Business Summary

Metro Mining Limited is an Australia-based exploration and mining company. The Company is focused on Bauxite Hills Mine Project. The Company's Bauxite Hills Mine is located approximately 95 kilometers north of Weipa on Western Cape York where the Company holds a total tenement package covering approximately 1,900 square kilometers. The Company’s project also includes Bundi Project and Columboola Project. Its Bundi Project area is located immediately south of Glencore's proposed Wandoan Mine development and New Hope Coal's proposed Elimatta Mine. The Bundi Project coal resource estimate is over 2001.6 megatons (Mt). Its Columboola Project is a joint venture between Metro and SinoCoal Resources Pty Ltd. Its Columboola has a thermal coal resource estimate of approximately 1216.6 Mt at depths amenable to underground mining. The controls approximately 750 square kilometers of exploration tenements in western Cape York.