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Warrego North

 

   

 

Barkly

The Barkly JV with Emmerson Resources Ltd covers the southeast extension of the Tennant Creek Mineral field (production history: 5Moz of gold and 350,000t of copper). Meteoric has carried out an extensive programme of magnetic and gravity surveys followed by geochemical sampling.

The sampling defined a 600m-long bedrock copper anomaly, open to the east, along strike from the shallow, historical Bluebird gold workings. Limited follow up RAB intersected 8m at 1.0% Cu and 0.3g/t Au from 72m at end of hole. Further follow up of these encouraging results is being planned.

Meteoric has earned a 70% interest in the project and has elected for Emmerson to earn a majority intent by sole funding the next stage of exploration.

 

Warrego North

 

This project is situated immediately north of the largest mine in the Tennant Creek mineral field, the Warrego mine (production history: 1.3Moz of gold and 91,500t of copper). Meteoric has completed magnetic and gravity surveys and follow up drilling on several target areas, focusing on the Parakeet prospect where best intercepts were 4m at 0.3% Cu from 219m, 2m at 0.2% Cu, 0.2g/t Au and 0.3% Bi from 198m and 5m at 0.5% Cu from 154m.

Recent geochemical sampling in the Parakeet area has identified three gold anomalies warranting follow up drilling.


 

Page updated 4 April 2009