ASX Release ASX Codes: MEI and MEICA

16 April 2014

WEBB DIAMOND JOINT VENTURE

Ground Floor

22 Delhi Street

West Perth WA 6005

PO Box 963

West Perth WA 6872

Telephone: 08 9485 2836

Facsimile: 08 9321 6571 www.meteoric.com.au

ABN 64 107 985 651


The Directors of Meteoric Resources NL are pleased to announce that the company has received written confirmation from GeoCrystal Limited ("GeoCrystal") of their election to sole fund the second earn-in phase of the Webb Diamond Joint Venture.
The second earn-in phase requires GeoCrystal to expend a total of $1.5 million on exploration over the Webb Diamond Project to earn an additional 19% of Meteoric's interest, after which, Meteoric's interest in the Webb Joint Venture will be reduced to 30% of the Webb diamond JV tenements and 24% of the Mt Webb JV tenement.
The next round of exploration will consist of two phases:

Phase 1: Detailed aeromagnetic survey over the parts of the project not already covered and the collection of an additional 150 loam heavy mineral samples; Phase 2: Up to 6,000 meters of Reverse Circulation drilling of up to 50 prioritised targets.

For additional information, please refer to the ASX announcement lodged by Chalice Gold
Mines Ltd (ASX Code: CHN) on 14 April 2014.
For more information on the company visit www.meteoric.com.au
Please direct enquiries to:
Graeme Clatworthy George Sakalidis Executive Director Non-executive Director Phone +61 8 9485 2836 Phone +61 8 9485 2836
Mob 0418 902 341 Mob 0411 640 337

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