Flinders Diamonds Limited
Flinders Diamonds Limited (ASX: FDL) has recently executed an agreement with NTF Mineral Processing Pty Ltd (NTF) which allows for purchase of NTF's Plant 21 for heavy mineral bulk sampling. The plant will be used to determine the diamond contents of new kimberlites discovered in FDL's Flinders Ranges and Gawler Craton exploration programs.
Two agreements enable Flinders Diamonds (ASX: FDL) to commence a new vision for diamond exploration on the Gawler Craton.
Flinders Diamonds Limited (Flinders), in conjunction with Maximus Resources Limited (Maximus), have negotiated the purchase of the outstanding 25% equity they do not already own in the Lobethal EL 3215 for a consideration of 900,000 ordinary shares in Flinders and 1.8 million ordinary shares in Maximus. An 18.75% equity in the diamond rights was purchased from Indo Mines for 675,000 ordinary Flinders shares and a 6.25% equity in the diamond rights was purchased from Statelink Holdings for 225,000 ordinary Flinders Shares.
The potential presence of economic quantities of diamonds has become the subject of the first major bulk sampling program to be undertaken by listed Flinders Diamonds Limited in the mid north of South Australia.
A proposed new Australian uranium float has set a target of $15 million with an allowance to push the Initial Public Offering (IPO) out to $20 million through oversubscriptions.
FLINDERS DIAMONDS LIMITED (ASX: FDL) - New Diamond Pipe Discoveries - Mr Kevin Wills, MD & CEO; Boardroomradio is pleased to announce that FLINDERS DIAMONDS LIMITED (ASX: FDL) has published an audio f
A fully subscribed rights issue and placement has injected more than A$4.2 million into the exploration bank for ASX-listed Flinders Diamonds Limited (ASX: FDL).
Flinders Diamonds has identified what could be the largest occurrence of diamond hosting rocks found in South Australia's far north.
Flinders Diamonds (ASX: FDL) announce that microdiamond results have been received for four new kimberlite samples discovered in December 2005. One of these samples from the Calcutteroo Area, located about 25km east of Terowie, contained 3 microdiamonds of variable size. Two stones were yellow and one was white.
Flinders Diamonds (ASX: FDL) is seeking to expand its Australian diamond exploration program and shareholder base with a A$4.2 million capital raising announced today.