Seeking Alpha

Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Meteoric Resources Finds More Copper/Gold In Tennant Creek 0 comments
    Dec 5, 2012 8:37 PM

    Meteoric Resources (ASX:MEI) has found more Tennant Creek style copper/gold mineralisation from intervals from drilling at Bluebird in the Northern Territory.

    Proving that two swallows do make a summer.

    The results from mineralised ironstone in BBRC-2 returned a grade of 4 metres at 4.7% copper and 0.38g/t gold from 115 metres including 1 metre at 16.2% copper and 1.19g/t gold from 116 metres.

    This follows an earlier intersection in November of: 8 metres at 2.20% copper and 0.26g/t gold from 112 metres in drill hole BBRC-2 below a previous RAB intersection of 8 metres at 1.0% copper and 0.29g/t gold.

    The check analyses confirm the previously announced high grade intersection based on 4 metres composite samples.

    The drill hole formed part of a 3-hole, 392 metre reverse circulation drilling programme to test an EM conductor target and to test below two previous anomalous RAB intersections on the Bluebird gravity ridge.

    Meteoric Resources' executive director George Sakalidis said he was " greatly encouraged by the confirmation of high-grade Tennant Creek style copper-gold mineralisation associated with a 1.6km-long gravity ridge interpreted to reflect widespread hematite ironstone alteration."

    The mineralisation remains open at depth.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.