Mantle Mining Corporation Limited is an Australia-based company. The Company’s principal activities are to acquire, explore, develop and mine gold, phosphate, coal and coal bed methane or other mineral resources. During the fiscal year ended June 30, 2008, the Company progressed a number of its exploration tenements from application through to drilling. This included an upgrade of 50% of its JORC compliant gold equivalent resource base at Granite Castle from Inferred into Measured and Indicated category status. The Company acquired an initial 87.5% interest, and subsequently consolidated the remaining 12.5% interest, in the Mt Mulligan Coal and Coal Bed Methane project in Queensland. Its wholly owned subsidiaries include Zulu Gold Pty Ltd, Trafford Coal Pty Ltd and Phantom Creek Uranium Pty Ltd.
(Source: ARS)
