MEI 0.00% 10.5¢ meteoric resources nl

Ann: Quarterly Activities Report, page-3

  1. 1,042 Posts.
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    This is looking really good imo! Pit width is confirmed wider than expected as seen from hole BCD0371, company plans to pump out the pit and then expand drilling widths plus re test all previous drilling also continue the drilling following the plunge south all with current cash!

    BCRD480 & 479 will be really telling shaping up to be a big deposit! when will it end??
    As you can see around the pit is very unexplored and this could see extensions the the N W E, most likely some pit width and hopefully a plunge to the north with the pit as a peak, being a folding deposit this could be possible rather than the usual thick wedges seen typically drilling in these deposits.

    Its already a huge high grade deposit just with the top section of the fold yet alone the plunging wings, the pit has only touched the surface yet alone down the wings, undoubtedly this will be mining in the next 2 years from 100m market cap this thing could see a 10x rise with brazil turning on the heat in the 12-18 months to come.

    https://hotcopper.com.au/data/attachments/2844/2844349-396ec05f91da8d422ff7b42155f1d143.jpg

    https://hotcopper.com.au/data/attachments/2844/2844362-1872476922cfe05b308f788c7759d1ac.jpg


 
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