Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

METEORIC RESOURCES NL Investor Presentation 2021

Nov 29, 2021

65311_rns_2021-11-29_f0b4ad80-090a-45cd-b98d-20d76808a832.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

METEORIC RESOURCES 2021 AGM UPDATE

==> picture [218 x 217] intentionally omitted <==

Meteoric Resources NL -

DISCLAIMER

==> picture [218 x 217] intentionally omitted <==

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

C
----- End of picture text -----

The material in this presentation has been prepared by Meteoric Resources and is general background information about Meteoric’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs.

Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. All securities and financial product or instrument transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk.

This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to Meteoric’s businesses and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward-looking statements. Meteoric does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside Meteoric’s control. Past performance is not a reliable indication of future performance.

C o m p e t e n t p e r s o n s t a t e m e n t

The information in this announcement that relates to mineral resource estimates and exploration results is based on information reviewed, collated and fairly represented by Mr Peter Sheehan who is a member of the Australasian Institute Of Mining And Metallurgy and a consultant to Meteoric Resources NL. Mr Sheehan 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. Mr Sheehan consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

GROWING FOOTPRINT AUSTRALIA – BRAZIL

==> picture [285 x 215] intentionally omitted <==

==> picture [101 x 96] intentionally omitted <==

==> picture [209 x 211] intentionally omitted <==

  • Palm Springs – Halls Creek W.A Historic Mine 50K oz Produced in 1990s[1] Classic Proterozoic Orogenic Gold

Juruena – Northern Mato Grosso

  • Garimpo production 1980’s approx. 500k oz[2] Low sulfidation epithermal gold & Porphyry copper-gold

  • Refer PMA 1999 Annual Technical Report DMIRS GML 80/197

  • Source DNPM - Brazil

3 | INVESTOR PRESENTATION

AUSTRALIA – PALM SPRINGS

==> picture [112 x 116] intentionally omitted <==

PALM SPRINGS GOLD PROJECT BUTCHERS CREEK

==> picture [221 x 270] intentionally omitted <==

  • Abundant ore remains in the floor of the southern end of Butchers Creek Pit

  • The orebody is completely open at depth and down plunge to the south

  • The entire prospect lies with granted Mining Leases from the early 1990’s

ALSO

  • 9Mt Tailings Dam remains with abundant capacity

  • Excellent Metallurgy with > 90% recoveries

  • 60 other gold occurrences across the new package

==> picture [269 x 96] intentionally omitted <==

5 | INVESTOR PRESENTATION

==> picture [101 x 96] intentionally omitted <==

DRILLING RESULTS

==> picture [429 x 281] intentionally omitted <==

6 | INVESTOR PRESENTATION

==> picture [101 x 96] intentionally omitted <==

2021 PSGP JORC RESOURCE

==> picture [536 x 135] intentionally omitted <==

Resource based on a combination of existing historical drilling and 2020 drilling by Meteoric.

Mineral Resource Estimated by Aurelia Mining Consulting – Perth.

==> picture [132 x 147] intentionally omitted <==

7 | INVESTOR PRESENTATION

==> picture [101 x 96] intentionally omitted <==

2022 EXPLORATION NEW DISCOVERIES & BUTCHERS CREEK EXTENSIONS

==> picture [228 x 292] intentionally omitted <==

2022 – Scoping Study Reports – Q1 2022

  • ➢ Preliminary Metallurgy

  • ➢ Open Pit and UG designs

2022 Exploration Plans – Q2 2022

  • Geophysics

  • ➢ Ground IP survey south of Butchers

  • ➢ Aerial geophysics

  • Drilling Q2 & 3 2022

  • ➢ Butchers South – Resource Extension

  • ➢ Butchers North – Syenite Targets

  • ➢ Golden Crown North – Resource Extension

  • ➢ Halls Gully

    • ❖ a large Au in rock chip anomaly associated with the Halls Creek Fault

8 | INVESTOR PRESENTATION

BRAZIL - JURUENA

==> picture [112 x 116] intentionally omitted <==

DRILLING RESULTS[1]

High Grade Gold

JUDD001 – 20.5m @ 94.9 g/t Au from 97m JUDD008 – 14m @ 87g/t Au from 141m JUDD031 – 14.3m @ 10.2 g/t Au from 307m JUDD028 – 2.4m @ 38.8 g/t Au from 216m

Copper Gold Intercepts

JUDD024 – 6.7m @ 20.3 g/t Au & 1.86% Cu from 101m JUDD039 – 51m @ 1.4 g/t Au & 0.25% Cu from 118m JUDD031 – 11m @ 2.34 g/t Au & 0.28% Cu from 42m

==> picture [101 x 96] intentionally omitted <==

==> picture [240 x 117] intentionally omitted <==

==> picture [241 x 123] intentionally omitted <==

  1. Refer ASX releases 18 September 2019, 14 October 2019, 12 October 2020 17 March 2021

10 | INVESTOR PRESENTATION

BRAZIL – JURUENA

==> picture [365 x 259] intentionally omitted <==

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

Historic workings at Juruena Gold Project Nugget from Juruena Gold Project
----- End of picture text -----

==> picture [138 x 130] intentionally omitted <==

| INVESTOR PRESENTATION

11

2021 JURUENA JORC RESOURCE

==> picture [101 x 96] intentionally omitted <==

==> picture [540 x 166] intentionally omitted <==

Resource based on a combination of existing historical drilling and 2019 & 2020 drilling by Meteoric

Mineral Resource Estimated by Trepannier Pty Ltd - Perth

12 | INVESTOR PRESENTATION

SCOPING STUDY

GE 21 Brazil updating 2017 Big River Gold Scoping Study

  • Resource verification and validation

  • Pit optimization and design

  • Stope Optimisation and UG design

  • Mining Schedule

  • Fleet sizing - Mine CAPEX and OPEX

  • Plant description - Plant CAPEX and OPEX

  • Economic Analysis

  • SCOPING STUDY RESULTS Q1 2022

==> picture [158 x 102] intentionally omitted <==

==> picture [282 x 186] intentionally omitted <==

Serabi Gold TSX:SBI - Paulito Mine 300km NW of Juruena

State of Para 40,000 Oz pa

| INVESTOR PRESENTATION

13

SUMMARY

Company has established a strong resource base across 2 continents – Global Resource

  • 7,521,000 t @ 3.1 g/t for 744,000 oz of Au

==> picture [59 x 42] intentionally omitted <==

Scoping study under way Mining Licence Applications Imminent

==> picture [64 x 39] intentionally omitted <==

Scoping Study underway Strong exploration season planned for 2022

==> picture [210 x 281] intentionally omitted <==

14 | INVESTOR PRESENTATION