The following is a general description of Monax’s major projects.

Punt Hill is Monax’s flagship project. The tenement is located 130km north of Port Augusta and is being explored for copper, uranium and gold.

Ambrosia is also a copper, uranium and gold project, situated west of the township of Tarcoola.

Parndana, Western River and Pioneer Bend are tenements on the north of Kangaroo Island where Monax is exploring for zinc, lead, silver and gold.

Waddikee has manganese prospectivity and is located in the east-central portion of Eyre Peninsula.

Melton is a copper-gold project, based on the Yorke Peninsula and in a 50:50 joint venture arrangement with Marmota Energy Limited.

Monax has joint venture arrangements in place with Marmota Energy Limited for the exploration of uranium on a number of its projects.