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ASX ANNOUNCEMENT 29 OCTOBER 2021 Quarterly Report - September 2021 MR METEORIC RESOURCES Meteoric Resources NL ( ASX : MEI ) ( " Meteoric " or " the Company " ) provides shareholders with its Quarterly Report for the three - month period ending 30 September 2021 . Highlights from the quarter include : Western Australia - Palm Springs Gold Project 2021 Exploration Drilling Program at Butchers Creek completed 10 holes for 3,240m of diamond with RC precollars Visible gold observed at three intervals in BCRD484 with a 79m intersection of gold - hosting syenite Results from drilling demonstrate anticlinal hinge zone intersections , confirming large , robust intervals including : BCRD483-57m @ 1.6g / t Au from 223m including 18m @ 3.1g / t Au from 234m BCRD484-32m @ 1.4g / t Au from 266m including 4m @ 6.0g / t Au from 266m BCRD4861-29m @ 2.0g / t Au from 286m including 2m @ 5.9g / t Au from 291m & including - 2m @ 8.8g / t Au from 312m BCRD482 - 9m @ 1.4g / t Au from 311m Results further enhance Meteoric's progress at Palm Springs and provide confidence to move ahead with a Scoping Study considering open pit and underground development scenarios Regional exploration activities such as mapping , rock - chip sampling , aerial and ground surveys receive Heritage clearance from Kimberley Land Council and Traditional Owners Brazil - Juruena Drilling of diamond holes testing the deep IP chargeability anomaly at Juruena was completed during the quarter with 3 holes for 2,400m Results were finalised subsequent to the quarter and the Company confirmed the intersection of significant thickness of anomalous copper reported in hole JUDD043 in excess of 600m at greater than 200 ppm copper2 Observed porphyritic intrusives , veining and alteration indicate presence of a magmatic hydrothermal ( porphyry ) mineralised system Scoping Study for the development of Juruena Gold deposits has commenced and Mining licence applications underway 1 Holes BCRD486 and 483 released subsequent to quarter ( ASX : MEI 26/10/2021 ) 2 ASX : MEI 25/10/2021 R Meteoric Resources ABN 64 107 985 651 Level 1 , 33 Ord Street West Perth WA 6005 www.meteoric.com.au → ASX_MEI in www.linkedin.com/company/meteoric-resources/