Flinders Mines Limited (AU:RHK) has released an update.
Red Hawk Mining Limited has reported a significant upgrade to their Direct Shipping Ore (DSO) Mineral Resource Estimate for the Eagle deposit, with a new total of 71.1Mt at 57.4% Fe, boosting the overall Blacksmith Iron Ore Project’s resources to 243Mt at 59.3% Fe. The updated resource, which includes a high percentage in the Indicated category, is set to be integrated into the upcoming Definitive Feasibility Study, marking a substantial step forward in the project’s development.
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