IBML is an unlisted Australian mineral exploration company focused on copper in Namibia. Through its wholly-owned Namibian-registered subsidiary, Craton Mining and Exploration (Pty) Ltd (‘Craton’), IBML holds the Omitiomire copper project and a large portfolio of highly-prospective exploration tenements. The company completed a positive pre-feasibility study on the Omitiomire copper project during 2010. The deposit contains a resource in excess of 600,000 tonnes contained copper, with excellent potential for resource expansion. The current drilling programme aims to identify the potential to expand the resource to over 1 million tonnes contained copper.