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METEORIC RESOURCES NL Capital/Financing Update 2023

Dec 13, 2023

65311_rns_2023-12-13_11399b40-0328-4cc3-a362-d6d56f6f2315.pdf

Capital/Financing Update

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14 14 December 2023

ASX ANNOUNCEMENT

High-Grade REEs Extend Beneath Soberbo Resource, Caldeira Project

A S X A N N O U N C E M E N T

Highlights

  • Assay results from 277 aircore holes at the Soberbo Deposit continue to highlight remarkable REE mineralisation with MREO contents often well above the estimated project average of 24% in the Inferred Resource, including:

  • 18m @ 4902ppm TREO [0m], 28% MREO - SBBAC0020

  • 15m @ 5977ppm TREO [0m], 32% MREO - SBBAC0056

  • 28m @ 3300ppm TREO [0m], 27% MREO including 16m @ 4276ppm TREO, 33% MREO - SBBAC0075

  • o 11.2m @ 4607ppm TREO [0m], 31% MREO - SBBAC0076

  • 18m @ 5192ppm TREO [6m], 29% MREO - SBBAC0084

  • 19m @ 5106ppm TREO [0m], 25% MREO including 10m @ 8218ppm TREO, 30% MREO - SBBAC0088

  • 22.4m @ 4025ppm TREO [0m], 25% MREO including 12m @ 5673ppm TREO 29% MREO - SBBAC0124

  • 13.5m @ 5084ppm TREO [0m], 30% MREO including 8m @ 7074ppm TREO, 32% MREO - SBBAC0135

  • 24m @ 3365ppm TREO [0m], 25% MREO including 12m @ 5149ppm TREO, 30% MREO - SBBAC0139

  • 40.8m @ 2394ppm TREO [0m], 22% MREO including 10m @ 5519ppm TREO, 30% MREO - SBBAC0142

  • o 17m @ 6686ppm TREO [0m], 31% MREO including 13m @ 8306ppm TREO, 35% MREO - SBBAC0153

  • 14m @ 4661ppm TREO [0m], 30% MREO including 10m @ 5734ppm TREO, 33% MREO - SBBAC0157

  • 21.4m @ 4896ppm TREO [0m], 27% MREO including 18m @ 5586ppm TREO, 29% MREO - SBBAC0161

  • o 12m @ 6220ppm TREO [0m], 30% MREO - SBBAC0162

  • 26.1m @ 3700ppm TREO [0m], 24% MREO including 10m @ 6084ppm TREO, 29% MREO - SBBAC0189

  • 22m @ 3201ppm TREO [0m], 27% MREO including 14m @ 4023ppm TREO, 30% MREO - SBBAC0197

  • o 18m @ 4389ppm TREO [0m], 30% MREO - SBBAC0206

  • 27m @ 3195ppm TREO [0m], 25% MREO including 12m @ 4910ppm TREO, 31% MREO - SBBAC0257

  • 14.4m @ 4489ppm TREO [0m], 28% MREO - SBBAC0262

  • 10m @ 7022ppm TREO [0m], 31% MREO - SBBAC0274

  • Historic auger drilling at Soberbo averaged 9.3m in depth. New drilling depth averages 16.2m, extending mineralisation in the clays by more than 7m (77% increase) with significant positive implications for the upcoming new resource estimate.

Meteoric Resources NL ( Meteoric or the Company ) (ASX: MEI ) is pleased to announce results from 277 aircore drill holes from the Soberbo Deposit, part of its 100%-owned Caldeira Rare Earth Ionic Clay Project, in the state of Minas Gerais, Brazil. These are the first results from Meteoric’s owned and operated aircore drill rig.

Meteoric’s Chairman, Dr Andrew Tunks said,

Another superb set of drilling results that highlight the incredibly high grades of our Ionic Clay Project. Equally important is the increased depth of the mineralisation, providing concrete evidence to our early theories that the orebody would continue well below the historic drilling and current resource model. As soon as all of these outstanding assays are received, we will commence a re-estimation of the Mineral Resource Estimate for the Soberbo Deposit which currently sits at 92 Mt @ 2,948 ppm TREO and along with the Capão do Mel Deposit forms a crucial part of our development strategy.

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Meteoric Resources NL ABN 64 107 985 651 Level 1, 35 Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 1 of 23

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Soberbo In-Fill Drilling Program

In Ionic Clay Adsorbed REE mineralisation, the economic zone that can be leached with ammonium sulphate is confined to the clay zone of the regolith profile. Beneath the clay zone, in the partially weathered (transition) and basement syenite (fresh), a percentage of REE elements are likely related to primary mineralisation and consequently may not be a target for the Company. Consequently, aircore ( AC ) drilling was selected by the Company as the preferred drilling method with the benefits of a high-quality sample (suitable for resource estimation), a fast meterage rate and the potential to achieve >200m production per day. AC drilling is also extremely cost effective versus diamond drilling or sonic drilling and leaves a minimal footprint on the environment with its rubber tracks and extremely small track base.

AC drilling is a drilling method where a static drill bit is attached to a hollow drill stem, which is rotated and driven into the ground. As the drill bit cuts through the ground, the compressed air flows through the outer tube and forces the cuttings up through the inner tube, keeping them free of contamination from the encasing drill hole. It allows the drill hole to penetrate the entire clay zone/target zone (refer above), generally reaching 1-2m into the transition zone of the weathering profile which contains varying amounts of rock.

An infill aircore drilling program was designed at Soberbo to delineate the depth extent of the mineralised clays below the Maiden Inferred Resource, to infill the current 200m x 200m auger sampling at sufficient spacing to enable Measured and/or Indicated Resources to be estimated, and to subsequently use these Measured & Indicated Resources to support pending economic studies.

A total of 277 AC drill holes for 4,409.5m were completed in the Soberbo Deposit ( Figure 1 ) from September to November 2023. Infill drilling was located on the western half of the deposit on a nominal 100m x 100m drill spacing, targeting several contiguous higher-grade portions of mineralisation that were defined in the historic JOGMEC auger drilling and subsequently in the 01 May 2023 Resource Estimate. A collar table for all drilling is presented as Appendix 2 and a collar location plan is presented in Figure 2 .

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Figure 1 . Location of the Soberbo Mining Licence within the Caldeira Project. (Red Box shows Location of Fig 2)

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 2 of 23

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----- Start of picture text -----

Figure 1: Soberbo Drill Hole Location Plan (DO WE USE DRAFTY?)
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Figure 2. Soberbo AC drill hole location plan.

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 3 of 23

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Drilling Results

Rare Earth mineralisation at Soberbo occurs in a thick clay zone which has formed as a result of intense weathering of the underlying intrusive host rocks. Best results included:-

SBBAC0005 - 13m @ 3881ppm TREO [0m], 25% MREO SBBAC0020 - 18m @ 4902ppm TREO [0m], 28% MREO SBBAC0030 - 15m @ 4101ppm TREO [0m], 24% MREO SBBAC0053 - 17.9m @ 3299ppm TREO [0m], 25% MREO SBBAC0056 - 15m @ 5977ppm TREO [0m], 32% MREO SBBAC0063 - 22m @ 3911ppm TREO [0m], 23% MREO SBBAC0066 - 25.4m @ 3276ppm TREO [0m], 24% MREO including 10m @ 5621ppm TREO, 28% MREO SBBAC0071 - 20m @ 2920ppm TREO [0m], 16% MREO

SBBAC0075 - 28m @ 3300ppm TREO [0m], 27% MREO including 16m @ 4276ppm TREO, 33% MREO SBBAC0076 - 11.2m @ 4607ppm TREO [0m], 31% MREO SBBAC0079 - 18.8m @ 3029ppm TREO [0m], 20% MREO SBBAC0083 - 26.4m @ 3155ppm TREO [0m], 22% MREO including 12m @ 4898ppm TREO, 26% MREO SBBAC0084 - 18m @ 5192ppm TREO [6m], 29% MREO

SBBAC0086 - 32m @ 3754ppm TREO [0m], 23% MREO including 14m @ 6650ppm TREO, 29% MREO SBBAC0088 - 19m @ 5106ppm TREO [0m], 25% MREO including 10m @ 8218ppm TREO, 30% MREO SBBAC0100 - 44m @ 2397ppm TREO [0m], 18% MREO SBBAC0112 - 19.5m @ 3607ppm TREO [0m], 22% MREO including 12m @ 4630ppm TREO, 26% MREO SBBAC0114 - 28m @ 3055ppm TREO [0m], 20% MREO SBBAC0119 - 38m @ 2596ppm TREO [0m], 16% MREO including 12m @ 4343ppm TREO, 22% MREO SBBAC0121 - 20m @ 2621ppm TREO [0m], 19% MREO SBBAC0124 - 12m @ 5673ppm TREO [2m], 29% MREO including 22.4m @ 4025ppm TREO, 25% MREO SBBAC0126 - 16m @ 3569ppm TREO [0m], 25% MREO SBBAC0130 - 15.3m @ 3928ppm TREO [0m], 24% MREO SBBAC0134 - 12m @ 4258ppm TREO [0m], 27% MREO SBBAC0135 - 13.5m @ 5084ppm TREO [0m], 30% MREO including 8m @ 7074ppm TREO, 32% MREO SBBAC0136 - 21m @ 2753ppm TREO [0m], 18% MREO SBBAC0139 - 24m @ 3365ppm TREO [0m], 25% MREO including 12m @ 5149ppm TREO, 30% MREO SBBAC0142 - 40.8m @ 2394ppm TREO [0m], 22% MREO including 10m @ 5519ppm TREO, 30% MREO SBBAC0148 - 34.8m @ 2666ppm TREO [0m], 21% MREO including 10.8m @ 5452ppm TREO, 31% MREO SBBAC0151 - 16m @ 3808ppm TREO [0m], 30% MREO

SBBAC0153 - 17m @ 6686ppm TREO [0m], 31% MREO including 13m @ 8306ppm TREO, 35% MREO SBBAC0157 - 14m @ 4661ppm TREO [0m], 30% MREO including 10m @ 5734ppm TREO, 33% MREO SBBAC0159 - 14m @ 3717ppm TREO [0m], 22% MREO SBBAC0161 - 21.4m @ 4896ppm TREO [0m], 27% MREO including 18m @ 5586ppm TREO, 29% MREO SBBAC0162 - 12m @ 6220ppm TREO [0m], 30% MREO SBBAC0178 - 34m @ 3100ppm TREO [0m], 21% MREO including 12m @ 5122ppm TREO, 26% MREO SBBAC0182 - 26.2m @ 2947ppm TREO [0m], 18% MREO including 12m @ 4249ppm TREO, 19% MREO SBBAC0183 - 17m @ 3375ppm TREO [0m], 21% MREO SBBAC0184 - 60.5m @ 2163ppm TREO [0m], 17% MREO SBBAC0185 - 30m @ 2702ppm TREO [0m], 18% MREO including 16m @ 3591ppm TREO, 20% MREO SBBAC0187 - 34m @ 2889ppm TREO [0m], 20% MREO including 12m @ 4612ppm TREO, 25% MREO SBBAC0188 - 38m @ 2814ppm TREO [0m], 20% MREO including 14m @ 4816ppm TREO, 26% MREO SBBAC0189 - 26.1m @ 3700ppm TREO [0m], 24% MREO including 10m @ 6084ppm TREO, 29% MREO SBBAC0190 - 48.2m @ 2462ppm TREO [0m], 17% MREO including 12m @ 4417ppm TREO, 25% MREO

