Meteoric Resources Commences 2020 Drilling Program at Juruena

THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) announced the commencement of drilling at the company’s 100 per cent-owned Juruena gold project located within the Alta Floresta Belt in Brazil.

Meteoric Resources indicated its 2020 drilling campaign will focus on high‐grade targets, initially hitting the Dona Maria gold prospect where its 2019 drilling program confirmed continuity of two high‐ grade shoots (north and south) that remain open at depth beneath the existing resource.

“We are thrilled to be back on the ground at Juruena and the team is champing at the bit to see what the 2020 program has in store for us,” Meteoric Resources managing director Dr Andrew Tunks said in the company’s announcement to the Australian Securities Exchange.

“Following mobilisation to site last week, drilling kicked‐off on Monday 8th June with the first hole targeting bonanza epithermal gold grades within the Dona Maria prospect.

“Our aim is to start the program targeting the high‐grade gold Dona Maria prospect following the last campaign which confirmed the existing resource remains open at depth.

“Work will initially commence at the southern high‐grade gold shoot intercepted in holes JUDD001, 008, 009 and 022.

“This drilling program is designed to improve the estimation confidence and to further grow the resource.

“From Dona Maria it is our aim to move to the Crentes prospect to follow up an exciting, thick, gold‐copper intercept in JUDD0010 that demonstrates the significant porphyry potential of the Juruena project.

“We are excited to be following up some spectacular grades at Juruena from the 2019 program and we look forward to keeping shareholders up to date as we progress.”