Company Overview

It is the strategy and vision of the board of Proto Resources to provide shareholders with the opportunity of investing in a poly-commodity business in an extremely favourable commodities market. Specifically, the company intends on moving to an early cash-flow from one of its development projects, for instance the Barnes Hill nickel deposit in Tasmania and/or the NSW Tibooburra gold project. Both projects have surface mineralisation which could produce cash-flow for the company. Barnes Hill already has, as announced, an indicated JORC resource of nickel laterite in the near-surface weathered serpentinite.

Proto Resources also intends to unlock value through divesting its uranium prospects into a special purpose vehicle. This will allow Proto Resources to focus on its base and precious metals, leaving energy minerals to a dedicated company that the company has a strong interest in.

It is the belief of the company that there are still many mineral resource opportunities available despite high metal prices. Proto Resources aims to use its knowledge of earlier work done in Australia as well as its strong network of contacts to target these and thus build value for its shareholders.







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