Meteoric Resources NL (AU:MEI) has released an update.
Meteoric Resources NL has announced exceptional drilling results at its Caldeira Rare Earth Ionic Clay Project in Brazil, with grades reaching up to 8,000ppm TREO. The extensive drilling program covers a significant area, supporting the potential for long-term, low-cost mining operations and promising future project expansion. These findings enhance the economic prospects of the project, positioning it as a key supplier of rare earth materials.
For further insights into AU:MEI stock, check out TipRanks’ Stock Analysis page.