Ferraus Limited

Ferraus Limited (ASX: FRS) - Resource Upgrade at Iron Ore Project - Mr David Turvey, MD; Boardroomradio is pleased to announce that Ferraus Limited (ASX: FRS) has published an audio file.

FerrAus Limited (ASX: FRS) is pleased to announce a share placement of 6,275,000 fully paid ordinary shares at 41.5 cents per share to raise A$2,604,125 before expenses.

High grades of iron ore of up to 61.8% iron have been announced by FerrAus Limited (ASX: FRS) from its latest resource definition drilling of the Company's Robertson Range project in the Pilbara region of Western Australia.

FerrAus Limited (ASX: FRS) will commence its first iron ore exploration drilling on its wholly-owned Davidson Creek tenement E52/1658 in the Pilbara region of W.A. on two prospects.

FerrAus Limited is pleased to advise of further developments on its 100% owned Silver Swan North nickel tenements in Western Australia as advised by Mithril Resources Limited (ASX: MTH) ("Mithril") as farminee to FerrAus over that project.