The Maranboy/Yeuralba tin field is located approximately 64km south east of Katherine. 

The Maranboy area is held under both granted mining (MLN 658, 661 – 672, 679, 680) and exploration (EL 10423) tenements, while the Yeuralba area has 3 exploration licence applications (ELA 25904, 26017 and 25979) pending grant by the Northern Territory Government. Both projects are held 100% by the Company.

The Maranboy project contains high grade tin lodes, which have been established through substantial previous exploration (including drilling).

The Maranboy tin field was worked intermittently between 1913 and 1952, when the battery closed. Cassiterite occurs within quartz-tourmaline fissure lodes which trend east-southeast or south-southeast of which the most important are the Stannum King and Main Lode.

Significant exploration potential could exist in the surrounding Exploration Licence to find repetitions of tin lodes along strike, with the possibility of alluvial ore and additional hard rock deposits under shallow cover. Numerous additional tin occurrences at surface have been recorded away from the main lodes used for resource calculations.

The Company plans to undertake a drilling program in August 2008 and, with the presence of a bitumen road to the project site, the wet season should not impede the planned drilling programme. 

A summary of historical drilling results by previous explorers includes the following intersections: