Sovereign Gold Company Limited (Sovereign Gold) is an Australian-based company engaged in conducting gold exploration and development programs. The Company is exploring Intrusion-Related Gold Systems (IRGS) and gold-copper systems at the Rocky River-Uralla Goldfield and Mount Adrah. Sovereign Gold's Rocky River-Uralla Goldfield Project is located around the township of Uralla, New South Wales. The Mount Adrah project covers approximately 690 square kilometers and is located around the township of Adelong in southern New South Wales. The Company also holds three exploration licenses in north-eastern New South Wales covering all identified areas of polymetallic, including, zinc, iron, copper and silver mineralization. The Company through its 99.5 owned subsidiary, Mount Adrah Gold Limited, holds licenses, including EL 6372, EL 7844, EL 8127 and EL 8219. Its other licenses include ELA 5138, EL 5339 and EL 4474.