Meteoric Resources NL (ASX: MEI) is currently carrying out its maiden drill programs at the Company’s wholly owned Juruena and Novo Astro Gold Projects, located in the Alta Floresta Belt in the state of Mato Grosso in Central Brazil.

The Juruena Project contains a current Global Mineral Resource Estimate (JORC 2012) of 1.3Mt for 261koz Au at 6.3 g/t comprising:
  • High grade Dona Maria & Querosene resources – 436,000t @ 14.7g/t for 205,000 oz Au
  • Large-tonnage, lower-grade Crentes resource with – 846,000t @ 2.0 g/t for 55,000 oz Au


Drilling at both Novo Astro and Jurena has revealed visible gold and the first drill results through from Juruena included the Bonanza Grade 20.6m @ 94.9g/t Au including 3.65m @ 508.4g/t Au. 

Meteoric’s fully funded 2020 exploration programs will include:

  • 5,000m of diamond drilling at Juruena to expand upon existing resources and test new targets
  • 3,000m of diamond drilling at Novo Astro under known artisanal open mines
  • 20,000m of percussion/air core drilling at Novo Astro define the scale of the mineralised system outside existing mine areas
  • Expanding geophysical programs at Novo Astro and Juruena


September 20, 2019

Small Caps video interview with Andrew Tunks


Meteoric Resources listed on ASX in 2004 and in 2019 acquired a portfolio of highly prospective gold projects in Brazil.

Following a successful maiden exploration program across the key projects, Juruena and Novo Astro, the Company completed a placement of $7m late in 2019 to fund exploration programs across both projects through 2020.

The Meteoric management team includes experts in the field with previous project specific experience. 


The Alta Floresta Belt is arguably the most desirable gold exploration destination in Brazil. A massive land grab has been occurring since the latter half of 2017, with approximately 2.65 million hectares of copper and gold exploration permit applications being filed with the Brazilian Mining Department to date, covering virtually the entire belt.