FMS 0.00% 3.9¢ flinders mines limited

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  1. 227 Posts.

    "Infill drilling (500m x 100m) has commenced in the headwaters of Area D. The thicknesses of visually estimated mineralisation continue to exceed the Exploration Target estimate of 8.0m, with six of the 11 holes drilled intersecting greater than 20m.
    Assays were returned for a single drill hole in Area D. HRC202 intersected 24m of mineralisation from 12m depth, with an encouraging iron concentration of 60.3%, and alumina and silica levels both below 3%. This intersection gives confidence that zones of the mineralisation have high iron concentrations and levels of deleterious elements at low enough levels to allow for direct shipping, particularly given that this is only the second drill hole result returned from Area D."
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