GME and its subsidiary Golden Cliffs NL own a number of prospective gold projects in the Leonora – Laverton region. The amount of work undertaken on the respective areas varies from soil sampling through to diamond drilling and resource definition.

The majority of the tenements that make up the gold assets are in the process of reversion, where new prospecting licenses have been applied for but are yet to be granted. Several new tenements were applied for that either adjoined existing holdings or were considered prospective for gold or base metals.

The Company is currently reviewing the structure of the gold assets in GME.