The 12 tenements held by Kangaroo Metals have a combined land area of 2,955 km2 in the historically mineral rich and polymetallic regions of the Georgetown Inlier, Herberton Region, Mungana, and regions surrounding Mt Carbine. These areas have borne more than A$5.5billion in metal commodities with the current tenements still providing gold, tin-tungsten, copper and lead exploration targets. The Board is of the view that further exploration for tonnage and quality grade is warranted based on the known geology, historic finds and style of prospecting, and the clear under exploration of key regions as shown in the Queensland Natural Resources, Mining and Water (QNRMW) database.

KML’s Board continues to focus on identifying and positioning the Company to take advantage of multi-commodity projects. The composition of the Company's assets, the expertise and strategic direction of the Board will continue to target opportunities to take advantage of world commodity prices and the growing world economic climate.

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