Comet Resources Limited is an Australia-based company, which is focused on mining exploration activities. The Company's projects include Barraba Copper and High-grade Springdale Graphite. The Barraba Copper Project is comprised of an approximately 2,375 hectares (ha) exploration license that covers the project area, EL8492, which is located near the town of Barraba, approximately 550 kilometers (km) north of Sydney. The Barraba Copper Project sits along the Peel Fault line and encompasses the Gulf Creek and Murchison copper mines. The region hosts VMS style mineralization containing copper, zinc, lead and precious metals. The high-grade Springdale Graphite Project is located approximately 30 km east of Hopetoun in southwestern Australia. The Project is situated on freehold land, with an access to infrastructure within 150 km of the port at Esperance via sealed roads. The Company owns 100% of the two tenements, including E74/562 and E74/612.
