Company Objectives & Focus

Our objective is to become a profitable mining company.

We aim to either find, or to acquire and develop, gold and other mineral prospects in Australasia.

Our directors and management team have built strong contacts in this region, based on their previous positions at various mining companies.

Our strategy is to focus only on a few quality projects – such as Bullabulling - which are capable of delivering early value to shareholders. At Bullabulling, our new drilling programmes aim to add to the existing 2.6m ounces of JORC standard gold already confirmed (as at 15 August 2011). Phase Two drilling is currently underway since which both aims to convert more gold from the Inferred to Indicated categories, and to explore more pits on the southern extension of the Bullabulling trend.  Our goal is to produce from 100,000 to 150,000 ounces of gold annually.

We have adopted a twin track approach, which is to both start production but also to keep on adding to the overall resource through continued exploration before and after the mine has reopened.