Tellus Resources Limited is an Australian-based mineral exploration company that was incorporated on 21 June 2010. Tellus has acquired a large tenement package in regional New South Wales prospective for Intrusive Related Gold Deposits. A number of the tenements encompass historic goldfields, but have received relatively little in the way of modern exploration.
Tellus also holds a 50% interest in PEL 105 in the highly prospective Cooper Basin in South Australia, the other 50% interest being held by Senex Energy Ltd. In addition, PNC has a 100% interest in ATP904P in the Surat Basin in Queensland, subject to ministerial approval.