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 4 of 23

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SBBAC0193 - 18m @ 3237ppm TREO [0m], 22% MREO SBBAC0197 - 22m @ 3201ppm TREO [0m], 27% MREO including 14m @ 4023ppm TREO, 30% MREO SBBAC0206 - 18m @ 4389ppm TREO [0m], 30% MREO SBBAC0220 - 21.5m @ 3487ppm TREO [0m], 23% MREO including 8m @ 6692ppm TREO, 28% MREO SBBAC0221 - 15.2m @ 3698ppm TREO [0m], 25% MREO SBBAC0244 - 11m @ 4791ppm TREO [0m], 19% MREO

SBBAC0257 - 27m @ 3195ppm TREO [0m], 25% MREO including 12m @ 4910ppm TREO, 31% MREO SBBAC0262 - 14.4m @ 4489ppm TREO [0m], 28% MREO

SBBAC0271 - 21.6m @ 3464ppm TREO [0m], 23% MREO including 12m @ 4748ppm TREO, 26% MREO SBBAC0274 - 10m @ 7022ppm TREO [0m], 31% MREO SBBAC0276 - 21.2m @ 3085ppm TREO [0m], 25% MREO

A full list of mineralised intercepts is presented in Appendix 1 .

Clay Zone & REE Mineralisation Extends Below the Current Resource

Aircore drilling at the Soberbo Deposit intersected a varying and sometimes extremely deep clay profile. Holes ranged from 1m on/around outcropping/sub-cropping areas to >70m in several holes. A total of 98 holes (35%) were deeper than 20m, and 27 holes (10%) were deeper than 30m.

Table 1 below shows the average depths of clay observed in historic auger drilling versus the average depth of clay observed in the AC drilling at Soberbo. The depth of the Clay Zone was observed to increase by an average of 77% across the Deposit, at similar TREO grades and MREO percentages. This is highly encouraging for the upcoming Soberbo Resource Update in Q1 2024.

Table 1. Observed depth of mineralised Clay Zone (AUGER v AC Drilling).

Target No. AUGER
holes
Ave. Depth
Clay in AUGER
No. AC holes Ave. Depth
Clay in AC
Increased Depth of
Clay (m)
Increased Depth of
Clay (%)
Soberbo 323 9.3 277 16.5 7.2 + 77 %

Figures 3 & 4 below show a strong correlation of AC grades with the current Inferred Resource in the upper part of the clays (to a maximum of 20m depth), but also clearly show strong TREO grades (> 1000ppm) extending below the block model to the base of the clays (blade refusal in AC drilling), confirming an increase in the depth of clay and an increase in the depth of mineralisation below the current resource in areas.

Remaining assay results for the Soberbo Deposit from ALS (Belo Horizonte) are expected during December 2023 and will be reported once they have been received and interpreted.

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 5 of 23

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Figure 3. Section 7 569 700 mN through Soberbo Deposit showing: current Inferred Resource block model, AC drill holes intersecting mineralised clays up to 40m below the current Inferred Resource (SBBAC0184).

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Figure 4. Section 7 570 000 mN through Soberbo Deposit showing: current Inferred Resource Block Model, AC drill holes intersecting mineralised clays and confirming high grades in the current Inferred Resource (SBBAC0061).

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Background Information on Ionic Clay REE Deposits

Geologically, the Caldeira REE Project is classified as an Ionic Adsorption Clay REE Deposit, which is characterised by the following key criteria:

Formed in the saprolite (clay) zone of the weathering profile

Majority of the REEs are adsorbed onto clay minerals and accumulated in the clay zone of the regolith profile

Adsorbed REE are ionically attached to the clay minerals and can be liberated by leaching in a weak solution of ammonium sulphate (or other metal salt) at near neutral pH

Ionic Adsorption Clay REE Deposits are typically found near the surface, often at depths of less than 10 metres

The U and Th levels in Ionic Clay REE Deposits are typically low, as these elements are less soluble in ground waters and are not preferentially adsorbed by clays during the weathering and leaching processes

Mineral Resource Statement – Caldeira Project (ASX:MEI 1/5/2023)

Table 2. Caldeira REE Project 2023 Mineral Resource Estimate (JORC 2012) – by licence at 1,000ppm TREO cut-off

Licence JORC Tonnes TREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO MREO/TREO
Category Mt ppm ppm Ppm ppm ppm ppm %
Capão do Mel Inferred 68 2,692 148 399 4 22 572 21.3%
Cupim Vermelho Norte Inferred 104 2,485 152 472 5 26 655 26.4%
Dona Maria 1 & 2 Inferred 94 2,320 135 404 5 25 569 24.5%
Figueira Inferred 50 2,811 135 377 5 26 542 19.3%
Soberbo Inferred 92 2,948 190 537 6 27 759 25.8%
Total Inferred 409 2,626 154 447 5 25 631 24.0%

TREO = La2O3 + CeO2 +Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu 2O3 + Y2O3

This release has been approved by the Board of Meteoric Resources NL.

For further information, please contact:

Dr Andrew Tunks Ben Creagh Executive Chairman Investor and Media Relations Meteoric Resources NL NWR Communications E [email protected] E [email protected] T +61 400 205 555 T +61 417 464 233

The information in this announcement that relates to exploration results is based on information reviewed, collated and fairly represented by Dr Carvalho a Competent Person and a Member of the Australasian Institute of Mining and Metallurgy and is a non executive director Meteoric Resources NL. Dr. Carvalho has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr. Carvalho consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

The information in this release that relates to Mineral Resource Estimates was prepared by BNA Mining Solutions and released on the ASX platform on 1 May 2023. The Company confirms that it is not aware of any new information or data that materially affects the Mineral Resources in this publication. The Company confirms that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that the form and context in which the BNA Mining Solutions findings are presented have not been materially modified.

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 7 of 23

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APPENDIX 1 – Mineralised Intercept table.

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0001 0.0 24.0 24.0 2,016 396 20%
Soberbo SBBAC0001 incl. 2.0 6.0 4.0 3,885 996 26%
Soberbo SBBAC0002 0.0 3.0 3.0 3,021 605 20%
Soberbo SBBAC0002 incl. 0.0 2.0 2.0 3,155 688 22%
Soberbo SBBAC0003 0.0 17.0 17.0 2,215 469 21%
Soberbo SBBAC0003 incl. 0.0 4.0 4.0 3,904 984 25%
Soberbo SBBAC0004 0.0 3.0 3.0 1,862 323 17%
Soberbo SBBAC0005 0.0 13.0 13.0 3,881 988 25%
Soberbo SBBAC0005 incl. 4.0 10.0 6.0 5,657 1,668 29%
Soberbo SBBAC0006 0.0 5.5 5.5 2,852 705 25%
Soberbo SBBAC0006 incl. 4.0 5.5 1.5 4,476 1,369 31%
Soberbo SBBAC0007 0.0 5.0 5.0 1,926 402 21%
Soberbo SBBAC0008 0.0 24.0 24.0 2,424 499 21%
Soberbo SBBAC0008 incl. 6.0 14.0 8.0 3,963 956 24%
Soberbo SBBAC0009 3.0 20.0 17.0 2,103 411 20%
Soberbo SBBAC0009 incl. 8.0 12.0 4.0 3,205 837 26%
Soberbo SBBAC0010 0.0 14.3 14.3 2,813 566 20%
Soberbo SBBAC0010 incl. 8.0 14.3 6.3 2,731 781 29%
Soberbo SBBAC0011 0.0 8.0 8.0 2,309 415 18%
Soberbo SBBAC0011 incl. 4.0 6.0 2.0 2,903 660 23%
Soberbo SBBAC0012 0.0 14.3 14.3 2,773 627 23%
Soberbo SBBAC0012 incl. 6.0 10.0 4.0 4,373 1,392 32%
Soberbo SBBAC0013 0.0 17.0 17.0 2,470 508 21%
Soberbo SBBAC0013 incl. 6.0 12.0 6.0 3,459 977 28%
Soberbo SBBAC0014 0.0 31.0 31.0 2,146 439 20%
Soberbo SBBAC0014 incl. 12.0 14.0 2.0 6,154 1,606 26%
Soberbo SBBAC0015 0.0 17.0 17.0 2,777 626 23%
Soberbo SBBAC0015 incl. 8.0 12.0 4.0 2,980 857 29%
Soberbo SBBAC0016 0.0 14.5 14.5 2,245 387 17%
Soberbo SBBAC0016 incl. 10.0 14.5 4.5 1,448 425 29%
Soberbo SBBAC0017 0.0 28.0 28.0 1,978 352 18%
Soberbo SBBAC0017 incl. 14.0 16.0 2.0 3,245 896 28%
Soberbo SBBAC0018 2.0 26.0 24.0 2,127 371 17%
Soberbo SBBAC0018 incl. 16.0 20.0 4.0 3,629 1,043 29%
Soberbo SBBAC0019 0.0 21.0 21.0 2,585 469 18%
Soberbo SBBAC0019 incl. 18.0 21.0 3.0 5,470 1,932 35%
Soberbo SBBAC0020 0.0 18.0 18.0 4,902 1,363 28%
Soberbo SBBAC0020 incl. 0.0 14.0 14.0 5,778 1,679 29%
Soberbo SBBAC0021 0.0 20.0 20.0 2,084 323 15%
Soberbo SBBAC0021 incl. 0.0 4.0 4.0 4,511 1,257 28%
Soberbo SBBAC0022 0.0 23.0 23.0 2,778 567 20%
Soberbo SBBAC0022 incl. 12.0 23.0 11.0 3,922 1,163 30%
Soberbo SBBAC0023 0.0 10.0 10.0 2,262 418 18%
Soberbo SBBAC0024 0.0 10.5 10.5 1,838 282 15%
Soberbo SBBAC0025 0.0 18.0 18.0 2,592 602 23%
Soberbo SBBAC0025 incl. 4.0 10.0 6.0 3,583 959 27%
Soberbo SBBAC0026 0.0 24.0 24.0 1,710 347 20%
Soberbo SBBAC0026 incl. 0.0 4.0 4.0 3,292 789 24%
Soberbo SBBAC0027 0.0 12.0 12.0 2,136 419 20%
Soberbo SBBAC0027 incl. 0.0 4.0 4.0 3,761 870 23%
Soberbo SBBAC0028 0.0 35.0 35.0 2,554 571 22%
Soberbo SBBAC0028 incl. 10.0 18.0 8.0 3,506 911 26%

