FINANCE VIDEO: Carpentaria Exploration Limited (ASX:CAP) Executive Director Nick Sheard Speaks at The Excellence in Mining 2010 in Sydney
Sydney, Sep 28, 2010 (ABN Newswire) - FINANCE VIDEO: Carpentaria Exploration Limited (ASX:CAP) Executive Director Nick Sheard Speaks at The Excellence in Mining 2010 in Sydney.
Nick has over 30 years experience in the industry - most recently Vice President -Exploration for Inco Limited, formerly the world's second largest producer of nickel. Prior to that Nick was the Global Exploration manager for MIM Holdings Limited, after being initially employed by MIM as Chief Geophysicist. Mr Sheard is a Non-Executive Director of - Mirabela Nickel Ltd (TSE:MNB) (ASX:MBN).
Carpentaria's flagship project, the Hawsons Iron Project area is located about 60km south of Broken Hill. It is relatively close to the major Australian E-W railway line and Adelaide - Broken Hill road. A high tension power line runs about 30km east of the project. The city of Broken Hill is a mining town with a good mining culture, strong workforce, air, road and rail connections to Adelaide and Sydney.
The tenements cover an extensive airborne magnetic anomaly. The project area is covered by two exploration tenements. To the south, Burta (EL 7208) is 100%-owned by Carpentaria. The Redan tenement (EL 6979) to the north is a joint venture (JV) with Perilya Broken Hill Limited (ASX:PEM) where Carpentaria can earn a 51% interest initially with the expenditure of A$825,000.
To view the interview please refer to the following link:
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.