Far Northern Resources Limited (FNR) is a Queensland-based public, unlisted exploration company focused on gold and copper exploration. The company currently holds a majority interest in two resource licences with potential for gold and copper deposits. Over the past three years, FNR's primary activities have centred on the exploration of ML 20380, a mining lease originally held by Premier. Currently, FNR owns 73.6% of this lease, with plans to acquire the remaining 26.4% upon completion of the Offer and the Premier SPA (Share Purchase Agreement), thereby securing full ownership.