Creat Resources Holdings Limited (CRHL) is a resources investment company. The Company is engaged in minerals exploration and the acquisition, exploration and operation of mineral properties in both Australia and overseas. CRHL, through its two wholly owned subsidiaries holds three exploration licenses, one retention licenses and two retention licenses applications, together they cover a mineralized area of approximately 100 square kilometers near the township of Zeeman in Western Tasmania. As of June 30, 2010, it had two projects: Galaxy Project and Zeehan Project. Its exploration licenses include EL21/2004, EL30/2002, EL20/2002 and EL18/2003. On February 1, 2010, two retention licenses, RL3/2009 and RL4/2009 were granted for an initial period of 2 years. During the fiscal year ended June 30, 2010, CRHL acquired 19.99% interest in Galaxy Resources Limited (Galaxy). In December 2009, CRHL acquired an exploration license EL21/2004 in the Zeehan area near Mount Dundas, Western Tasmania.