MEI 12.4% 10.0¢ meteoric resources nl

historical average is 2-3g/t. 56@ 2.7! [email protected] and 53@ 2.14 are...

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    historical average is 2-3g/t. 56@ 2.7! [email protected] and 53@ 2.14 are good for open pit bulk. The “missing”intersection in 372 is simply a narrow miss parallel to the 334. Easy to forget how narrow a drill core is.
    BC has a good structure for open pit or even underground extensions/stopes from pit floor. Easy and ready access along with active Mining lease means this will likely be mined within 2 years. Next set of assays may even be richer given that there are 7 occurrences of visible gold. IP will be interesting here also for identifying the synclines either side of the main fold anticline. Gold is surrounded by Py and Po so good magnetics there for correlating returns with likely location of gold in Qz veining. Good for drill targeting.
    Share price in a trading range that seems fair, 5.5-6.2. Holding nicely. Also can’t wait for IP at Juruena next year. Chasing porphyry.
 
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Mkt cap ! $224.0M
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10.5¢ 1303548 13
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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