Meteoric Resources (ASX: MEI) managing director Andrew Tunks joins Small Caps to discuss the latest drill results from the explorer’s Juruena project in Brazil.
Meteoric uncovered a 20.6m intersection grading 94.9g/t gold from its flagship Juruena project in the country’s Alta Vista Belt.
The high-grade intersection comprised a 3.65m interval grading 508.4g/t gold. Dr Tunks said although he anticipated “something special” from the first holes at Juruena, today’s results had “exceeded” even his expectations.
Previous exploration at Juruena has firmed up global resources of 1.3Mt at 6.3g/t gold for 261,000oz and Meteoric currently has assays pending from a further six holes at the project.