MEI 5.88% 16.0¢ meteoric resources nl

Ann: Melbourne Mining Club Investor Presentation, page-2

  1. 1,313 Posts.
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    Sounds like the new drill rig and team are settling in and starting to find some rythum. Really like the idea of adding an additional rig, I wonder if they are going to buy or hire? Great progresssmile.png.

    +Currently configured to drill Air Core (150m of rods).
    50,000m In-Fill drilling program commenced on the Southern licenses of +Figueira, Capao do Mel and Soberbo.
    +Initial production steady at 100m per day (expected to ramp up to 200m per day).
    +Potential to add a second Drill Rig in 6-8 weeks doubling production to ensure Resource Update deadline is met."

 
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