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Meteoric Resources NL

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Summary

Project:

Midrim

Deposit:Midrim
Location:Canada
Commodities:Copper-Nickel-Platinum-Palladium
Date:11/3/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-11-2017: Meteoric Resources NL announces an Exploration/Drilling Update report for its Midrim deposit at the Midrim project. Drilling results incl. 18.85m @ 2.64% Cu, 1.72% Ni, 0.58g/t Pt, 1.89g/t Pd from 17.6m. Meteoric Resources NL, ASX: MEI (“Meteori
Resources:x
CP/QP:[Overall Report]: Jonathan King (Collective Prosperity Pty Ltd.)
ABSTRACT:Meteoric Resources NL, ASX: MEI (“Meteoric” or “the Company”), a Canadian focused Cu-Ni-Co-PGE explorer, is pleased to release historical assay data for nine holes drilled by Aurora Platinum at the Midrim Project in 2000- 2001. The release follows verification by resampling and assay of select intervals from nine representative drill holes distributed throughout the Midrim Cu-Ni-Co-PGE mineralisation. Additionally, the program aimed to confirm previously identified zones of potential mineralisation hosted by sporadically assayed geological units, such as quartz-feldpar porphyry. The chosen intervals came from drill holes passing through the main zone of mineralization at Midrim. The selected samples were perceived as being representative of all geologic, lithologic and alteration units present at Midrim. In addition to the quarter core samples taken, quality control samples were placed at regular intervals during sampling. Quality control samples consisted of 3 types: a high-grade base metal standard, a low-grade base metal standard, and a lab blank. Inserted standards and blanks were sourced from komatiite-hosted nickel sulphide mineralization The verification results were compared with historical values corresponding to the same interval with a focus on the Cu, Ni, and Co values. The Relative % Difference (R%D) was calculated for each interval to determine the variance

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