Overview of Projects

We focus on strategically important resources including molybdenum, copper, lead and zinc. In the medium and long term, we are optimistic about a solid recovery in the global economy and the continuous growth of the Chinese economy and therefore believe that these resources will meet growing demand for many years. With commodity prices at relatively low levels for now, we are trying to capture this market opportunity to buy some large scale and high quality mines to rapidly grow the Company’s business scale, enhance its foothold in China's resources industry, and create shareholder value as well.

Our existing projects include include Haozhou Molybdenum Mine, Aolunhua Copper-molybdenum Mine and Xinyuan Lead-zinc-copper Mine, all in Chifeng, Inner Mongolia. Additionally, we plan to acquire additional equity interst in Aolunhua Copper-molybdenmu mine.