Summit Resources, through its subsidiaries, engaged in the exploration and evaluation of uranium projects in Queensland, Australia. It holds interests in approximately 3,965 square kilometers of tenements in 3 project areas located in the city of Mount Isa in northwest Queensland. The company’s principal project is Isa North, which covers approximately 1,460 square kilometers and hosts various uranium prospects, including the Valhalla, Skal, and Bikini deposits. It is also involved in base and precious metals exploration.
In October 2018 Summit's major shareholder Paladin Energy completed a move to full ownership, and Summit was subsequently delisted.