Global Strategic Metals N.L., formerly East Coast Minerals NL, was principally engaged in mineral exploration and investment, during the fiscal year ended June 30, 2010. The Company is engaged in exploration of its mineral properties in Western Australia. As of June 30, 3010, the Company held 56.54%, 69.88%, 80% interests in Energie Future, Elizabeth Hill project, and Gossan Dam silver and base metal prospect, respectively. During fiscal 2010, the Company focused on the Elizabeth Hill silver project. The Elizabeth Hill project is located near Karratha, Western Australian. During fiscal 2010, the Company completed 17 reverse circulation (RC) holes for 2,602 meters in the Elizabeth Hill silver project. The exploration license over Gossan Dam base metal and silver prospect is near Mukinbudin, which is 300 kilometers east of Perth in Western Australia. In December 2011, it acquired 80% interest in the Wolfsberg Lithium Project (Project).