29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, and mineral exploration and development. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold and silver) and Capricorn Copper in Queensland (copper and silver). Its near-mine and regional exploration activities, including the Redhill exploration project located in southern Chile. The Golden Grove mine has a history of discovery with mining leases covering over 129 square kilometers (km2). The Capricorn Copper mine covering approximately 1,858 km2 within the highly prospective Western Fold Belt of the Mount Isa Inlier. Redhill exploration project comprises the Cutters Cove project, located around the historical Cutters Cove copper mine and surrounding prospects. It holds 100% in Redhill exploration project.
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