Perth, May 10, 2012 (ABN Newswire) - Iron Ore A Winner - Respected industry analyst, Professor Allan Trench has crunched the numbers and once again determined Carpentaria Exploration Limited (ASX:CAP) is one of Australia's "Top 100 Resource Stocks".
In a recent issue of Resourcestocks, Dr Trench picked CAP as showing "demonstrably greater potential than [its] peers," placing the company in the iron ore category of miners.
Writing in International Longwall News in March 2012, he noted that the latest 2015 CRU commodity price rankings had placed iron ore among the bulls in terms of average forecast price performance.
Tin and nickel also made the list, giving Carpentaria three expected winners among its range of projects.
Carpentaria is a Queensland based exploration company focussed on discovering and mining base metal and gold deposits in Queensland and New South Wales. Both these States host world class ore deposits including Mt Isa, Mt Morgan, Central Victoria, Broken Hill and Cadia- Ridgeway. Carpentaria believes there is still great potential for discovery of additional medium to large mineral deposits in these states. Our Company has targeted regions where cover is thin, where there is a known mineralisation, and where using modern exploration techniques we will be able to rapidly define and drill-test targets.
ASX:CAP) is one of Australia's "Top 100 Resource Stocks".
Carpentaria Exploration Limited
){kind=link}