
The 2,500 line-km (100m line spacing) aeromagnetic survey is designed to identify high grade hematite targets with potential for direct shipping ore (DSO) and large tonnage magnetite BIF. The aeromagnetic survey is scheduled to commence in the next week.
Coorara is situated in the southern part of the Yilgarn Iron Ore Province. Significantly, Mineral Resources Ltd (

In addition, Macarthur Minerals Ltd (

Following completion of the detailed aeromagnetic survey, Meteoric has commissioned a consulting geologist experienced in iron ore to carry out ground inspections to identify targets for sampling and drilling.
Meteoric is most encouraged by recent advances made by other companies in defining hematite resources in the Coorara district and plans to accelerate its exploration programme, initially for hematite, over the 40km project strike length.
For the complete Meteoric Resources announcement including figures, please view the following link:
http://www.abnnewswire.net/media/en/docs/63161-ASX-MEI-495289.pdf' target=_blank>http://www.abnnewswire.net/media/en/docs/63161-ASX-MEI-495289.pdf' target=_blank>http://www.abnnewswire.net/media/en/docs/63161-ASX-MEI-495289.pdf
About Meteoric Resources Nl
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.
Contact
Roger ThomsonManaging Director
Tel: +61-8-9485-2836
Mob: +61-419-969-183
George Sakalidis
Executive Director - Exploration
Tel: +61-8-9485-2836
Mob: +61-411-640-337
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