Business Summary

Chase Mining Corporation Limited is an Australia-based mineral exploration and development company. The Company’s geographical segments include Australia and Canada. In Australia, the Company, through its wholly owned subsidiary, Torrington Minerals Pty Ltd (TMPL), which holds two exploration licenses EL 8258 and EL 8355. The tenements comprise 18 units covering approximately 51 square kilometers located in northern New South Wales, 240 kilometers (km) south-west of Brisbane (Queensland) in proximity to the Torrington Township approximately 65km by road south-west of the local Shire town of Tenterfield. In Canada, the Company, through its wholly owned Canadian subsidiary, Zeus Olympus Sub Corp (Zeus), which holds 157 claims in Southwest Quebec which cover an area of approximately 84 square kilometers. The Project areas are located east and north-east of the town of Ville-Marie on the eastern shore of Lake Temiskaming.