Each one in plain English, with the numbers worked through for a shareholder.
4 May 2015farm in farm out completion● NeutralMajor
Blaze says it earned a further 20% of the Barkly joint venture by spending $350,000, lifting it to 70%. It will now sole-fund spending until a bankable feasibility study to earn a final 10%, reaching 80%. Meteoric's share falls accordingly.
29 Apr 2015quarterly activities report● Neutral
March quarter report repeats the Webb results (51 kimberlites, now three diamond-zone clusters) and says Bluebird phase III is being planned. Bulletin farm-in documents are being finalised, with Parakeet drilling expected mid-year. A term sheet was signed to farm out Coorara iron ore.
29 Apr 2015capital raising announcement● NeutralMajor
Meteoric placed 14 million shares at $0.008 to raise $112,000, with a further 30 million shares at $0.008 ($240,000) subject to shareholder approval. Funds go to existing projects, new opportunities and working capital. CPS Capital manages the raising.
What it means for a shareholder
14.0m new shares at $0.008 to raise about $112,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
23 Apr 2015drilling result▲ GoodMajor
A third cluster of kimberlites with indicator minerals from the diamond stability field is confirmed in the north, in an E-W belt over 10km long. It overlaps the most coherent surface microdiamond anomaly, making it a priority for further sampling and drilling.
26 Mar 2015admin correction● Neutral
Replacement of the 26 March Webb update, with a corrected Appendix 1 on the 2014 drilling. Main text appears essentially unchanged (one lab location differs: Melbourne rather than Perth). No new results.
26 Mar 2015drilling result● NeutralMajor
Webb drilling now totals 51 kimberlites from 63 targets, under 20% of the field's targets. No microdiamonds were found in drill samples, but some indicator minerals point to deep, diamond-zone sources in two clusters. Copper sulphides noted at KJ171.
13 Mar 2015half year report● Neutral
Half-year loss to 31 December 2014 was $351,195 (prior year $383,699). The 2014 Webb programme drilled 48 holes (6,056m); 40 were kimberlite, giving 50 confirmed. GeoCrystal earned 70% of Meteoric's Webb interest, leaving Meteoric 30%. Cash is not visible in the text provided.
30 Jan 2015quarterly activities report▲ Good
December quarter report: Bluebird phase II complete, phase III drilling planned March/April 2015. A permit was obtained for Perseverance, 1.4km from Bluebird. Webb drilling confirmed 40 new kimberlites (50 total); Warrego North drilling expected mid-year. Issued capital unchanged; cash not visible.
9 Dec 2014drilling result▲ GoodMajor
Blaze's final Bluebird phase II results: BBDD0004 hit 16m at 3.02% copper from 139m, including 4m at 6.49%. Phase II is complete. Broken ground forced two holes to be abandoned, so the high-grade gold zone is not fully tested. Blaze says this enhances resource potential.
3 Nov 2014farm in farm out agreement▲ GoodMajor
Bulletin Resources announces a terms sheet to earn 70% of Meteoric's Warrego North project by spending $750,000 within two years, with Meteoric free-carried. Bulletin has no minimum spend and can walk away. This is the counterparty's version of the deal.
3 Nov 2014farm in farm out agreement▲ GoodMajor
Meteoric confirms the Warrego North farm-in with Bulletin Resources: Bulletin can earn 70% by spending $750,000 within two years, initially drilling the Parakeet copper-gold target. Drilling is expected within a month. Follows earlier talk of seeking a partner for Parakeet.
28 Oct 2014drilling result▲ GoodMajor
Blaze's Bluebird phase II RC results include BBRC0012: 31m at 2.48% copper from 116m, and BBRC0010: 11m at 0.98 g/t gold. A new footwall zone was identified, and five holes await diamond completion. Mineralisation remains open. Meteoric holds the underlying Barkly project.
28 Oct 2014drilling result▲ Good
Meteoric re-lodges Blaze's 28 October Bluebird release (BBRC0012: 31m at 2.48% copper), adding that directors are very encouraged. Duplicates the previous item; no new results.
24 Oct 2014quarterly activities report● Neutral
September quarter report restates the Webb microdiamond cluster (11 total) and completed 6,000m drilling (41 targets), Bluebird phase II progress, and the conditional Wilthorpe sale. Notes Warrego North joint venture talks. Issued capital unchanged; cash not visible in the text.
8 Oct 2014drilling progress report● Neutral
Meteoric relays Blaze's update: Bluebird phase II RC drilling is finished (8 holes, 1,354m) with 336 samples at the lab. Diamond drilling is progressing slowly after a three-week engine failure, with completion due late October. Blaze can still earn up to 80%.
