Carpentaria Exploration Limited announced more positive results from the final batch of samples from recent drilling at its Hawsons Iron Project, paving the way for a resource upgrade at Broken Hill's potential next major mine. Drilling comprising 5,963m in 20 reverse circulation (RC) holes was completed in late Christmas 2016, with preliminary results for 16 holes reported on 20 December 2016 and 16 January 2017. The programme has been designed to support a resource upgrade followed by a new prefeasibility study, with a new resource expected from the independent H&S Consultants by the end of February. The drilling has confirmed Hawsons as a very large deposit with simple geometry that includes potential mining widths of 630m and a strike length in excess of 3,000m (Figures 1, 2 and 3). Additionally, new analytical data for another mineralised unit, Unit 1, were received earlier from RC17BRP070 and 074, increasing the potential for the inclusion of additional mineralisation in a revised resource estimate and mine plan. The deposit is characterised by very thick mineralised units, with 18 from 20 holes returning intersections between 102m and 262m in thickness. The two exceptions included a hole abandoned before the target was reached and a QAQC hole that targeted a shorter intersection. Results for RC17BRP064 have been updated with new assay data. This hole intersects mineralisation from the top of fresh rock to the end of hole through three mineralised units. This drill hole and cross section highlights the homogeneity of the deposit in terms of mass recovery and concentrate grade. In addition, because the Davis Tube Recovery test is a lab scale metallurgical test, the results also demonstrate high consistency of metallurgical properties throughout the deposit, a feature that is not common in deposits so large and provides increased confidence in results of the test work done to date.