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Meteoric Resources NL
Summary
| Project: | Midrim | |
|---|---|---|
| Deposit: | Midrim | |
| Location: | Canada | |
| Commodities: | Copper-Nickel-Platinum-Palladium | |
| Date: | 2/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-2-2018: Meteoric Resources NL announces an Exploration/Drilling Update report for its Midrim deposit at the Midrim project. Drilling results incl. 22.1m @ 2.38% Cu, 1.64% Ni, 2.56g/t PGE from 28m. Canadian cobalt and copper-nickel-PGE explorer Meteoric | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Max Nind (Internal) | |
| ABSTRACT: | Canadian cobalt and copper-nickel-PGE explorer Meteoric Resources NL (ASX: MEI; “Meteoric” or the “Company”) is pleased to announce assay results from its recently completed 2,270m diamond drilling program targeting the high-grade massive sulphide mineralisation at its 100% owned Midrim Project. Meteoric’s maiden drilling programme was undertaken during November-December 2017 where a total of 15 holes were completed across the project (Figure 2 and Tables 1 & 2) for 2,270m of NQ diamond core. A total of 512 core samples were submitted to ALS in Sudbury for analysis. Outstanding intersections with Cu-Ni-PGE sulphide assay results include: “The new drilling is a solid step forward in our progress at Midrim. It confirms the high-grade nature of the mineralisation in the historical drilling and provides us with new information to finalise a 3D model for Midrim that will guide any further work. Importantly the new core will supply fresh sample material for a detailed metallurgical study supplementing the preliminary metallurgical study we are due to announce in the coming weeks. With the Northern winter coming to an end, the team are excited to get into the field in and commence work on our exploration portfolio, with a focus on our highly prospective cobalt ground. We will be announcing our exploration plans over the coming weeks before I head to Canada in early March to initiate our aggressive exploration program.” | |
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