% Bi from 157m and 4m @ 8.
Slide 8: Barkly - Bluebird Gravity, Geochemistry and Targets
BARKLY - Bluebird Gravity, Geochemistry and Targets
Slide 9: Barkly - Bluebird Section 448400E
BARKLY - Bluebird Section 448400E
Slide 10: Barkly - Bluebird Long Section
BARKLY - Bluebird Long Section
Slide 11: Barkly - Bluebird Intersection Summary
BARKLY - Bluebird Intersection Summary Collar Location GDA94 From To Cu Grade Au Grade Bi Grade Width Hole ID Length Dip Azimuth Intersection Description East North RL m m % g/t % m BBDD‐1 129.2 448400 7827075 328 ‐60 0 89 92.8 1.26 0.08 0.01 3.8 3.8m @ 1.26% Cu, 0.08g/t Au, 0.01% Bi 107.2 114 0.45
Slide 12: Perseverance – High Grade Gold
PERSEVERANCE – High Grade Gold Meteoric 68.43%, Emmerson 31.57% Outcropping ironstones 1.4km along strike from Bluebird Pronounced aeromagnetic anomaly Coincident gravity anomalies adjacent to the Buebird gravity ridge Drilling in 1987 intersected high grade gold • PERC001: 3m @ 43.2g/t Au
Slide 13: Perseverance – Gravity and Aeromagnetics
PERSEVERANCE – Gravity and Aeromagnetics
Slide 14: Warrego – Large Untested Parakeet Target
WARREGO – Large Untested Parakeet Target Meteoric 100%, subject to farmout to Bulletin Resources Mineralised ironstones at a 1km-diameter coincident magnetic and gravity anomaly along structure from the Warrego mine (7Mt @ 8g/t Au and 2% Cu) Modelling of aeromagnetic, ground magnetic and gravi
Slide 15: Warrego Cu-Au - Geology and Mines
WARREGO Cu-Au - Geology and Mines
Slide 16: Warrego Cu-Au - Aeromagnetics with Ground Magnetic Infill
WARREGO Cu-Au - Aeromagnetics with Ground Magnetic Infill
Slide 17: Warrego - Parakeet Residual TMI Aeromagnetics
WARREGO - Parakeet Residual TMI Aeromagnetics 365 000 E 7 865 000 N 7 865 000 N 276.1 7 862 500 N 7 862 500 N 56.9 33.8 7.4 -15.2 -39.5 -93.0 365 000 E
Slide 18: Warrego - Parakeet Ground Magnetics and Gravity
WARREGO - Parakeet Ground Magnetics and Gravity Gravity Ground Magnetics 0 0 5 1 0 0 0 0 0 0 5 1 5 1 1 0 0 0 9 0 50 0 0 0 1 5 0 0 5 1 0 00 - .5 0 0 0 5 0 9 0 0 0 0 0 1 5 0 5 . - 0 -. 0 0 5 9 0 5 0 0 0 0 - . 5 0 0 0 0 0 5 1 0 90 50 0 8 5 0 0 . 5 5 0 9 0 0 0 00 0 5 1 1 51 0 0 0 . 5 0 .5 Parakeet Targe
Slide 19: Warrego - Parakeet Ground Magnetics
WARREGO - Parakeet Ground Magnetics
Slide 20: Warrego - Parakeet Gravity
WARREGO - Parakeet Gravity METEORIC RESOURCES
Slide 21: Warrego - Parakeet Section
WARREGO - Parakeet Section [ 350en [~ 300en Drilthole WNRC20 flattened and missed the target Borehole Magnetic data indicates more magnetic part of body is located to the west of WNRCO3 4 Drillhole WNCO3 clipped the |. top part of the magnetic body and deviated to the east of target 14m @ 0.3%Cu Mod
Slide 22: Warrego - Parakeet Ground Magnetic 3D Inversion Model
WARREGO - Parakeet Ground Magnetic 3D Inversion Model
Slide 23: Warrego - Parakeet Ironstone Targets at 300m
WARREGO - Parakeet Ironstone Targets at 300m
Slide 24: Warrego - Other Untested Targets
WARREGO - Other Untested Targets Modelling of aeromagnetic data at Area 2, north of the Warrego mine, indicates 4 untested ironstone target below the drilling completed to date All targets have interpreted high magnetic susceptibilities with potential for associated high grade Cu-Au mineralisati
Slide 25: Warrego - Area 2 Residual TMI Aeromagnetics
