Reedy Lagoon Corporation Limited is engaged in the exploration for minerals in Australia. The Company focuses on mineralization styles, including Uranium (Edward Creek project) and Gold (Cassilis project). The Edward Creek Project area is located on the interpreted north-eastern boundary of the Gawler Craton. The western parts of the Edward Creek Project area are on the Gawler Craton. The Edward Creek Project located in south Australia comprises EL 5580 (343 square kilometers). The Cassilis gold project is located near Omeo in Eastern Victoria. The Cassilis Mining has an exploration license (EL 5504), an exploration license application (ELA 5427) and a retention license application (RLA 2005). Bullamine Magnetite Pty Ltd is the subsidiary of the Company.