S2 Resources Limited is engaged in mineral exploration. The Company operates through three segments: Scandinavian exploration activities, Australian exploration activities and Unallocated. The Scandinavian exploration activities segment includes exploration and evaluation of mineral tenements in Finland and Sweden. The Australian exploration activities segment includes exploration and evaluation of mineral tenements in Australia. The Company's projects include Polar Bear Project and Norcott Project. The Polar Bear project spans an area of approximately 150 square kilometers, located between Higginsville and Norseman. It has over 360 square kilometers of ground under application adjacent to the Polar Bear project. It holds an interest in over six exploration licenses, covering approximately 100 square kilometers of ground adjacent to the Polar Bear project (the Eundynie Joint Venture).