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Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 8 of 23

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Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0029 No Sample Recovered
Soberbo SBBAC0030 0.0 15.0 15.0 4,101 971 24%
Soberbo SBBAC0030 incl. 0.0 10.0 10.0 4,985 1,396 28%
Soberbo SBBAC0031 0.0 5.5 5.5 3,267 841 26%
Soberbo SBBAC0031 incl. 2.0 5.5 3.5 4,068 1,104 27%
Soberbo SBBAC0032 0.0 18.8 18.8 2,177 465 21%
Soberbo SBBAC0032 incl. 2.0 8.0 6.0 3,470 973 28%
Soberbo SBBAC0033 0.0 1.0 1.0 2,176 509 23%
Soberbo SBBAC0034 0.0 9.0 9.0 3,720 988 27%
Soberbo SBBAC0034 incl. 0.0 4.0 4.0 5,343 1,539 29%
Soberbo SBBAC0035 0.0 26.8 26.8 2,394 470 20%
Soberbo SBBAC0035 incl. 10.0 18.0 8.0 3,838 815 21%
Soberbo SBBAC0036 0.0 5.0 5.0 2,513 485 19%
Soberbo SBBAC0036 incl. 2.0 4.0 2.0 3,161 796 25%
Soberbo SBBAC0037 0.0 8.0 8.0 2,019 451 22%
Soberbo SBBAC0038 0.0 5.0 5.0 3,460 868 25%
Soberbo SBBAC0038 incl. 2.0 5.0 3.0 4,214 1,192 28%
Soberbo SBBAC0039 0.0 12.2 12.2 3,088 772 25%
Soberbo SBBAC0039 incl. 4.0 10.0 6.0 3,677 1,065 29%
Soberbo SBBAC0040 0.0 30.0 30.0 2,777 621 22%
Soberbo SBBAC0040 incl. 10.0 20.0 10.0 4,038 1,176 29%
Soberbo SBBAC0041 0.0 2.0 2.0 1,595 328 21%
Soberbo SBBAC0042 0.0 12.5 12.5 2,236 458 20%
Soberbo SBBAC0042 incl. 6.0 8.0 2.0 2,486 547 22%
Soberbo SBBAC0043 0.0 14.2 14.2 1,563 330 21%
Soberbo SBBAC0044 0.0 12.0 12.0 2,323 492 21%
Soberbo SBBAC0044 incl. 0.0 4.0 4.0 3,468 889 26%
Soberbo SBBAC0045 0.0 11.0 11.0 2,249 444 20%
Soberbo SBBAC0045 incl. 2.0 4.0 2.0 3,675 982 27%
Soberbo SBBAC0046 0.0 21.0 21.0 2,950 745 25%
Soberbo SBBAC0046 incl. 4.0 16.0 12.0 3,808 1,068 28%
Soberbo SBBAC0047 0.0 9.2 9.2 4,035 1,099 27%
Soberbo SBBAC0047 incl. 0.0 4.0 4.0 6,519 2,040 31%
Soberbo SBBAC0048 0.0 8.0 8.0 3,230 909 28%
Soberbo SBBAC0048 incl. 2.0 4.0 2.0 5,193 1,670 32%
Soberbo SBBAC0049 0.0 18.0 18.0 2,274 543 24%
Soberbo SBBAC0049 incl. 6.0 12.0 6.0 3,901 1,211 31%
Soberbo SBBAC0050 0.0 4.0 4.0 1,789 304 17%
Soberbo SBBAC0051 0.0 14.8 14.8 1,929 432 22%
Soberbo SBBAC0052 0.0 13.0 13.0 3,316 872 26%
Soberbo SBBAC0052 incl. 2.0 8.0 6.0 4,439 1,231 28%
Soberbo SBBAC0053 0.0 17.9 17.9 3,299 816 25%
Soberbo SBBAC0053 incl. 2.0 10.0 8.0 4,895 1,430 29%
Soberbo SBBAC0054 0.0 10.4 10.4 1,870 409 22%
Soberbo SBBAC0054 incl. 0.0 2.0 2.0 3,424 966 28%
Soberbo SBBAC0055 0.0 26.0 26.0 2,331 542 23%
Soberbo SBBAC0055 incl. 24.0 26.0 2.0 5,671 1,576 28%
Soberbo SBBAC0056 0.0 15.0 15.0 5,977 1,903 32%
Soberbo SBBAC0056 incl. 0.0 14.0 14.0 6,271 2,014 32%
Soberbo SBBAC0057 0.0 22.0 22.0 2,747 666 24%
Soberbo SBBAC0057 incl. 0.0 10.0 10.0 3,849 1,061 28%
Soberbo SBBAC0058 0.0 5.2 5.2 5,767 1,754 30%
Soberbo SBBAC0059 0.0 9.8 9.8 2,906 768 26%
Soberbo SBBAC0059 incl. 4.0 8.0 4.0 3,943 1,110 28%

==> picture [82 x 24] intentionally omitted <==

Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 9 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0060 0.0 20.0 20.0 2,294 510 22%
Soberbo SBBAC0060 incl. 2.0 8.0 6.0 3,522 945 27%
Soberbo SBBAC0061 0.0 32.0 32.0 2,246 480 21%
Soberbo SBBAC0061 incl. 12.0 20.0 8.0 3,607 918 25%
Soberbo SBBAC0062 0.0 21.5 21.5 1,977 334 17%
Soberbo SBBAC0063 0.0 22.0 22.0 3,911 905 23%
Soberbo SBBAC0063 incl. 6.0 12.0 6.0 5,282 1,665 32%
Soberbo SBBAC0063 with 20.0 22.0 2.0 10,659 2,641 25%
Soberbo SBBAC0064 0.0 28.0 28.0 2,521 556 22%
Soberbo SBBAC0064 incl. 4.0 16.0 12.0 3,681 955 26%
Soberbo SBBAC0065 0.0 27.4 27.4 1,891 371 20%
Soberbo SBBAC0066 0.0 25.4 25.4 3,276 785 24%
Soberbo SBBAC0066 incl. 4.0 14.0 10.0 5,621 1,565 28%
Soberbo SBBAC0067 0.0 11.2 11.2 2,596 617 24%
Soberbo SBBAC0067 incl. 6.0 11.2 5.2 4,189 1,232 29%
Soberbo SBBAC0068 0.0 10.0 10.0 1,324 154 12%
Soberbo SBBAC0069 0.0 13.5 13.5 2,928 630 22%
Soberbo SBBAC0069 incl. 6.0 8.0 2.0 7,827 2,156 28%
Soberbo SBBAC0070 0.0 16.0 16.0 1,765 330 19%
Soberbo SBBAC0071 0.0 20.0 20.0 2,920 473 16%
Soberbo SBBAC0071 incl. 2.0 4.0 2.0 7,246 182 3%
Soberbo SBBAC0072 0.0 18.0 18.0 2,360 468 20%
Soberbo SBBAC0072 incl. 6.0 10.0 4.0 3,803 1,033 27%
Soberbo SBBAC0073 0.0 26.0 26.0 2,054 411 20%
Soberbo SBBAC0073 incl. 10.0 14.0 4.0 3,321 910 27%
Soberbo SBBAC0074 0.0 16.0 16.0 2,137 411 19%
Soberbo SBBAC0074 incl. 4.0 8.0 4.0 3,723 847 23%
Soberbo SBBAC0075 0.0 28.0 28.0 3,300 882 27%
Soberbo SBBAC0075 incl. 10.0 26.0 16.0 4,276 1,414 33%
Soberbo SBBAC0076 0.0 11.2 11.2 4,607 1,419 31%
Soberbo SBBAC0076 incl. 4.0 11.2 7.2 5,802 1,829 32%
Soberbo SBBAC0077 0.0 20.0 20.0 1,974 388 20%
Soberbo SBBAC0077 incl. 6.0 8.0 2.0 3,066 617 20%
Soberbo SBBAC0078 0.0 16.0 16.0 2,465 536 22%
Soberbo SBBAC0078 incl. 8.0 10.0 2.0 5,077 1,486 29%
Soberbo SBBAC0079 0.0 18.8 18.8 3,029 615 20%
Soberbo SBBAC0079 incl. 4.0 14.0 10.0 3,654 786 22%
Soberbo SBBAC0080 0.0 2.0 2.0 1,267 177 14%
Soberbo SBBAC0081 0.0 18.1 18.1 2,853 599 21%
Soberbo SBBAC0081 incl. 4.0 10.0 6.0 5,331 1,548 29%
Soberbo SBBAC0082 0.0 24.0 24.0 2,091 417 20%
Soberbo SBBAC0082 incl. 6.0 10.0 4.0 3,573 934 26%
Soberbo SBBAC0083 0.0 26.4 26.4 3,155 705 22%
Soberbo SBBAC0083 incl. 6.0 18.0 12.0 4,898 1,285 26%
Soberbo SBBAC0084 6.0 24.0 18.0 5,192 1,531 29%
Soberbo SBBAC0084 incl. 8.0 22.0 14.0 6,233 1,967 32%
Soberbo SBBAC0085 0.0 10.0 10.0 3,243 720 22%
Soberbo SBBAC0085 incl. 4.0 8.0 4.0 4,911 1,472 30%
Soberbo SBBAC0086 0.0 32.0 32.0 3,754 845 23%
Soberbo SBBAC0086 incl. 18.0 32.0 14.0 6,650 1,896 29%
Soberbo SBBAC0087 0.0 21.6 21.6 1,867 450 24%
Soberbo SBBAC0087 incl. 0.0 2.0 2.0 2,340 647 28%
Soberbo SBBAC0088 0.0 19.0 19.0 5,106 1,301 25%
Soberbo SBBAC0088 incl. 2.0 12.0 10.0 8,218 2,469 30%

