MGT Resources is a tin production and base/precious metal exploration company.

In April 2009, MGT acquired the majority interest in Xtreme Resources Ltd (now MGT Mining Ltd), a company with significant tin production and gold exploration assets.

MGT has completed the stage 1 refurbishment of its Mt Veteran tin mill and is now in the process of planning the stage 2 mill capacity upgrade.

MGT is committed to aggressively expand its tin resources and also continue to explore its gold prospects to add significant value to the company.