10-K

UNITED STATES   SECURITIES AND EXCHANGE COMMISSION  Washington, D.C. 20549

FORM 10-K

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended   June 30, 2015

or

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from [    ] to [    ]

Commission file number:   000-55276 

VERDE RESOURCES, INC.  (Exact name of registrant as specified in its charter)

Nevada	32-0457838
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
Unit 701, 7/F, The Phoenix, 21-25 Luard Rd, Wanchai, Hong Kong	N/A
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (852) 2152-1223

Securities registered pursuant to Section 12(b) of the Act:

Securities registered pursuant to Section 12(b) of the Act:Title of Each Class	Name of Each Exchange On Which Registered
N/A	N/A

Securities registered pursuant to Section 12(g) of the Act:     Common Stock, $0.001 par value. 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes [   ]     No [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.   Yes [X]     No [  ]  

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days. Yes [X]     No [   ]  

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of   Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registration statement was required to submit and post such files). Yes [X]     No [   ]  

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   [X]  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [   ]	Accelerated filer                   [   ]
Non-accelerated filer   [   ] (Do not check if a smaller reporting company)	Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  

Yes [   ]     No [X]  

The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold of $0.11 (or the average bid and asked price of such common equity) as of the last business day of the registrant’s most recently completed second fiscal quarter, being December 31, 2014, was $8,002,532.

Indicate the number of shares outstanding of each of the registrant's classes of common stock as of the latest practicable date.

91,288,909 as of October 13, 2015

DOCUMENTS INCORPORATED BY REFERENCE

None.

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TABLE OF CONTENTS

		Page
	PART I
Item 1.	Business.	4
Item 1A.	Risk Factors.	11
Item 1B.	Unresolved Staff Comments.	15
Item 2.	Properties.	16
Item 3.	Legal Proceedings.	16
Item 4.	Mine Safety Disclosures	16
	PART II
Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.	17
Item 6.	Selected Financial Data.	18
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations.	18
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk.	21
Item 8.	Financial Statements and Supplementary Data.	22
Item 9.	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.	41
Item 9A.	Controls and Procedures.	41
Item 9B.	Other Information.	41
	PART III
Item 10.	Directors, Executive Officers and Corporate Governance.	42
Item 11.	Executive Compensation.	44
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.	45
Item 13.	Certain Relationships and Related Transactions, and Director Independence.	46
Item 14.	Principal Accounting Fees and Services.	46
	PART IV
Item 15.	Exhibits.	47
	Signatures.	49

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Part I

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses.  Such forward-looking statements include, among others, those statements including the words "expects," "anticipates," "intends," "believes" and similar language.  Our actual results may differ significantly from those projected in the forward-looking statements.  Factors that might cause or contribute to such differences include, but are not limited to, those discussed in the sections "Business," "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations."  You should carefully review the risks described in this Annual Report on Form 10-K and in other documents we file from time to time with the Securities and Exchange Commission.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document.

Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

All references in this Form 10-K to the "Company," "Verde," "we," "us" or "our" are to Verde Resources, Inc.

 Item 1.     Business.

Overview

Verde Resources, Inc. (the "Company" or "VRDR") was incorporated in the State of Nevada on April 22, 2010. The Company conducts business operations in Pahang Malaysia through Champmark Sdn Bhd ("CSB"), a privately limited liability company incorporated in Malaysia which is a deemed subsidiary under the management control of our 100% subsidiary Gold Billion Global Limited ("GBL"), a company incorporated under the laws of the British Virgin Islands.

On October 25, 2013, we entered into an Assignment Agreement For the Assignment of Management Right in Merapoh Gold Mines in Malaysia ("Assignment Agreement") with Federal Mining Resources Limited ("FMR"), a company incorporated under the laws of the British Virgin Islands.

FMR owns 85% equity interest in CSB, a privately limited liability company incorporated in Malaysia. CSB is the Mining Contractor of the Mining Lease for Site IV-1 at the Merapoh Gold Mine under the Contract for Work with MMC Corporation Berhad, the Permit Holder of the Mining Lease.

Under the terms of the Assignment Agreement, FMR has assigned its management rights of CSB's mining operation in the Mining Lease to the Company, through its wholly-owned subsidiary Gold Billion Global Limited ("GBL"), in exchange for 80,000,000 shares of the Company's common stock, which constituted 95.26% of our issued and outstanding capital stock as of and immediately after the consummation of the acquisition.

GBL was formed on February 7, 2013, by the Board of Directors of FMR to monitor the CSB operation. The acquisition of 100% of the issued and outstanding capital stock of GBL was agreed upon on October 18, 2013, and completed on October 25, 2013, subject to the approval of the Board of Directors and the audit of GBL.

On February 17, 2014, we entered into a Supplementary Agreement to the Assignment Agreement and completed a reverse acquisition of GBL pursuant to the Supplementary Agreement. As a result of the acquisition, the Company holds 100% equity interest in GBL and 85% variable interest in CSB. Our consolidated subsidiaries include GBL being our wholly-owned subsidiary and 85% of CSB being a variable interest entity (VIE) and deemed subsidiary of GBL. On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

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Corporate History and Structure

Verde Resources, Inc. was incorporated on April 22, 2010, in the State of Nevada, U.S.A. On October 17, 2013, Stephen Spalding and Michael Stiege resigned from all of their positions as officers and directors of the Company that complies with the requirements of Section 14f-1 of the Exchange Act. The following persons were appointed to serve as directors and to assume the responsibilities of officers on October 17, 2013. Mr. Wu Ming Ding, as President and Director; Mr. Balakrishnan B S Muthu as Treasurer Chief Financial Officer, General Manager and Director; and Mr. Liang Wai Keen as Secretary. Mr. Wu and Mr. Muthu were added to the Board of Directors.

On October 17, 2013, the Company provided written notice to Gold Explorations, LLC, that the Purchase Agreement dated May 17, 2010, amended February 8, 2012, and further amended May 17, 2013 (the "Purchase Agreement"), has been cancelled according to the terms of the Purchase Agreement. By providing this notification, the Company has no further obligations under the Purchase Agreement and has released any interest in the mineral claims located in Esmeralda County, Nevada.

On April 1, 2014, the Board of Directors of Gold Billion Global Limited ("GBL") notified Federal Mining Resources Limited ("FMR") upon the decision to exercise the right of option to purchase 85% equity interest of Champmark Sdn Bhd ("CSB") under Management Agreement Section 3.2.4 dated July 1, 2013, between GBL and FMR. This acquisition was completed on April 1, 2014, with consideration of US$1, and GBL then became 85% shareholder of CSB.

The following diagram illustrates our current corporate structure:

According to ASC 810-05-08 A, CSB is a deemed subsidiary of GBL where GBL controls the Board of Directors of CSB, rights to receive future benefits and residual value, and obligation to absorb loss and finance for CSB. GBL has the power to direct the activities of CSB that most significantly impact CSB's economic performance and the obligation to absorb losses of CSB that could potentially be significant to the CSB or the right to receive benefits from CSB that could potentially be significant to CSB. GBL is the primary beneficiary of CSB because GBL can direct the activities of CSB through the common directors and 85% shareholder FMR. Under 810-23-42, 43, it is determined that CSB is de-facto agent of the principal GBL and so GBL will consolidate CSB from July 1, 2013. On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

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Contractual Arrangements

Our exploration and mining business is currently provided through contractual arrangements with CSB through our wholly-owned subsidiary GBL.

CSB, the VIE of GBL, sells gold minerals directly to the registered gold trading company in Malaysia. We have been and are expected to continue to be dependent on our VIE to operate our exploration and mining business. GBL has entered into contractual arrangements with its VIE, which enable us to exercise effective control over the VIE, receive substantially all of the economic benefits from the VIE, and have the option to purchase equity interests in the VIE.

On July 1, 2013, the Company's subsidiary GBL entered into a series of agreements ("VIE agreements") with FMR and details of the VIE agreements are as follows :

1. Management Agreement, FMR entrusted the management rights of its subsidiary CSB to GBL that include:

i.) management and administrative rights over the day-to-day business affairs of CSB and the mining operation at Site IV-1 of the Merapoh Gold Mine;

ii.) final right for the appointment of members to the Board of Directors and the management team of CSB;

iii.) act as principal of CSB;

iv.) obligation to provide financial support to CSB;

v.) option to purchase an equity interest in CSB;

vi.) entitlement to future benefits and residual value of CSB;

vii.) right to impose no dividend policy;

viii.) human resources management.

2. Debt Assignment, FMR assigned to GBL the sum of money in the amount of three hundred nine thousand three hundred thirty one dollars and ninety-two cents (US$ 309,331.92), now due to GBL from CSB under the financing obligation from the FMR to CSB.

With the above agreements, GBL demonstrates its ability to control CSB as the primary beneficiary and the operating results of the VIE was included in the condensed consolidated financial statements for the year ended June 30, 2014.

CSB holds the operating right to Merapoh Gold Mine (the "Mine") with all regulatory and government operating licenses in Malaysia.

On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

Stage Of Operation

The Company does not own any title and/or concession right in any mines. The Company is undertaking natural mineral resource extraction management services. The Company expects to hire a mine management team to supervise the mineral resource extraction activities to ensure that the operations can be carried out without significant problems.

According to the United States Industry Guide 7 (a) (4) on mining operations, the Merapoh Gold Mine is currently in the production stage because the mine has produced approximately 22 kilogram gold from July 2014 to June 2015. According to the ASC 930-330-20 Glossary, the production phase is defined as "when saleable minerals are extracted (produced) from an ore body, regardless of the level of production". However, the production is limited to a small part of the site, and extraction is alluvial gold only. The objective of the Company is preparing to improve the productivity of the mines to ensure that the operation will be carried out effectively and efficiently at minimum cost.

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Current Mining Property and Location

Merapoh Gold Mine (the "Mine")

The Merapoh Gold Mine is located in northern Pahang, with convenient road access through Kelantan directly to the mine site and is about 400 kilometers away from Kuala Lumpur. The Mine is located in the middle of Malaysia's gold metallogenic belt. The central gold belt is the source of the majority of the gold deposits in the peninsula. It lies between the western and eastern tin belts and extends from Kelantan (Sungai Pergau, Sungai Galas) to Pahang (Merapoh, Kuala Lipis, Raub), Terengganu (Lubuk Mandi), Negri Sembilan and Johor (Gunung Ledang).

Mine Area:

Site IV-1 of the Merapoh Gold Mine consists of a mining area of 400 acres with mining lease.

Location and Access:

The Merapoh Gold Mine is about 280km from Kuala Lumpur, and 50km from Kuala Lipis, the former state capital of Pahang, accessible via secondary paved highways with a new major highway under construction expected to be complete d in 2018. The geological coordinates of the mine are 101 ° 58 ′ , 4 ° 35 ′ ,

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Type of Claim:

Champmark Sdn Bhd, the subsidiary of Gold Billion Global Limited, is the Mining Contractor of the Mining Lease for Site IV-1 of the Merapoh Gold Mine under the Contract for Work with MMC Corporation Berhad, the Permit Holder of the Mining Lease.

Identifying Information of the Merapoh Gold Mine:

Mining Right:

Mining Lease No.:  ML 08/2008

Operational Mining Scheme No.:   JMG.PHG.(M)24/2014/11(Au)

Concession Period: From April 4, 2014 to April 3, 2015

Regional Geology:

The Malaysia Central Gold Belt runs along the entire backbone of Peninsular Malaysia, extending further to the north. It was formed between the Sibumasu block in the west and Manabor block in the east that runs along major mineral deposits in Thailand, Myanmar and China. The regional gold deposits were made of Epithermal deposits that formed in a series of volcanic environment, where the tensional fractures along the subduction zone allows the intrusion of mineral rich acidic magma within deep faults.

