Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — Investor Presentation (October 2011)
23 slides from Meteoric Resources Nl's investor presentation, Oct 18, 2011
Slide 1: Forward Looking Statements
For personal use only October 2011 FORWARD LOOKING STATEMENTS 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 risks, uncertainties and other facto
Slide 2: Directors and Share Structure
DIRECTORS ROGER THOMSON Managing Director, Geologist, 40 years experience For personal use only GEORGE SAKALIDIS Executive Director Exploration, Exploration Geophysicist, Geophysicist 30 years experience PETER THOMAS Chairman,, Lawyer, y , 26 y years experience p SHARE STRUCTURE Fully paid ordinary
Slide 3: Project Locations and Project Update
PROJECT LOCATIONS For personal use only PROJECT UPDATE ¾ Tibooburra; an unexplored goldfield; shallow high grade gold at New Bendigo; 40km New Bendigo Fault corridor; multiple targets ¾ Coorara: 40km magnetite BIF. Exploration target 500Mt. Potential for DSO-grade hematite i trucking in t ki di dist
Slide 4: Tibooburra: An Unexplored Goldfield
TIBOOBURRA An Unexplored Goldfield ¾ Meteoric right to earn up to 75% for $1.5M For personal use only 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 p parallels to the Victorian goldfields (NSW Geol Survey)
Slide 5: Tibooburra Geochemistry Au, Sb
TIBOOBURRA For personal use only TIBOOBURRA Geochemistry Au, Au Sb
Slide 6: Tibooburra
TIBOOBURRA 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 For personal use only ¾ New Bendigo open ended for 1.2km to the so th untested south, ntested western estern zone one of diggings ¾ Anomalous
Slide 7: New Bendigo Drilling Locations
TIBOOBURRA N New B Bendigo di For personal use only TIBOOBURRA N New Bendigo B di Drilling D illi L Locations ti
Slide 8: New Bendigo Drilling Results
TIBOOBURRA N New Bendigo B di Drilling D illi R Results lt Coordinates From To Interval Gold Grade Hole Number East North m m m g/t TIBRB02 587515 6719242 12 14 2 1.12 For personal use only 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 9: Coorara Iron Project
COORARA IRON PROJECT For personal use only COORARA • Target tonnage 500M tonnes. 40km length • Predominantly magnetite with hematite alteration • New aeromagnetic survey • Hematite targets identified, initial target tonnage 10Mt • Mapping and trial Gravity surveys completed • Close to standard gauge
Slide 10: Coorara (North)
COORARA (North) For personal use only 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
Slide 11: Coorara (South)
COORARA (South) For personal use only COORARA
Slide 12: Coorara - Lake Giles
COORARA Detrital Iron Ore 62.9%Fe 62 9%Fe For personal use only COORARA - Lake Giles Macarthur Minerals Lake Giles Project: Magnetite : 1.3Bt @ 28% Fe Hematite: 18Mt @ 55% Fe
Slide 13: Coorara RC Drilling
COORARA RC Drilling D illi • Initial I iti l 22 22-hole h l 1455 1455m RC drilling d illi completed l t d For personal use only • 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 14: Webb: West Arunta Region IOCG Targets
WEBB West Arunta Region For personal use only WEBB IOCG Targets
Slide 15: Webb: Beadell JV
WEBB BEADELL JV ¾ Meteoric 70%, Beadell 30% ¾ 3 IOCG targets targets, T1 with anomalous copper and coincident gravity and magnetic For personal use only 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 16: T1 IOCG Target
T1 IOCG Target Gravity and New Magnetics For personal use only T1 IOCG Target Gravity and Magnetic Model
Slide 17: T5 IOCG Target and Webb Kimberlite Targets
T5 IOCG TARGET Detailed Aeromagnetics For personal use only WEBB KIMBERLITE TARGETS 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
Slide 18: Webb Kimberlite Targets
WEBB KIMBERLITE TARGETS For personal use only WEBB KIMBERLITE TARGETS
Slide 19: Robinson Range Iron Project
ROBINSON RANGE IRON PROJECT ¾ 50sq km of tenements For personal use only 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 Heritage agreement signed, paving way for access ROBINSON RANG
Slide 20: Robinson Range Geology and Sampling
ROBINSON RANGE Geology and Sampling For personal use only ROBINSON RANGE Aeromagnetics g
Slide 21: Robinson Range and Unaly Hill South
ROBINSON RANGE 30m sample of hematite-goethite averaging 58.2%Fe For personal use only Ironstone hills extending into new acquisition UNALY HILL SOUTH ¾ 180Mt target at Black Ridge Mining’s (BRD) magnetite-vanadium- titanium at Unaly Hill ¾ Favourable metallurgical (DTR) test results ¾ 2km strike ex
Slide 22: Unaly Hill South and Wilthorpe
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 WILTHORPE H Harrods d ¾ Sediment-hosted sheeted veins and stringers ¾ 2.4km x 500m bedrock gold anomaly ¾ Harrods H d Central C t l and dHH
Slide 23: Timetable
TIMETABLE ¾ October - Tibooburra mapping pp g & sampling p g ¾ October - Coorara Phase 2 DSO drilling For personal use only 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
Meteoric Resources — Investor Presentation (October 2011) on 6ix