Creat Resources Holdings is a resources investment company engaged in the acquisition, exploration and operation of mineral properties in both Australia and overseas. CRHL holds a substantial tenement package in a very mineral prospective region of Western Tasmania, including coverage of a significant portion of the newly recognised Western Tasmanian Nickel Belt.

The shares of the Company were admitted to trading on the Alternative Investment Market (AIM) of the London Stock Exchange on 6th March 2007, following an oversubscribed placing. CRHL is now extremely well placed financially and strategically to capitalise on the current global financial climate.

Tasmanian Projects Through itself and one of its wholly-owned subsidiaries, the Company holds four Exploration Licences and three Retention Licences. Together they cover a mineralised area of approximately 100 km2 near the township of Zeehan (approximately 200 km northwest of Hobart) in Western Tasmania.

 

Galaxy Resources (ASX: GXY) is an S&P/ASX300 emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.