Rock Formations and Mineralization:

Site IV-1 of the Merapoh Gold Mine covers an area of 400 acres with mineralization structure being Permian limestone dominating the South-East portion, felsic volcanic tuff in the Western portion of the area and intrusive dacite rock to the north-west of the area. Tectonic contact within the sheer zone of creates epithermal mineralization, forming mineral rich vein along the contact zone. The mineralized zone is made of highly altered tuffacaous rock with abundant pyrite dissemination and moderately spaced quartz vein.

Work Completed and Present Condition:

Lode gold exploration on Site IV-1 has commenced since 2011 and still in progress with both in-house drilling team and third party drilling services running in parallel to expedite data collection to generate a comprehensive JORC compliant gold reserve report.

Equipment, Infrastructure and Other Facilities of the Merapoh Gold Mine:

Parlongs

These are basic production plants and the processing method employed five high powered manual water gun, angled water buffering control and 5-lane carpeted sluice with lateral barriers. The processing capacity is between 40 - 45 tons per hour.

OPS 1

This is a modified production plant and the processing method employed four high powered manual water guns, tapered rotating screen scrubber, angled water flow buffering and 3-lane carpeted sluice with lateral barriers. The processing capacity is between 30 - 35 tons per hour.

GS 150

This is a non-self-propelled mobile production plant and the processing method employed fixed spray guns, 6m x 2m rotating screen scrubber, 6-lane carpeted sluice with lateral barriers and conveyer belt pebble dispenser. The processing capacity is between 25 - 30 tons per hour.

GS 120

This is a self-propelled mobile plant with concentrator and the processing method employed fixed spray guns, 4m x 3m rotating screen scrubber, fixed screen, conveyer belt pebble dispenser and triple concentrator processor. The processing capacity is between 15 - 20 tons per hour.

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Description of Processing Facilities:

Process for removing ore concentrates from the ore body

1.	The ore body is transported to the treatment plants in vehicles capable of hauling huge, heavy loads.
2.	The ore body is separated into Ore Type 1 Stockpile and Ore Type 2 Stockpile.
3.	The monitor washes finer gold bearing material off larger rocks which is screened on an inclined coarse wire screen.
4.	An excavator is used to turn over the rocks so wash is removed from all sides of the coarse material.
5.	A monitor pushes the rock down the inclined coarse screen where the course is removed and stockpiled at the bottom.
6.	Finer material passes through the mesh screen into the sluice system and runs over the sluice.
7.	The carpets are removed and taken to refining facility for gold recovery.
8.	A suction pipe recovers water of the fine tailings pond for use in the system.

Refining of the concentrate

1.	The carpets holding concentrate from the sluice are brought to a shed in the camp site where the gold is refined.
2.	The first stage of the refining is to wash the gold containing concentrate into large bins. This is pumped to a jig and shaking table.
3.	Nuggets are handpicked from the coarse fraction and the fine fraction is amalgamated to remove the gold. After distillation, gold from the amalgam and the coarse are melted with flux and the gold is poured into small bars.

Current State of Exploration:

As of the date of this report, the Merapoh Gold Mine property is without known reserves.

The Merapoh Gold Mine commenced exploratory operation in alluvia mining and achieved its first gold pour in July 2011. Through the years of operation, the Company has performed ongoing exercises to improve upon the matching of processing method with the types of ore in order to optimize cost to recovery ratio. In July 2013, production was outsourced to a reputable subcontractor, and developed a resource management system to match ore against processes to achieve the most cost efficient and highest recovery production procedure.

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Gold ore extraction of the Merapoh Gold Mine for the twelve months ended June 30, 2015, was approximately 207,600 tons of gold ore or a monthly average of 17,300 tons (using a 12-month average), with an average gold grade of 0.106 g/t. Gold concentrate sold for the twelve months ended June 30, 2015, was approximately 22.01 kg. The production level, in units of daily tonnage of raw mineral rocks extracted, averaged 568 tons/day (12-month average) during the fiscal year 2015.

The Merapoh Gold Mine is currently at the production stage. In the effort to expand production capacity, the Company intends to purchase more vehicles, machineries and equipment as well as to conduct feasibility studies for exploration of alluvial and lode gold resources.

Subcontractors

In an effort to enhance the efficiency of mine operations at the Merapoh Gold Mine, Champmark Sdn Bhd ("CSB") entered into an Operation Term Sheet ("OTS") agreement in July 2013 to outsource the exploitation works of alluvial gold resources at Site IV-1 of the Merapoh Gold Mine to a third party subcontractor Borneo Oil & Gas Corporation Sdn Bhd ("BOG"). However, BOG became the Company's shareholder in January 29, 2014 and was no longer a third party subcontractor.

BOG has the experience and local knowledge in managing the exploitation of alluvial gold at the Merapoh Gold Mine. The Company currently intends to continue to outsource the exploitation of alluvial gold at our mine site to BOG as our third party subcontractor. The Company will provide necessary disclosure when any significant agreements have been made with the sub-contractor in the future.  

Number of Employees    

The Company had 14 employees during the year from July 1, 2014 to June 30, 2015.

Reports to Security Holders    

The public may read and copy any materials filed with the SEC at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549.  The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330.  The Company files its reports electronically with the SEC.  The SEC maintains an Internet site that contains reports, proxy and information statements, and other electronic information regarding New Media and filed with the SEC at http://www.sec.gov.

Change of Control

On October 25, 2013, the Company entered into an Assignment Agreement For the Assignment of Management Right ("AAMA") in Merapoh Gold Mines in Malaysia with Federal Mining Resources Limited ("FMR").  Under the terms of the Agreement and relevant subsequent Supplemental Agreement, FMR assigned its management rights to the Company Board of Directors of FMR agreed to transfer 1 share common stock of Gold Billion Global Limited ("GBL") which represented all shares of common stock of GBL owned by the Investor, and the Company's Board of Directors agreed to issue 80,000,000 million shares of common stock in full value as consideration. At the time of closing under the AAMA, the Investor transferred 100% ownership of GBL shares to the Company, and the Company issued 80,000,000 million shares of common stock to the shareholders of FMR in exchange for the GBL Shares. The effect of the transaction was to make GBL and its deemed subsidiaries become wholly-owned and 85.00% owned subsidiaries of the Company, and to cause a change of control of GBL. Following the closing, there was a change of control in the Company.

The Transaction was accounted for as a "reverse merger," since FMR owned a majority of the outstanding shares of VRDR's common stock immediately following the execution of the transaction.  The Company was deemed to be the accounting acquirer in the reverse merger. Consequently, the assets and liabilities and the historical operations that were reflected in the financial statements for periods prior to the transaction were those of the Company and its deemed subsidiaries, and were recorded at the historical cost basis of the Company. After completion of the transaction, the Company's consolidated financial statements were include the assets and liabilities of the Company and its subsidiaries, the historical operations of the Company and its subsidiaries, and the operations of the Company and its subsidiaries from the closing date of the transaction.

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Item 1A.   Risk Factors

Risks Associated With Verde Resources, Inc.

We are dependent on certain key personnel and loss of these key personnel could have a material adverse effect on our business, financial condition and results of operations.

Messrs. Wu Ming Ding, our principal executive officer, and Balakrishnan Muthu, our principal financial officer, have extensive contacts and experience in the gold exploration and natural resource industry in Malaysia, and we are dependent upon their abilities and services to develop and market our business. They are responsible for overseeing all of our day-to-day business operations of our operating company, CSB, and its subsidiaries and VIEs, including the mining operations and negotiations for the sales of any gold concentrates extracted. We may not be able to retain these executive officers/managers for any given period of time. The loss of their services could have a material adverse effect upon our business operations, financial condition and results of operations. In addition, we must attract, recruit and retain a sizeable workforce of technically competent employees in Malaysia to run our mining operations. Our ability to effectively implement our proposed business strategies and expand our operations will depend upon the successful recruitment and retention of additional highly skilled and experienced management and other key personnel in Malaysia. If we cannot maintain highly experienced and skilled management teams, our business could fail and you could lose any investment you make in our shares.

Since our business consists of managing gold mining projects, the drop in the price of gold would negatively impact our asset values, cash flows, potential revenues and profits.

We plan to pursue opportunities in properties with gold mineralized material or reserves with exploration potential. Our potential future revenues are expected to be derived from the production and sale of gold from these properties, or from the sale of some of these properties. The value of any gold reserves or other mineralized materials, and the value of any potential mineral production will vary in direct proportion to changes in those mineral prices. The price of gold has fluctuated widely as a result of numerous factors beyond our control. The effect of these factors on the price of gold and other minerals, and therefore the economic viability of any of our projects, cannot accurately be predicted. Any drop in the price of gold and other minerals we may produce would negatively affect our asset values, cash flows and potential revenues and profits.

We may not be able to find commercially viable reserves.

Mineral exploration and development involve a high degree of risk and few properties that are explored are ultimately developed into producing mines. The reserve estimates, if any, are based only on prefeasibility studies that are inherited with the following drawbacks:

- Limited amount of drilling completed to date;

- The process testing is limited to small pilot plants and bench scale testing;

- Difficulty in obtaining expected metallurgical recoveries when scaling up to production scale from pilot plant scale;

- Preliminary nature of the mine plans and processing concepts;

- Preliminary nature of operating and capital cost estimates

- Metallurgical flow sheets and recoveries still in development;

- Limited history of prefeasibility studies that might be underestimating capital and operating costs.

We cannot assure that any future mineral exploration and development activities will result in any discoveries of proven or probable reserves as defined by the SEC. Further, we cannot provide any assurance that, even if we discover commercial quantities of mineralization, a mineral property will be brought into commercial production. Development of our mineral property will follow only upon obtaining sufficient funding and satisfactory exploration results.

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Estimates of mineral reserves and of mineralized material are inherently forward-looking statements, subject to error, which could force us to curtail or cease our business operations.

Estimates of mineral reserves and of mineralized materials are inherently forward-looking statements subject to error. Unforeseen events and uncontrollable factors can have significant adverse impacts on the estimates. Actual conditions inherently differ from estimates. The unforeseen adverse events and uncontrollable factors may include: geologic uncertainties including inherent sample variability, metal price fluctuations, fuel price increases, variations in mining and processing parameters, and adverse changes in environmental or mining laws and regulations. The timing and effects of variances from estimated values cannot be predicted.

- Geologic Uncertainty and Inherent Variability: Estimated reserves and additional mineralized materials are generally derived from appropriately spaced drilling to provide a high degree of assurance in the continuity of the mineralization; however, there is generally variability between duplicate samples taken adjacent to each other and between sampling points that cannot be reasonably eliminated. There are also unknown geologic details that are not always identified or correctly appreciated at the current level of delineation. This results in uncertainties that cannot be reasonably eliminated from the estimation process. Some of the resulting variances can have a positive effect, and others can have a negative effect on mining operations. Acceptance of these uncertainties is part of any mining operation.

