Foyson Resources Limited (Foyson), formerly MIL Resources Limited, is an Australia-based company. It is engaged in investing and developing a range of activities in the resource sector. The Company�s projects include Amazon Bay, New Britain, Golden Peak and Legusulum. Amazon Bay is vanadium rich, titanomagnetite sands exploration target, located over 100 kilometers of coast line, approximately 200 kilometers south east of Port Moresby. Poi is located approximately 270 kilometer southeast of Port Moresby and 10 kilometer Nth of Millport Harbour. The Company operates in three segments: exploration, magnesite and Corporate. The exploration areas segment undertakes exploration and evaluation activities. The magnesite segment undertakes sale of magnesite stores and is based in the geographical segment of Australia. The Corporate segment includes regulatory activities and the development of new markets and business opportunities.