Flinders Mines Limited (AU:RHK) has released an update.
Red Hawk Mining Limited has significantly advanced its Blacksmith Iron Ore Project with an updated Mineral Resource Estimate for the Delta deposit, with 77% now classified in the highest confidence ‘Measured’ category. This update, derived from a recent drilling program, underpins the first 13 years of the company’s mining plan, boosting the predictability of both the quantity and quality of the ore. Additionally, the company hints at further growth potential with an upcoming maiden resource announcement for the Eagle deposit expected in July 2024.
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