- Gold Price Variability: The prices for gold fluctuate in response to many factors beyond any ability to predict. The prices used in making the reserve estimates are disclosed and differ from daily prices quoted in the news media. The percentage change in the price of a metal cannot be directly related to the estimated reserve quantities, which are affected by a number of additional factors. For example, a ten percent (10%) change in price may have little impact on the estimated reserve quantities and affect only the resultant positive cash flow, or it may result in a significant change in the amount of reserves. Because mining occurs over a number of years, it may be prudent to continue mining for some period during which cash flows are temporarily negative for a variety of reasons, including a belief that the low price is temporary and/or the greater expense would be incurred in closing a property permanently.

- Fuel Price Variability: The cost of fuel can be a major variable in the cost of mining; one that is not necessarily included in the contract mining prices obtained from mining contractors, but is passed on to the overall cost of operation. Future fuel prices and their impact are difficult to predict, but an increase in prices could force us to curtail or cease our business operations.

- Variations in Mining and Processing Parameters: The parameters used in estimating mining and processing efficiency are based on testing and experience with previous operations at the properties or on operations at similar properties. Various unforeseen conditions can occur that may materially affect the estimates. In particular, past operations indicate that care must be taken to ensure that proper ore grade control is employed and that proper steps are taken to ensure that the leaching operations are executed as planned. Unforeseen difficulties may occur in our current or future operations which would force us to curtail or cease our business operations.

- Changes in Environmental and Mining Laws and Regulations: Our reserve estimates contain cost estimates based on compliance with current laws and regulations in Malaysia. While there are no currently known proposed changes in these laws or regulations, significant changes have affected past operations of mining companies in Malaysia, and if additional changes do occur in the future, we may or may not be able to comply with them and continue our operations.

We may not be able to successfully compete with other mineral exploration and mining companies.

We compete with other mineral exploration and mining companies or individuals, including large, well established mining companies with substantial capabilities and financial resources in Malaysia, to research and acquire rights to mineral properties containing gold and other minerals. There is a limited supply of desirable mineral lands available for claim staking, lease or other acquisition in Malaysia. We do not know if we will be able to successfully acquire any prospective mineral properties against competitors with substantially greater financial resources than we have. If we cannot successfully acquire other mining properties to manage and explore and generally expand our business operations, our results of operations, financial condition and future revenues could be reduced and you could suffer a loss of any investment made in our shares.

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We are subject to the many risks of doing business internationally, including but not limited to the difficulty of enforcing liabilities in foreign jurisdictions.

We are a Nevada corporation and, as such, are subject to the jurisdiction of the State of Nevada and the United States courts for purposes of any lawsuit, action or proceeding by investors. An investor would have the ability to effect service of process in any action against the Company within the United States. In addition, we are registered as a foreign corporation doing business in Malaysia, and as such, are subject to the local laws of Malaysia governing an investors' ability to bring actions in foreign courts and enforce liabilities against a foreign private issuer, or any person, based on U.S. federal securities laws. Generally, a final and conclusive judgment obtained by investors in U.S. courts would be recognized and enforceable against us in the Malaysia courts having jurisdiction without re-examination of the merits of the case.

Investors may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing original actions in Malaysia based upon U.S. laws, including the federal securities laws or other foreign laws against us or our management.

All of our current operations are conducted in Malaysia, and all of our directors and officers are nationals and residents of Malaysia and other foreign countries. All or substantially all of the assets of these persons are located outside the United States and in other foreign countries. As a result, it may not be possible to effect service of process within the United States or elsewhere outside Malaysia upon these persons. In addition, uncertainty exists as to whether the courts of Malaysia would recognize or enforce judgments of U.S. courts obtained against us or such officers and/or directors predicated upon the civil liability provisions of the securities laws of the United States or any state thereof, or be competent to hear original actions brought in Malaysia against us or such persons predicated upon the securities laws of the United States or any state thereof.

Failure to comply with the United States Foreign Corrupt Practices Act could subject us to penalties and other adverse consequences.

We are subject to the United States Foreign Corrupt Practices Act, which generally prohibits U.S. companies from engaging in bribery or other prohibited payments to foreign officials for the purpose of obtaining or retaining business. In addition, we are required to maintain records that accurately and fairly represent our transactions and have an adequate system of internal accounting controls. Foreign companies, including some that may compete with us, are not subject to these prohibitions, and therefore may have a competitive advantage over us. Our executive officers and employees have not been subject to the United States Foreign Corrupt Practices Act prior to 2010. If our employees or other agents are found to have engaged in such practices, we could suffer severe penalties and other consequences that may have a material adverse effect on our business, financial condition and results of operations.

Mining risks and insurance could negatively effect on our profitability.

The business of mining for gold is generally subject to a number of risks and hazards including environmental hazards, industrial accidents, labor disputes, unusual or unexpected geological conditions, pressures, cave-ins, changes in the regulatory environment, and natural phenomena such as inclement weather conditions, floods, blizzards and earthquakes. At the present time, we have in effect statutory required social insurance for all employees and mine workers. There is currently no other insurance in place for the mining site and management, and even if we were to purchase additional insurance, we cannot be sure that such insurance would be available to us, or that we could afford the premiums. Insurance coverage may not continue to be available or may not be adequate to cover any resulting liability. In addition, insurance against risks such as environmental pollution or other hazards as a result of exploration and production is not generally available to companies in the mining industry on acceptable terms. We might also become subject to liability for pollution or other hazards which we may not be insured against, or which we may elect not to insure against, because of premium costs or other reasons. Any losses from any of these events may cause us to incur significant costs that could have a material adverse effect upon our financial performance and results of operations, which could negatively impact any investment you make in our shares.

13

If we fail to maintain effective internal controls over financial reporting, the price of our common stock may be adversely affected.

Malaysian companies may not always adopt a Western style of management and financial reporting concepts and practices, which includes strong corporate governance, internal controls and computer, financial and other control systems. In addition, we may have difficulty in hiring and retaining a sufficient number of qualified employees to work in Malaysia. As a result of these factors, we may experience difficulty in establishing management, legal and financial controls, collecting financial data and preparing financial statements, books of account and corporate records and instituting business practices that meet Western standards for foreign subsidiaries. As a result, we may experience difficulties in implementing and maintaining adequate internal controls as required under Section 404 of the Sarbanes-Oxley Act of 2002. This could result in significant deficiencies or material weaknesses in our internal controls, which could impact the reliability of our financial statements and prevent us from complying with SEC rules and regulations and the requirements of the Sarbanes-Oxley Act of 2002. Any actual or perceived weaknesses and conditions that need to be addressed in our internal control over financial reporting, disclosure of management's assessment of our internal controls over financial reporting or disclosure of our public accounting firm's attestation to or report on management's assessment of our internal controls over financial reporting may have an adverse impact on the price of our common stock.

Changes in interest rates could negatively impact our results of operations, stockholders' equity (deficit) and fair value of net assets.

Our investment activities and credit guarantee activities expose us to interest rate and other market risks. Changes in interest rates, up or down, could adversely affect our net interest yield. Although the yield we earn on our assets and our funding costs tend to move in the same direction in response to changes in interest rates, either can rise or fall faster than the other, causing our net interest yield to expand or compress. For example, due to the timing of maturities or rate reset dates on variable-rate instruments, when interest rates rise, our funding costs may rise faster than the yield we earn on our assets. This rate change could cause our net interest yield to compress until the effect of the increase is fully reflected in asset yields. Changes in the slope of the yield curve could also reduce our net interest yield.

Interest rates can fluctuate for a number of reasons, including changes in the fiscal and monetary policies of the federal government and its agencies, such as the Federal Reserve. Federal Reserve policies directly and indirectly influence the yield on our interest-earning assets and the cost of our interest-bearing liabilities. The availability of derivative financial instruments (such as options and interest rate and foreign currency swaps) from acceptable counterparties of the types and in the quantities needed could also affect our ability to effectively manage the risks related to our investment funding. Our strategies and efforts to manage our exposures to these risks may not be effective in the future, which could negatively impact our results of operations and the price of our common stock.

The audit report included in our Annual Report was prepared by auditors who are not inspected by the Public Accounting Oversight Board (“PCAOB”) and as a result, our shareholders are deprived of the benefit of having PCAOB inspections. 

The independent registered public accounting firm that issues the audit reports included in our annual reports filed with the SEC, as auditors of companies that are traded publicly in the United States and a firm registered with the Public Company Accounting Oversight Board (United States), or the “PCAOB”, is required by the laws of the United States to undergo regular inspections by the PCAOB to assess its compliance with the laws of the United States and professional standards. Because our auditors are located in Hong Kong SAR, a jurisdiction where the PCAOB is currently unable to conduct inspections without the approval of the Hong Kong authorities, our auditors are not currently inspected by the PCAOB.  

Inspections of other firms that the PCAOB has conducted outside Hong Kong SAR have identified deficiencies in those firms' audit procedures and quality control procedures, which may be addressed as part of the inspection process to improve future audit quality. The inability of the PCAOB to conduct inspections in Hong Kong SAR prevents the PCAOB from regularly evaluating our auditor's statements, audits and quality control procedures. As a result, investors may be deprived of the benefits of PCAOB inspections.  

The inability of the PCAOB to conduct inspections of auditors in Hong Kong SAR makes it more difficult to evaluate the effectiveness of our auditor's quality control and audit procedures as compared to auditors outside of Hong Kong SAR that are subject to PCAOB inspections. Investors may lose confidence in our reported financial information and procedures and the quality of our financial statements.

We may be exposed to risks relating to management’s conclusion that our disclosure controls and procedures and internal controls over financial reporting are ineffective.

We do not have an independent audit committee and our Board of Directors may be unable to fulfill the functions of such a committee, which may compromise the management of our business.  Our Board of Directors functions as our audit committee and is comprised of two directors, none of whom are considered to be "independent" in accordance with the requirements of Rule 10A-3 under the Securities Exchange Act of 1934. An independent audit committee plays a crucial role in the corporate governance process, assessment of the Company's processes relating to its risks and control environment, oversight of financial reporting, and evaluation of internal and independent audit processes. The lack of an independent audit committee may prevent the Board of Directors from being independent in its judgments and decisions and its ability to pursue the committee's responsibilities, which could compromise the management of our business. 

14

Risks Associated with Our Common Stock

Our shares are defined as "penny stock." The rules imposed on the sale of the shares may affect your ability to resell any shares you may purchase, if at all.

Our shares are defined as a "penny stock" under the Securities and Exchange Act of 1934, and rules of the Commission.  The Exchange Act and such penny stock rules generally impose additional sales practice and disclosure requirements on broker-dealers who sell our securities to persons other than certain accredited investors who are, generally, institutions with assets in excess of $5,000,000 or individuals with net worth in excess of $1,000,000 or annual income exceeding $200,000, or $300,000 jointly with spouse, or in transactions not recommended by the broker-dealer.  For transactions covered by the penny stock rules, a broker-dealer must make a suitability determination for each purchaser and receive the purchaser's written agreement prior to the sale.  In addition, the broker-dealer must make certain mandated disclosures in penny stock transactions, including the actual sale or purchase price and actual bid and offer quotations, the compensation to be received by the broker-dealer and certain associated persons, and deliver certain disclosures required by the Commission.  Consequently, the penny stock rules may affect the ability of broker-dealers to make a market in or trade our common stock, and may also affect your ability to resell any shares you may purchase.

