The Company has one granted Exploration Licence EL31045 and two applications for Exploration Licences (EL25272 and EL 31046) totalling 1,238km2 in the Northern Territory. Open file data has been obtained and reviewed for these leases and assessment and interpretation is underway, with an aim to establish the potential of noted mineral occurrences on these leases, and generate further targets for investigation.

The McArthur Tenement covers the western margin of the McArthur Basin and is prospective for copper, zinc and lead. It lies approximately three kilometres to the west of Pacifico Minerals Ltd’s (ASX: PMY) newly discovered Coppermine Creek prospect.