METEORIC RESOURCES NL — Interim / Quarterly Report 2009

Apr 29, 2009

MINING EXPLORATION ENTITY QUARTERLY REPORT

APPENDIX 5B

Name of entity:

Meteoric Resources NL

ABN: Quarter ended (“current quarter”) 64 107 985 651 31/3/2009 Consolidated statement of cash flows Cash flows related to operating activities Current quarter $AUD’000 Year to date (9 months) $AUD’000 1.1 Receipts from product sales and related debtors 6 50 1.2 Payments for: (a) exploration and evaluation (b) development (c) production (d) administration (48) (14) (174) (263) 1.3 Dividends received 1.4 Interest and other items of a similar nature received 9 41 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 (47) (346)	ABN: Quarter ended (“current quarter”) 64 107 985 651 31/3/2009 Consolidated statement of cash flows Cash flows related to operating activities Current quarter $AUD’000 Year to date (9 months) $AUD’000 1.1 Receipts from product sales and related debtors 6 50 1.2 Payments for: (a) exploration and evaluation (b) development (c) production (d) administration (48) (14) (174) (263) 1.3 Dividends received 1.4 Interest and other items of a similar nature received 9 41 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 (47) (346)	Quarter ended (“current quarter”) 31/3/2009	Quarter ended (“current quarter”) 31/3/2009
		31/3/2009
	Current quarter $AUD’000		Year to date (9 months) $AUD’000
	6 (48) (14) 9		50 (174) (263) 41
	(47)		(346)
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 (Loan repayments to associated company) Net investing cash flows 1.13 Total operating and investing cash flows (carriedforward)	(23)		(25)
	(23)		(25)
	(70)		(371)

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1.13 Total operating and investing cash flows
(70) (371)
(brought forward)
Cash flows related to financing activities
1.14 Proceeds from issues of shares, options,
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 (provide details if material) – Share
issue expenses
Net financing cash flows
Net increase (decrease) in cash held (70) (371)
1.20 Cash at beginning of quarter/year to date 800 1,101
1.21 Exchange rate adjustments to item 1.20
1.22 Cash at end of quarter 730 730
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 28
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
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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
	80
	50
Total	130

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	106	86
	624	714
Total: cash at end of quarter(item 1.22)	730	800

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
E29/704 E52/1453 E77/914 M52/807 M52/808 M52/836	Withdrawn Expired Surrendered Lapsed Lapsed Lapsed	100% 90% 90% 90% 90% 90%	0% 0% 0% 0% 0% 0%
E52/2067 E57/760 P52/1215 E80/4232 E80/4234 E80/4235	Granted Granted Granted Application Application Application	90% 100% 90% 0% 0% 0%	90% 100% 90% 100% 100% 100%

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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	44,198,808 15,099,727	44,198,808 15,099,727
	Nil
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.

Roger Thomson Managing Director Date: 30 April 2009

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