Market for penny stock has suffered in recent years from patterns of fraud and abuse

Stockholders should be aware that, according to SEC Release No. 34-29093, the market for penny stocks has suffered in recent years from patterns of fraud and abuse.  Such patterns include:

· Control of the market for the security by one or a few broker-dealers that are often related to the promoter or issuer;

· Manipulation of prices through prearranged matching of purchases and sales and false and misleading press releases;

· Boiler room practices involving high-pressure sales tactics and unrealistic price projections by inexperienced salespersons;

· Excessive and undisclosed bid-ask differential and markups by selling broker-dealers; and,

· The wholesale dumping of the same securities by promoters and broker-dealers after prices have been manipulated to a desired level, along with the resulting inevitable collapse of those prices and with consequential investor losses.

Our management is aware of the abuses that have occurred historically in the penny stock market.  Although we do not expect to be in a position to dictate the behavior of the market or of broker-dealers who participate in the market, management will strive within the confines of practical limitations to prevent the described patterns from being established with respect to our securities.  The occurrence of these patterns or practices could increase the volatility of our share price.

Inability and unlikelihood to pay dividends

To date, we have not paid, nor do we intend to pay in the foreseeable future, dividends on our common stock, even if we become profitable.  Earnings, if any, are expected to be used to advance our activities and for general corporate purposes, rather than to make distributions to stockholders.  Prospective investors will likely need to rely on an increase in the price of Company stock to profit from his or her investment.  There are no guarantees that any market for our common stock will ever develop or that the price of our stock will ever increase. 

Since we are not in a financial position to pay dividends on our common stock and future dividends are not presently being contemplated, investors are advised that return on investment in our common stock is restricted to an appreciation in the share price.  The potential or likelihood of an increase in share price is questionable at best.

 Item 1B.   Unresolved Staff Comments.

None.

15

Item 2.      Properties.

We do not currently own any properties.

On October 25, 2013, we entered into an Assignment Agreement For the Assignment of Management Right in Merapoh Gold Mines in Malaysia ("Assignment Agreement") with Federal Mining Resources Limited ("FMR"), a company incorporated under the laws of the British Virgin Islands.

FMR owns 85% equity interest in Champmark Sdn Bhd ("CSB"), a privately limited liability company incorporated in Malaysia. CSB is the Mining Contractor of the Mining Lease for Site IV-1 at the Merapoh Gold Mine under the Contract for Work with MMC Corporation Berhad, the Permit Holder of the Mining Lease.

Under the terms of the Assignment Agreement, FMR assigned its management rights of CSB's mining operation in the Mining Lease to the Company, through its wholly-owned subsidiary Gold Billion Global Limited ("GBL"), in exchange for 80,000,000 shares of the Company's common stock, which constituted 95.26% of our issued and outstanding capital stock as of and immediately after the consummation of the acquisition.

On April 1, 2014, the Board of Director of Gold Billion Global Limited ("GBL") notified Federal Mining Resources Limited ("FMR") upon the decision to exercise the right of option to purchase 85% equity interest of Champmark Sdn Bhd ("CSB") under Management Agreement Section 3.2.4 dated July 1, 2013, between GBL and FMR. The original agreement was filed with SEC as ex10-2.htm of Form 8K on February 20, 2014. This acquisition was completed on April 1, 2014, with consideration of US$1. GBL then became 85% shareholder of CSB.

As at June 30, 2015, the property and equipment owned by CSB are summarized, at net book values as follows:

Land and Building	$	85,970
Plant and Machinery	$	45,146
Office equipment	$	4,188
Project equipment	$	291,775
Computer	$	1,250
Motor Vehicle	$	49,896
	$	478,225

Item 3.      Legal Proceedings.

None

Item 4.      Mine Safety Disclosures.

Pursuant to Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (" Dodd-Frank Act "), issuers that are operators, or that have a subsidiary that is an operator, of a coal or other mine in the United States are required to disclose in their periodic and annual reports filed with the SEC information regarding specified health and safety violations, orders and citations, related assessments and legal actions, and mining-related fatalities under the regulation of the Federal Mine Safety and Health Act of 1977.  The Company did not have any mines in the United States during the year ended June 30, 2015.

16

PART II

Item 5.      Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Market Information

Our common stock is now quoted on the OTCQB, under the symbol "VRDR".  Our stock was approved for quotation on the OTCBB on September 26, 2012.  However, the Company's common stock did not begin active trading until October, 2013.

The following table sets forth the high and low bid prices for our common stock per quarter as reported by the OTCBB since trading began October 7, 2013, based on our fiscal year end June 30, 2015. These prices represent quotations between dealers without adjustment for retail mark-up, markdown or commission, and may not represent actual transactions.

Fiscal Quarter Ended	High		Low
December 31, 2014	$	2.99	$	0.88
March 31, 2015	$	1.47	$	0.81
June 30, 2015	$	1.49	$	0.25

As of October 13, 2015, we had 28 shareholders of record of our common stock and 91,288,909 shares issued and outstanding.

Dividend Policy

We have not paid any cash dividends on our common stock and have no present intention of paying any dividends on the shares of our common stock. Our current policy is to retain earnings, if any, for use in our operations and in the development of our business. Our future dividend policy will be determined from time to time by our board of directors.

Equity Compensation Plan Information

None.

Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities

We did not sell any equity securities which were not registered under the Securities Act during the year ended June 30, 2015, that were not otherwise disclosed on our quarterly reports on Form 10-Q or our current reports on Form 8-K filed during the year ended June 30, 2015.

On October 25, 2013, the Company issued 80,000,000 common shares at par value under the terms of the Assignment Agreement whereby FMR will assign its management rights of CSB's mining operation in the Mining Lease to VRDR, through its wholly-owned subsidiary GBL, in exchange for 80,000,000 shares of the Company's common stock.

On November 11, 2013, the Company issued 75,000 common shares at US$1.75 per share to Marketing Management International, LLC ("MMI"), a Florida Limited Liability Company, under the terms of the Consulting Agreement for the engagement of its consulting services.

On January 29, 2014, the Company issued a total of 643,229 common shares for $665,238, of which 288,288 common shares at US$1.25 per share, 183,661 common shares at US$0.83 per share and 171,280 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On March 10, 2014, the Company issued a total of 693,180 common shares for $609,756, of which 179,340 common shares at US$0.85 per share and 513,840 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On January 21, 2015, the Company issued 5,900,000 common shares at US$0.05 per share to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Consultant Agreement for the additional services of its sub-contractor.

Purchase of Equity Securities by the Issuer and Affiliated Purchasers

We did not purchase any of our shares of common stock or other securities during our fourth quarter of our fiscal year ended June 30, 2015.

17

Item 6.      Selected Financial Data.

As a "smaller reporting company," we are not required to provide the information required by this Item.

Item 7.      Management's Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion should be read in conjunction with our audited financial statements and the related notes that appear elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this annual report, particularly in the section entitled "Risk Factors" of this annual report.

Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

18

Results of Operations

We have generated $831,339 and $1,260,002 revenues for the year ended June 30, 2015 and 2014, respectively, and have recorded a gross loss of $731,989 and $924,244 for the year ended June 30, 2015 and 2014. We have incurred $803,741and $482,853 in operating expenses through June 30, 2015 and June 30, 2014. We have other income $38,014 and $116,303 for the year ended June 30, 2015 and 2014.

The following table provides selected financial data about our company for the year ended June 30, 2015 and June 30, 2014. 

Statement of Operation	June 30, 2015		June 30, 2014		Change
	Amount		Amount		%
Revenue	$	831,339	$	1,260,002		(34	)
Cost of revenue	$	1,563,328	$	2,184,246		(28	)
Gross Loss	$	731,989	$	924,244		(21	)
Operating Expenses	$	803,741	$	482,853		66
Other Income	$	38,014	$	116,303		(67	)

The revenue derived from the sales of gold mineral to customers in Malaysia.  The decrease of revenue for the period ended June 30, 2015 was mainly due to a decrease in gold production and gold sales during the period.  Operating expenses comprised mainly of salaries cost, office costs, legal and professional fees and travelling expenses.  The increase in operating expenses for the year was due to the increase in legal and professional fees and administration expenses.

Plan of Operation

Our Industry and Principal Markets

Based on the forecast of Business Monitor International, a leading independent proprietary data provider, Malaysia's mining industry is anticipated to reach US$38.7bn by 2017, growing at an annual average rate of 2.5% from 2011 levels. The bulk of this growth will be led by the country's nascent gold mining sector, which has attracted a number of foreign investors in recent years. Our mineral exploration activities are subject to extensive national and local government regulations in Malaysia, which regulations may be revised or expanded at any time. Generally, compliance with these regulations requires the company to obtain the permits issued by government regulatory agencies. Certain permits require periodic renewal or review of their conditions. Malaysia provides an attractive mining legislative environment for foreign investors, but there is the risk that these laws will change once the country is able to attract enough foreign money.

19

Subcontractor

In an effort to enhance the efficiency of mine operations at the Merapoh Gold Mine, Champmark Sdn Bhd ("CSB") entered into an Operation Term Sheet ("OTS") agreement in July 2013, to outsource the exploitation works of alluvial gold resources at Site IV-1 of the Merapoh Gold Mine to a third party subcontractor Borneo Oil & Gas Corporation Sdn Bhd ("BOG").

BOG has the experience and local knowledge in managing the exploitation of alluvial gold at the Merapoh Gold Mine. The Company currently intends to continue to outsource the exploitation of alluvial gold at our mine site to BOG as our third party subcontractor. The Company will provide necessary disclosure when any significant agreements have been made with the sub-contractor in the future.

BOG became the Company's shareholder in January 29, 2014 and was no longer a third party subcontractor.

Expansion Plans

At present, we are well positioned working with our third party subcontractor, who has the experience and local knowledge, in managing our exploitation of alluvial gold at the Merapoh Gold Mine. The Company believes that there are excellent growth opportunities for its business outside of Malaysia. We are constantly exploring for potential acquisition of mining projects in other parts of the world.

The Company is currently operating the gold mining operation at a small scale and is still in its initial stages to expand the production capacity of the gold mining operation. The Company has purchased a number of units of vehicles such as excavators, wheel loader, mobile mining equipment, motor vehicles and trucks for the mining of alluvial gold at the Mining Area. In the effort to expand production capacity, the Company intends to purchase more vehicles, machineries and equipment as well as to conduct feasibility studies for exploration of alluvial and lode gold resources.

As our business is affected by the fluctuations of gold prices, the Company intends to diversify its product line by acquiring mining projects with potential for different mineral resources other than gold. We are holding discussions with other mining companies for potential collaboration to carry out exploration and exploitation works on other mineral resources in Southeast Asia regions.

Limited Operating History; Need for Additional Capital

There is limited historical financial information about us upon which to base an evaluation of our performance.  We cannot guarantee we will be successful in our business operations.  Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

We have no assurance that future financing will be available to us on acceptable terms.  If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations.  Equity financing could result in additional dilution to existing shareholders.

20

Liquidity and Capital Resources

The following table provides selected cash flow data about our company for the year ended June 30, 2015 and 2014. 

Cash Flow Date	June 30, 2015			June 30, 2014
Net Loss from operation	$	1,497,716		$	1,290,794
Net Cash Generated/(Used) from operating activities	$	(322,244	)	$	(1,613,072	)
Net Cash Generated/(Used) from investing activities	$	76,456		$	162,394
Net Cash Generated/(Used) from financing activities	$	39,642		$	1,506,133

For the year ended June 30, 2015, the Company had incurred net loss from operation of $1,497,716 which posted a negative impact to the company's cash flow.  The reconciliation on non-cash items such as depreciation and proceeds from disposal of plant and equipment all provide negative impact on cash.

