MEI 3.03% 17.0¢ meteoric resources nl

Ann: Deep Drilling Reaches Top of Copper Gold Porphyry Target, page-110

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    There was always the possibility that JUD0042 could have speared the elephant but initial target was around 500m and drilling was at 650m ~2weeks ago. Crickets since then.

    In JUD0042, still the potential for some good intercepts and the J Fault still on cards but agree more likely at this stage to hone in on the drill target for next two holes in Brazil for the porphyry copper–gold resource. Happy hunting.

    The WA program cant come soon enough, the hinge, extending mineralisation and the pit floor. All good stuff and I am particularly interested in the hinge considering the good grades we got from the limbs.

    Unless JUD0042 hits something big, I think it will be the JORC ann within the next 10 days along with some good indications of a porphyry copper–gold resource and some guidance on next steps for the deep drilling at Juruena (but I still dream of some outstanding intercepts and something magical at the J fault).

 
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