• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Australia Market
    Australia News
    Australia Stocks
    • Australia Market
    • Australia News
    • Australia Stocks
    gold investing

    Short Delay for Initial Novo Astro Assays

    Priscila Barrera
    Nov. 28, 2019 03:10PM PST
    Australia Investing

    Meteoric Resources previously advised the market that first results from its Novo Astro project were expected in late November.

    Meteoric Resources (ASX:MEI) previously advised the market that first results from its Novo Astro project were expected in late November. As a result of delays at the ALS Sample Preparation facility in Goiania (Goias State Brazil), occasioned by a larger than expected volume of sample throughput, the initial Novo Astro results are now not expected to be received by Meteoric until mid-December.

    As quoted in the press release:

    “The delay at the laboratory, which does happen at times, is disappointing as we are just as keen as our shareholders to see what the first ever drill results from Novo Astro delivers. As a result, we will be undertaking a complete review of our procedures and service providers around sampling and assays over the coming months. This review will include the costing of a sample preparation facility onsite, which would result in a significant reduction in transport times and costs and allow us to potentially use airfreight.

    “The drilling at Novo Astra is continuing at pace with two rigs turning. Eight holes are now complete with holes NADD009 (Mateus) and NADD010 (Graça) underway. At this stage, we are now 1,500m into the planned 2,500m program, with all holes being drilled past target depth due to the presence of significant alteration noted in the holes.

    “Over at Juruena, hole JUDD022 is targeting the depth extension of Dona Maria 70m below the existing Mineral Resource Model and is now in alteration at target depth. The rig will then move south to complete a final hole at Tomate, which will bring the Juruena program to a close for 2019.”

    Click here for the full text release

    gold investingasx:mei
    The Conversation (0)

    Go Deeper

    AI Powered

    Solis Announces Acquisition of Highly Prospective Cucho Copper Project, Peru

    Astral Resources (ASX:AAR)

    Astral Resources

    Latest News

    Queensland Uranium and Rare Earth Acquisition Completed

    Despatch of SPP Offer Documents

    Collie land acquisition & approvals move ahead

    Drilling Commences at Lo Herma ISR Uranium Project

    Significant Mineralisation Confirmed in Sweden

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Australia Investing Stocks

    Rua Gold

    RUA:CC

    Pinnacle Silver and Gold

    PINN:CC

    JZR Gold

    JZR:CA

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC

    Mount Hope Mining

    MHM:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES