Murray Basin VIC
FCN 10% free carried, Iluka 90%
Falcon is 10%, free carried to final mining feasibility in the high grade Echo deposit located within Iluka's Douglas Project in the Murray Basin, Victoria. Drilling of the Echo deposit to date has established 38 million tonnes of ore at 10.7% (combined heavy minerals) for 4.1 million tonnes of heavy mineral concentrate.
It is expected that mining in the area by Iluka will progress towards the Echo deposit over time.
This Project was updated May 2006
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