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Roadshow presentation providing an overview of Meteoric Resources
Max Nind appointed Exploration Manager to direct an aggressive work program over Meteoric’s Canadian cobalt and polymetallic assets Mr Nind has more than 30 years’ experience in exploration and mining Extensive magmatic nickel sulphide experience gained at Western Mining Corporation’s Kambalda nickel operations Significant experience directing North American operations through exploration management role with Nevada Iron.
Ms Ramnath has more than 20 years’ experience in exploration and mining - Current Managing Director and CEO of Orix Geoscience in Toronto, Canada - Appointment effective 1 October 2017 in preparation for Australian company presentations - Direct historical exploration experience with Meteoric’s recently-acquired Midrim and La Force projects - Appointment of Canadian-based Director strengthens Meteoric’s in-country presence
• 82.53 km2 of highly prospective ground secured through the staking of 138 claims within the Baby segment of the Belleterre-Angliers Greenstone Belt (BAG) • New ground contains 13 of the 36 EM targets identified by Falconbridge in their 2001 assessment of the Baby segment
• The 4km x 1km conductive zone “Geoffrey anomaly” now entirely captured by Meteoric
• Metallurgical test program commenced, initial results expected within 2 months
• Discussions underway to secure a material volume of technical data covering the greater Baby segment at a significantly reduced cost to undertaking new activities
• Acquisition of historical data will rapidly accelerate exploration program and conserve capital
Meteoric Resources’ Canadian based Geological consultants, Orix Geoscience, have completed an initial regional data compilation on the Baby Segment of the greater Belleterre-Angliers Greenstone Belt (BAG), this area hosts Meteoric’s Midrim property. During the compilation process a number of technical reports produced by Falconbridge Limited (Falconbridge) (acquired by Xstrata/Glencore) were located. The reports identify a large scale, high grade resource opportunity within the greater BAG area.
Meteoric Resources NL (“Meteoric” or the “Company”) has commenced due diligence on the Mulligan and Iron Mask properties, located near the prolific nickel, copper and PGE producing Sudbury Basin in Ontario, Canada.
The La Force Nickel-Copper Project lies in the same proven mining province that carries the Midrim and Mulligan projects, all present as high-grade cobalt and Sudbury-style polymetallic targets. La Force comes with the acquisition of Cobalt Canada Pty Ltd. The claims are located in the Brodeur and Devlin townships in the Rouyn-Noranda Mining District of Quebec, a region known for its extensive copper deposits and mining/smelting activities.
Meteoric Resources has engaged leading Canadian geological consulting firm, Orix Geoscience, to conduct preliminary assessment and technical due diligence on the Midrim, Iron Mask & Mulligan high grade cobalt and polymetallic projects close to the Sudbury and Cobalt Mining Camps.
INFORMATION DISCLOSED UNDER ASX LISTING RULE 3.10.5A
Meteoric Resources is to acquire Cobalt Canada Pty Ltd, which holds the rights to acquire three highly prospective Canadian exploration projects: Midrim, Mulligan and Iron Mask.