Iron Ore Projects in Australia

November 2007 Flinders announced the discovery of a major iron ore target at the Flinders' 100% owned tenement E47/882 in the Hamersley Ranges of Western Australia. Since this time Flinders has raised $11.8M to follow up on this discovery, established a Flinders Iron exploration group, and obtained necessary exploration approvals and clearances to commence drilling. Drilling Channel Iron Deposit (CID) targets in E47/882 commenced in July 2008.