==> picture [82 x 24] intentionally omitted <==

Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 10 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0089 0.0 22.5 22.5 2,728 433 16%
Soberbo SBBAC0089 incl. 16.0 22.5 6.5 5,057 1,444 29%
Soberbo SBBAC0090 0.0 2.0 2.0 2,518 668 27%
Soberbo SBBAC0091 0.0 8.3 8.3 2,979 771 26%
Soberbo SBBAC0091 incl. 6.0 8.3 2.3 5,665 1,872 33%
Soberbo SBBAC0092 0.0 20.0 20.0 2,156 487 23%
Soberbo SBBAC0092 incl. 4.0 8.0 4.0 3,323 882 27%
Soberbo SBBAC0093 0.0 11.4 11.4 3,080 728 24%
Soberbo SBBAC0093 incl. 4.0 10.0 6.0 4,260 1,173 28%
Soberbo SBBAC0094 0.0 10.0 10.0 2,398 259 11%
Soberbo SBBAC0094 incl. 6.0 8.0 2.0 3,105 416 13%
Soberbo SBBAC0095 0.0 12.0 12.0 2,354 636 27%
Soberbo SBBAC0096 0.0 3.6 3.6 2,397 553 23%
Soberbo SBBAC0097 0.0 12.2 12.2 4,011 1,057 26%
Soberbo SBBAC0097 incl. 0.0 8.0 8.0 5,224 1,530 29%
Soberbo SBBAC0098 0.0 3.6 3.6 2,012 452 22%
Soberbo SBBAC0099 0.0 42.0 42.0 1,946 348 18%
Soberbo SBBAC0099 incl. 8.0 12.0 4.0 3,421 889 26%
Soberbo SBBAC0100 0.0 44.0 44.0 2,397 426 18%
Soberbo SBBAC0100 incl. 14.0 24.0 10.0 3,659 916 25%
Soberbo SBBAC0101 0.0 24.0 24.0 2,087 343 16%
Soberbo SBBAC0101 incl. 10.0 14.0 6.0 3,940 979 25%
Soberbo SBBAC0102 0.0 18.0 18.0 2,852 642 23%
Soberbo SBBAC0102 incl. 4.0 16.0 12.0 3,257 784 24%
Soberbo SBBAC0103 0.0 24.0 24.0 2,103 450 21%
Soberbo SBBAC0103 incl. 6.0 16.0 10.0 4,277 1,038 24%
Soberbo SBBAC0104 0.0 20.0 20.0 2,975 547 18%
Soberbo SBBAC0104 incl. 4.0 16.0 12.0 3,531 779 22%
Soberbo SBBAC0105 0.0 21.5 21.5 2,768 514 19%
Soberbo SBBAC0105 incl. 2.0 8.0 6.0 3,636 764 21%
Soberbo SBBAC0106 0.0 70.0 70.0 1,681 267 16%
Soberbo SBBAC0106 incl. 4.0 12.0 8.0 4,442 1,004 23%
Soberbo SBBAC0107 0.0 22.0 22.0 1,624 277 17%
Soberbo SBBAC0108 0.0 26.0 26.0 1,353 246 18%
Soberbo SBBAC0109 0.0 14.2 14.2 1,979 403 20%
Soberbo SBBAC0109 incl. 0.0 2.0 2.0 4,016 1,043 26%
Soberbo SBBAC0110 0.0 2.0 2.0 2,307 547 24%
Soberbo SBBAC0111 0.0 32.0 32.0 2,596 524 20%
Soberbo SBBAC0111 incl. 2.0 10.0 8.0 5,150 1,478 29%
Soberbo SBBAC0112 0.0 19.5 19.5 3,607 784 22%
Soberbo SBBAC0112 incl. 2.0 14.0 12.0 4,630 1,206 26%
Soberbo SBBAC0113 0.0 33.4 33.4 2,263 410 18%
Soberbo SBBAC0113 incl. 8.0 17.0 9.0 3,181 687 22%
Soberbo SBBAC0114 0.0 28.0 28.0 3,055 619 20%
Soberbo SBBAC0114 incl. 2.0 8.0 6.0 6,344 2,365 37%
Soberbo SBBAC0115 0.0 28.0 28.0 2,111 457 22%
Soberbo SBBAC0115 incl. 2.0 8.0 6.0 4,293 1,289 30%
Soberbo SBBAC0116 0.0 38.2 38.2 2,218 473 21%
Soberbo SBBAC0116 incl. 0.0 14.0 10.0 4,879 1,294 27%
Soberbo SBBAC0117 0.0 22.0 22.0 2,763 595 22%
Soberbo SBBAC0117 incl. 2.0 14.0 6.0 5,874 1,627 28%
Soberbo SBBAC0118 0.0 24.0 24.0 1,562 261 17%
Soberbo SBBAC0118 incl. 0.0 14.0 2.0 3,015 701 23%
Soberbo SBBAC0119 0.0 38.0 38.0 2,596 428 16%

==> picture [82 x 24] intentionally omitted <==

Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 11 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0119 incl. 2.0 14.0 12.0 4,343 961 22%
Soberbo SBBAC0120 0.0 20.2 20.2 1,605 317 20%
Soberbo SBBAC0121 0.0 20.0 20.0 2,621 508 19%
Soberbo SBBAC0121 incl. 2.0 8.0 6.0 4,000 1,039 26%
Soberbo SBBAC0122 0.0 11.4 11.4 2,298 472 21%
Soberbo SBBAC0123 4.0 12.1 8.1 1,344 63 5%
Soberbo SBBAC0124 0.0 22.4 22.4 4,025 1,016 25%
Soberbo SBBAC0124 incl. 2.0 14.0 12.0 5,673 1,665 29%
Soberbo SBBAC0125 0.0 8.0 8.0 2,378 491 21%
Soberbo SBBAC0125 incl. 6.0 8.0 2.0 3,262 917 28%
Soberbo SBBAC0126 0.0 16.0 16.0 3,569 877 25%
Soberbo SBBAC0126 incl. 4.0 12.0 8.0 5,146 1,418 28%
Soberbo SBBAC0127 0.0 12.0 12.0 1,506 317 21%
Soberbo SBBAC0128 0.0 1.0 1.0 1,778 335 19%
Soberbo SBBAC0129 0.0 3.4 3.4 1,986 409 21%
Soberbo SBBAC0130 0.0 15.3 15.3 3,928 928 24%
Soberbo SBBAC0130 incl. 2.0 12.0 10.0 4,930 1,396 28%
Soberbo SBBAC0131 0.0 6.4 6.4 3,371 1,027 30%
Soberbo SBBAC0131 incl. 0.0 4.0 4.0 3,649 1,779 49%
Soberbo SBBAC0132 0.0 20.4 20.4 1,713 343 20%
Soberbo SBBAC0133 0.0 12.0 12.0 3,215 796 25%
Soberbo SBBAC0133 incl. 4.0 12.0 8.0 4,059 1,286 32%
Soberbo SBBAC0134 0.0 12.0 12.0 4,258 1,145 27%
Soberbo SBBAC0134 incl. 4.0 12.0 8.0 5,531 1,867 34%
Soberbo SBBAC0135 0.0 13.5 13.5 5,084 1,503 30%
Soberbo SBBAC0135 incl. 0.0 8.0 8.0 7,074 2,283 32%
Soberbo SBBAC0135 with 4.0 6.0 2.0 10,520 3,565 34%
Soberbo SBBAC0136 0.0 21.0 21.0 2,753 501 18%
Soberbo SBBAC0136 incl. 16.0 21.0 5.0 3,934 860 22%
Soberbo SBBAC0137 0.0 14.5 14.5 2,173 203 9%
Soberbo SBBAC0137 incl. 0.0 2.0 2.0 5,779 1,971 34%
Soberbo SBBAC0138 0.0 23.0 23.0 2,762 568 21%
Soberbo SBBAC0138 incl. 12.0 16.0 4.0 5,979 1,926 32%
Soberbo SBBAC0139 0.0 24.0 24.0 3,365 842 25%
Soberbo SBBAC0139 incl. 0.0 12.0 12.0 5,149 1,551 30%
Soberbo SBBAC0140 0.0 4.5 4.5 6,695 2,071 31%
Soberbo SBBAC0141 0.0 31.0 31.0 2,567 517 20%
Soberbo SBBAC0141 incl. 20.0 31.0 11.0 3,841 1,125 29%
Soberbo SBBAC0142 0.0 40.8 40.8 2,394 525 22%
Soberbo SBBAC0142 incl. 2.0 12.0 10.0 5,519 1,633 30%
Soberbo SBBAC0143 0.0 15.0 15.0 2,262 524 23%
Soberbo SBBAC0143 incl. 6.0 8.0 2.0 3,387 969 29%
Soberbo SBBAC0144 0.0 9.0 9.0 1,781 297 17%
Soberbo SBBAC0145 0.0 10.0 10.0 3,329 873 26%
Soberbo SBBAC0145 incl. 4.0 10.0 6.0 3,879 1,148 30%
Soberbo SBBAC0146 0.0 11.0 11.0 1,993 328 16%
Soberbo SBBAC0146 incl. 8.0 10.0 2.0 3,061 826 27%
Soberbo SBBAC0147 0.0 3.0 3.0 1,941 414 21%
Soberbo SBBAC0148 0.0 34.8 34.8 2,666 555 21%
Soberbo SBBAC0148 incl. 24.0 34.8 10.8 5,452 1,676 31%
Soberbo SBBAC0149 0.0 15.5 15.5 2,718 531 20%
Soberbo SBBAC0149 incl. 12.0 15.5 3.5 5,192 1,752 34%
Soberbo SBBAC0150 0.0 13.0 13.0 3,175 863 27%
Soberbo SBBAC0150 incl. 8.0 13.0 5.0 4,054 1,198 30%