6 Oct 2014drilling result▲ GoodMajor
Seven more microdiamonds found in 73 Webb loam samples, bringing the total to 11. Six form a cluster in the north, and the drill rig has moved there. 41 targets drilled so far (over 5,000m). The company says the significance is open to interpretation.
22 Sept 2014director officer appointment● NeutralMajor
Chair Michael Robson and director Peter Thomas (a founding director since the 2004 listing) resigned. Neville Bassett becomes Non-Executive Chairman. The board shrinks from five to three directors. Text gives no reason for Thomas's departure; Robson cites focus on his legal practice.
15 Sept 2014asset acquisition disposition▲ GoodMajor
Meteoric agreed a conditional sale of its 90% Wilthorpe interest to Resourceful Mining Group for $405,000. Payment is due only after tenement E52/2067 converts to a mining licence. Follows earlier talk of seeking a buyer for the project.
10 Sept 2014drilling spud▲ GoodMajor
Blaze has started follow-up drilling at Bluebird: up to 12 holes for 2,100m, half RC and half diamond. The aim is an initial JORC 2012 resource estimate. Continues the Bluebird thread after BBDD-2's high-grade gold.
8 Sept 2014joint venture update▲ Good
Blaze has identified at least nine high-priority Barkly targets with matching magnetic and gravity anomalies. Meteoric confirms Blaze has now earned 50% (over $250,000 spent) and can still earn up to 80%. Targets need more work before drilling.
19 Aug 2014annual report● Neutral
Annual report for year to 30 June 2014 restates the Webb discovery (10 kimberlites, 280 targets), Barkly farm-out to Blaze and the Warrego North target. Share capital unchanged at 113.25m fully paid. No new developments in the text provided; financial figures not visible.
1 Aug 2014drilling scheduled▲ Good
Heritage clearance of about 160 more Webb targets (plus 30 earlier) clears the way for 5,000-6,000m of RC drilling this month, testing up to 67 targets. Loam sample results due end of August may alter the plan.
28 July 2014quarterly activities report● Neutral
June quarter report restates Bluebird's gold-copper results (BBDD-2 20m at 8.17 g/t gold) and Webb's expansion to 280 targets, with RC drilling planned for August. Parakeet remodelling is noted. Largely repeats announced news; cash figure not visible in the text provided.
24 July 2014drilling result▲ GoodMajor
Blaze's Bluebird diamond hole BBDD-2 hit 20m at 8.17 g/t gold, 0.61% copper from 157m, including 1m at 62.3 g/t gold. It sits about 85m below the earlier BBRC-5 copper hit, with mineralisation open. Blaze can still earn up to 80% of Barkly.
23 July 2014admin correction● Neutral
Re-lodgement of the 16 July Webb release with the JORC Table 1 disclosures ASX required added. No new results. The cover letter says it is not the announcement behind the trading halt granted the day before.
16 July 2014drilling scheduled▲ Good
New high-resolution survey (11,800 line-km) lifts Webb kimberlite targets from 80 to 280. 142 infill loam samples are being processed, and 5,000-6,000m of RC drilling is expected from early August. GeoCrystal continues to sole-fund exploration.
17 June 2014drilling result▲ Good
Blaze's 17 June release, re-lodged by Meteoric: Bluebird hole BBRC-5 hit 25m at 1.9% copper and 0.3 g/t gold from 62m, including 2m at 16.5% copper. Diamond drilling is under way, results due in 2-3 weeks. Duplicates the 17 June summary; adds actual grades.
17 June 2014drilling result▲ GoodMajor
Meteoric relays Blaze's report that first-stage drilling at Barkly's Bluebird prospect gave exceptionally high-grade copper and gold, open in all directions; diamond drilling has started. Actual grades are not given here. Blaze's earn-in terms are unchanged.
14 May 2014drilling scheduled▲ Good
GeoCrystal began infill loam sampling at Webb and plans a 10,600 line-km aeromagnetic survey in June, with RC drilling from July. Meteoric's remodelling of Warrego North's Parakeet shows ironstone targets at 170-230m depth, untested by past drilling; it is assessing drill tests.
30 Apr 2014quarterly activities report● Neutral
March quarter: ten kimberlites confirmed from 16 Webb targets, with an 8,000 line-km aeromagnetic survey and 150 loam samples planned for May/June before 6,000m of RC drilling. Preparations are under way to drill Bluebird. No new cash figure in the text.
