Since being established in 2007, GMM has brought together strong portfolio of projects in Australia and Mongolia that offer potential for large economic resources. This focus has led the Company to the highly prospective Mongolia, which is considered as one of the last frontiers of mineral exploration. In addition the Company has brought together a mixture of projects within Australia including the Shoemaker Iron Ore project in which the Company has acquired a 50% interest from ASX listed Galaxy Resources Ltd and is earning up to 80%. Other Australian projects include conceptual geophysical targets prospective for large iron-oxide-copper-gold or cabonatite hosted rare earth deposits.

In Mongolia the Company established a subsidiary, Golden Cross LLC in 2008 which has applied for and had 10 licences granted in the north-west of Mongolia. These projects include the Uvs Basin potash project, located in Mongolia, where the Company holds licences covering over 2000km2 of prospective evaporite geology which are known to host economic grades of potash at shallow depths on the nearby Russian-Mongolian border. The location of this project close to China, the world’s largest consumer of potash, and with improving access to strategic transport corridors provides an exciting opportunity to participate in this high margin industry.

GMM has assembled a highly experienced and successful team to move the Company forward.

The Company’s objectives for the immediate future are:

• To advance the Company’s potash project in Mongolia and bring together a world-class exploration team in preparation for the Mongolian field season.
• To undertake a drilling program to define the iron ore potential of the Shoemaker Iron Ore Project; and
• To drill-test the Company’s ready to drill iron-oxide-copper-gold (“IOCG”) and carbonatite targets in Australia.

The Company’s long term objectives are:

• To deliver long-term, sustainable cash flow through the discovery and development of large high value and high margin mineral deposits.
• To build a successful mining company through focusing on long term growth opportunities and prudent capital and financial management.