WARREGO - Area 2 Residual TMI Aeromagnetics 3 75 000 E 377 500 E 7 860 0 00 N 7 860 0 00 N 7 857 5 00 N 7 857 5 00 N 7 855 0 00 N 7 855 0 00 N 351 .3 127 .2 88.8 54.9 23.1 7 852 5 00 N 7 852 5 00 N -6 .6 -12 0.1 3 75 000 E 377 500 E
Slide 26: Warrego - Area 2, 3D Aeromagnetic Model 500m Depth Slice
WARREGO - Area 2, 3D Aeromagnetic Model 500m Depth Slice
Slide 27: Webb Diamond Joint Venture
WEBB DIAMOND JOINT VENTURE : Gulf of Carpentaria = LEGEND @ diamong Mine @ Diamondiferous Kimberiite “—™~ Highway 500 kilometres METEORIC RESOURCES
Slide 28: Webb Diamond JV
WEBB DIAMOND JV Meteoric 30%, GeoCrystal 70% Drilling confirms 50 kimberlite bodies out of 64 targets tested (target depth not reached in some cases) 11 microdiamonds in wide spaced loam sampling over the kimberlite field 6 of the microdiamonds cluster in an 8km-long anomalous zone Detaile
Slide 29: Webb - Regional Aeromagnetics
WEBB - Regional Aeromagnetics
Slide 30: Webb – Detailed Aeromagnetics
WEBB – Detailed Aeromagnetics
Slide 31: Webb – Loam Sampling
WEBB - Loam Sampling ie i as i f ft is les_2013 Loam_Samp! Tenement_Outline e --------- Main Road Loam_Microdiamond Q - ue" - ~~ ~~ - nee METEORIC RESOURCES
Slide 32: Webb - SiO2/Peralkalinity Index Discriminant Plot
WEBB - SiO2/Peralkalinity Index Discriminant Plot
Slide 33: Webb - Microdiamonds
WEBB - Microdiamonds Microdiamond Sample Dimensions Sample ID Type mm Diamond Description 2013 Loam Sampling 1310008 loam 0.3x0.2x0.1 Diamond ‐ pale green, subtranslucent, included, irregular 1310013 loam 0.1x0.1x0.1 Diamond ‐ well formed cubo‐octahedron, pale brown, clear Diamond ‐ Greenish yellow,
Slide 34: Coorara Fe
COORARA Fe METEORIC RESOURCES
Slide 35: Coorara - Lake Giles
COORARA - Lake Giles Macarthur Minerals Lake Giles Project: Magnetite : 1.3Bt @ 28% Fe Hematite: 80Mt @ 47%Fe (40%Fe cut-off). Upgradable to 60%Fe Coorara covers 40km of the same BIF sequence
Slide 36: Coorara
COORARA • Meteoric 100% • Exploration target 400Mt-500Mt. 40km length • Predominantly magnetite with hematite alteration • Detailed aeromagnetic survey • Hematite targets identified, initial exploration target 10Mt-20Mt • Potential for DSO magnetite • Close to standard gauge rail giving access optio
Slide 37: Coorara - North
COORARA - North • 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 • 56 RC drill holes
Slide 38: Coorara - Northern DSO Targets
COORARA - Northern DSO Targets
Slide 39: Coorara - Rock Sampling
COORARA - Rock Sampling eS. METEORIC RESOURCES
Slide 40: Coorara - Detrital Iron Ore 62.9% Fe
COORARA - Detrital Iron Ore 62.9% Fe
Slide 41: Coorara - RC Drilling
COORARA - RC Drilling METEORIC RESOURCES
Slide 42: Coorara - Section 6667300mN
COORARA - Section 6667300mN METEORIC RESOURCES
Slide 43: Coorara - Section 6657675mN
COORARA - Section 6657675mN METEORIC RESOURCES
Slide 44: Next Steps
NEXT STEPS Barkly Cu-Au: Follow up drilling on high grade target at Bluebird Perseverance: Magnetic surveying and modelling of high grade gold targets Warrego Cu-Au: Drilling of the Parakeet IOCG target Webb kimberlites: Follow up drilling on priority targets Coorara Fe: DSO magnetite and
Slide 45: www.meteoric.com.au
wvvyw.meteoric.com.au
Meteoric Resources NL — Investor Presentation (January 2015) on 6ix