McPhee Creek Iron Ore Project - (Giralia 100%)

Giralia holds 100% interest in a tenement application covering the McPhee Creek iron ore project, located 220 kilometres south-east of Port Hedland in Western Australia's Pilbara Block.

Two iron ore occurrences are known on Giralia's tenement, including an established channel iron deposit on a mesa 3.5 kilometres long, with grades from surface sampling of 58.7 % Fe and from drilling of up to 57.3% Fe with low phosphorous.  Additionally, a zone of hematite enrichment in nearby banded iron formation of the Archaean Gorge Creek Group is documented.  Giralia's tenement covers 8 kilometres of strike of the target iron formation unit, which is up to 1 kilometre thick.