Flinders Mines drilling moves Pilbara Iron Ore Project closer to Measured Resource

Flinders Mines is making strong progress with its drilling program at the Pilbara Iron Ore Project in Western Australia, with over 50 kilometres of drilling completed since the previous resource update.

The drilling during 2011 has been carried out on schedule and on budget and is due for completion in mid-July 2011.

Proactiveinvestors reports:

Highlights include 70 metres at 59.9% iron (Fe) (65.4% CaFe), 66 metres at 59.7% Fe (64.8% CaFe) and 60 metres at 60.6% Fe (65.8% CaFe).

With such high iron contents the corresponding combined silica and alumina levels of these intersections is around 6%. The majority of assays have now been received from drilling on the north arm of the Delta deposit.

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