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HIGHLIGHTS
In a media release dated 7 February 2008, Rio Tinto announced the discovery of a new inferred iron ore resource • of 875 million tonnes at Caliwingina North, less than 10 km to the north of Flinders Diamonds Limited’s (Flinders) E47/882 Hamersley project.
Flinders Diamonds Hamersley Iron project 882 is located between two major new CID iron ore discoveries (Figure 1) • and is regarded by Flinders as highly prospective



NEW IRON ORE RESOURCE DISCOVERED CLOSE TO FLINDERS DIAMONDS HAMERSLEY PROJECT
20 February 2008
The Manager
Companies Announcements Office
Australian Securities Exchange
20 Bridge Street SYDNEY NSW 2000
The Caliwingina Iron ore Discovery
In a media release dated 7 February 2008, Rio Tinto announced that it had strengthened its leading position in the Pilbara with a 3.0 billion tonne addition to its resource base. Of relevance to Flinders is the location of Rio’s new Caliwingina North CID inferred resource of 875 million tonnes which commences only about eight kilometres north of the boundary of Flinders E47/882. Location is shown on
��HamersleyFigure 1, which also shows the location of FMG’s recent CID (Channel Iron Deposits) discoveries at Serenity and Solomon which together total 1.7 billion tonnes.
Flinders E47/882 project, which was announced on 22 November 2007 to contain an iron ore target of between 325 and 390 million tonnes, is clearly located between two major channel iron ore deposits and is therefore regarded by Flinders as highly prospective