EXPLORATION & DEVELOPMENT

Positive signs in FMG IOCG drilling

SHARES in Tasman Resources more than doubled this morning on news its partner Fortescue Metals Group had intersected hematite breccia in two holes at the Vulcan prospect in South Australia.

 Core from hole 18 at Vulcan

Core from hole 18 at Vulcan

The two-hole deep drilling program intersected substantial downhole widths of hematite breccia, which is often a host to iron oxide-copper-gold mineralisation. Hole 18 was drilled to 1675.2m depth and...

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