Flinders engages Gbm Engineering to refurbish and commission the Woxna graphite process plant in Sweden

VANCOUVER, Nov. 16, 2012 /CNW/ - Flinders Resources Limited ("Flinders") (TSXV: FDR). Mr. Martin McFarlane, President & CEO, is pleased to announce that GBM Mineral Engineering Consultants Limited ("GBM") has been deployed at Flinders' 100% owned Woxna flake graphite project in central Sweden to assist with refurbishing and commissioning of the process plant.

Mr McFarlane states: "GBM are a highly experienced European engineering consulting firm and Flinders is pleased to have engaged them to support the Flinders team at the Woxna graphite project to refurbish and subsequently commission full graphite processing operations at Woxna."

"Flinders goal is to begin graphite mining and processing from Woxna in the second half of 2013. In line with this aim, GBM have already dispatched an engineering team to site."

GBM, formed in 1994, is a UK based independent firm of consulting engineers specialising in assisting clients with the development, design and construction of new mining projects and the refurbishment of existing ore processing plants and associated infrastructure. The Company's expertise is in the design, engineering, project management, procurement and construction of such plants. GBM personnel are currently providing technical services to the mining industry in Europe, Africa, Greenland, Russia and the CIS, Central Asia, the Americas and the Middle East.

The main activities that GBM will undertake and support at the Woxna graphite project include finalising the graphite process flow sheet, assessment and maintenance of existing plant and equipment, new equipment specification for purchase and detailed engineering as required. To support these tasks GBM have provided a team with mechanical and electrical engineering, metallurgy as well as maintenance skills. Other skills will be contracted in as required.

On behalf of the Board

"Martin McFarlane"
Martin McFarlane, President and CEO

Certain information set out in this news release may constitute forward-looking information. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

SOURCE Flinders Resources Limited