Carpentaria ein Explorer mit Hammer Potenzial!!! - 500 Beiträge pro Seite

[Ewie]

Hallo Freunde
hier die aktuelle Nachricht

The Directors of Carpentaria Exploration Limited (ASX: CAP) are pleased to announce that it has engaged the world renowned independent technical consultants Hellman and Schofield Pty Ltd (H&S) to undertake an assessment of the Hawsons Iron Project with the objective of evaluating the magnetite exploration target for the area.
The Hawsons Project is located approximately 60 km south west of Broken Hill (Figure 1). Based upon the encouraging exploration results to date, the Board engaged independent consultants to scope the economic parameters necessary for a viable development project.
The results of the H&S study suggest that given the cumulative strike length of the magnetic anomalies and an average thickness of the magnetite siltstone of 100 metres and density of 3.2t/m3, the exploration target would be in the range 2.5 billion tonnes to 4.5 billion tonnes with an 18% Davis Tube Recovery (DTR) magnetite grade.
Carpentaria’s Executive Chairman, Nick Sheard, stated, “This independent exploration target1 estimate is in line with internal company estimates. Scope exists for a larger exploration target1 tonnage given the additional magnetic anomalies in the area not considered in this report (See Figure 2).
“In addition to the substantial tonnage potential, conceptually straightforward mining techniques and proximity to infrastructure, the earlier DTR results revealed a very clean magnetic concentrate with iron grades of 69% - 70%. Carpentaria intends to follow up earlier drilling results to determine the full potential of the area and seek to establish an initial Inferred Resource.”
Currently Carpentaria is awaiting grade grind curve tests and bond work index results in order to determine processing requirements. These results are anticipated to be received in late October.
Attached is the summary report from the H&S work.

Gruß Ewie

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