==> picture [82 x 24] intentionally omitted <==

Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 12 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0151 0.0 16.0 16.0 3,808 1,137 30%
Soberbo SBBAC0151 incl. 6.0 16.0 10.0 4,352 1,394 32%
Soberbo SBBAC0152 0.0 6.4 6.4 3,020 787 26%
Soberbo SBBAC0152 incl. 2.0 6.4 4.4 3,309 1,008 30%
Soberbo SBBAC0153 0.0 17.0 17.0 6,686 2,083 31%
Soberbo SBBAC0153 incl. 4.0 17.0 13.0 8,306 2,912 35%
Soberbo SBBAC0153 with 6.0 8.0 2.0 13,582 5,652 42%
Soberbo SBBAC0154 0.0 20.5 20.5 2,268 450 20%
Soberbo SBBAC0154 incl. 8.0 14.0 6.0 3,674 993 27%
Soberbo SBBAC0155 0.0 8.6 8.6 6,455 1,873 29%
Soberbo SBBAC0155 incl. 2.0 8.0 6.0 8,146 2,551 31%
Soberbo SBBAC0155 with 4.0 6.0 2.0 12,659 4,255 34%
Soberbo SBBAC0156 0.0 3.2 3.2 1,719 190 11%
Soberbo SBBAC0157 0.0 14.0 14.0 4,661 1,404 30%
Soberbo SBBAC0157 incl. 2.0 12.0 10.0 5,734 1,910 33%
Soberbo SBBAC0157 with 4.0 6.0 2.0 12,631 4,921 39%
Soberbo SBBAC0158 0.0 9.2 9.2 5,268 1,292 25%
Soberbo SBBAC0159 0.0 14.0 14.0 3,717 832 22%
Soberbo SBBAC0160 2.0 15.3 13.3 3,606 907 25%
Soberbo SBBAC0160 incl. 6.0 15.3 9.3 4,261 1,164 27%
Soberbo SBBAC0161 0.0 21.4 21.4 4,896 1,333 27%
Soberbo SBBAC0161 incl. 0.0 18.0 18.0 5,586 1,615 29%
Soberbo SBBAC0162 0.0 12.0 12.0 6,220 1,838 30%
Soberbo SBBAC0162 incl. 2.0 12.0 10.0 6,972 2,202 32%
Soberbo SBBAC0162 with 10.0 12.0 2.0 13,710 4,335 32%
Soberbo SBBAC0163 0.0 7.0 7.0 5,192 1,542 30%
Soberbo SBBAC0163 incl. 0.0 6.0 6.0 5,563 1,675 30%
Soberbo SBBAC0164 0.0 9.5 9.5 5,285 1,705 32%
Soberbo SBBAC0165 0.0 8.2 8.2 2,679 676 25%
Soberbo SBBAC0165 incl. 4.0 6.0 2.0 4,078 1,138 28%
Soberbo SBBAC0166 0.0 3.2 3.2 1,506 248 16%
Soberbo SBBAC0167 0.0 20.0 20.0 2,789 649 23%
Soberbo SBBAC0167 incl. 2.0 8.0 6.0 4,613 1,297 28%
Soberbo SBBAC0168 0.0 5.0 5.0 1,515 146 10%
Soberbo SBBAC0169 0.0 6.0 6.0 1,830 290 16%
Soberbo SBBAC0170 0.0 34.0 34.0 2,482 491 20%
Soberbo SBBAC0170 incl. 6.0 18.0 12.0 3,789 1,023 27%
Soberbo SBBAC0171 0.0 20.0 20.0 2,398 477 20%
Soberbo SBBAC0171 incl. 2.0 6.0 4.0 3,541 885 25%
Soberbo SBBAC0172 0.0 8.0 8.0 1,963 389 20%
Soberbo SBBAC0173 0.0 11.5 11.5 2,557 587 23%
Soberbo SBBAC0173 incl. 2.0 4.0 2.0 4,757 1,306 27%
Soberbo SBBAC0174 0.0 9.0 9.0 2,437 608 25%
Soberbo SBBAC0174 incl. 6.0 8.0 2.0 3,052 843 28%
Soberbo SBBAC0175 0.0 4.0 4.0 2,141 473 22%
Soberbo SBBAC0175B 0.0 14.2 14.2 2,027 461 23%
Soberbo SBBAC0175B incl. 2.0 4.0 2.0 3,167 802 25%
Soberbo SBBAC0176 0.0 8.1 8.1 4,176 1,047 25%
Soberbo SBBAC0176 incl. 2.0 8.0 6.0 4,848 1,276 26%
Soberbo SBBAC0177 0.0 14.0 14.0 3,389 713 21%
Soberbo SBBAC0177 incl. 8.0 14.0 6.0 5,330 1,365 26%
Soberbo SBBAC0178 0.0 34.0 34.0 3,100 658 21%
Soberbo SBBAC0178 incl. 8.0 20.0 12.0 5,122 1,333 26%
Soberbo SBBAC0179 0.0 48.0 48.0 1,700 356 21%

==> picture [82 x 24] intentionally omitted <==

Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 13 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0179 incl. 8.0 20.0 12.0 3,609 997 28%
Soberbo SBBAC0180 0.0 12.0 12.0 3,076 639 21%
Soberbo SBBAC0180 incl. 4.0 12.0 8.0 3,956 1,022 26%
Soberbo SBBAC0181 0.0 22.0 22.0 2,469 528 21%
Soberbo SBBAC0181 incl. 2.0 12.0 10.0 3,715 967 26%
Soberbo SBBAC0182 0.0 26.2 26.2 2,947 526 18%
Soberbo SBBAC0182 incl. 4.0 16.0 12.0 4,249 797 19%
Soberbo SBBAC0183 0.0 17.0 17.0 3,375 703 21%
Soberbo SBBAC0183 incl. 4.0 14.0 10.0 4,313 1,008 23%
Soberbo SBBAC0184 0.0 60.5 60.5 2,163 365 17%
Soberbo SBBAC0184 incl. 2.0 12.0 10.0 4,680 1,084 23%
Soberbo SBBAC0185 0.0 30.0 30.0 2,702 474 18%
Soberbo SBBAC0185 incl. 2.0 18.0 16.0 3,591 736 20%
Soberbo SBBAC0186 0.0 25.0 25.0 1,696 236 14%
Soberbo SBBAC0187 0.0 34.0 34.0 2,889 574 20%
Soberbo SBBAC0187 incl. 12.0 24.0 12.0 4,612 1,158 25%
Soberbo SBBAC0188 0.0 38.0 38.0 2,814 573 20%
Soberbo SBBAC0188 incl. 4.0 18.0 14.0 4,816 1,263 26%
Soberbo SBBAC0189 0.0 26.1 26.1 3,700 892 24%
Soberbo SBBAC0189 incl. 4.0 14.0 10.0 6,084 1,747 29%
Soberbo SBBAC0190 0.0 48.2 48.2 2,462 426 17%
Soberbo SBBAC0190 incl. 14.0 26.0 12.0 4,417 1,110 25%
Soberbo SBBAC0191 0.0 8.0 8.0 1,665 304 18%
Soberbo SBBAC0192 0.0 3.0 3.0 1,783 360 20%
Soberbo SBBAC0193 0.0 18.0 18.0 3,237 722 22%
Soberbo SBBAC0193 incl. 0.0 12.0 12.0 3,821 947 25%
Soberbo SBBAC0194 0.0 10.0 10.0 1,764 331 19%
Soberbo SBBAC0195 0.0 9.0 9.0 1,995 392 20%
Soberbo SBBAC0196 0.0 1.5 1.5 1,539 250 16%
Soberbo SBBAC0197 0.0 22.0 22.0 3,201 853 27%
Soberbo SBBAC0197 incl. 0.0 14.0 14.0 4,023 1,195 30%
Soberbo SBBAC0198 0.0 5.0 5.0 5,007 1,462 29%
Soberbo SBBAC0199 0.0 12.5 12.5 2,883 718 25%
Soberbo SBBAC0199 incl. 0.0 4.0 4.0 5,053 1,480 29%
Soberbo SBBAC0200 0.0 7.0 7.0 2,946 744 25%
Soberbo SBBAC0200 incl. 2.0 4.0 2.0 4,232 1,147 27%
Soberbo SBBAC0201 0.0 25.0 25.0 1,968 411 21%
Soberbo SBBAC0201 incl. 2.0 8.0 6.0 3,637 959 26%
Soberbo SBBAC0202 0.0 12.0 12.0 2,029 424 21%
Soberbo SBBAC0202 incl. 0.0 4.0 4.0 3,136 790 25%
Soberbo SBBAC0203 0.0 15.0 15.0 2,151 329 15%
Soberbo SBBAC0203 incl. 0.0 6.0 6.0 3,396 563 17%
Soberbo SBBAC0204 0.0 8.0 8.0 1,835 374 20%
Soberbo SBBAC0205 0.0 18.0 18.0 1,534 289 19%
Soberbo SBBAC0206 0.0 18.0 18.0 4,389 1,313 30%
Soberbo SBBAC0206 incl. 0.0 14.0 14.0 4,854 1,510 31%
Soberbo SBBAC0207 0.0 8.0 8.0 2,022 440 22%
Soberbo SBBAC0208 0.0 11.5 11.5 3,659 1,034 28%
Soberbo SBBAC0208 incl. 0.0 6.0 6.0 5,337 1,727 32%
Soberbo SBBAC0209 0.0 6.0 6.0 1,994 376 19%
Soberbo SBBAC0210 0.0 13.0 13.0 1,722 338 20%
Soberbo SBBAC0211 0.0 1.5 1.5 1,348 238 18%
Soberbo SBBAC0212 0.0 22.5 22.5 1,332 229 17%
Soberbo SBBAC0213 0.0 1.5 1.5 2,272 458 20%

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Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 14 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0214 0.0 9.0 9.0 2,672 613 23%
Soberbo SBBAC0214 incl. 2.0 6.0 4.0 3,485 875 25%
Soberbo SBBAC0215 0.0 22.0 22.0 2,899 561 19%
Soberbo SBBAC0215 incl. 0.0 8.0 8.0 5,016 1,206 24%
Soberbo SBBAC0216 0.0 5.0 5.0 1,674 307 18%
Soberbo SBBAC0217 0.0 19.5 19.5 1,888 363 19%
Soberbo SBBAC0217 incl. 4.0 6.0 2.0 3,324 739 22%
Soberbo SBBAC0218 0.0 9.2 9.2 3,964 931 23%
Soberbo SBBAC0218 incl. 2.0 9.2 7.2 4,585 1,265 28%
Soberbo SBBAC0219 0.0 15.8 15.8 3,051 485 16%
Soberbo SBBAC0219 incl. 2.0 10.0 8.0 3,862 1,035 27%
Soberbo SBBAC0220 0.0 21.5 21.5 3,487 791 23%
Soberbo SBBAC0220 incl. 4.0 12.0 8.0 6,692 1,870 28%
Soberbo SBBAC0221 0.0 15.2 15.2 3,698 940 25%
Soberbo SBBAC0221 incl. 2.0 10.0 8.0 5,057 1,442 29%
Soberbo SBBAC0222 0.0 10.0 10.0 2,415 563 23%
Soberbo SBBAC0222 incl. 0.0 4.0 4.0 3,714 963 26%
Soberbo SBBAC0223 0.0 5.0 5.0 1,578 306 19%
Soberbo SBBAC0224 0.0 20.0 20.0 1,671 360 22%
Soberbo SBBAC0225 0.0 8.3 8.3 1,833 379 21%
Soberbo SBBAC0226 0.0 7.0 7.0 1,594 300 19%
Soberbo SBBAC0227 0.0 14.8 14.8 1,580 302 19%
Soberbo SBBAC0228 0.0 7.0 7.0 1,742 346 20%
Soberbo SBBAC0229 0.0 12.0 12.0 4,023 1,109 28%
Soberbo SBBAC0229 incl. 2.0 12.0 10.0 4,439 1,336 30%
Soberbo SBBAC0230 0.0 37.0 37.0 2,221 430 19%
Soberbo SBBAC0230 incl. 10.0 12.0 2.0 3,703 360 10%
Soberbo SBBAC0231 0.0 21.5 21.5 2,526 452 18%
Soberbo SBBAC0231 incl. 16.0 20.0 4.0 4,496 1,300 29%
Soberbo SBBAC0241 0.0 16.0 16.0 2,269 494 22%
Soberbo SBBAC0241 incl. 6.0 12.0 6.0 3,229 850 26%
Soberbo SBBAC0242 0.0 18.0 18.0 1,525 251 16%
Soberbo SBBAC0243 0.0 22.0 22.0 1,754 334 19%
Soberbo SBBAC0244 0.0 11.0 11.0 4,791 926 19%
Soberbo SBBAC0244 incl. 2.0 10.0 8.0 5,891 1,221 21%
Soberbo SBBAC0244 with 2.0 4.0 2.0 10,809 1,351 13%
Soberbo SBBAC0245 0.0 24.0 24.0 2,028 394 19%
Soberbo SBBAC0245 incl. 4.0 8.0 4.0 3,732 952 26%
Soberbo SBBAC0246 0.0 10.0 10.0 2,377 554 23%
Soberbo SBBAC0246 incl. 0.0 4.0 4.0 3,924 1,169 30%
Soberbo SBBAC0247 0.0 7.0 7.0 1,965 400 20%
Soberbo SBBAC0248 0.0 10.0 10.0 2,115 404 19%
Soberbo SBBAC0249 0.0 10.0 10.0 1,513 308 20%
Soberbo SBBAC0250 0.0 11.0 11.0 2,294 598 26%
Soberbo SBBAC0250 incl. 2.0 6.0 4.0 3,198 966 30%
Soberbo SBBAC0251 0.0 17.6 17.6 2,156 461 21%
Soberbo SBBAC0251 incl. 8.0 14.0 6.0 3,038 855 28%
Soberbo SBBAC0252 0.0 6.4 6.4 3,737 881 24%
Soberbo SBBAC0252 incl. 2.0 6.4 4.4 4,758 1,360 29%
Soberbo SBBAC0253 0.0 10.6 10.6 3,059 853 28%
Soberbo SBBAC0253 incl. 0.0 6.0 6.0 3,870 1,188 31%
Soberbo SBBAC0254 0.0 5.1 5.1 3,684 852 23%
Soberbo SBBAC0254 incl. 2.0 5.1 3.1 4,580 1,156 25%
Soberbo SBBAC0255 0.0 2.0 2.0 4,604 1,819 40%

