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Meteoric Resources Boosts Caldeira Project Value with New High-Grade Discoveries
9:19am on Friday 31st of January, 2025 AEDT
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Mining
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Meteoric Resources Boosts Caldeira Project Value with New High-Grade Discoveries
9:19am on Friday 31st of January, 2025 AEDT
Key Points
Updated Scoping Study increases pre-tax NPV by 14% to US$1.4 billion
Pre-tax IRR rises to 40.4% with a payback period of 2.2 years
Exceptional high-grade drilling results at Barra do Pacu with grades up to 8,000ppm TREO
Cash balance of A$29.1 million supports ongoing project development
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