In the operation analysis, the net cash used in operating activities decreased from $1,613,072 to $322,244 for the year ended June 30, 2014 and 2015, respectively.  The total of $1,514,712 from operation loss of $1,497,716 plus $16,996 gain on disposal of fixed assets were partially offset by the noncash expenses such as $564,117 in depreciation and $295,000 in noncash issuance of common stock.  In the operating assets and liabilities, the net increase in current assets, such as accounts receivable, inventory and deposits was $50,734 whereas the net increase in current liabilities, such as accounts payable, accrued liabilities, advanced from sub-contractor & related parties and taxation payable was $384,085, which provided $333,351 positive cash flow effect but not enough to offset the $1,514,712 loss in operation and loss from non-cash loss in the reorganization.  The final result of the cash flow from operating activities was $332,244 negative cash flow effect.

In the investing and financing analysis, the proceeds from disposal of plant and equipment and net proceeds from bank loans end up with a positive cash flow of $116,098.  The positive factors contribute to offset the negative operating cash flow.  In addition, the net decrease in exchange rate effect of $121,292 also provided positive cash flow effect.  The cash and cash equivalents at the end of June 30, 2015, was decreased by $84,854 with $36,927 as balance.

The cash flow situation will not allow for operations in the coming next 12 months by self-generated cash provided from operating activities.  The Company needs to increase cash flow supplies with a long term plan until the Company makes sustainable profits and has a positive cash flow. Otherwise, loans from related parties may be a temporary solution, although we have no written loan agreements. There is no guarantee that we will be able to secure adequate financing.  If we fail to secure sufficient funds, our business activities may be curtailed, or we may cease to operate.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources that is material to investors.

Item 7A.      Quantitative and Qualitative Disclosures About Market Risk.

As a "smaller reporting company", we are not required to provide the information required by this Item.

21

 Item 8.      Financial Statements and Supplementary Data

VERDE RESOURCES, INC.

INDEX TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED JUNE 30, 2015

	Page
Reports of Independent Registered Accounting Firm	F-2
Consolidated Balance Sheets	F-3
Consolidated Statements of Operations	F-4
Consolidated Statements of Changes in Shareholders' Equity (Deficit)	F-5
Consolidated Statements of Cash Flows	F-6
Notes to Consolidated Financial Statements	F-7

F-1

AWC (CPA) LIMITED

CERTIFIED PUBLIC ACCOUNTANTS

7th Floor, Nan Dao Commercial Building

359-361 Queen's Road Central

Hong Kong

Tel : 2851 7954

Fax: 2545 4086

To: The board of directors and stockholders of

Verde Resources, Inc. ("the Company")

Report of Independent Registered Public Accounting Firm

We have audited the accompanying consolidated balance sheet of Verde Resources, Inc. and its subsidiaries as of June 30, 2015 and 2014, and the related consolidated statements of loss, stockholders' equity and cash flows for the year ended June 30, 2015 and 2014. These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

We were not engaged to examine management's assertion about the effectiveness of the Company's internal control over financial reporting as of June 30, 2015 included in the Company's Item 9A "Controls and Procedures" in the Annual Report on Form 10-K and, accordingly, we do not express an opinion thereon.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Verde Resources, Inc. as of June 30, 2015 and 2014, and the results of its operations and its cash flows for the year ended June 30, 2015 and 2014 in conformity with accounting principles generally accepted in the United States of America.

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 14 to the consolidated financial statements, the Company has suffered recurring losses from operations and has a significant accumulated deficit. In addition, the Company continues to experience negative cash flows from operations. These factors raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Hong Kong, China	AWC (CPA) Limited
October 13, 2015	Certified Public Accountants

F-2

Verde Resources, Inc.

Consolidated Balance Sheets

	As at June 30,			As at June 30,
	2015			2014
ASSETS
Current Assets
Cash and cash equivalents	$	36,927		$	121,781
Accounts receivable from related parties		3,017			15,167
Inventories		11,865			64,204
Other deposit & prepayment		161,431			58,701
Total Current Assets	$	213,240		$	259,853
Long Term Assets
Property, plant and equipment	$	478,225		$	1,230,295
Total Long Term Assets	$	478,225		$	1,230,295
TOTAL ASSETS	$	691,465		$	1,490,148
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable	$	1,729,304		$	2,019,077
Advanced from related parties		524,522			161,239
Accrual		157,026			172,223
Taxation payable		1,495			-
Loans from banks		39,585			59,121
Other payables		-			-
Total Current Liabilities	$	2,451,932		$	2,411,660
Long term Liabilities
Loans from banks (non-current)	$	37,207		$	77,878
Total Long Term Liabilities	$	37,207		$	77,878
TOTAL LIABILITIES	$	2,489,139		$	2,489,538
STOCKHOLDERS' DEFICIT
Preferred stock, par value $0.001, 50,000,000 shares      authorized, none issued and outstanding		-			-
Common stock, with par value of $0.001 as of June 30, 2015 and June 30, 2014, 250,000,000 shares and 100,000,000 shares authorized as of June 30, 2015 and June 30, 2014, 91,288,909 and 85,388,909 shares issued and outstanding as of June 30, 2015 and June 30, 2014	$	91,289		$	85,389
Additional paid-in capital		1,869,993			1,580,893
Accumulated deficit		(3,653,699	)		(2,281,911	)
Accumulated other comprehensive income(loss)		404,021			(411	)
Non-controlled interest		(509,278	)		(383,350	)
Total Stockholders' Deficit	$	(1,797,674	)	$	(999,390	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	691,465		$	1,490,148

The accompanying notes are an integral part of these consolidated financial statements.

F-3

Verde Resources, Inc.

Consolidated Statements of Operations

	For the year			For the year
	ended			Ended
	June 30, 2015			June 30, 2014
REVENUES
Revenue	$	831,339		$	1,260,002
Cost of revenue		(1,563,328	)		(2,184,246	)
Gross loss		(731,989	)		(924,244	)
OPERATING EXPENSES:
Selling, general & administrative expenses		(803,741	)		(482,853	)
LOSS FROM OPERATIONS	$	(1,535,730	)	$	(1,407,097	)
OTHER INCOME (EXPENSE)		38,014			116,303
NET LOSS BEFORE INCOME TAX	$	(1,497,716	)	$	(1,290,794	)
Provision of Income Tax		-			-
NET LOSS	$	(1,497,716	)	$	(1,290,794	)
Non-controlled interest		125,928			152,425
Net loss contributed to the group		(1,371,788	)		(1,138,369	)

Other comprehensive income(loss)

Foreign currency translation gain(loss)	$	404,432		$	(411	)
Comprehensive loss	$	(967,356	)	$	(1,138,780	)
Basic and Diluted Loss per Common Share	$	(0.02	)	$	(0.02	)
Weighted Average Number of Common Shares Outstanding		87,991,375			59,084,742

The accompanying notes are an integral part of these consolidated financial statements.

F-4

Verde Resources, Inc.

Statement of Changes in Stockholders' Equity (Deficit)

	Common Shares				Additional								Accumulated Other
	Shares		Amount		Paid-InCapital		Accumulated Deficit			Non-ControllingInterest			ComprehensiveIncome (Loss)			Total
Balance at June 30, 2013		1	$	1	$	-	$	(31,603	)	$	-		$	-		$	(31,602	)
Effect of reorganization		83,977,499		83,977		80,122		(1,111,939	)		(230,925	)		-			(1,178,765	)
Foreign currency translation loss		-		-		-		-			-			(7,551	)		(7,551	)
Net loss for the period		-		-		-		(366,244	)		(48,627	)		-			(414,871	)
Waive of directors' loan		-		-		52,841		-			-			-			52,841
Balance at October 25, 2013		83,977,500	$	83,978	$	132,963	$	(1,509,786	)	$	(279,552	)	$	(7,551	)	$	(1,579,948	)
Shares issued		1,411,409		1,411		1,404,834		-			-			-			1,406,245
Net loss for the period		-		-		-		(772,125	)		(103,798	)		-			(875,923	)
Foreign currency translation loss		-		-		-		-			-			7,140			7,140
Waive of directors' loan		-		-		43,096		-			-			-			43,096
Balance – June 30, 2014		85,388,909	$	85,389	$	1,580,893	$	(2,281,911	)	$	(383,350	)	$	(411	)	$	(999,390	)
Shares issued		5,900,000		5,900		289,100		-			-			-			295,000
Net loss for the period		-		-		-		(1,371,788	)		(125,928	)		-			(1,497,716	)
Foreign currency translation gain		-		-		-		-			-			404,432			404,432
Balance – June 30, 2015		91,288,909	$	91,289	$	1,869,993	$	(3,653,699	)	$	(509,278	)	$	404,021		$	(1,797,674	)

The accompanying notes are an integral part of these consolidated financial statements.

F-5

Verde Resources, Inc.

Consolidated Statements of Cash Flows

	June 30, 2015			June 30, 2014
Cash flows from operating activities:
Net loss	$	(1,497,716	)	$	(1,290,794	)
Adjustments to reconcile loss to net cash used in operations
Depreciation		564,117			763,740
Reorganization		-			(3,387,628	)
Gain on disposal of fixed assets		(16,996	)		(15,114	)
Issuance of common stock (non-cash)		295,000			211,250
Changes in operating assets and liabilities
(Increase) decrease in:
Accounts receivable from related party		9,874			(14,969	)
Deposits and prepayment		(103,309	)		(58,650	)
Inventory		42,701			(63,361	)
Increase (decrease) in:
Accounts payable		199,373			1,992,576
Accrued liabilities		3,223			131,800
Advanced from sub-contractor & related parties		179,994			118,078
GST Tax payable		1,495			-
Net cash (used in) operating activities		(322,244	)		(1,613,072	)
Cash flows from investing activities:
Proceeds from disposal of plant and equipment		92,646			162,394
Addition of motor vehicle		(16,190	)		-
Net cash provided by investing activities		76,456			162,394
Cash flows from financing activities:
Proceeds from bank loans		137,774			301,506
Repayments of bank loans		(98,132	)		(166,305	)
Shareholders' loan waived		-			95,938
Proceeds from issuance of common stock		-			1,274,994
Net cash provided by financing activities		39,642			1,506,133
Net increase(decrease) in cash and cash equivalents		(206,146	)		55,455
Effect of exchange rate changes on cash		121,292			64,224
Net increase (decrease) in cash and cash equivalents		(84,854	)		119,679
Cash and cash equivalents at beginning of year		121,781			2,102
Cash and cash equivalents at end of year	$	36,927		$	121,781
Supplementary cash flow information
Income taxes paid	$	-		$	-
Interest paid	$	5,242		$	11,406
Supplementary non-cash information
Reorganization	$	-		$	(3,387,628	)
Issuance of common stock (non-cash)	$	295,000		$	211,250

The accompanying notes are an integral part of these consolidated financial statements.

F-6

Verde Resources, Inc .

Notes to Consolidated Financial Statements

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Verde Resources, Inc. (the "Company" or "VRDR") was incorporated on April 22, 2010 in the State of Nevada, U.S.A.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company's fiscal year end is June 30.

Gold Billion Global Limited ("Gold Billion" or "GBL") was incorporated in British Virgin Islands on February 7, 2013. GBL is setup by the Board of Director of Federal Mining Resources Limited ("FMR"). The major operation of GBL is to manage and monitor the mineral exploration and mining projects of FMR.

