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How did Meteoric discover its rare earth project?
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0:00lesson
Gold Project in Brazil — Exploration and Sale
- 30+ years geology experience focused on gold
- Acquired Brazilian gold project 2017-2018
- Found 500k oz deposit too small for ASX
- Sold to PE for $20M vs $1M purchase
- Meteoric market cap ~$7M at time
1:51Caldera· ticker
Rare Earth Project Caldera — Weathered Rock Analysis
- Not a rock project but weathered clay zone
- Oxygen/water converts rock to clay
- Primary rare earth deposits in weathered zones
- Technical understanding developed gradually
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