Rincon Resources Pty Ltd The Company advised in late June 2020 that it had invested AUD$250,000 (approximately £140,000) in Rincon Resources Pty Ltd ( Rincon ), an Australian gold and base metals exploration company. At the time the Company investment represented approximately 28% of Rincon. Rincon Resources is a Western Australian ( WA ) focused gold and base metals company and holds the rights to three highly prospective projects in WA, with a main focus on the South Telfer Project, covering 50,000-hectares in the Paterson province. The South Telfer Project is approximately 12km south of Newcrest Limited s Telfer mine. Rincon s Laverton and Kiwirrkurra Projects are also highly prospective gold and base metals projects.