On July 1, 2013, FMR has assigned its rights and obligation on Champmark Sdn Bhd ("CSB") to GBL. Four of the five members of CSB Board of Directors were appointed by FMR, with two of the GBL Board of Directors currently sitting on the CSB Board. According to ASC 810-05-08 A, CSB is a deemed subsidiary of GBL where it has controlled the CSB Board of Directors, has assigned rights to receive future benefits and residual value, and obligation to absorb loss and finance for CSB by GBL. GBL has the power to direct the activities of CSB that most significantly impact CSB's economic performance and the obligation to absorb losses of CSB that could potentially be significant to the CSB or the right to receive benefits from CSB that could potentially be significant to CSB. GBL is the primary beneficiary of CSB because it has been assigned with all relevant rights and obligation and can direct the activities of CSB through the common directors and the 85% shareholder, FMR. Under 810-23-42, 43, it is determined that CSB is de-facto agent of GBL and GBL is the de-facto principal of CSB. GBL will start to consolidate CSB from July 1, 2013 and the Company will consolidated GBL and CSB from October 25, 2013 onwards.

On February 17, 2014, the Company entered into a Supplementary Agreement to the Assignment Agreement and completed an acquisition of GBL pursuant to the Supplementary Agreement. The acquisition was a reverse acquisition in accordance with ASC 805-40 "Reverse Acquisitions". The legal parent was VRDR which was the accounting acquiree while GBL was the accounting acquirer. There was a 15% non-controlling interest of Champmark SDN BHD ("CSB") after the acquisition. This transaction was accounted for as a recapitalization effected by a share exchange, wherein GBL with its 85% deemed subsidiary CSB was considered the acquirer for accounting and financial reporting purposes. The assets and liabilities of the acquired entity have been brought forward at their book value and no goodwill has been recognized.

As a result of the acquisition, the Company holds 100% equity interest in GBL and 85% variable interest in CSB. Our consolidated subsidiaries include GBL being our wholly-owned subsidiary and 85% of CSB being a variable interest entity (VIE) and deemed subsidiary of GBL.

On March 17, 2014, the Company through GBL and its deemed subsidiary CSB entered into a Sub-Contract Agreement with Borneo Oil & Gas Corporation Sdn Bhd ("BOG") for the engagement of its sub-contractor services to carry out exploration and exploitation works on alluvial and lode gold resources at Site IV-1 of the Merapoh Mine. The Sub-Contract Agreement is for a period of 5 years with a renewal for another 5 years subject to review by both parties. BOG is a wholly-owned subsidiary of Borneo Oil Berhad (BOB) which is listed on the main market of Kuala Lumpur Stock Exchange. BOG being a local company in Malaysia provides the Company with the advantage of local knowledge and well-established connection in dealing with the relevant local authorities in our mining operations.

On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

F-7

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (GAAP).  These consolidated financial statements are expressed in United States dollars ($).  Financial statements prepared in accordance with GAAP contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. These condensed consolidated audited financial statements include all adjustments that, in the opinion of management, are necessary in order to make the financial statements not misleading.

Basis of Consolidation

The condensed consolidated financial statements include the financial statements of Verde Resources, Inc., its wholly owned subsidiary Gold Billion Global Limited ("GBL") and the 85% of the deemed subsidiary variable interest of Champmark SDN BHD ("CSB"). All inter-company balances and transactions between the Company and its subsidiary and variable interest entity (VIE) have been eliminated upon consolidation.

The Company has adopted ASC Topic 810-10-5-8, "Variable Interest Entities", which requires a variable interest entity or VIE to be consolidated by a company if that company is subject to a majority of the risk of loss for the VIE or is entitled to receive a majority of the VIE's residual returns.

Variable Interest Entity

On July 1, 2013, the Company's subsidiary, GBL entered into a series of agreements ("VIE agreements") with FMR and details of the VIE agreements are as follows :

1.	Management Agreement, FMR entrusted the management rights of its subsidiary CSB to GBL that include:
i)	management and administrative rights over the day-to-day business affairs of CSB and the mining operation at Site IV-1 of the Merapoh Gold Mine;
ii)	final right for the appointment of members to the Board of Directors and the management team of CSB;
iii)	act as principal of CSB;
iv)	obligation to provide financial support to CSB;
v)	option to purchase an equity interest in CSB;
vi)	entitlement to future benefits and residual value of CSB;
vii)	right to impose no dividend policy;
viii)	human resources management.

2. Debt Assignment, FMR assigned to GBL the sum of money in the amount of US Dollars One Hundred Nine Thousand Eight Hundred One And Cents Seventy-Two Only (US$ 109,801,72), now due to GBL from CSB under the financing obligation from the FMR to CSB.

With the above agreements, GBL demonstrates its ability to control CSB as the primary beneficiary and the operating results of the VIE was included in the condensed consolidated financial statements for the year ended June 30, 2014.

On April 1, 2014, the Board of Director of GBL notified FMR upon the decision to exercise the right of option to purchase 85% equity interest of CSB under Management Agreement Section 3.2.4 dated July 1, 2013 between GBL and FMR. This acquisition was completed on April 1, 2014 with consideration of US$1. GBL then became 85% shareholder of CSB and is required to consolidate CSB as a subsidiary.

F-8

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates. The Company's periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $36,927 and $121,781 in cash and cash equivalents at June 30, 2015 and June 30, 2014, respectively.

Concentrations of Credit Risk

The Company's financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Company's management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Risks and Uncertainties

The Company operates in the resource exploration industry that is subject to significant risks and uncertainties, including financial, operational, technological, and other risks associated with operating a resource exploration business, including the potential risk of business failure.

Accounts Receivable

Accounts receivable are recognized and carried at net realizable value.  An allowance for doubtful accounts will be recorded in the period when a loss is probable based on an assessment of specific evidence indicating troubled collection, historical experience, accounts aging, ongoing business relation and other factors.  Accounts are written off after exhaustive efforts at collection.  If accounts receivable are to be provided for, or written off, they would be recognized in the consolidated statement of operations within operating expenses.  At June 30, 2015 and June 30, 2014, the Company has no allowance for doubtful accounts, as per management's judgment based on their best knowledge.  As of June 30, 2015 and June 30, 2014, the longest credit term for certain customers are 60 days.

Provision for Doubtful Accounts

The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivables and reviews accounts receivable by amounts due by customers which are past due to identify specific customers with known disputes or collectability issues. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of customers based on past collection experience and ongoing credit risk evaluations.  At June 30, 2015 and June 30, 2014 there was no allowance for doubtful accounts.

F-9

Fair Value

ASC Topic 820 "Fair Value Measurement and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

l	Level 1—defined as observable inputs such as quoted prices in active markets;
l	Level 2—defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
l	Level 3—defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The Company's financial instruments consist of cash and cash equivalents, trade receivables, other receivables, payables, and short term and long term debt. The carrying values of cash and cash equivalents, trade receivables, other receivables, and payables approximate their fair value due to their short maturities. The carrying value of long term debt approximates the fair value of debt of similar terms and remaining maturities available to the company.

The Company's non-financial assets are measured on a recurring basis. These non-financial assets are measured for impairment annually on the Company's measurement date at the reporting unit level using Level 3 inputs. For most assets, ASC 820 requires that the impact of changes resulting from its application be applied prospectively in the year in which the statement is initially applied.

The Company's non-financial assets measured on a non-recurring basis include the Company's property, plant and equipment and finite-use intangible assets which are measured for recoverability when indicators for impairment are present.  ASC 820 requires companies to disclose assets and liabilities measured on a non-recurring basis in the period in which the re-measurement at fair value is performed.

The Company did not have any convertible bonds as of June 30, 2015 and June 30, 2014.

Foreign Currency Translation

The Company's reporting currency is the United States dollar ("$") and the accompanying consolidated financial statements have been expressed in United States dollars. The Company's functional currency is the Malaysian Ringgit ( "MYR") which is a functional currency as being the primary currency of the economic environment in which their operations are conducted.

In accordance with ASC Topic 830 "Translation of Financial Statements" , capital accounts of the consolidated financial statements are translated into United States dollars from MYR at their historical exchange rates when the capital transactions occurred.  Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the respective year.  The resulting exchange differences are recorded in the consolidated statement of operations.

	June 30, 2015	June 30, 2014
Year-end MYR : $1 exchange rate	0.2644	0.3111
Average MYR : $1 exchange rate	0.2883	0.3070

Comprehensive Income

Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. Comprehensive income includes net income and the foreign currency translation changes.

F-10

Segment Reporting

The Company currently engages in one operation segment: Gold Mining. The expenses incurred were consisting principally of management services.  The Company's major operation is located in Malaysia.

Mineral Acquisition and Exploration Costs

The Company has been in the exploration stage since its formation on April 22, 2010. It has been primarily engaged in the acquisition, exploration, and development of mining properties.  The Company was no longer considered to be in the exploration stage after the reverse take-over with its subsidiary GBL.

Mineral property acquisition and exploration costs are expensed as incurred.  When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized.  Such costs will be amortized using the units-of-production method over the estimated life of the probable reserves.

Environmental Expenditures

The operations of the Company have been, and may in the future be affected from time to time in varying degree by changes in environmental regulations, including those for future reclamation and site restoration costs.  Both the likelihood of new regulations and their overall effect upon the Company vary greatly and are not predictable.  The Company's policy is to meet or, if possible, surpass standards set by relevant legislation by application of technically proven and economically feasible measures.

Environmental expenditures that relate to ongoing environmental and reclamation programs are charged against earnings as incurred or capitalized and amortized depending on their future economic benefits.  All of these types of expenditures incurred since inception have been charged against earnings due to the uncertainty of their future recoverability.  Estimated future reclamation and site restoration costs, when the ultimate liability is reasonably determinable, are charged against earnings over the estimated remaining life of the related business operation, net of expected recoveries.

Revenue Recognition

In accordance with the ASC Topic 605, "Revenue Recognition", the Company recognizes revenue when persuasive evidence of an arrangement exists, transfer of title has occurred or services have been rendered, the selling price is fixed or determinable and collectibility is reasonably assured.

The Company derives revenues primarily from the sales of gold mineral to registered gold trading companies in Malaysia. The Company generally recognizes its revenues at the time of gold sales and its selling price is determined by the prevailing market value of gold bullion quoted by the leading registered gold trading company in Malaysia. Sales invoice will be duly presented to the trading companies when delivery is completed and revenue is then recognized.

Cost of Revenue

The cost of revenue consists of exploration cost, mine equipment depreciation, production cost, mine site management cost, sub-contractor cost, and royalty and tribute payment which are levied on the gross revenue at the rate of 18% on the invoiced value of gold sales.

Advertising Expenses

Advertising costs are expensed as incurred under ASC Topic 720, "Advertising Costs" . Advertising expenses incurred for the years ended June 30, 2015 and year ended June 30, 2014 were $0.

F-11

Income Taxes

The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, "Accounting for Income Taxes" ("ASC 740").  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.  As of June 30, 2015 and June 30, 2014, the Company did not have any significant unrecognized uncertain tax positions.

Recent Accounting Pronouncements

The FASB has issued Accounting Standards Update (ASU) No, 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory.Topic 330, Inventory, currently requires an entity to measure inventory at the lower of cost or market. Market could be replacement cost, net realizable value, or net realizable value less an approximately normal profit margin.The amendments do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost.
An entity should measure in scope inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method.The amendments more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards.For public business entities, the amendments are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period.

