CLR - Carabella Resources - Aussie Stock Forums

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  1. #1

    Post CLR - Carabella Resources

    Carabella Resources Limited (CLR) is a coal exploration and development company. It currently holds interests in a portfolio of 7 coal exploration tenements covering a total exploration area of approximately 3,606km2 in the Bowen, Mulgildie, Clarence-Moreton and Eromanga Basins in Queensland, Australia. One of these tenements is still subject to transfer into the Company's name.

    To date, the Company has focused its initial exploration activities at its flagship coking coal Tenement, Mabbin Creek. Mabbin Creek is located adjacent to a number of world class coking coal mines in the Northern Bowen Basin. Exploration activities to date at Mabbin Creek have identified the Company’s maiden JORC resource of 91.7 million tonnes of coking coal at the Grosvenor West prospect on the eastern border of the Tenement. This is comprised of 21.8 million tonnes of JORC Indicated resources and 69.9 million tonnes of JORC Inferred resources. The Board has also further identified between 450 million tonnes and 520 million tonnes of prospective coal Exploration Targets in the Mabbin Creek Tenement area.


  2. #2

    Default Re: CLR - Carabella Resources

    I saw this site http://www.shares.com.au/forum/showthread.php?t=7898 The guy there use carabella as a comparable. What do you guys think? does this RKS / Scott Creek Coal deal have anything to do with carabella?

  3. #3

    Default Re: CLR - Carabella Resources

    On February 19th, 2014, Carabella Resources Limited (CLR) was removed from the ASX's official list following compulsory acquisition by Wealth Mining Pty Ltd under its takeover offer.

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