FDL flinders diamonds limited

8 meters of exposed iron and 20km drilling, page-21

  1. Ya
    6,809 Posts.
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    Fatz

    Good summary of the qtrly update.

    Mate think u r confused over the 20km of drilling. What this actually means is, for the 5 areas they have within their acreage, they intend to drill 250 holes giving a total of 20000 metres. This equates to each hole drilled either vertically or inclined to apprx 80m depth. 80m is a good depth since they have a lot of weathered material in the top 5m or more (varies in the area).

    What i'd b looking fwd to, is the availability of drill rigs. they'd need atleast 2 operating in tandem if not more, are tehy gonna lease them buy them or get them from their neighbours, time will tell, look fwd to mid May for an update on this.

    cheers
 
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