If elected, the accounting alternative should be applied to all leasing arrangements meeting the above conditions. The alternative should be applied retrospectively to all periods presented, and is effective for annual periods beginning after December 15, 2014, and interim periods within annual periods beginning after December 15, 2015. Early application is permitted for all financial statements that have not yet been made available for issuance.

F-12

NOTE 3 - CASH AND CASH EQUIVALENT

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.  At of June 30, 2015 and June 30, 2014 cash and cash equivalents consisted of bank deposits in banks in Malaysia and petty cash on hands.

NOTE 4 - AMOUNT DUE FROM RELATED PARTIES

Amount due from related parties at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015			June 30, 2014
Amount due from BOG (*1)		$	-		$	15,167
Amount due from Stable Treasure Sdn. Bhd. (*2)			3,017			-
		$	3,017		$	15,167

(*1) BOG is one of the shareholders of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(*2) One of the directors of Stable Treasure Sdn. Bhd., Mr. Balakrishnan B S Muthu is also the director of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

NOTE 5 - INVENTORIES

Inventories are valued at cost, not in excess of market. Inventories are determined at first in first out basis and comprised of production cost, mine site management cost and sub-contractor cost. Inventories, at June 30, 2015 and June 30, 2014 are summarized as follows:

	June 30, 2015			June 30, 2014
Inventories		$	11,865		$	64,204

The inventories represent the gold minerals as at June 30, 2015 and June 30, 2014, which were comprised of 8% share by the Company and 92% share by the sub-contractor and the other parties such as original mine assigner.

NOTE 6 - ACCOUNTS PAYABLE AND ADVANCED FROM RELATED PARTIES

Accounts Payable

Accounts payable at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015		June 30, 2014
Due to Changxin Wanlin Technology Co Ltd(*)	$	1,704,474	$	2,003,630
Other accounts payable		24,830		15,447
	$	1,729,304	$	2,019,077

(*) Due to Changxin Wanlin Technology Co Ltd are accounts payable derived from ordinary business transactions. One of the directors of Changxin Wanlin Technology Co. Ltd., Wu Ming Ding, is also the director of CSB. This accounts payable bears no interest or collateral, repayable and renewable under normal business accounts payable terms.

F-13

Advanced from subcontractor & related parties

Advanced from subcontractor & related parties at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015		June 30, 2014
Advanced from BOG (#1)	$	186,057	$	18,437
Advanced from Federal Mining Resources Limited(#2)	$	173,465	$	109,802
Advanced from Federal Capital Investment Limited (#3)	$	120,000	$	24,000
Advanced from Yorkshire Capital Limited (#4)	$	45,000	$	9,000
	$	524,522	$	161,239

(#1) BOG is one of the shareholders of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#2) One of the directors of Federal Mining Resources Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#3) One of the directors of Federal Capital Investment Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#4) One of the directors of Yorkshire Capital Limited, Mr. Lai Kui Shing, Andy, is also a director of CSB. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

Property and equipment at June 30, 2015, and June 30, 2014, are summarized as follows:

	June 30, 2015			June 30, 2014
Land and Building	$	1,039,848		$	1,223,512
Plant and Machinery		163,780			213,552
Office equipment		20,821			24,499
Project equipment		1,179,193			1,388,760
Computer		11,325			13,326
Motor Vehicle		121,904			310,477
Accumulated depreciation		(2,058,646	)		(1,943,831	)
	$	478,225		$	1,230,295

The depreciation expenses charged for the year ended June 30, 2014 and 2013 were $564,117 and $763,740 respectively.

F-14

NOTE 8 - LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS)

The loans from banks include long term and short term and are summarized as follow:

	June 30, 2015		June 30, 2014
Loans from banks	$	39,585	$	59,121
Loans from banks(non-current)		37,207		77,878
Total	$	76,792	$	136,999

Hire purchase installment loans with total amount $80,828 and $146,212 as at June 30, 2015, and June 30, 2014, are $76,792 and $136,999 net of imprest charges equivalent to interest $4,036 and $9,213 respectively are summarized as follows:

						June 30, 2015		June 30, 2014
	Interest Rate			Monthly Due
Financial institution in Malaysia		N/A	*		306	$	-	$	3,602
Financial institution in Malaysia		N/A	*		655		655		9,298
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		1,055		7,387		23,593
Financial institution in Malaysia		N/A	*		1,724		43,105		75,067
Financial institution in Malaysia		N/A	*		302		8,461		14,228
Financial institution in Malaysia		N/A	*		226		11,050		-
Hire purchase loans payable to banks						$	80,828	$	146,212

(*) Hire purchase installment loans with Motor Vehicles as collateral. The financial institutions in Malaysia are Islamic banks and bear no interest in the installment agreement. However, there are certain imprest charges equivalent to interests which are being calculated at an average annual rate of approximate 5.26% for the rest of entire loans life and periods.

The scheduled maturities of the CSB's hire purchase installment loans are as follows:

June 30,
2016	$	42,264
2017		30,012
2018		5,631
2019		2,710
2020		211
Later years
Total minimum hire purchase installment payment	$	80,828
Less: Amount representing imprest charges equivalent to interest (current portion: $2,679 and non-current portion:$1,357)		4,036
Present value of net minimum lease payments (#)	$	76,792

(#) Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

F-15

NOTE 9 - INCOME TAX

The Company and its subsidiaries are subject to income taxes on an entity basis on income arising in, or derived from, the tax jurisdiction in which they operate. The Company is a Nevada incorporated company and subject to United State Federal Income Tax. GBL is a British Virgin Islands incorporated company and not required to pay income tax on corporate income. CSB is a Malaysia incorporated company and required to pay corporate income tax at 25% of taxable income.

A reconciliation between the income tax computed at the relevant statutory rate and the Company's provision for income tax is as follows:

	For the year ended	For the period ended
	June 30, 2015	June 30, 2014
US Federal Income Tax Rate.	34%	34%
Valuation allowance – US Rate	(34%)	(34%)
BVI Income Tax Rate	0%	0%
Valuation allowance – BVI Rate	(0%)	(0%)
Malaysia Income Tax Rate	25%	25%
Valuation allowance – Malaysia Rate	(25%)	(25%)
Provision for income tax	-	-

Summary of the Company's net deferred tax liabilities and assets are as follows:

	June 30, 2015				June 30, 2014
Deferred tax assets:
Tax attribute carryforwards		$	509,223			$	438,870
Valuation allowances			(509,223	)			(438,870	)
Total		$	-			$	-

The Company has recorded valuation allowances for certain tax attribute carry forwards and other deferred tax assets due to uncertainty that exists regarding future realizability. If in the future the Company believes that it is more likely than not that these deferred tax benefits will be realized, the majority of the valuation allowances will be recognized in the consolidated statement of operations. The Company did not have any interest and penalty provided or recognized in the income statements for years ended June 30, 2015 and June 30, 2014 or balance sheet as of June 30, 2015 and June 30, 2014. The Company did not have uncertainty tax positions or events leading to uncertainty tax position within the next 12 months.

NOTE 10 - COMMITMENTS AND CONTINGENCIES

As at June 30, 2015, the Company's office rent has expired and is currently being rent under month to month term. There are no commitments and contracts on such rental expenses.

As at June 30, 2015, the Company's hire purchase installment agreements are disclosed in Note 8. See Note 8 for the commitments for minimum installment payments under these agreements.

NOTE 11 - EARNINGS/(LOSS) PER SHARE

The Company has adopted ASC Topic No. 260, "Earnings Per Share," ("EPS") which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures, and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year.

F-16

The following table sets forth the computation of basic and diluted earnings per share:

		Year Ended June 30,
		2015			2014
Net loss applicable to common shares		$	(1,371,788	)	$	(1,138,369	)
Weighted average common shares
outstanding (Basic)			87,991,375			59,084,742
Options	`		-			-
Warrants			-			-
Weighted average common shares
outstanding (Diluted)			87,991,375			59,084,742
Net loss per share (Basic and Diluted)		$	(0.02	)	$	(0.02	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

NOTE 12 - CAPITAL STOCK

Authorized Stock

The Company has authorized 250,000,000 common shares and 50,000,000 preferred shares, both with a par value of $0.001 per share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

Share Issuance

As of September 30, 2013, the Company has issued 2,500,000 and 1,477,500 common shares at $0.01 and $0.04 per share, respectively, resulting in total cash proceeds of $84,100, being $3,978 for par value shares and $80,122 for capital in excess of par value.

On October 25, 2013, the Company issued 80,000,000 common shares at par value under the terms of the Assignment Agreement whereby FMR will assign its management rights of CSB's mining operation in the Mining Lease to VRDR, through its wholly-owned subsidiary GBL, in exchange for 80,000,000 shares of the Company's common stock.

On November 11, 2013, the Company issued 75,000 common shares at US$1.75 per share to Marketing Management International, LLC ("MMI"), a Florida Limited Liability Company, under the terms of the Consulting Agreement for the engagement of its consulting services.

On January 29, 2014, the Company issued a total of 643,229 common shares for $665,238, of which 288,288 common shares at US$1.25 per share, 183,661 common shares at US$0.83 per share and 171,280 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On March 10, 2014, the Company issued a total of 693,180 common shares for $609,756, of which 179,340 common shares at US$0.85 per share and 513,840 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On January 21, 2015, the Company issued 5,900,000 common shares at US$0.05 per share to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Consultant Agreement for the additional services of its sub-contractor.

There were 91,288,909 common shares issued and outstanding at June 30, 2015, compared to 85,388,909 common shares issued and outstanding at June 30, 2014.

There are no preferred shares outstanding.  The Company has issued no authorized preferred shares.  The Company has no stock option plan, warrants, or other dilutive securities.

F-17

NOTE 13 - RELATED PARTY TRANSACTIONS

As at June 30, 2015, advances were made by five companies of $2,228,996 related to ordinary business transactions.  All advances related to ordinary business transactions, bear no interest or collateral, repayable and renewable under normal advancement terms.  Details are disclosed in Note 6.

As of June 30, 2015, amounts due from one company of $3,017 related to ordinary business transactions.  The receivable amounts related to ordinary business transactions bear no interest or collateral, repayable and renewable under normal advancement terms. Details are disclosed in Note 4.

During the period ended June 30, 2015, the Company sold $267,809 worth of gold to BOG.

During the period ended June 30, 2015, the Company incurred cost of revenue worth of $614,265 to BOG.

During the period ended June 30, 2015, the Company disposed a motor vehicle to BOG.

On January 21, 2015, the Company issued 5,900,000 common shares at US$0.05 per share to BOG, under the terms of the Consultant Agreement dated January 15, 2015.

NOTE 14 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  As of and for the year ended June 30, 2015, the Company has a loss from operations of $1,497,716 and working capital deficiency of $2,238,692. The Company intends to fund operations through debt and equity financing arrangements.

The ability of the Company to survive is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan.

In response to these problems, management intends to raise additional funds through public or private placement offerings, and related party loans.

These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

F-18

NOTE 15 - CONCENTRATIONS

Suppliers

The Company's major suppliers for the year ended June 30, 2015 and 2014 are listed as following:

	Subcontractors			Accounts Payable
		Year	Year
		Ended	Ended
Major Suppliers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company A		100%	100%	0%	0%

 Customers

The Company's major customers for the year ended June 30, 2015 and 2014 are listed as following:

	Sales			Accounts Receivable
		Year	Year
		Ended	Ended
Major Customers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company M		21%	77%	0%	0%
Company N		32%	23%	0%	0%
Company O		35%	0%	0%	0%
Company P		12%	0%	0%	0%

NOTE 16 - UBSEQUENT EVENTS

The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and determined that there are no additional items to disclose.

