Volcan Holdings, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company intends to explore prospective bauxite deposits in New South Wales and Queensland, Australia. It holds interests in the New England project covering an area of approximately 1000 square kilometers; and the Monaro project covering an area of approximately 3500 square kilometers along the eastern Australian Great Dividing Range, New South Wales.

The company also applied for and been granted licenses to various projects, including the Atherton, Kingaroy, Childers, Pittsworth, South Johnstone, and Ravenshoe, which covers an area of 6,000 square kilometers in Queensland.