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 15 of 23

==> picture [596 x 69] intentionally omitted <==

Target Hole From (m) To (m) Length
(m)
TREO
(ppm)
MREO
(ppm)
MREO/TREO (%)
Soberbo SBBAC0256 0.0 29.0 29.0 2,346 499 21%
Soberbo SBBAC0256 incl. 8.0 16.0 8.0 3,067 751 24%
Soberbo SBBAC0257 0.0 27.0 27.0 3,195 810 25%
Soberbo SBBAC0257 incl. 12.0 24.0 12.0 4,910 1,536 31%
Soberbo SBBAC0258 0.0 9.4 9.4 1,493 253 17%
Soberbo SBBAC0259 0.0 14.0 14.0 2,508 501 20%
Soberbo SBBAC0259 incl. 8.0 12.0 4.0 3,715 1,091 29%
Soberbo SBBAC0260 0.0 24.2 24.2 2,176 417 19%
Soberbo SBBAC0260 incl. 16.0 20.0 4.0 4,392 1,326 30%
Soberbo SBBAC0261 0.0 21.6 21.6 2,048 387 19%
Soberbo SBBAC0261 incl. 14.0 20.0 6.0 3,543 962 27%
Soberbo SBBAC0262 0.0 14.4 14.4 4,489 1,235 28%
Soberbo SBBAC0262 incl. 2.0 12.0 10.0 5,434 1,592 29%
Soberbo SBBAC0263 0.0 16.0 16.0 1,361 261 19%
Soberbo SBBAC0264 0.0 16.4 16.4 2,188 500 23%
Soberbo SBBAC0264 incl. 2.0 6.0 4.0 3,642 1,037 28%
Soberbo SBBAC0265 0.0 6.4 6.4 2,105 452 21%
Soberbo SBBAC0266 0.0 10.0 10.0 3,097 856 28%
Soberbo SBBAC0266 incl. 4.0 8.0 4.0 3,976 1,219 31%
Soberbo SBBAC0267 0.0 17.0 17.0 1,395 233 17%
Soberbo SBBAC0268 0.0 12.0 12.0 1,928 394 20%
Soberbo SBBAC0269 0.0 13.6 13.6 3,107 748 24%
Soberbo SBBAC0269 incl. 4.0 12.0 8.0 3,899 1,161 30%
Soberbo SBBAC0270 0.0 21.6 21.6 2,522 577 23%
Soberbo SBBAC0270 incl. 6.0 14.0 8.0 3,767 1,008 27%
Soberbo SBBAC0271 0.0 21.6 21.6 3,464 793 23%
Soberbo SBBAC0271 incl. 4.0 16.0 12.0 4,748 1,249 26%
Soberbo SBBAC0272 0.0 5.0 5.0 1,499 237 16%
Soberbo SBBAC0273 0.0 7.2 7.2 1,932 223 12%
Soberbo SBBAC0274 0.0 10.0 10.0 7,022 2,169 31%
Soberbo SBBAC0275 0.0 7.0 7.0 3,635 980 27%
Soberbo SBBAC0275 incl. 0.0 6.0 6.0 3,810 1,028 27%
Soberbo SBBAC0276 0.0 21.2 21.2 3,085 772 25%
Soberbo SBBAC0276 incl. 0.0 10.0 10.0 4,851 1,483 31%
Soberbo SBBAC0277 0.0 19.0 19.0 2,768 588 21%
Soberbo SBBAC0277 incl. 12.0 19.0 7.0 4,555 1,380 30%

*min 4m width, bottom cut-off 1000ppm TREO, max 2m internal dilution

**including: min 2m width, bottom cut-off 3000 ppm TREO, max 1m internal dilution

***with: min 2m width, bottom cut-off 5000 ppm TREO, max 1m internal dilution

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 16 of 23

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APPENDIX 2 – Drill Hole information table.

Soberbo Deposit – Collar table (all holes were drilled vertical). Geographic Datum SIRGAS_2000_23S

TARGET HOLE ID EAST NORTH RL DEPTH COMMENTS
Soberbo SBBAC0001 350090 7571312 1239 24.5
Soberbo SBBAC0002 350164 7571308 1251 3.0
Soberbo SBBAC0003 350098 7571204 1240 17.0
Soberbo SBBAC0004 350189 7571206 1259 3.0
Soberbo SBBAC0005 349995 7571105 1244 13.0
Soberbo SBBAC0006 349905 7571204 1223 5.5
Soberbo SBBAC0007 349790 7571294 1203 5.0
Soberbo SBBAC0008 349919 7571060 1235 24.5
Soberbo SBBAC0009 349903 7571092 1234 20.0
Soberbo SBBAC0010 350093 7571007 1254 14.3
Soberbo SBBAC0011 349984 7570999 1242 8.0
Soberbo SBBAC0012 350086 7570917 1259 14.3
Soberbo SBBAC0013 349997 7570914 1248 17.0
Soberbo SBBAC0014 349977 7570802 1267 31.0
Soberbo SBBAC0015 349896 7570906 1249 17.0
Soberbo SBBAC0016 349887 7570794 1254 14.5
Soberbo SBBAC0017 349931 7570770 1250 28.0
Soberbo SBBAC0018 348893 7569420 1298 26.0
Soberbo SBBAC0019 348887 7569310 1296 21.0
Soberbo SBBAC0020 348797 7569424 1291 18.0
Soberbo SBBAC0021 348888 7569497 1306 20.0
Soberbo SBBAC0022 348788 7569215 1308 23.0
Soberbo SBBAC0023 348697 7569206 1314 10.0
Soberbo SBBAC0024 348688 7569114 1325 10.5
Soberbo SBBAC0025 348999 7569615 1313 18.0
Soberbo SBBAC0026 348871 7569699 1273 25.0
Soberbo SBBAC0027 348795 7569716 1268 12.0
Soberbo SBBAC0028 348804 7569606 1291 35.0
Soberbo SBBAC0029 348686 7569721 1273 0.5 NO SAMPLE COLLECTED
Soberbo SBBAC0030 348710 7569597 1275 15.0
Soberbo SBBAC0031 348992 7569720 1297 5.5
Soberbo SBBAC0032 349011 7569839 1305 18.8
Soberbo SBBAC0033 348898 7569841 1291 1.0
Soberbo SBBAC0034 348895 7569907 1286 9.0
Soberbo SBBAC0035 349100 7569905 1312 26.8
Soberbo SBBAC0036 349191 7570009 1306 5.0
Soberbo SBBAC0037 349195 7570105 1294 8.0
Soberbo SBBAC0038 348893 7569839 1291 5.0
Soberbo SBBAC0039 349362 7570208 1304 12.2
Soberbo SBBAC0040 349395 7570294 1294 32.5
Soberbo SBBAC0041 349294 7570212 1308 2.0
Soberbo SBBAC0042 349205 7570222 1303 12.5
Soberbo SBBAC0043 349084 7570034 1294 14.2
Soberbo SBBAC0044 349092 7570111 1281 12.1
Soberbo SBBAC0045 348995 7570101 1274 11.0
Soberbo SBBAC0046 348987 7570025 1292 21.0
Soberbo SBBAC0047 348899 7570003 1276 9.2
Soberbo SBBAC0048 348808 7570010 1261 8.0
Soberbo SBBAC0049 348785 7570090 1249 26.8
Soberbo SBBAC0050 348712 7570008 1246 4.0
Soberbo SBBAC0051 348682 7569925 1238 14.8
Soberbo SBBAC0052 348807 7569925 1268 13.0
Soberbo SBBAC0053 348990 7569906 1301 17.9

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Meteoric Resources NL ABN 64 107 985 651

Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 17 of 23

==> picture [596 x 69] intentionally omitted <==

TARGET HOLE ID EAST NORTH RL DEPTH COMMENTS
Soberbo SBBAC0054 348909 7570111 1265 10.4
Soberbo SBBAC0055 348588 7569082 1328 26.0
Soberbo SBBAC0056 348704 7569307 1288 15.0
Soberbo SBBAC0057 348700 7569415 1277 22.0
Soberbo SBBAC0058 348705 7569517 1281 5.2
Soberbo SBBAC0059 348595 7569809 1244 9.8
Soberbo SBBAC0060 348498 7569908 1224 20.0
Soberbo SBBAC0061 349796 7570608 1277 32.0
Soberbo SBBAC0062 349671 7570521 1289 21.5
Soberbo SBBAC0063 349587 7570439 1293 23.6
Soberbo SBBAC0064 349592 7570509 1293 30.0
Soberbo SBBAC0065 349596 7570610 1278 27.4
Soberbo SBBAC0066 349497 7570612 1269 25.4
Soberbo SBBAC0067 349492 7570712 1249 11.2
Soberbo SBBAC0068 349502 7570797 1232 16.5
Soberbo SBBAC0069 349595 7570807 1241 13.5
Soberbo SBBAC0070 349595 7570710 1258 19.0
Soberbo SBBAC0071 349688 7570606 1274 20.5
Soberbo SBBAC0072 349697 7570719 1255 18.0
Soberbo SBBAC0073 349798 7570707 1259 28.2
Soberbo SBBAC0074 349794 7570809 1245 24.0
Soberbo SBBAC0075 349699 7570806 1247 28.0
Soberbo SBBAC0076 349694 7570906 1230 11.2
Soberbo SBBAC0077 349790 7570904 1233 21.2
Soberbo SBBAC0078 349498 7570409 1282 16.0
Soberbo SBBAC0079 349510 7570503 1282 18.8
Soberbo SBBAC0080 349424 7570671 1249 5.2
Soberbo SBBAC0081 349431 7570614 1260 18.1
Soberbo SBBAC0082 349434 7570508 1264 24.0
Soberbo SBBAC0083 349293 7570509 1264 26.4
Soberbo SBBAC0084 349267 7570417 1274 24.0
Soberbo SBBAC0085 349207 7570307 1287 10.0
Soberbo SBBAC0086 349189 7570408 1294 32.0
Soberbo SBBAC0087 349195 7570498 1284 21.6
Soberbo SBBAC0088 349100 7570611 1291 19.0
Soberbo SBBAC0089 349077 7570512 1307 22.5
Soberbo SBBAC0090 349012 7570618 1302 2.0
Soberbo SBBAC0091 349113 7570696 1275 8.3
Soberbo SBBAC0092 349201 7570676 1268 22.5
Soberbo SBBAC0093 349296 7570680 1252 11.4
Soberbo SBBAC0094 349194 7570608 1276 10.0
Soberbo SBBAC0095 349256 7570602 1263 13.0
Soberbo SBBAC0096 348895 7570709 1295 3.6
Soberbo SBBAC0097 349100 7570814 1283 12.2
Soberbo SBBAC0098 348787 7570828 1255 3.6
Soberbo SBBAC0099 348800 7570904 1254 44.0
Soberbo SBBAC0100 348773 7570978 1255 71.0
Soberbo SBBAC0101 348786 7571313 1228 26.0
Soberbo SBBAC0102 348882 7571315 1209 18.0
Soberbo SBBAC0103 348811 7571198 1223 27.0
Soberbo SBBAC0104 348804 7571118 1226 24.0
Soberbo SBBAC0105 348887 7571108 1229 21.5
Soberbo SBBAC0106 348897 7571003 1244 70.0
Soberbo SBBAC0107 348921 7570917 1251 24.0
Soberbo SBBAC0108 348985 7570919 1257 29.0
Soberbo SBBAC0109 349111 7570884 1276 14.2

