Each of these project areas is centrally located in a region with recognised gold endowment, and both historic and modern gold production. Each of Australasia’s project areas includes known gold mineralisation, and exploration potential which has received little attention in recent time.

The Company has been established:

• To investigate the extent of high grade palaeoplacer gold mineralisation identified at the Wetherstones gold deposit in the Otago Region, New Zealand;
• To complete the evaluation of the feasibility of mining the resource of the Glencoe gold deposit, and to explore its depth extensions, in the Pine Creek Region, Northern Territory
• To conduct exploration applying innovative models to the generation of targets in the Pine Creek region, around historic mining centres in the Otago Region, and below cover in the vicinity of the old Lucknow and the modern Cadia-Ridgeway mines in the Lachlan Fold Belt of New South Wales; and
• Where warranted by results, to advance these projects to mining operations at the earliest practicable date.

The Board brings together a comprehensive body of Australian and international minerals industry experience, encompassing exploration and discovery, project evaluation and mine development, and mining operations. We seek to apply this expertise to building a substantial junior gold mining and exploration company, based on the above projects and by the acquisition of substantial advanced projects both within and beyond the limits of Australasia.