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Meteoric Resources awaits results from Tennant Creek Mineral Field

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Meteoric Resources (ASX:MEI) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Meteoric requested the halt pending the release of an announcement regarding drilling results from its joint ventured Barkly Project with Blaze International (ASX:BLZ).

Blaze is earning an 80% interest in the Barkly Project, which is located in the Tennant Creek Mineral Field (TCMF) of the Northern Territory.

Adding to the prospectivity of the area, high grades historically produced include Peko (3.6 million tonnes 3.5g/t gold and 4% copper) and Nobles Nob (2 million tonnes at 17g/t gold, 1.1Moz).

Both of these are located within 20 kilometres of the Barkly Project.

The halt will remain in place until the opening of trade on Thursday 24th July 2014, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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ASX:MEI
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