The group's principal activities are to acquire, explore and develop mineral properties located principally in papua new guinea and panama. The group has interests in the following mineral properties: mt. Kare property and belencillo property located in papua new guinea and is in the exploration stage. The subsidiaries of the group are madison enterprises (Latin America) s.a., madison enterprises (bvi) inc., madison enterprises (png) ltd., frontier mining exploration nl, oakland limited and matu mining limited.