Altona Mining Limited is engaged in project acquisition, mine development studies, construction, project financing, commissioning and profitable operation. The Company is approximately 100% owner of the Cloncurry Copper Project (Cloncurry Project) in northwest Queensland, Australia near the base metal mining and smelting center of Mt Isa. The Cloncurry Project has Mineral Resources containing approximately 1.65 million tons of copper and over 0.41 million ounces of gold. Its Australian activities are located in the Cloncurry region of Queensland. The The Cloncurry project is in a strategic location approximately 60 kilometers north of Cloncurry and over 90 kilometers north-east of Mt Isa in Queensland, Australia. It is over 11 kilometers north of MMG Limited's Dugald River zinc mine and is 65 kilometers north-west of Xstrata Copper's Ernest Henry copper-gold mine. The Cloncurry project comprises the Little Eva open pit and approximately five smaller satellite pits.