Inova Resources Limited, formerly Ivanhoe Australia Limited, is an Australia-based mineral exploration, development and mining company. The Company explores the Mt. Isa Inlier area, which is one of the geological belts, where the Company has multiple tenements covering in excess of 5,700 square kilometers and that are prospective for copper, gold, molybdenum, rhenium and uranium.It has exploration tenement holding over a 130 kilometers geological belt, surrounded by a number of projects, including Mt. Isa lead/zinc/silver mine (Xstrata), the Ernest Henry copper/gold mine (Xstrata), the Cannington lead/zinc/silver mine (BHP), and the Phosphate Hill phosphate mine (Incitec). Its key projects include Osborne copper-gold operation; Merlin project, which contains molybdenum and rhenium deposit and Mount Elliot, which contains copper-gold, mineralized systems discovered in Australia.