Territory Resources Limited has been operating in the Northern Territory since March 2005, primarily through its wholly owned subsidiary Territory Iron Pty Limited (TIPL). TIPL operates an iron ore mine at Frances Creek as well as a portfolio of exploration project areas across the top end.

Territory Resources was acquired by Gold Valley Holdings in February 2018 with the intention of continuing the care and maintenance of the Frances Creek Mine and investigating further mining opportunities in the Northern Territory.

Gold Valley Holdings (Gold Valley) is a Perth based private explorer, developer and operator of gold, iron and lithium assets. Gold Valley’s current focus is the development of its large portfolio of exploration and near production assets in Western Australia, Queensland and the Northern Territory. Gold Valley currently operates a gold mine at Mt Hampton and a manganese mine at Horseshoe Range in Western Australia. Gold Valley is also a major shareholder of the Maroon Gold project in Charters Towers (Queensland) which is set to commence production in May 2018.

Territory Resources remains committed to safeguarding the environment and contributing to the future development of the mining industry in the Northern Territory.