For Sale--------Hawsons Iron ProjectProject Type:...

For Sale
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Hawsons Iron Project

Project Type: Exploration
Project ID: HIP030912
Location: Confidential
Commodity Type: Iron Group

Expressions of interest are sought by the liquidators of Bonython Metals Group Pty Ltd (in liquidation) for the acquisition of the company’s 40% joint venture interest in the Hawsons Iron Project, NSW (60% being held by Carpentaria Exploration Limited). This is the largest magnetite iron mineral resource in NSW and one of the largest resources of this type in eastern Australia. The maiden 1.4 billion tonne Inferred Resource contains 220 million tonnes of concentrate at a premium grade of 69.9% Fe and 2.5% SiO2 with minimal impurities.

(source: Carpentaria Exploration Limited).

The liquidators are seeking expressions of interest by no later than 30 September 2012.