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Universal Resources Limited is a mineral exploration and development company with major exposure to copper and gold in the Mt Isa area of Queensland, Australia. It has acquired a portfolio of exploration projects in two Australian regions, the Mt Isa Inlier (the Mt Isa-Cloncurry area) of North West Queensland, and the southern Lachlan Fold Belt in New South Wales. Its principal asset is the Roseby Copper Project (100% interest). It also holds a 100% interest in two granted exploration permit for minerals (EPMs), Cameron River and Happy Valley. Together, these tenements cover an area of over 3,500 square kilometers. These tenements are considered prospective for mineralization of the iron oxide associated hydrothermal copper-gold deposit style. On September 15, 2006, the Company announced the results of the feasibility study on the Roseby Copper Project in the Mt Isa Region of North West Queensland. In New South Wales, Universal has a 90% interest in two projects, Burra and Collector.
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