Very interesting article both the Carapateena and Oak Dam West...

Very interesting article both the Carapateena and Oak Dam West discoveries are much further away from the Olympic Dam Mine than we are.

We have the right geology at the Lake Torrens tenement and there are a lot of other prospects not just Vulcan that need exploring, such as, the undrilled Zeus IOCG target which is about 90km2 in area and is highlighted by a number of moderate-strength gravity and magnetic anomalies which appear to occupy the area linking the Vulcan IOCG system to another large (but low grade and magnetite dominated) IOCG system at Titan. Available drilling data suggests that the basement in most of this area is probably shallower than at Vulcan; for example the depth to basement is generally about 600m at Titan.

A lot of drilling still needs to done to in its vast and strategic tenement holding (1,079 km2) adjoining BHP Billiton’s world class Olympic Dam deposit, can't see FMG walking away from this until it is fully explored.