Volcanic Metals Corp. is engaged in the identification, acquisition, exploration and development of natural resource properties in Canada. During the year ended December 31, 2011, the Company acquired a 100% interest in the Walhalla Property in the White Gold district of the Yukon. The Walhalla property consists of 1,988 quartz claims covering approximately 41,800 hectares located 140 kilometers south east of Dawson City in the emerging White Gold District of the Yukon Territory. The Gjegjan Mining District is located in northeast Albania where Volcanic has secured an exploration license covering a total area of 200 square kilometers. The property covers a 60 kilometers long segment of the Volcano-Sedimentary sequence exposed on the eastern margin of the Mirdita Ophiolite Belt.