Ann: Maiden Drill Program Completed at Mulligan, page-3

MAIDEN DRILL PROGRAM COMPLETED AT MULLIGAN

• 11 diamond drill holes completed at Mulligan Cobalt Project for a total of 970m
• Multiple holes intersected targeted fault structures and mineralised veins
• Tony Cormack travelling to site to co-ordinate Mulligan sampling/assaying of diamond core with assay results due in late September
• 3D Geological/structural model to be constructed
• Drilling programs planned for Burt, Lorrain and Joyce Cobalt Projects and airborne geophysics commencing at Iron Mask, Mulligan East and Beauchamp

Meteoric Resources NL (ASX: MEI; “Meteoric” or the “Company”), a Canadian cobalt focussed explorer, announces the completion of its maiden drill program at the Company’s 100% owned Mulligan Cobalt Project located in Ontario, Canada. 11 diamond drill holes were completed for a total 970m at Mulligan. All drilling was completed as orientated NQ core, with many of the holes intersecting the targeted fault and vein structures (see figures 1 & 3).

Meteoric’s cobalt expert Tony Cormack is now travelling to Mulligan to view the core and co-ordinate the sampling program with assay results due in late September. All the core drilled was orientated, thus allowing for a 3D geological/structural model to be developed, which will be used to guide followup drilling at the Mulligan. Figure 1: MUL-18-09 (49.3-50m): Series of veins (quartz, quartz + epidote + chlorite) mineralised with pyrite + cobaltite Meteoric Resources MD, Dr Andrew Tunks commented: “Meteoric’s maiden drilling program at Mulligan of 11 holes has now been safely completed.

Our drilling contractors G4 Forage were outstanding, and along with fantastic field support from Orix Geoscience, the program has been completed ahead of schedule. Tony is currently travelling to site to conduct logging of the core, conduct sampling and generate a 3D model for Mulligan and plan for follow-up drilling. WWW.METEORIC.COM.AU • ASX: MEI •ABN 64 107 985 651

“With results from the drilling eagerly awaited along with our extensive airborne program commencing across multiple projects and drilling planned for Burt, Lorrain and Joyce, we certainly have a lot ahead of us and have demonstrated that we have the right team in place to execute.”

Things are looking up for MEI IMO