Neometals engages in the exploration and development of mineral properties, primarily gold. The company also explores for iron, titanium, vanadium, lithium, nickel, silver, and zinc deposits. Its principal property includes the Meekatharra Gold Project covering a tenement holding of approximately 1,000 square kilometers located in the Murchison District of Western Australia.
The Company was previously known as Reed Resources, and changed its name in December 2014.