METEORIC RESOURCES NL — Investor Presentation 2011

Oct 23, 2011

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October 2011

FORWARD LOOKING STATEMENTS

This presentation contains forecasts and forward looking statements which are made in good faith and are believed to have reasonable basis.

However, such forward looking statements are subject to risks, uncertainties and other factors which could cause the actual results to differ materially from the future results expressed , projected or implied by forward looking statements.

DIRECTORS

ROGER THOMSON Managing Director, Geologist, 40 years experience

GEORGE SAKALIDIS

Executive Director Exploration , Geophysicist , 30 years experience PETER THOMAS Chairman , Law y er , 26 y ears ex p erience

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SHARE STRUCTURE
Fully paid ordinary shares – all quoted:
(ASX: MEI) 74M
Market Capitalisation $6M
–
Contributing shares Quoted
ASX:MEICA - $0.20 payable 27.5M
Options to acquire fully paid shares:
Expiring 23.12.2014 - $0.225 payable 2.58M
Options to acquire contributing shares:
Expiring 16.11.2011 - $0.065 payable 2.4M
C as h $1 . 2M
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PROJECT LOCATIONS
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• PROJECT UPDATE

• � Tib oo b urra; an unexp l ore d go ldfi e ld ; s h a ll ow high grade gold at New Bendigo; 40km New Bendigo Fault corridor; multiple targets

• Coorara: 40km magnetite BIF. Exploration target 400Mt-500Mt. Potential for DSO-grade hematite in truckin distance of Trans-Pacific g

• railway

• Robinson Range: DSO-grade hematite in the mid -

• west iron province . Exploration target 50Mt 100Mt

• Webb: IOCG targets T4 and T5 identified from detailed aeromagnetic surveys

• Webb: Kimberlite targets farmed out to North Australian Diamonds

• Wilthorpe: 61,000oz gold resource outlined. Toll treat/heap leach potential

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TIBOOBURRA An UnexploredGoldfield

• Meteoric right to earn up to 75% for $1.5M expenditure by 2016

• 3 EL s cover i ng 450 sq m o k f th e hi s t or i c Tibooburra goldfield, NSW

• Numerous uartz veins with arallels to the q p

• Victorian goldfields (NSW Geol Survey) and no modern exploration

• Potential for high grade veins and bulk tonnage stockworks

• 4 large gold and multi-element anomalies identified to date

TIBOOBURRA

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TIBOOBURRA
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TIBOOBURRA
Au Sb
Geochemistry ,
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TIBOOBURRA

• Shallow high grade gold, best intercept 20m @ 5 .2 g/t A u fr o m 8 m , in c l ud in g 3 m @ 22. 6g/t A u from 13m at New Bendigo

• New Bendigo open ended for 1.2km to the so u th , u ntested w estern z one of diggings

• � Anomalous shallow gold in bedrock below cover at Kink , 6km south of New Bendi g o

• � New Bendigo and Kink (and Peak) occur on the 40km-long New Bendigo Fault structural zone

• Numerous targets yet to be tested

• Lots of upside

TIBOOBURRA

New Bendigo Gold diggings

New Bendigo Stockwork

Kink Quartz Flats

Evans Gully Quartz Veins

TIBOOBURRA N ew en B di go

TIBOOBURRA N ew en B di go r D illi ng oca L ti ons

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TIBOOBURRA N ew en B di go r D illi ng esu R lt s

TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s	TIBOOBURRA N B di D illi R lt ew en go r ng esu s
	Hole Number	Coordinates		From m	To m	Interval m	Gold Grade g/t
		East	North
	TIBRB02	587515	6719242	12	14	2	1.12
	TIBRB03	587515	6719253	27	28	1	0.61
				32	34	2	1.52
				38	39	1	0.54
	TIBRB04			34	36	2	0.51
	TIBRB06	587543	6719193	10	17	7	3.33
				22	23	1	2.79
	TIBRB08	587578	6719215	8	11	3	1.79
	TIBRB1	7	7114	7	11	4	24
		55	5				.
	TIBRB11	587585	6719165	9	10	1	0.61
				36	38	2	0.69
	TIBRB12	587602	6719176	8	28	20	5.22
		including		13	16	3	22.62
	TIBRB13			2	3	1	3.75
	TIBRB14	587473	6719357	31	32	1	5.73
	TIBRB15	587490	6719366	9	10	1	0.59
				36	40	4	11.33 eoh
		including		36	38	2	21 87 .
	TIBRB18	587412	6719441	15	17	2	3.31
	TIBRB19	587433	6719451	35	36	1	0.58

TIBOOBURRA N ew en B di go r D illS ec ti ons

COORARA IRON PROJECT

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COORARA

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• Exploration Target 400Mt500Mt. 40km length

• Predominantly magnetite with hematite alteration

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• New aeromagnetic survey

• Hematite targets identified, initial exploration target 10Mt15Mt

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• Mapping and trial Gravity surveys completed

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• Close to standard gauge rail giving access choices to Esperance or Kwinana ports

• N o n at iv e t i t l e i ssues

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• Follow up RC drilling programme about to start

Target tonnage is based on sampling, aeromagnetic models, density of 3.5 and depths of 100m. The potential quality and grade is conceptual in nature and there has not yet been sufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the definition of a mineral resource.

