METEORIC RESOURCES NL — Interim / Quarterly Report 2009

Jul 28, 2009

MINING EXPLORATION ENTITY QUARTERLY REPORT

APPENDIX 5B

Name of entity:

Meteoric Resources NL

ABN: Quarter ended (“current quarter”) 64 107 985 651 30/6/2009 Consolidated statement of cash flows Cash flows related to operating activities Current quarter $AUD’000 Year to date (12 months) $AUD’000 1.1 Receipts from product sales and related debtors 4 54 1.2 Payments for: (a) exploration and evaluation (b) development (c) production (d) administration (49) (89) (223) (352) 1.3 Dividends received 1.4 Interest and other items of a similar nature received 8 49 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows (126) (472)	ABN: Quarter ended (“current quarter”) 64 107 985 651 30/6/2009 Consolidated statement of cash flows Cash flows related to operating activities Current quarter $AUD’000 Year to date (12 months) $AUD’000 1.1 Receipts from product sales and related debtors 4 54 1.2 Payments for: (a) exploration and evaluation (b) development (c) production (d) administration (49) (89) (223) (352) 1.3 Dividends received 1.4 Interest and other items of a similar nature received 8 49 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows (126) (472)	Quarter ended (“current quarter”) 30/6/2009	Quarter ended (“current quarter”) 30/6/2009
		30/6/2009
	Current quarter $AUD’000		Year to date (12 months) $AUD’000
	4 (49) (89) 8		54 (223) (352) 49
	(126)		(472)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other – Security Deposit Net investing cash flows 1.13 Total operating and investing cash flows (carriedforward)	(13) (1)		(38) (1)
	(14)		(39)
	(140)		(511)

~~1~~

==> picture [453 x 664] intentionally omitted <==

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

1.13 Total operating and investing cash flows
(140) (511)
(brought forward)
Cash flows related to financing activities
1.14 Proceeds from issues of shares, options, 364 364
etc.
1.15 Proceeds from sale of forfeited shares
1.16 Proceeds from borrowings
1.17 Repayment of borrowings
1.18 Dividends paid
1.19 Other – Share issue expenses (19) (19)
Net financing cash flows 345 345
Net increase (decrease) in cash held 205 (166)
1.20 Cash at beginning of quarter/year to date 730 1,101
1.21 Exchange rate adjustments to item 1.20
1.22 Cash at end of quarter 935 935
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the
related entities
Current quarter
$AUD'000
1.23 Aggregate amount of payments to the parties included in item 1.2 66
1.24 Aggregate amount of loans to the parties included in item 1.10
1.25 Explanation necessary for an understanding of the transactions
Non-cash financing and investing activities
2.1 Details of financing and investing transactions which have had a material effect on
consolidated assets and liabilities but did not involve cash flows
N/A
2.2 Details of outlays made by other entities to establish or increase their share in projects in
which the reporting entity has an interest
N/A
Financing facilities available
Amount available Amount used
$AUD’000 $AUD’000
3.1 Loan facilities
3.2 Credit standby arrangements
----- End of picture text -----

~~2~~

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
4.1 Exploration and evaluation 4.2 Development 4.3 Administration	$AUD’000
	100
	50
Total	150

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $AUD’000	Previous quarter $AUD’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details) – Short Term Deposit	54	106
	881	624
Total: cash at end of quarter(item 1.22)	935	730

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest	Interest at beginning ofquarter	Interest at end of quarter
	E29/547 E77/914	Withdrawn Withdrawn	90% 90%	0% 0%
	E70/3217 E80/4260	Granted Application	100% 0%	100% 100%

~~3~~

Issued and quoted securities at end of current quarter

	Total number	Number quoted	Issue price per security (cents)	Amount paid-up persecurity (cents)
7.1 Preference securities 7.2 Issued during quarter	N/A
	Nil
7.3 Ordinary securities Fully paid Partly paid 7.4 Issued during quarter	50,815,290 15,101,527	50,815,290 15,101,527
	6,618,182
7.5 Convertible debt securities 7.6 Issued during quarter	N/A
	Nil
7.7 Options 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter	2,400,000 2,400,000 (Both to acquire partly paid shares)	Not quoted Not quoted	Exercise price $0.06 $0.065	Expiry date 21.11.2010 16.11.2011
	Nil
	Nil
	Nil
7.11 Debentures	N/A
7.12 Unsecured notes	N/A

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX.

• 2 This statement does give a true and fair view of the matters disclosed.

==> picture [124 x 37] intentionally omitted <==

Rudolf Tieleman Company Secretary Date: 29 July 2009

~~4~~