Yes filcorp I agree. Blackjack and Champion look a little more interesting than Ajax. Access to these two deposits from the Caliwingina Resource is nothing more than a Komatsu away. Access to Ajax would not be as straight forward. IMO,at this point in time, any further drilling of Ajax is a waste of time.
The most attractive deposit is Delta. Not part of the same channel system but has the DSO.
Using the Haversine formula I have calculated that the north east boundary corner of Delta to be only 15.85km's from the Rio railway. Not the 19-20km's that is being referenced. Access to the railway looks to have no major issues.
In my opinion FMS's relationship to RIO is no different than what UMC's relationship was to BHP.
FMS's E47/882 has the added bonus of having API not that far away and FMG as a neighbour. FMS's Blacksmith tenement is alot more attractive than UMC's (sold for a song) Railway deposit.
I know UMC had very high grades but FMS has many more tonnes.
Yes filcorp I agree. Blackjack and Champion look a little more...
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