Papillon Resources Limited (Papillon) is engaged in the exploration and development of resource projects located in Mali. The Company has joint venture interests in a portfolio of gold tenements (granted licences and applications) in western and southern Mali. The Company�s primary focus continued to be the advancement of the Fekola Project (Fekola or Project) located in south western Mali adjacent to the border with Senegal. Papillon completed its pre-feasibility study (PFS) for the project. The Company�s subsidiaries include Mali Goldfields SARL, Songhoi Resources SARL, Bamagold SARL, Waraba Resources SARL, PIR Mali SARL, Papillon Exploration (AUS), Papillon Mining (AUS), Papillon Exploration (UK) and Papillon Mining (UK).