CAPITAL MINING LIMITED - ASX: CMY

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Description

Capital Mining Limited (ACN 104 551 171) listed in March 2007 and is engaged in exploration for deposits of gold, base metals, platinum, nickel, uranium and other rare metals in south eastern Australia. The Company is Canberra based and has a number of project areas in highly prospective terrain in New South Wales and South Australia. Capital has a well documented track record of value adding through exploration success and has drilled up resources of gold, copper, zinc, silver, lead, zirconium, niobium, yttrium and thorium (a superior nuclear fuel) in several of its tenements. The Company is concentrating its efforts on exploration of gold and gold-base metal prospects with considerable discovery potential in the Southern Divide Region of New South Wales and is also investigating a large porphyry-style mineral system in the Central West where the target is a gold-copper-molybdenum deposit analogous to the world class ore bodies at Cadia-Ridgeway, Northparkes and Cowal. Capital is also in the search for uranium in South Australia and gold,platinum and nickel in Far Northwest NSW.

Craigie Alluvial Gold Project, NSW

Location: 12 kilometres southeast of Delegate
Area: 29.5 square kilometres (13 units)
Target: Alluvial gold in terrace deposits and active stream placers.
Commodities Sought: Gold

Chakola Gold & Base Metals Project, NSW

Location: 15 kilometres north of Cooma
Area: 66.4 square km (24 units)
Target: Massive sulphide and disseminated gold & base metal deposits in Silurian volcanics
Commodities Sought: Gold, silver, copper, lead, zinc, molybdenum, antimony.

Cowarra Gold Project, NSW

Location: 15km southeast of Bredbo
Area: EL 5939 28.4km2
Target: Gold in high-grade mesothermal veins and shear hosted sulphidic deposits
Commodities Sought: Gold
Metallogenic Province: Southern Divide Gold and Base Metals Belt

Mayfield Gold-Copper-Base Metals Joint Venture, NSW

Location: 30km north of Braidwood
Area: EL 6358 49km2
Target: Gold and base metal skarns
Commodities Sought: Gold, copper, silver, base metals
Metallogenic Province: Southern Divide Region, Lachlan Orogen

Narraburra Rare Metals & Rare Metals Project, NSW

Location: 12 kilometres northeast of Temora
Area: EL 5629 11 km2; EL 6787 84 km2
Target: Porphyry or bulk disseminated style rare metals, heavy rare earth elements (REE) and intrusive related gold-REE deposits in fractionated, peralkaline granite complex.
Commodities Sought: Zirconium, yttrium, niobium, REE, thorium, rubidium, gallium, lithium, tantalum ... for high-tech industrial market.

Porters Mount Gold-Copper Project, NSW

Location: 40 kilometres southwest of Forbes
Area: 66 square kilometres (23 units)
Target: Intrusion and breccia related gold-copper-molybdenum porphyry system.
Commodities Sought: Gold, copper, silver, molybdenum

Milparinka Platinum-Nickel Project, NSW

Location: 250km north of Broken Hill
Area: EL 6832 149km2
Target: Layered magmatic and diatreme deposits in ultramafic intrusions; porphyry and orogenic gold-copper

Mundaerno South Uranium IOCGU Project, SA

Location: 385km northeast of Adelaide
Area: EL 3853 52km2
Target: Calcrete and roll-front sandstone hosted sedimentary uranium deposits; iron oxide breccias and diatreme related copper-gold-uranium-REE deposits
Commodities Sought: Uranium, copper, gold, REE
Metallogenic Province: Southern Curnamona Craton

Coonalpyn Uranium Gold-Base Metals Project, SA

Location: 120km southeast of Adelaide
Area: EL 3881 319km2
Target: Uranium in skarn, carbonate replacement, calcrete and sandstone roll-front deposits
Commodities Sought: Uranium, gold, base metals
Metallogenic Province: Southern Delamerian Fold Belt and Murray Basin Cover Sequence

Mine For

gold, copper, lead, silver, zinc, platinum, nickel, uranium, lithium, niobium, tantalite, zircon, molybdenum, antimony

Location of operation(s)

New South Wales, South Australia

Address

Shop 4, Rivett Shopping Centre, 20 Rivett Pl
RIVETT, ACT, AUSTRALIA

Phone

(61 2) 6288 2661

Email

Website

http://www.capitalmining.com.au

Last Updated

4/5/2011