WCP Resources Limited is an Australia-based diversified resources company. Its business comprises identification, acquisition, exploration and development of resource projects. The Company is focused on the exploration of Yalgoo gold project, which is located within 70 kilometers of the Mount Gibson gold mine, the Golden Grove base-metal mine, Karara magnetite project and the Kirkalocka gold mine. The Yalgoo gold project consists of exploration license E59/1594, which covers an area of 75 square kilometers. As of June 30, 2011, the Company operated five subsidiaries including WCP Gold Pty Ltd, WCP Copper Pty Ltd, Mt Philips Exploration Pty Ltd, WCP Energy Pty Ltd and WCP Phosphate PTY Ltd. During the fiscal year ended June 30, 2011, the Company acquired the Yalgoo gold project consisting of a tenement located in the Yalgoo mineral field in Western Australia.