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 18 of 23

==> picture [596 x 69] intentionally omitted <==

TARGET HOLE ID EAST NORTH RL DEPTH COMMENTS
Soberbo SBBAC0110 349101 7571002 1255 2.0
Soberbo SBBAC0111 349087 7571100 1240 77.4
Soberbo SBBAC0112 349004 7571207 1218 19.5
Soberbo SBBAC0113 349014 7571331 1214 33.4
Soberbo SBBAC0114 349106 7571225 1229 28.0
Soberbo SBBAC0115 349212 7571128 1255 43.0
Soberbo SBBAC0116 349207 7571216 1250 38.2
Soberbo SBBAC0117 349284 7571214 1249 22.0
Soberbo SBBAC0118 349197 7571315 1229 24.0
Soberbo SBBAC0119 349121 7571309 1230 39.0
Soberbo SBBAC0120 349373 7571306 1251 20.2
Soberbo SBBAC0121 349410 7571215 1271 26.0
Soberbo SBBAC0122 349403 7571096 1292 11.4
Soberbo SBBAC0123 349290 7571011 1298 12.1
Soberbo SBBAC0124 349194 7570880 1287 22.4
Soberbo SBBAC0125 349589 7571216 1262 8.0
Soberbo SBBAC0126 349589 7571326 1240 16.0
Soberbo SBBAC0127 349493 7571327 1231 15.0
Soberbo SBBAC0128 349761 7571184 1224 1.0
Soberbo SBBAC0129 349724 7571258 1225 3.4
Soberbo SBBAC0130 349717 7571318 1227 15.3
Soberbo SBBAC0131 349606 7570983 1233 6.4
Soberbo SBBAC0132 349511 7570896 1234 20.4
Soberbo SBBAC0133 349415 7570862 1244 12.0
Soberbo SBBAC0134 349379 7570802 1245 12.0
Soberbo SBBAC0135 349203 7570786 1270 13.5
Soberbo SBBAC0136 349201 7571010 1293 21.0
Soberbo SBBAC0137 349383 7571053 1294 14.5
Soberbo SBBAC0138 349490 7571113 1271 23.0
Soberbo SBBAC0139 349586 7571121 1255 24.0
Soberbo SBBAC0140 349528 7571238 1251 4.5
Soberbo SBBAC0141 349261 7570932 1295 31.0
Soberbo SBBAC0142 349250 7571158 1257 40.8
Soberbo SBBAC0143 349693 7571115 1234 15.0
Soberbo SBBAC0144 349683 7570999 1228 9.0
Soberbo SBBAC0145 349683 7570999 1228 10.0
Soberbo SBBAC0146 349515 7570994 1250 11.0
Soberbo SBBAC0147 349291 7570817 1264 3.0
Soberbo SBBAC0148 349101 7570415 1310 34.8
Soberbo SBBAC0149 348985 7570530 1315 15.5
Soberbo SBBAC0150 348894 7570504 1302 13.0
Soberbo SBBAC0151 348785 7570422 1285 16.0
Soberbo SBBAC0152 348992 7570399 1281 6.4
Soberbo SBBAC0153 348962 7570318 1278 17.0
Soberbo SBBAC0154 349100 7570281 1287 20.5
Soberbo SBBAC0155 348908 7570320 1264 8.6
Soberbo SBBAC0156 348781 7570238 1252 3.2
Soberbo SBBAC0157 348678 7570139 1243 15.6
Soberbo SBBAC0158 348597 7570101 1237 9.2
Soberbo SBBAC0159 348502 7570068 1230 14.0
Soberbo SBBAC0160 348404 7570057 1226 15.3
Soberbo SBBAC0161 348302 7570106 1228 21.4
Soberbo SBBAC0162 348186 7570090 1222 12.0
Soberbo SBBAC0163 348100 7570081 1217 7.0
Soberbo SBBAC0164 347996 7570088 1209 9.5
Soberbo SBBAC0165 347974 7569977 1207 8.2

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 19 of 23

==> picture [596 x 69] intentionally omitted <==

TARGET HOLE ID EAST NORTH RL DEPTH COMMENTS
Soberbo SBBAC0166 348002 7569998 1207 3.2
Soberbo SBBAC0167 348125 7569992 1214 31.0
Soberbo SBBAC0168 348178 7569990 1210 5.0
Soberbo SBBAC0169 348286 7569964 1214 6.0
Soberbo SBBAC0170 348378 7569891 1222 34.0
Soberbo SBBAC0171 348420 7569823 1227 20.0
Soberbo SBBAC0172 348464 7569779 1227 10.0
Soberbo SBBAC0173 348485 7569677 1244 11.5
Soberbo SBBAC0174 348510 7569598 1251 9.0
Soberbo SBBAC0175 348472 7569487 1273 14.2
Soberbo SBBAC0176 348399 7569610 1277 8.1
Soberbo SBBAC0177 348381 7569697 1267 14.0
Soberbo SBBAC0178 348192 7569898 1232 34.0
Soberbo SBBAC0179 348099 7569907 1231 48.0
Soberbo SBBAC0180 347972 7569904 1211 12.0
Soberbo SBBAC0181 348013 7569820 1218 22.0
Soberbo SBBAC0182 348095 7569705 1226 26.2
Soberbo SBBAC0183 348197 7569712 1237 17.0
Soberbo SBBAC0184 348293 7569712 1250 60.5
Soberbo SBBAC0185 348180 7569594 1247 40.0
Soberbo SBBAC0186 348181 7569498 1240 25.0
Soberbo SBBAC0187 347942 7569672 1229 34.0
Soberbo SBBAC0188 348253 7569882 1224 38.0
Soberbo SBBAC0189 348099 7569809 1235 26.1
Soberbo SBBAC0190 348309 7569786 1254 48.2
Soberbo SBBAC0191 348290 7569506 1265 8.0
Soberbo SBBAC0192 348292 7569585 1275 3.0
Soberbo SBBAC0193 348398 7569412 1287 18.2
Soberbo SBBAC0194 348463 7569370 1295 10.0
Soberbo SBBAC0195 348504 7569309 1304 9.0
Soberbo SBBAC0196 348503 7569007 1306 1.5
Soberbo SBBAC0197 348371 7568989 1310 22.0
Soberbo SBBAC0198 348290 7569018 1300 5.0
Soberbo SBBAC0199 348195 7569012 1291 12.5
Soberbo SBBAC0200 348203 7568906 1291 7.0
Soberbo SBBAC0201 348266 7568939 1299 25.0
Soberbo SBBAC0202 348095 7568905 1261 12.0
Soberbo SBBAC0203 348079 7568818 1252 15.0
Soberbo SBBAC0204 347997 7568805 1236 8.0
Soberbo SBBAC0205 348098 7568706 1238 18.0
Soberbo SBBAC0206 348156 7568810 1263 18.0
Soberbo SBBAC0207 348093 7569020 1277 8.0
Soberbo SBBAC0208 348003 7568969 1264 11.5
Soberbo SBBAC0209 348102 7569100 1290 6.0
Soberbo SBBAC0210 348000 7569107 1279 13.0
Soberbo SBBAC0211 347961 7569147 1277 1.5
Soberbo SBBAC0212 347993 7569207 1291 22.5
Soberbo SBBAC0213 348091 7569212 1297 1.5
Soberbo SBBAC0214 348070 7569290 1286 9.0
Soberbo SBBAC0215 347947 7569306 1276 22.0
Soberbo SBBAC0216 347990 7569414 1252 5.0
Soberbo SBBAC0217 348081 7569417 1243 19.5
Soberbo SBBAC0218 348067 7569518 1235 9.2
Soberbo SBBAC0219 347997 7569511 1243 15.8
Soberbo SBBAC0220 347999 7569603 1232 21.5
Soberbo SBBAC0221 347942 7569672 1229 15.2

