Aug 30 (Reuters) - Fortescue Metals Group Ltd FMG.AX :
* SOUTH AUSTRALIAN MINISTERIAL APPROVAL RECEIVED FOR FARM-IN AND JV AGREEMENT BETWEEN TASMAN RESOURCES AND FMG RESOURCES PTY LTD
* FORTESCUE MAY EARN 51% INTEREST BY SOLE FUNDING A$4 MILLION ON EXPLORATION EXPENDITURE WITHIN A 3 YEAR PERIOD
* POST EARNING 51% STAKE FORTESCUE MAY INCREASE STAKE TO 80% BY SOLE FUNDING FURTHER A$7 MILLION ON EXPLORATION EXPENDITURE WITHIN 5 YEAR