The company is a gold explorer. Its main area of interest is the Steiglitz goldfield located about half way between Ballarat and Geelong in Victoria, Australia. Exploration Licence 6164 was granted on the 13th of October 2016 for a period of five years. Subject to various statutory requirements being satisfied, the exploration licence entitles New Hanover Exploration to explore and search for gold and other minerals in the relevant land, but does not entitle the company to undertake mining.