Austral Resources (ASX:AR1) is a copper cathode producer with significant exploration and development upside. The company's operations are located in the Gulf country region of Queensland, where it has a number of tenements and projects at various stages of development. Austral's flagship project is the Anthill Project, which lies within the Lady Annie Project, which is 45km from the Mt Kelly processing facility in Queensland. The company is also exploring other projects in the region, including the Lady Annie Project, the Cameron River Project, and the Miranda Project.