Mount Magnet South NL was incorporated on 27th April 2001 for the purpose of acquiring and exploring mineral interests in Australia. The Company holds more than 100 strategically located tenements (100% ownership) and is focussing on green and brown fields exploration across these holdings, which cover more than 1,500km2 stretching in a contiguous line for 180kms south of Mount Magnet in WA's Murchison region. MMS's primary interest is gold exploration; however it has adopted a greenfields exploration strategy that aims to identify base and other minerals. All the tenements have been selected for their gold and base metal potential and the tenement areas are all close to established infrastructure (including Harmony's 2.7 Mtpa Checker treatment plant) around the townships of Mt Magnet (600 km north-east of Perth) and Paynes Find (450 km north-east of Perth). 
