TNG Limited is engaged in the exploration and evaluation of its Mount Peake project and Mount Hardy projects; the review of projects for potential acquisition; the management of its other exploration properties, and management of its interest, such as in the Manbarrum and Cawse Extended Projects. The Company operates in mineral exploration in Australia segment. The Mount Peake Vanadium-Titanium-Iron project is located over 230 kilometers north-west of Alice Springs in the Northern Territory. The Mount Hardy Project is located within the Mount Hardy Copper Field, approximately 300 kilometers north-west of Alice Springs. The Mount Hardy project comprises approximately three granted exploration licenses, including EL27892, EL28694 and EL29219, covering an area of approximately 411.36 square kilometers. The Manbarrum project comprises over four tenements, including EL24395, EL 25646, MA24518 and MA26581; over two resources, and various prospects.