Flinders Mines Limited announced that Pilbara Iron Ore Project (PIOP) Scoping Study Results. Highlights: The Scoping Study identifies a viable and significant open cut mining opportunity at the Pilbara Iron Ore Project (PIOP). The Scoping Study assessed the mining potential using the PIOP Measured, Indicated and Inferred Mineral Resources of 1,484 Mt announced to the market on 1 March 2018. The Scoping Study is based on the data acquired and developed during the Maturation Programme undertaken in 2017 and 2018, including updated metallurgical, hydrogeological and geotechnical assessments. An Exploration Results update reported in accordance with the JORC Code accompanies this Scoping Study announcement to clarify the reasonable basis for the technical studies underpinning the mining modifying factors employed in the Scoping Study. The proposed Transaction with BBI Group Ltd. (BBIG) as announced on 28 November 2019 provides the reasonable basis for a number of required Modifying Factors, including providing the infrastructure pathway to export the PIOP product in this Scoping Study. The Scoping Study includes consideration of an indicative Production Target of approximately 615 Mt(dry) /675 Mt(wet) over the Life of Mine (LoM) at PIOP and is based on an assumed LoM grade of greater than 60% Fe.