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Wilthorpe

 

 

   

 

Wilthorpe

 

Situated 25km south of the 1Mtpa mothballed Fortnum gold plant in the Peak Hill gold field, Meteoric has outlined a 2.4km x 500m bedrock gold anomaly at Wilthorpe, overlying an extensive sheeted vein and stringer system. Systematic RAB drilling of this large anomaly has so far identified two zones with resource potential at Harrods Central and Harrods South. Drilling of these two zones has identified resources totalling 61,600ozs of gold.

 

Zone

Indicated Resource

Inferred Resource

Total

Tonnes

Grade

g/t

ozs

Tonnes

Grade g/t

ozs

Tonnes

Grade g/t

ozs

Harrods Central

452,000

1.50

21,800

260,000

1.53

12,800

712,000

1.51

34,600

Harrods South

1.         

2.         

3.         

545,000

1.55

27,000

545,000

1.55

27,000

Total

452,000

1.50

21,800

805,000

1.54

39,800

1,257,000

1.52

61,600

Inverse distance squared method 0.8g/t cut-off.  High values cut to 20g/t at Harrods Central, 15g/t at Harrods South.

 

The information that relates to mineral resources is based on information compiled by Lynn Widenbar BSc, MSc, DIC, MAusIMM, employed by Widenbar  & Associates who are consultants to Meteoric Resources NL. Lynn Widenbar has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the ’Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves.’ Lynn Widenbar consents to the inclusion of this information in the form and context in which it appears in this summary.

 

Meteoric has entered into an agreement for the sale of its 90% interest. The sale is conditional upon the grant of a mining lease over the resources.

 

 

 

 

Page updated 11 March 2015