Variscan Mines Limited is engaged in the exploration for economic base and precious metals, and tin and tungsten deposits. The Company's segments include exploration projects funded directly by the Company operating in Australia, and Investments in other companies. The Company operates in various geographical segments of Australia. The Company's primary targets are base metal (copper, lead, zinc and nickel), precious metal (gold and silver), and tin and tungsten deposits. The Company has projects in Curnamona craton region, including Mundi Plains (Teck Australia), Junction Dam (Teck Australia, Marmota Energy and Eaglehawk), Callabonna and Quinyambie (Red Metal) and Hillston (Perilya).