Carpentaria Resources Ltd (ASX:CAP) is focussed on delivering the best quality iron concentrates into the growing premium end of the iron ore market.
The Company aims to build a long term, low cost premium quality iron ore business from the development of its flagship asset, the Hawsons Iron Project, utilising existing infrastructure.
Carpentaria Exploration Limited (ASX:CAP) is pleased to announce successful initial second phase drilling at the Redan Perilya JV with Perilya Broken Hill Ltd (ASX:PEM), has been successful in confirming additional magnetite ironstone has been intersected.
Carpentaria Exploration Limited (ASX:CAP) announced today the receipt of an additional A$4 million from Bonython Metals Group Pty Ltd (BMG) as part of the total A$81m transaction with Bonython for the Hawsons Iron Project in Broken Hill, New South Wales.
Carpentaria Exploration Limited (ASX:CAP) is pleased to confirm receipt of a second cash payment of a further A$1.0m as part of a staged payment over the next 2 months totaling A$13.0m. A total of A$5.0m is a cash injection to Carpentaria and A$8.0m is for exploration and resource drilling as part of the A$81.0m deal secured as announced to the ASX on 23rd April 2010.
Carpentaria Exploration Limited (ASX:CAP) Quarterly Activities Report for Period Ending 31 March 2010
Carpentaria Exploration Limited (ASX:CAP) announced today an agreement with privately owned BMG to farm-in on Carpentaria's 100% owned Burta EL7208 and Little Peak ELA3848 tenements at its Hawsons Iron Project in NSW. This deal has the potential to transform Carpentaria from a minerals explorer to mining house.
ABN Newswire stocks to watch today include: Atlas Iron Limited (ASX:AGO), Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Carpentaria Exploration Limited (ASX:CAP), Brickworks Limited (ASX:BKW), iSOFT Group Limited (ASX:ISF), Iron Road Limited (ASX:IRD), and Havilah Resources NL (ASX:HAV).
Carpentaria Exploration Limited (ASX:CAP) today announced an updated agreement with privately owned The Chairmen 1 Pty Ltd over its Hughenden Coal Project in Queensland's Galilee Basin, finalising the previously announced Term Sheet (ASX announcement 22nd Sept 2009). This agreement expands Carpentaria's Galilee Basin coal tenement exposure with the injection of tenements by The Chairmen 1.
Australian shares ended lower on Thursday after a weaker-than-expected ABS retail sales data and Myer's disappointing result for first half FY2010. The benchmark S&P/ASX200 index closed 26.3 points, or 0.57 per cent lower, at 4621.6, while the broader All Ordinaries index gave up 29.1 points, or 0.62 per cent, to 4644.1.
As a result of recent exploration successes at its Hawsons Iron Project and Euriowie Tin Project, Carpentaria Exploration Limited (ASX:CAP) is refocusing its exploration activities on these key projects in 2010. Accordingly, the Company announces that it has accepted an offer from BMG to farm-in on Carpentaria's 100%-owned South Dam Iron Project in South Australia.
Carpentaria Exploration Limited (ASX:CAP) is pleased to provide Quarterly Activities Report for the period ended 31 December 2009.
