Envirogold Limited (EVG) is an Australia-based company. During the fiscal year ended June 30, 2010 (fiscal 2010), EVG was focused on developing the Las Lagunas Gold Tailings Project in the Dominican Republic, in which it has a 92.5% interest, and the Azuay gold Mining Project in Ecuador, in which it is earning a 65% interest. It operates in two segments, which include Las Lagunas project and others. It is engaged in extraction of gold and silver from refractory ores and tailings utilizing Xstrata Technology's Albion Process. The Company is focused on Latin America. The Company's subsidiaries include EnviroGold (Dominicana) S.A., EnviroGold (International) Limited, EnviroGold (Finance) Inc and EnviroGold (Holdings) Inc. During fiscal 2010, the Company disposed of 30% interest in EnviroGold (Las Lagunas) Limited to Grimston World Inc.