FDL flinders diamonds limited

While we wait for the iron ore sampling and exploration to bring...

  1. 3,267 Posts.
    While we wait for the iron ore sampling and exploration to bring us news there are many joint ventures Flinders has which should not be forgotten. Flinders has significant tenements across Australia that individually have numerous opportunities that are likely to bring notoriety and value to flinders shareholders. One such jv is the interest we have in Copper Range, 1 million shares for their copper exploration on our tenements in South Aust'.

    Some excellent news just out today....
    some extracts below....have a look at the extensive tenements in figure 1 of the announcement.

    CRJ 2008/ 009 – SIGNIFICANT COPPER, COBALT AND GOLD ASSAY RESULTS FROM THE
    ADELAIDE FOLD BELT
    HIGHLIGHTS
    Wheal Sarah Prospect
    • Significant copper results were obtained from reconnaissance sampling in the former Wheal
    Sarah Mine area within the Washpool tenement. Grab samples assayed up to 28% Cu, with
    an average value over six samples of 7.65% Cu.

    Adelaide Fold Belt
    Copper Range Limited (CRJ) has a significant tenement position totalling 12,187km2 in South
    Australia's Adelaide Fold Belt (AFB), both in its own right and in a joint venture (JV) with
    Flinders Diamonds Limited (FDL) and Maximus Resources Limited (MXR) (Figure 1). Under the
    JV, CRJ has the right to earn up to a 90% ownership interest in base metal and gold discoveries.
 
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