Summit Resources is engaged in the exploration and evaluation of uranium projects in Queensland, Australia. Through its wholly owned subsidiaries Summit Resources (Aust) Pty Ltd and Pacific Mines Pty Ltd, Co. controls or has an interest in approximately 2,190 sq km of tenements in three project areas centred on the city of Mount Isa in northwest Queensland. The Isa North Project covers approximately 934 sq km and hosts a number of uranium prospects including the Valhalla, Odin, Skal and Bikini deposits. Co. has some minor involvement in base and precious metals exploration through its Isa North Mineral Rights Agreement and Isa West Joint Venture with Aeon Metals Limited.
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