Centrex Metals Limited is an exploration company. The Company’s projects are focused on exploration of iron ore, gold and base metals. The Company’s iron ore projects include The Wilgerup DSO hematite iron ore project and the Kimba Gap iron ore project. The gold projects include the Gundaroo project and the Woolgarlo project. The Wilgerup project located in the Central Eyre Peninsula has a defined 13.3 meter indicated resource at 57.7% iron. The Kimba Gap iron ore project encompasses a four kilometer outcropping banded iron formation to the west of Whyalla in South Australia, adjacent to the existing iron ore mines of the Middleback Ranges. The Gundaroo project is located within the Lachlan Fold Belt in New South Wales, to the west of the Goulburn Joint Venture. The Woolgarlo project is located within the Lachlan Fold Belt in New South Wales, to the west of Yass.