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Meteoric Resources NL
Summary
| Project: | Juruena | |
|---|---|---|
| Deposit: | Dona Maria | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 10/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-10-2019: Meteoric Resources NL announces an Exploration/Drilling Update report for its Dona Maria deposit at the Juruena project. Drilling results incl. 14.0m @ 81.7g/t Au from 142.0m. Meteoric Resources NL (ASX: MEI) (“the Company”) is pleased to anno | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Sheehan (Not stated) | |
| ABSTRACT: | Meteoric Resources NL (ASX: MEI) (“the Company”) is pleased to announce the latest batch of assays have been received from drill holes JUDD003 to JUDD008 at its maiden drilling program from the 100% owned Juruena Gold Project in Brazil, with results continuing to deliver fresh bonanza grade gold intercepts. Managing Director Andrew Tunks said, “We knew with the visible gold detected in Hole JUDD008 that the results would be very exciting indeed, but we are thrilled to report more significant intercepts such as fourteen metres at 81 g/t gold in JUDD008 and three and a half metres at 51g/t in JUDD007. To date the initial drilling at Don Maria has been a great success and has given us the confidence to model a potential high‐grade ore shoot that we will test in a final deep hole at the end of the program. Holes JUDD09 to JUDD013 are being logged and sampled and we look forward to reporting the full results once the assays are returned in early November. “At Juruena we are now moving our attention to the Tomate and Querosene Prospects where we intend to drill a further 10 holes testing some high‐grade areas both inside and outside the known resources. I am also excited to report that drilling has now commenced at Novo Astro with the first hole collared into the José Prospect on 2 October and expected to be complete by the 15th. A more fulsome update will be provided once the core is geologically logged.” | |
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