Codrus Minerals Limited

Codrus Minerals Limited (CDR) is a gold focused explorer with projects in Western Australia and Oregon, USA. The company is exploration focused, but has the experience of converting exploration success into operating mines. The Company will have a 100% legal and beneficial interest in the Silver Swan South, Red Gate, and Middle Creek Projects in Western Australia, comprising 29 tenements for a total landholding of approximately 227.8km2. The tenements predominantly are prospective for economic gold mineralisation, with Silver Swan South also being prospective for Nickel. In the United States of America (USA) the company holds a 100% legal and beneficial interest 79 claims and is party to the Option Agreement, which covers a further 11 claims in Baker County, eastern Oregon, USA. In total the claims cover approximately 7km2 in the Ironside Mountain Inlier.