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Juruena

Meteoric completed a maiden 26-hole diamond drill program for 4,700m at the Juruena Gold Project in 2019, which primarily targeted the high-grade zones at the Dona Maria, Querosene and Crentes resources in addition to testing other known prospects including Mauro, Tomate and Uilliam.

Drilling results included the bonanza grade of 20.6m @ 94.9 g/t Au from 96.8m including 3.65m @ 508.4 g/t Au from 107.5m from hole JUDD001.

Meteoric also intersected a high-grade gold shoot at Dona Maria, returning a result of 4.4m @ 13.5 g/t Au from 300m including 2.0m @ 27.3 g/t Au from 302m in hole JUDD0022. 

Drilling in 2020 is focused on expanding the known mineralisation at depth at Dona Maria and along strike at Tomate.

Additionally, Meteoric is looking at several other under drilled targets and the largely
unexplored Arrasto Hills to the Northwest.

Juruena contains a Global Mineral Resource Estimate (JORC 2012) of
1.3Mt for 261koz Au at 6.3 g/t comprising of:

         
High-grade Dona Maria & Querosene resources – 436,000t @ 14.7g/t for 205,000 oz Au

         
Large-tonnage, lower-grade Crentes resource – 846,000t @ 2.0 g/t for 55,000 oz Au

The Juruena Project currently contains a current Global Mineral Resource Estimate (JORC 2012) of 1.3Mt for 261koz Au at 6.3 g/t comprising of:

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