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COORARA (North)

COORARA (North)

• 2 , 500 line km , 100m spaced aeromagnetic survey completed

• 40km of iron formation interpreted from outcrop and aeromagnetics

• 300 samples collected

• 34% grade >50% Fe

COORARA (South)

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COORARA
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COORARA DetritalIron Ore 62 . 9%Fe

COORARA - Lake Giles

Macarthur Minerals Lake Giles Project: Magnetite : 1.3Bt @ 28% Fe Hematite: 18Mt @ 55% Fe

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COORARA RCD r illi ng

• I n i t i a l 22 h o l e 1455 m RC d r illi ng comp l ete d

• • Less than optimal conditions reduced drill effectiveness

• Intersections include: 4m @ 59.1%Fe, 2m @ 54.5%Fe and 2m @ 58.6%Fe

• Surface enrichments thinner than expected, possibly eroded

• Several new tar ets identified with otential for g p

• thicker hematite enrichments

• Further drilling scheduled in October

• Assessment of detrital iron targets in progress

COORARA RCDrilling

WEBB WestArunta Region

WEBB IOCGTargets

WEBB

BEADELLJV

• Meteoric 70%, Beadell 30%

� 3 IOCG T1 with anomalous targets , copper and coincident gravity and magnetic anomaly; 2km x 2.5km magnetic anomaly u de w ith v it anomal (amplit 1200nT) gra y y (>5mgal)

• Initial diamond drill hole RDD01 at T1 intersected minor hematite alteration and anomalous copper

• isolated 5 000nT at T5

• Strong , anomaly

• � Gravity surveys, sampling and drilling lanned at T4 and T5

• p

T1 IOCG Tar et g Cu-anomalous breccia

T1 IOCG Target Gravity andNew Magnetics

T1 IOCG Target Gravity andMagnetic Model

T5 IOCG TARGET DetailedAeromagnetics

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WEBB KIMBERLITE TARGETS

• 500sq km of exploration licences covering 80 circular magnetic anomalies

• Geophysical modelling indicates potential for shallow kimberlite pipes

• 100% M e t eor i t r i ht t i re c excep ( g o acqu

• 90% in 1 EL)

• JV with North Australian Diamonds ( NAD ) where NAD can earn 70% of Meteoric’s interest by expenditure of $2.5M within 5 yea r s

• Heritage survey completed, sampling and drilling planned

• Virgin, completely unexplored

WEBB KIMBERLITE TARGETS

WEBB KIMBERLITE TARGETS

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ROBINSON RANGE IRON PROJECT

• 50sq km of tenements

• 13km of iron formations

• Hematite and hematite-goethite in outcrop up to 62%Fe

� Low impurities

• Aeromagnetics indicate iron formations may extend under cover

• Exploration target 50Mt-100Mt

• Heritage agreement signed, paving way for access

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ROBINSON RANGE
Location
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ROBINSON RANGE Geology and Sampling

ROBINSON RANGE Aeroma netics g

ROBINSON RANGE

30m sample of hematite-goethite averaging 58.2%Fe

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Ironstone hills
extending into new
acquisition
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UNALY HILL SOUTH

• 180Mt target at Black Ridge Mining’s (BRD) magnetite-vanadiumtitanium at Unaly Hill

• Favourable metallurgical (DTR) test results

• 2km strike extension on Meteoric tenement to so u th

• � BRD earning up to 70% for $1.5M in 6 y ears

• BRD drilling confirms encouraging magnetite and vanadium grades

UNALY HILL SOUTH

• Hole UHS-02 - 33m @ 27.9% Fe, 0.5% V O and 7.3% T O 2 5 i 2 • Hole UHS-04 - 27m @ 28.3% Fe, 0.5% V O and 7.5%T O 2 5 i 2

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WILTHORPE H arro d s � Sediment-hosted sheeted veins and stringers

• 2.4km x 500m bedrock gold anomaly

• � H arro d s en C t ra l an d H arro d s ou S th resource totals 61,600ozs Au

• Additional resource potential between Harrods Central and Harrods South

• Concept study indicates potentially viable heap leach subject to further test work

• Possible satellite to the 1Mtpa Fortnum treatment plant situated within 25km

TIMETABLE

• October - Tibooburra ma in & sam lin pp g p g

• October - Coorara Phase 2 DSO drilling

• October/Nov - Webb kimberlite tar g ets sam p lin g

� November - Wilthorpe heap leach studies

• Nov/Dec - Tibooburra follow up drilling

• New Year - Coorara follow-up DSO drilling

• New Year - Assess Coorara magnetite potential

• New Year - Webb kimberlite targets drilling (NAD)

COMPETENT PERSON STATEMENT

The information in this report that relates to exploration results is based on information compiled or reviewed by Roger Thomson BSc, ARSM, MAusIMM, who is a Member of the Australian Institute of Geoscientists. Roger Thomson is a Director of Meteoric Resources NL. Roger Thomson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the ‘Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Roger Thomson consents to the inclusion of this information in the form and context in which it appears in this presentation.

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