Dr. Andrew Tunks – Managing Director
Dr Tunks is a member of the Australian Institute of Geoscientist holding a B.Sc. (Hons.) from Monash and a Ph.D from the University of Tasmania. Dr Tunks has held numerous senior executive positions in a range of small to large resource companies including Auroch Minerals, A-Cap Resources, IMAGOLD Corporation and Abosso Goldfields
What is your rationale for attending 121 Mining Investment?
Meteoric aims to promote its current focussed primary cobalt exploration plan targeting drilling within 2018.
The company will be completing geochemical and geophysical programs targeting the Mulligan/Mulligan East, Iron Mask and Burt projects within H1 2018. These programs will assist in the identification of drill ready targets for the upcoming 2018 drilling campaigns targeting the Iron Mask and Mulligan projects What recent news would you like to highlight to investors attending?
Meteoric has recently acquired numerous high grade primary cobalt projects in Ontario, Canada. Along with contemporary exploration these projects include historical high grade primary cobalt production as well as bulk sampling studies.
To compliment the acquisition of these highly prospective projects the company has appointed a leading technical team including cobalt expert Tony Cormack who has direct experience in the region.
The company has also recently announced its cobalt exploration strategy with an aim to start drilling mid 2018 What are your key goals for the next 3, 6 and 12 months?
3 Months:
Geophysical/Geochemical surveys of primary cobalt targets including the generation of drill ready targets. Review of additional project opportunities
6 Months:
Commencement of drill program targeting Iron Mask mineralisation. Completion of geochemical/geophysical investigation of Mulligan East and Burt Projects
12 Months:
Finalisation of drilling at Mulligan and Iron Mask projects generation of drill ready targets What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
As with any exploration company there is an inherent exploration risk, however the company has mitigated this through the acquisition of a suite of highly prospective project areas which the company believes provide a fantastic base for exploration. In a sentence, what do you think makes your company such a compelling investment?
Meteoric is an excellent investment due to having secured a foothold in the prolific historical cobalt producing region surrounding Cobalt, Ontario.
The company has built an experienced team of technical personnel including an expert in the cobalt field, Tony Cormack, to complete a fully funded exploration program with near term drilling
MEI Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
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