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Meteoric Resources NL
Summary
| Project: | Midrim | |
|---|---|---|
| Deposit: | Midrim | |
| Location: | Canada | |
| Commodities: | Copper-Nickel-Platinum-Palladium | |
| Date: | 7/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2017: Meteoric Resources NL announces an Exploration/Drilling Update report for its Midrim deposit at the Midrim project. Reassay of historic core results incl. 20.3m @ 2.92% Cu, 1.81% Ni, 2.68g/t PGE from 15.5m. An X-ray Fluorescence (XRF) verificat | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jonathan King (Collective Prosperity Pty Ltd.) | |
| ABSTRACT: | An X-ray Fluorescence (XRF) verification program of historical drill core held at the Laverlochere based core library has been conducted. The program was undertaken to validate historical assays conducted by Fieldex Exploration and Aurora Platinum, and to confirm the efficacy of XRF in the further assessment of the Meteoric project portfolio. The verification program included the re-assay via XRF of the historical mineralised intercepts contained in several drill holes: MR00-01, MR00-02, MR00-03 and MR01-39. The selected holes provide a balanced representation of high grade sulphide zones, host gabbro and country rock values. Two or three readings per corresponding sample interval were taken and averaged; where an interval carried more than one historical sample an average of the historical assay results was used. An Olympus Delta Professional operating in soil mode with a read time of 45 seconds was used for each test. The XRF results confirmed the mineralised extent of massive sulphide zones in holes MR00-01 and MR00-02. The evident correlation between XRF and historical assay support the use of XRF in Meteoric field programs going forward. Improved resolution and accuracy in the XRF will be achieved through calibrating against locally prepared standards. Additional testing of previously under- or un-assayed core will be undertaken early within the preliminary exploration program in order to identify further extents of mineralisation. | |
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