Meteoric Resources NL (ASX:MEI) is a Perth based rare earth company that is progressing its flagship Caldeira Project in Minas Gerais, Brazil and aims to become Brazil’s next rare earth producer. The Caldeira Project is a true Ionic adsorbed Clay (IAC) deposit with above industry TREO grades and excellent metallurgical recoveries using a standard Ammonium Sulphate (AMSUL) wash flowsheet. These grade and recovery characteristics allow a simple flowsheet to be developed to produce a Mixed Rare Earth Carbonate (MREC) with an anticipated low capital and operating costs. Meteoric aims to become a significant volume, low-cost producer and is committed to supporting and integrating into western supply chain opportunities.
Meteoric Resources Nl
ASX:MEI ISIN:AU000000MEI3
News
The directors of Meteoric Resources NL (ASX:MEI) are pleased to announce that the Company has reached agreement with a combination of sophisticated and professional investors to place 7,500,000 fully paid shares at an issue price of A$0.15 per fully paid share. The placement includes an entitlement to receive one Meteoric contributing share for each two subscribed fully paid shares. The issue of the contributing shares is subject to shareholder approval.
Meteoric Resources NL (ASX:MEI) has reached agreement in principle with Beadell Resources Limited (ASX: BDR) for a joint venture on four granted exploration licences (E80/3820, 3821, 3822 and 3823) totalling 840sq km close to Meteoric's Webb gold project in the West Arunta region of WA. This agreement significantly expands Meteoric's interests in the unexplored and highly prospective West Arunta region where targets now include a major 80sq km gold anomaly and at least six coincident magnetic-gravity IOCG-type anomalies.
As recently updated (MEI ASX release 3 June 2009), Meteoric Resources NL (ASX:MEI) has signed an exploration and land access agreement for terms of access to the Ngaanyatjarra aboriginal reserve, paving the way for grant of exploration licence E80/4234 over the Webb gold project situated in the West Arunta region of Western Australia. Terms of access for Meteoric's other tenements in the region remain to be finalised.
Meteoric Resources NL (ASX:MEI) is pleased to announce that an exploration and land access agreement has been signed with elders of the Kiwirrkura Community for terms of access to the Ngaanyatjarra aboriginal reserve, paving the way for grant of exploration licence E80/4234 over the Webb gold target (MEI ASX release 26 March 2009).
Meteoric Resources NL (ASX:MEI) is pleased to announce that an exploration and land access agreement has been signed with elders of the Kiwirrkura Community for terms of access to the Ngaanyatjarra aboriginal reserve, paving the way for grant of exploration licence E80/4234 over the Webb gold target (MEI ASX release 26 March 2009).
Meteoric Resources NL (ASX:MEI) is pleased to announce that an exploration and land access agreement has been signed with elders of the Kiwirrkura Community for terms of access to the Ngaanyatjarra aboriginal reserve, paving the way for grant of exploration licence E80/4234 over the Webb gold target (MEI ASX release 26 March 2009).
As recently announced (MEI ASX release 26 March 2009), Meteoric Resources NL (ASX:MEI) has confirmed priority right of application over a large 10km x 8km gold anomaly identified by the Geological Survey of WA in the unexplored West Arunta region of the Gibson Desert.
Meteoric Resources NL (ASX:MEI) are pleased to announce that the Company has reached agreement with Indian Ocean Capital to place 6,618,182 fully paid shares with their client investors at an issue price of A$0.055 per fully paid share.
Meteoric Resources NL (ASX:MEI) has confirmed priority right of application over a large, 10km x 8km gold anomaly identified by the Geological Survey of WA (GSWA) in the West Arunta region of the Gibson Desert.
Meteoric Resources NL (ASX:MEI) Announce Quarterly Report To June 2008
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