Welcome to Capital Mining - ASX Code "CMY"
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
Annual Report now available
Extraordinary General Meeting of Shareholders of Capital Mining to be held on 19 October 2012 - read more
Update on the Timbo Project
Capital Mining Limited announced on 27 July 2012 that it had entered into a Share Purchase Agreement with Atlas Mining Limited (Atlas) to acquire the Timbo Iron Oxide Copper-Gold Project within the World Calss Carajas Mineral Province in northern Brazil.
Following a review and discussions with Atlas, both parties have agreed to mutually terminate the Share Purchase Agreement ... read more in the announcement