Flinders hits new bedded iron at Blackjack

THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has encountered new high-grade and near surface bedded iron (BID) mineralisation at the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia.

Infill and near resource extensional drilling was carried out at the PIOP’s Blackjack deposit and assays have been received for a further 80, which Flinders said had highlighted intersections of high-grade BID mineralisation with considerably low levels of silica and alumina.

Highlights include:

HPRC1579
24m of 57.3 per cent iron, 4.0 per cent silicon dioxide, 3.7 per cent aluminium oxide, 0.10 per cent phosphorous and 9.7 per cent loss of ignition;

HPRC1580
18m of 58.4 per cent iron, 4.2 per cent silicon dioxide, 3.6 per cent aluminium oxide, 0.07 per cent phosphorous and 7.9 per cent loss of ignition;

HPRC1598
40m of 60.0 per cent iron, 2.5 per cent silicon dioxide, 1.7 per cent aluminium oxide, 0.11 per cent phosphorous and 9.3 per cent loss of ignition;

HPRC1602
16m of 58.4 per cent iron, 2.8 per cent silicon dioxide, 1.7 per cent aluminium oxide, 0.10 per cent phosphorous and 11.2 per cent loss of ignition;

HPRC1604
30m of 58.9 per cent iron, 2.3 per cent silicon dioxide, 2.3 per cent aluminium oxide, 0.15 per cent phosphorous and 10.4 per cent loss of ignition;

HPRC1605
16m of 55.2 per cent iron, 5.3 per cent silicon dioxide, 4.3 per cent aluminium oxide, 0.09 per cent phosphorous and 10.6 per cent loss of ignition; and

HPRC1610
30m of 58.8 per cent iron, 2.9 per cent silicon dioxide, 2.9 per cent aluminium oxide, 0.11 per cent phosphorous and 9.3 per cent loss of ignition.

Flinders explained all the above intersections were encountered outside of the current Inferred Resource boundary and outside existing pit designs defined during the project’s Pre-Feasibility Study.

 

Location of the Blackjack deposit within the broader Pilbara Iron Ore Project (PIOP). Source: Company announcement

 

“This mineralisation remains open to the south-east and west and is adjacent to targets previously identified for BID mineralisation in the hills surrounding the Blackjack deposit, providing support for the company’s exploration targets to the south of the Blackjack resource,” Flinders Mines said in its ASX announcement.

“Once infill drilling across the project has been completed a specialised track mounted RC drill rig will be utilised to undertake drilling in the hills over the next two months to test for further high-grade mineralisation adjoining the Blackjack Resource and other targets within the PIOP.”

Email: info@flindersmines.com

Website: www.flindersmines.com