Steele Resources Corporation is a United States-based is a development-stage exploration and mining company. The primary business of the Company is carried on through its wholly owned subsidiary, Steele Resources, Inc. (SRI) which is an exploration and mining company focused on identifying and developing advanced stage precious metal exploration projects. It is engaged in the business to identify, explore, develop and operate mineral exploration properties, and to provide mine exploration and operations services to mining properties located in the Western United States. On April 24, 2012, SRC acquired the Billali Gold and Silver Mine (the Billali Mine) from the Billali Gold Mine, LLC. This property consists of one patented claim. It is located in the Steeple Rock mining district in western New Mexico.