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 NSW.

News!

Highlights for the December 2011 Quarter

CAPITAL RAISING COMPLETED

Equity capital raising made under 15% capacity

EXPLORATION - Gold - copper - silver ...

Drilling completed at two gold-base metals prospects in the Mayfield project area
Visible copper mineralisation logged over 32 metre intercept at Mayfield
Sulphide mineralisation logged in skarn and granite at Limekilns
Assaying in progress

EXPOLORATION - Zirconium - Niobium - Yttrium - Rare Earths

In situ resource upgraded by re-estimate
Inferred resource tonnage up-scaled from 55 to 73 million tonnes
Primary component - zirconium oxide up-graded by 25%