FDL flinders diamonds limited

drilling next door adjacent to area e

  1. 1,274 Posts.
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    Interesting to see what FMG are doing next door to FDL...

    Kev likes to compare FDL's E47/882 to the Solomon project and FDL's John Ceplecha has been working with FMG's Stuart Robinson in examining drill holes.

    Source FMG report released yesterday.

    Solomon Project Area:

    The main Exploration focus continues to be on the Solomon area with
    6 RC drilling rigs and 2 diamond drilling rigs working on the site at the
    end of the quarter. Infill drilling to a 200 metres “m” x 50m grid has
    been completed at the Valley of the Kings section of the CID deposit.
    It is expected that this spacing will be sufficient to support an
    estimation of Indicated Resources. This will be confirmed when all
    assays are available and appropriate geo-statistics completed. Most
    of the rigs are now working on infilling the Valley of the Queens CID to
    a similar spacing. This infill is anticipated to be completed during the
    June quarter.
    Fortescue Metals Group Ltd
    A.C.N. 002 594 872
    3
    Baosteel JV
    remains on
    target for
    magnetite
    exploration
    During the quarter the Brockman Formation-hosted mineralisation at
    the Firetail prospect was drilled out on a 400m x 100m grid. It is
    expected that this will support an estimate of Inferred Resources which
    is expected to be completed and announced during the current
    quarter. Infill to a 200m x 100m spacing is planned for this quarter.
    As the infill programs draw to a close the rigs will be re-allocated to
    testing of other targets in the Solomon area and subsequently some
    rigs will move to targets further afield. Several targets for CID, DID
    and BID have been identified and are ready to be tested.
 
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