South Australia, Australia EL5340 - (ROY 100%)

The Cooper Hill Project is located adjacent to the town of Penong, on the western edge of the Eyre Peninsula, South Australia. The project comprises a single exploration licence, EL5340 which covers an area of 538km2 over portions of the south-western Gawler Craton, on the margins of the Palaeo-Mesoproterozoic Wilgena and Nuyts Domains. The tenement shows excellent Nickel, Copper PGE and Gold potential and has similar geology to the Albany Fraser Belt, that contains the Nova Ni-Cu and the Tropicana Au Deposits in WA.

Northern Territory Australia EL24550 & EL27354 - (ROY 100%)

The George Project is located ~100km southeast of Darwin in the Northern Territory. The project comprises two exploration licences EL24550, EL27354 and one exploration licence application ELA30074, which covers a total area of 88km2 in the Central Pine Creek Geosyncline which is prospective for uranium and gold deposits targeted within the Burrell Creek Formation. Magnetite Mines has been the operator since 2009 and recently acquired 100% interest from VSX-listed Aldershot Resources Ltd.