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Meteoric Resources Confirms Stability of Mineral Resource Estimates

Story Highlights
  • Meteoric Resources confirms stable mineral resource estimates across key prospects.
  • The company’s strong positioning in the REE market is reinforced by high-grade deposits.
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Meteoric Resources Confirms Stability of Mineral Resource Estimates

Meteoric Resources NL ( (AU:MEI) ) has provided an announcement.

Meteoric Resources NL has announced the confirmation of mineral resource estimates for several of its prospects, including Cupim Vermelho Norte, Dona Maria, Soberbo, Capão del Mel, and Figueira. The company states that there have been no material changes to the assumptions and technical parameters underpinning these estimates, reinforcing the stability of its resource base. This announcement is crucial for stakeholders as it underscores the company’s strong positioning in the rare earth elements market, particularly with its high-grade ionic adsorption clay REE deposits.

More about Meteoric Resources NL

Meteoric Resources NL is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary products include rare earth elements (REE), with a significant emphasis on ionic adsorption clay deposits.

Average Trading Volume: 4,793,643

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$184.2M

See more data about MEI stock on TipRanks’ Stock Analysis page.

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