Ticker: ASX: MEI
Project Stage: Exploration
Location: Australia, Brazil
Meteoric Resources NL (ASX: MEI) is a gold exploration company currently carrying out work programs its Palm Springs Project in Western Australia and its Juruena Gold Project, in Brazil.
Meteoric acquired the Palm Springs Gold Project within the Halls Creek Orogen of Western Australia in July 2020. Palm Springs is an advanced exploration play with past gold production of 52,000oz @ 2.1 g/t Au from the Butchers Creek open-pit mine, plus spectacular drill intercepts and historic resources. Stage 1 drilling for the project is scheduled to commence in early August, targeting high grade mineralisation below the shallow open pit at depth and down plunge to the south. Limited drilling intercepted 73m @ 2.26g/t Au from 169m and 36m @ 2.5g/t Au from 168m.
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