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Flinders Mines Limited, Update Ajax Mineral Resource

Highlights
 
-  Upgraded Mineral Resource estimate for Ajax deposit
-  Total PIOP Iron Mineral Resource of 1,042 Mt
-  Resource Estimation phase for PIOP now completed
 
Pilbara Iron Ore Project (PIOP)
Tenement M47/1451 (Blacksmith)
Flinders Mines Limited (FMS) 100% 
 
Flinders Mines Limited (ASX:FMS) is pleased to announce an update to its Ajax deposit Mineral Resource at the Company’s wholly owned Pilbara Iron Ore Project “PIOP” in the Pilbara region of Western Australia.
 
Ajax Deposit
Infill drilling throughout 2014 at the Ajax deposit has included 57 RC holes at a nominal spacing of 100m by 125m for a total of 1,662m of drilling. This drilling was undertaken in an area that was considered more prospective for higher grade mineralisation based on previous results. This represents the first new drilling at the Ajax deposit since 2009.
 
 
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