Carpentaria Resources Ltd Stock Market Press Releases and Company Profile
Activities and Cash Flow Report Ended 31st March 2012
Activities and Cash Flow Report Ended 31st March 2012

Perth, April 27, 2012 AEST (ABN Newswire) - Carpentaria Exploration Limited (googlechartASX:CAP) is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012.

HIGHLIGHTS

HAWSONS IRON PROJECT:

Memorandum of understanding signed with Flinders Ports Pty Ltd increases shipping options.

Crushing tests positive, likely reduction in capital costs.

BMG's court proceedings not yet settled.

- Mr Paul Cholakos' appointment strengthens Board
- Additional gold tenement applied for in NSW
- Drilling commences at Yanco Glen tungsten prospect
- ACTIVEX wins QLD Govt Collaborative Drilling Initiative funding for Sterling prospect

PLANNED EXPLORATION: Drilling to continue at Yanco Glen (tungsten) and Torrowangee (iron) this quarter. Ground magnetic surveys on the Braemar JV to commence.

To view the complete Carpentaria Exploration Quarterly Report, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-CAP-241415.pdf



About Carpentaria Resources Ltd

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.

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Contact

Carpentaria Exploration Limited
T: +61-7-3220-2022
F: +61-7-3220-1291
WWW: www.carpentariaex.com.au



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