| From the time of incorporation, MCG Resources has held a Vision “to acquire a portfolio of 5 mining tenements within Australia by 2010 for exploration with the aim of having at least 1 opportunity that could be brought to development by 2013”. The strategy to acquire a portfolio of 5 mining tenements will be achieved by progressing the following strategies in parallel; 1. Pegging of vacant tenure 2. Farming into existing tenement holders 3. Acquisition of an existing project To date, MCG Resources has focused on the first strategy of pegging vacant tenure and have been successful in securing four Granted Exploration Permits. MCG Resources conducted it’s first initial target drilling program in October 2009 on EPC1560. Moving forward, MCG Resources are continuing to progress initial target drilling programs on the current tenements, and are commencing to expand the tenement base with by reviewing a number of possible Farm In opportunities. Our Projects: |