Profile

Carbine Resources is an Australian public company based in Perth, Western Australia.  The company engages in the exploration of gold and other mineral resources in Australia and West Africa.

The company focuses on the Madougou project covering an area of 465 square kilometers over 2 separate permits located in Burkina Faso, West Africa. The company was founded in 2006 and is based in Subiaco, Australia.

Properties

Madougou Project

The Madougou Project covers an area of 465sq km over two separate permits, namely Kandy to the southwest and Madougou to the northeast.Carbine entered into a JV agreement with Ampella Mining over the Project in December 2009.

The Project area is accessed from the capital city of Burkina Faso, Ouagadougou by 180km of paved highway to the nearby city of Ouahigouya and thereafter by 30km of unsealed all-weather roads.

The company consider Burkina Faso to be highly prospective for large tonnage open-pittable gold deposits as it hosts approximately 22 percent of the interpreted Birimian Greenstone belts of West Africa, in which 178 million ounces of gold have been discovered over the past one hundred years.

This includes 110 million ounces in adjoining Ghana, that contains 19 percent of these prospective rocks; 33 million ounces in Mali with 10 percent; and 12 million ounces in Guinea with 11 percent; yet Burkina Faso has yielded just 12 million ounces at this time from limited modern day exploration.

Office Address

Carbine Resources Limited

Registered Office

Suite 23

513 Hay Street

Subiaco WA 6008

PO Box 1311

Subiaco WA 6904

Telephone: (08) 6142 0986

Facsimile: (08) 9388 8824

Email: carbine@carbineresources.com.au

www.carbineresources.com.au

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