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Carbine Resources is developing both the flagship Muchea West Silica Sand Project, tenement E70/4905, which is located approximately 40km from Perth and the Down South Silica Sand Project, a 58km2 project located southeast of Bunbury. Both are located in Western Australia.
Past exploration of the Down South Silica Project offers Carbine Resoruces potential access to near term development while the business continues to develop its exciting large-scale Muchea West Silica Project.
Recent drilling at the Muchea West Silica Sands Project has returned intercepts of:
MW0258 – 10.5m @ 99.58% SiO2, 235 ppm Fe2O3 and 594 ppm Al2O3 from 1m
MW0279 – 7m @ 99.59% SiO2, 96 ppm Fe2O3 and 1095 ppm Al2O3 from 1m
MW0294 – 10m @ 99.50% SiO2, 184 ppm Fe2O3 and 432 ppm Al2O3 from 1m
MW0297 – 9m @ 99.45% SiO2, 31 ppm Fe2O3 and 661 ppm Al2O3 from 1m
MW0298 – 10m @ 99.56% SiO2, 32 ppm Fe2O3 and 434 ppm Al2O3 from 1m
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Consistent with its announcement dated 31 May 2023, Carbine Resources Limited (ASX:CRB) (Company) advises that it has commenced a process to appoint a minimum of two additional directors to the Board.
As a part of this process, the Company will consider expressions of interest from individuals who wish to be considered for appointment as a director.
The closing date for the receipt of such expressions is 5.00 pm (AWST) on Friday 16 June 2023 and any approach should be accompanied with the necessary background information on the proposed appointee. Expressions can be submitted by email to admin@carbineresources.com.au
Shareholders will be updated and informed of any formal appointments in due course.