Interesting to see what FMG are doing next door to FDL...Kev...

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.