Annual report for EL 24363 for the period 13 October 2012 to 12 October 2013 Warrego

Abstract

EL 24363 is part of the Warrego project of Meteoric Resources NL, which comprises EL 24363, EL24255 and EL 23764 targeting Tennant Creek-style Cu and Au ore bodies. EL 24363 comprises 14 blocks covering an area of 34.9 km2 and is located near Tennant Creek in the Northern Territory. Interpretation of previously acquired aeromagnetic data acquired by joint venture partner Sipa identified a number of magnetic anomalies that warrant further exploration. A review of historical data led to 50 percent of the tenement being surrendered in order to focus on aeromagnetic anomalies in the south. Meteoric Resources is seeking an incoming party to participate in the exploration and possible development of these potentially high value targets.