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 20 of 23

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TARGET HOLE ID EAST NORTH RL DEPTH COMMENTS
Soberbo SBBAC0222 348201 7569093 1284 10.0
Soberbo SBBAC0223 348330 7569125 1301 5.0
Soberbo SBBAC0224 348388 7569211 1304 22.5
Soberbo SBBAC0225 348399 7569304 1301 8.3
Soberbo SBBAC0226 348276 7569115 1284 7.0
Soberbo SBBAC0227 348279 7569206 1275 14.8
Soberbo SBBAC0228 348281 7569302 1273 7.0
Soberbo SBBAC0229 348595 7568913 1303 12.0
Soberbo SBBAC0230 348595 7568791 1309 37.0
Soberbo SBBAC0231 348592 7568707 1291 21.5
Soberbo SBBAC0232 348593 7568607 1287 22.0
Soberbo SBBAC0233 348494 7568612 1284 22.0
Soberbo SBBAC0234 348388 7568594 1291 35.4
Soberbo SBBAC0235 348393 7568707 1269 18.0
Soberbo SBBAC0236 348293 7568707 1260 18.2
Soberbo SBBAC0237 348204 7568688 1255 4.0
Soberbo SBBAC0238 348188 7568594 1240 8.0
Soberbo SBBAC0239 348270 7568491 1243 13.0
Soberbo SBBAC0240 348384 7568315 1246 7.0
Soberbo SBBAC0241 348495 7568307 1260 16.5
Soberbo SBBAC0242 348497 7568217 1253 18.0
Soberbo SBBAC0243 348597 7568213 1262 22.0
Soberbo SBBAC0244 348697 7568203 1276 11.0
Soberbo SBBAC0245 348594 7568307 1263 24.0
Soberbo SBBAC0246 348694 7568312 1277 10.0
Soberbo SBBAC0247 348616 7568398 1269 7.0
Soberbo SBBAC0248 348689 7568409 1275 10.0
Soberbo SBBAC0249 348388 7568412 1259 10.0
Soberbo SBBAC0250 348402 7568494 1262 11.0
Soberbo SBBAC0251 348489 7568513 1273 17.6
Soberbo SBBAC0252 348490 7568416 1262 6.4
Soberbo SBBAC0253 348267 7568607 1256 10.6
Soberbo SBBAC0254 348401 7568810 1273 5.1
Soberbo SBBAC0255 348496 7568907 1290 4.4
Soberbo SBBAC0256 348598 7569008 1314 29.0
Soberbo SBBAC0257 348488 7568513 1273 27.0
Soberbo SBBAC0258 348592 7568519 1279 9.4
Soberbo SBBAC0259 348491 7568713 1284 14.0
Soberbo SBBAC0260 348789 7568195 1288 24.2
Soberbo SBBAC0261 348806 7568120 1288 21.6
Soberbo SBBAC0262 348695 7568112 1274 14.4
Soberbo SBBAC0263 348567 7568102 1256 16.0
Soberbo SBBAC0264 348504 7568127 1251 16.4
Soberbo SBBAC0265 348091 7568603 1237 6.4
Soberbo SBBAC0266 348013 7568716 1237 10.0
Soberbo SBBAC0267 347982 7568519 1251 17.0
Soberbo SBBAC0268 348694 7568504 1290 12.0
Soberbo SBBAC0269 348084 7568482 1251 13.6
Soberbo SBBAC0270 348095 7568413 1256 21.6
Soberbo SBBAC0271 347997 7568406 1268 21.6
Soberbo SBBAC0272 347989 7568307 1261 5.0
Soberbo SBBAC0273 347995 7567902 1316 7.2
Soberbo SBBAC0274 347993 7568006 1294 10.0
Soberbo SBBAC0275 347976 7568094 1282 7.0
Soberbo SBBAC0276 347972 7568193 1272 21.2
Soberbo SBBAC0277 348089 7567907 1316 19.0

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APPENDIX 3 - JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

Criteria Commentary
Sampling techniques
Two (2) metre composite samples are collected from the cyclone of the rig in plastic buckets.

The material from the plastic buckets is passed through a single tier, riffle splitter with: one half bagged and
numbered for submission to the laboratory, and the other half bagged and given the same number, then
stored as a duplicate at the core facility in Pocos de Caldas.
Drilling techniques
Drilling was completed by a HANJIN 8D Multipurpose Track Mounted Drill Rig, configured to drill 3-inch
Aircore holes. The rig is supported by an Atlas Copco XRHS800 compressor which supplies sufficient air to
keep the sample dry down to the current deepest depth of 73m.

Most drill sites require minimal to no site preparation. On particularly steep sites, the area is levelled with a
backhoe loader.

All holes are drilled vertical.

Drilling is stopped at ‘blade refusal’ when the rotating bit is unable to cut the ground an further. This occurs
near the interface between clay and transition zones, generally 0.5-1.0m in to the transition. On occasions a
face sampling hammer is used once ‘blade refusal’ is reached to penetrate into the transition zone, sometimes
into the fresh rock.
Drill sample recovery
Every 2m composite sample is collected in plastic buckets and weighed to monitor sample recoveries. Each
sample averages approximately 12 kg.
Logging
The geology is logged at the drill rig by the geologist - logging focused on the soil (humic) horizon,
saprolite/clay zones and transition boundaries. Depth of geological boundaries are honoured and described
with downhole depth – not metre by metre.

Others important parameters data collected includes: grainsize, texture and colour, which can help to identify
the parent rock before weathering.

The retained chip trays of all drilled holes have a digital photographic record. The log is stored in Microsoft
Excel template with inbuilt validation tables and pick list to avoid data entry errors.

All geological data are imported into a Microsoft Access database and validated.
Sub-sampling
techniques and sample
preparation

Sample preparation (drying, crushing, splitting and pulverising) is carried out by ALS laboratory using
industry standard protocols:
o
dried at 60°C
o
the fresh rock is crushed to sub 2mm
o
the saprolite is just disaggregated with hammers
o
Riffle split 800g sub-sample
o
800 g pulverized to 90% passing 75um, monitored by sieving.
o
Aliquot selection from pulp packet
Quality of assay data
and laboratory tests

All samples were assayed by three ALS methods:
o
ME-MS81 – Lithium borate fusion prior acid dissolution and ICP-MS analysis for Ba, Ce, Cr,
Cs, Dy, Er, Eu, Ga, Gd, Hf, Ho, La, Lu, Nb, Nd, Pr, Rb, Sc, Sm, Sn, Sr, Ta, Tb, Th, Ti, Tm,
U, V, W, Y, Yb, Zr
o
Me-4ACD81 - Lithium borate fusion prior acid dissolution and ICP-MS analysis for Ag, Au,
Cd, Co, Cu, Li, Mo, Ni, Pb, Sc, Tl, Zn.
o
ME-ICP06 – X-Ray Fluorescence (XRF) and acid ICP-AES analysis for Al2O3, BaO, CaO,
Cr2O3, Fe2O3, K2O, MgO, MnO, Na2O, P2O5, SiO2, SrO, TiO2, LOI.

Laboratory inserted its own QA/QC controls, with standards, blanks and duplicates to assure the
quality and standards of the lab.

The QA/QC data includes a duplicate sample every 20 samples, and a blank and standard sample in
each 30 samples.
Verification of sampling
and assaying

All data is in digital format and stored in a cloud server, also the company maintains a back up in a desktop
computer to assure that the data could be restored if any problem occurs with the cloud or with the desktop
server.

Raw assays are received as Elemental data (ppm) from ALS laboratories. The Elemental data is converted
to Element Oxide data using the following conversion factors:-
Location of data points
All collars are set out using a hand held Garmin GPS. Once complete, all holes are picked up usnig a RTK
GPS.

All collars were surveyed in SIRGAS 2000, 23S spindle UTM grid system. The SIRGAS 2000 is a South
American Datum which is very similar with the WGS 84.

A LIDAR topographic survey was completed at Capao do Mel, Soberbo, and Figuiera Licenses by
GeoSense.
Data spacing and
distribution

Holes are drilled on a nominal 100m x 100m spacing, infilled to 50m x 50m in areas to allow estimation of
Measured and/or Indicated resources (collar plan displayed in the body of the release).

Noresources arereported.
Orientation of data in
relation to geological
structure

The mineralisation is flat lying and occurs within the saprolite/clay zone of a deeply developed regolith
(reflecting topography and weathering). Vertical sampling from the diamond holes is appropriate.

Aircore drilling by its design with air passing through an outer tube and sample returning back up the rods
through an inner tube delivers uncontaminated samples. Duplicate samples are submitted every 60 samples
and results analysed to ensure no bias is introduced in the sampling process.

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Meteoric Resources NL ABN 64 107 985 651

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Sample security
Samples are split and bagged in the field and transported back to the Company facility in Pocinhos.

All samples for submission to the lab are packed in plastic bags (in batches) and despatched to to ALS
laboratory in Vespasiano by Transport Company.

The remaining sample is collected in the plastic bags and stored at the core shed on wooden pallets.
Audits or reviews
MEI conducted a review of historic assay results as part of its Due Diligence prior to acquiring the project.
Approximately 5% of all stored coarse rejects from auger drilling were resampled and submitted to two (2) labs:
SGS Geosol and ALS Laboratories. Results verified the existing assay results, returning values +/-10% of the
original grades, well within margins of error for the grade of mineralisation reported. (see ASX:MEI 13/03/23
for a more detailed discussion).

Noindependent audit ofsampling techniques and datahas beencompleted.

Section 2 Reporting of Exploration Results

Criteria Commentary
Mineral tenement and land
tenure status

No change since previous report.

Given the rich history of mining and current mining activity in the Poços de Caldas there appears to be no
impediments to obtaining a License to operate in the area.
Exploration done by other
parties

The Caldeira Project has had significant exploration in the form of surface geochem across 30 granted mining
concessions, plus: geologic mapping, topographic surveys, and powered auger (1,396 holes for 12,963
samples).

MEI performed Due Diligence on historic exploration and are satisfied the data is accurate and correct
(refer ASX Release 13 March 2023 for a discussion).
Geology
The Alkaline Complex of Poços de Caldas represents in Brazil one of the most important geological terrain
which hosts deposits of ETR, bauxite, clay, uranium, zirconium, rare earths and leucite. The different types
of mineralization are products of a history of post-magmatic alteration and weathering, in the last stages of
its evolution (Schorscher & Shea, 1992; Ulbrich et al., 2005), The REE mineralisation discussed in this
release is of the Ionic Clay type as evidenced by development within the saprolite/clay zone of the
weathering profile of the Alkaline syenite basement as well as enriched HREE composition.
Drill hole Information
Reported as Appendix 2.
Data aggregation methods
Mineralised Intercepts are reported with a minimum of 4m width, lower cut-off 1000ppm TREO, with a
maximum of 2m internal dilution.

High-Grade Intercepts reported as “including” are reported with a minimum of 2m width, lower cut-off 3000
ppm TREO, with a maximum of 1m internal dilution.
Mineralisation widths and
intercept lengths

All holes are vertical and mineralisation is developed in a flat lying clay and transition zone within the
regolith. As such, reported widths are considered to equal true widths.
Diagrams
Reported in the body of the text.
Balanced reporting
Highlights of the Mineralised Intercepts are reported in the body of the text with results from every drill
reported in the Mineralised Intercept table in Appendix 1 for balanced reporting.
Other substantive
exploration data

Metallurgical work was carried out on samples split from a 200kg composite sample, which in turn was
composed of a selection of 184 samples from 41 holes (100 x100m grid) across the Capo do Mel Target.
Head grade of the composite sample was 4,917ppm TREO. Results showed excellent recoveries by
desorption of Rare Earth Elements (REE) using ammonium sulphate solution [(NH4)2SO4)] in weakly
acidic conditions [pH 4]. Average recovery of the low temperature magnet REE Pr + Nd was 58%.
desorption was achieved using a standard ammonium sulphate solution at pH 4 and confirms the Caldeira
Project is an Ionic (Adsorption) Clay REE deposit (for further discussion refer ASX Release 20 December
2023).

A maiden Inferred resource was published to the ASX on May 1st2023.
Further work
Proposedwork is discussedinthe body ofthe text.

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Meteoric Resources NL ABN 64 107 985 651 Level 1, Ventnor Avenue, West Perth WA 6005 www.meteoric.com.au | Page 23 of 23