Tellus Resources Ltd. (TLU) is a mineral exploration company established for the purpose of acquiring, exploring and developing prospective mineral deposits, particularly gold.
Tellus has six exploration tenements in regional New South Wales, all located in areas of historic goldfields, but with relatively little in the way of modern exploration activity.
The New England Tenements, which cover a total area under lease of approximately 205 square kilometres, are in an area of historic goldfields last mined in the late 1800’s. This area is prospective for intrusive related gold deposits and remains largely untested by modern exploration techniques.
The Southeast Lachlan Tenements, which cover a total area under lease of approximately 753 square kilometres, are situated in the area that was the focus of the NSW Government’s "New Frontiers" initiative of 2010, which will provide high resolution geophysical maps of the area. Tellus will be able to take advantage of this data to deliver a focused exploration program.