F-19

Item 9.      Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

Independent Accountants:

On January 13, 2015, our independent public accounting firm, Albert Wong & Co. was succeeded by AWC (CPA) Limited, in the registration status in Public Company Accounting Oversight Board (“PCAOB”). AWC (CPA) Limited is not a separately registered entity with the PCAOB and therefore we are not required to file a current report on Form 8-K under item 4.01.

Item 9A.   Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our senior management, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as of the end of the period covered by this Annual Report on Form 10-K (the "Evaluation Date").  Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded as of the Evaluation Date that our disclosure controls and procedures were effective such that the information relating to us required to be disclosed in our Securities and Exchange Commission ("SEC") reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

Management's Annual Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting.  Our internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States.  Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving their control objectives.  With the participation of our Chief Executive and Financial Officer, our management conducted an evaluation of the effectiveness of our internal control over financial reporting as of June 30, 2015 based on the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") in Internal Control – Integrated Framework.  Based upon such evaluation, our management concluded that we did maintain effective internal control over financial reporting as of June 30, 2015 based on the COSO framework criteria.

This Annual Report on Form 10-K does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by our registered public accounting firm pursuant to an exemption for non-accelerated filers from the internal control audit requirements of Section 404(b) of the Sarbanes-Oxley Act of 2002.

Officers' Certifications

Appearing as exhibits to this Annual Report are "Certifications" of our Chief Executive Officer and Chief Financial Officer.  The Certifications are required pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (the "Section 302 Certifications").  This section of the Annual Report contains information concerning the Controls Evaluation referred to in the Section 302 Certification.  This information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented.

Changes in Internal Control Over Financial Reporting

There have been no changes in our internal control over financial reporting that occurred during the year ended June 30, 2015, that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

 Item 9B.   Other Information.

Not applicable.

41

PART III

 Item 10.    Directors, Executive Officers and Corporate Governance

All directors of the Company hold office until the next annual meeting of the security holders or until their successors have been elected and qualified. The officers of the Company are appointed by the board of directors and hold office until their death, resignation or removal from office. The directors and executive officers, their ages, positions held, and duration as such, are as follows:

Name	Position Held   with the Company	Age	Date First Elected or Appointed
Wu Ming Ding	President and Director	59	October 17, 2013
Balakrishnan B S Muthu	Treasurer, Chief Financial Officer, General Manager and Director	53	October 17, 2013
Liang Wai Keen	Secretary	44	October 17, 2013

Business Experience

The following is a brief account of the education and business experience during at least the past five years of each director, executive officer and key employee of the Company, indicating the person's principal occupation during that period, and the name and principal business of the organization in which such occupation and employment were carried out.  

Mr. Wu Ming Ding

Sep 1979 - Sep 1983:	Major in Economics & Management, Guangdong Radio & TV University, China
Apr 2004 - Present:	Managing Director, Beijing Changxin Wanlin Technology Co., Ltd. Director, Federal Capital Investments Limited
Sep 2010 - Present:	Director, Federal Mining Resources Ltd.

Mr. Wu  played a key role in helping to secure the Chinese patent for a U.S. fuel additive product through collaboration with the Lanzhou Petrochemical Company, a subsidiary of China National Petroleum Corporation (CNPC).  Mr. Wu was also active in the business development of a mining project in the Fujian province.  Mr. Wu is a Hong Kong Member of the Guangdong Zengcheng County Chinese People's Political Consultative Committee

Mr. Balakrishnan B S Muthu

Apr 1987 - Dec 1989:	Graduated with Diploma in Business Administration, The Association of Business Executives ABE, UK.
Dec 2007 - Present:	General Manager, Champmark Sdn. Bhd

Mr. Muthu has more than 20 years of experience in financial auditing and business strategic planning. He has been involved in preliminary alluvial mine planning and initial development of Merapoh Project since 2008. His previous experience includes working for Petroliam Nasional Berhad (Petronas) in various departments including the roles in compilation of seismic data, kiosk coordination and upstream financial auditing. He has also worked as a consultant providing financial and technical services for several oil and gas projects. He is also a Chartered Financial Planner (CFP).

Employment Agreements    

Other than as set out below, we have no formal employment agreements with any of our employees, directors or officers.

42

Family Relationships    

There are no family relationships between any of our directors, executive officers and proposed directors or executive officers.

Involvement in Certain Legal Proceedings    

None. 

Compliance with Section 16(a) of the Exchange Act

As of August 27, 2014, the Company's common stock is registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").  Accordingly, officers, directors and principal shareholders are subject to the beneficial ownership reporting requirements of Section 16(a) of the Exchange Act.  As of the date of this Annual Report, no officer or director has filed beneficial ownership reports as required by Section 16(a).

Code of Ethics

We have adopted a corporate code of ethics. We believe our code of ethics is reasonably designed to deter wrongdoing and promote honest and ethical conduct; provide full, fair, accurate, timely and understandable disclosure in public reports; comply with applicable laws; ensure prompt internal reporting of code violations; and provide accountability for adherence to the code. The Company will provide to any person, without charge and upon request, a copy of the code of ethics. Any such request must be made in writing to the Company at, unit 701, 7/F, The Phoenix, 21-25 Luard Rd, Wanchai, Hong Kong.

Board and Committee Meetings

Our board of directors currently consists of two members, Wu Ming Ding and Balakrishnan B S Muthu. The Board held no formal meetings during the year ended June 30, 2015. Until the Company develops a more comprehensive Board of Directors, all proceedings will be conducted by resolutions consented to in writing by all the directors and filed with the minutes of the proceedings of the directors. Such resolutions consented to in writing by the directors entitled to vote on that resolution at a meeting of the directors are, according to the Nevada General Corporate Law and our Bylaws, as valid and effective as if they had been passed at a meeting of the directors duly called and held.

Nomination Process

As of June 30, 2015, we did not effect any material changes to the procedures by which our shareholders may recommend nominees to our board of directors. Our board of directors does not have a policy with regards to the consideration of any director candidates recommended by our shareholders. Our board of directors has determined that it is in the best position to evaluate our company's requirements as well as the qualifications of each candidate when the board considers a nominee for a position on our board of directors. If shareholders wish to recommend candidates directly to our board, they may do so by sending communications to the president of our company at the address on the cover of this annual report.

Audit Committee

 Currently, the Company is developing a comprehensive Board of Directors and does not have an Audit Committee. The Company intends to appoint audit, compensation and other applicable committee members as it appoints individuals with pertinent expertise.

Audit Committee Financial Expert

Our board of directors does not have a member that qualifies as an "audit committee financial expert" as defined in Item 407(d)(5)(ii) of Regulation S-K.

43

Item 11.     Executive Compensation.

The particulars of the compensation paid to the following persons:

	(a)	our principal executive officer; and
	(b)	each of our two executive officers who were serving as executive officers at the end of the year ended June 30, 2015.
SUMMARY COMPENSATION TABLE
Name and Principal Position			Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)
Wu Ming Ding (1)  President and Director			2015  2014	4,613  14,736	0  0	0  0	0  0	0  0	0  0	0  0	4,613  0
Balakrishnan B S Muthu (2)  Treasurer, Chief Financial Officer, General Manager, and Director			2015  2014	52,424 47,892	0  0	0  0	0  0	0  0	0  0	0  0	52,424  0
Stephen Spalding (3)			2015  2014	0  0	0  0	0  0	0  0	0  0	0  0	0 600	0 600

(1)	Mr. Wu was appointed President and a director of the Company on October 17, 2013. Mr. Wu was paid a total salary of $4,613 for the year ended June 30, 2015.
(2)	Mr. Muthu was appointed Treasurer, Chief Financial Officer, General Manager and a director of the Company on October 17, 2013. Mr. Muthu was paid a total salary of $52,424 for the year ended June 30, 2015.
(3)	Mr. Spalding resigned from all of his positions as officers and director of the Company on October 17, 2013. Mr. Spalding was receiving $200 per month for providing office space for the period between July 1, 2011 and September 30, 2013.

Other than set out below, there are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive share options at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that share options may be granted at the discretion of our board of directors.

Grants of Plan-Based Awards

There were no grants of plan based awards during the year ended June 30, 2015.

Outstanding Equity Awards at Fiscal Year End

There were no outstanding equity awards at the year ended June 30, 2015.

Option Exercises and Stock Vested

During our Fiscal year ended June 30, 2015, there were no options exercised by any officer or director.

44

Compensation of Directors

We do not have any agreements for compensating our directors for their services in their capacity as directors.

Pension, Retirement or Similar Benefit Plans

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the board of directors or a committee thereof.

 Item 12.     Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table sets forth, as of October 13, 2015, certain information with respect to the beneficial ownership of our common shares by each shareholder known by us to be the beneficial owner of more than 5% of our common shares, as well as by each of our current directors and executive officers as a group. Each person has sole voting and investment power with respect to the shares of common stock, except as otherwise indicated. Beneficial ownership consists of a direct interest in the shares of common stock, except as otherwise indicated.

Name and Address of Beneficial Owner	Amount and Nature of   Beneficial Ownership	Percentage   of Class (1)
Wu Ming Ding  Unit 701, 7/F., The Phoenix, 21-25 Luard Road, Wanchai, Hong Kong	6,406,910 common shares Indirect ownership through Internet.com Ltd	7.0%
Balakrishnan B.S. Muthu  Unit 701, /F., The Phoenix, 21-25 Luard Road, Wanchai, Hong Kong	500,000 common shares Indirect ownership through Banavees Resources	0.5%
Directors and Executive Officers as a Group (1)	6,906,910 common shares	7.5%
Borneo Oil & Gas Corporation Sdn Bhd	11,236,409 common shares Direct ownership	12.3%
Internet.com Ltd	6,406,910 common shares Direct ownership	7.0%
C&K Holdings Pte Ltd	6,016,260 common shares Direct ownership	6.6%
Dynamic State Investments Ltd.	5,650,407 common shares Direct ownership	6.2%
Goldlynn Invest Limited	4,746,341 common shares Direct ownership	5.2%

(1) Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person's actual ownership or voting power with respect to the number of shares of common stock actually outstanding on September 30, 2015. As of October 13, 2015, there were 91,288,909 shares of our company's common stock issued and outstanding.

(2) Balakrishnan Muthu, our CFO and a Director, and Borneo Oil & Gas Corporation Sdn Bhd have not filed their respective Forms 3. Both shareholders expect to file the forms in the near future.

Changes in Control    

We are unaware of any contract or other arrangement the operation of which may at a subsequent date result in a change in control of our company.

45

Item 13.     Certain Relationships and Related Transactions, and Director Independence.

Messrs. Wu, and Muthu, our only directors, are not independent directors as they also serve as our executive officers.

Item 14.     Principal Accounting Fees and Services.

The aggregate fees billed for the most recently completed fiscal year ended June 30, 2015 and 2014 for professional services rendered by the principal accountant for the audit of our annual financial statements on Form 10-K, and review of the financial statements included in our quarterly reports on Form 10-Q and services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for these fiscal periods were as follows:

	Year Ended June 30, 2015		Year Ended June 30, 2014
Audit Fees (1)	$	40,000	$	50,000
Audit Related Fees (2)	$	0	$	0
Tax Fees (3)	$	2,000	$	0
All Other Fees (4)	$	0	$	0
Total	$	42,000	$	50,000

(1) Audit fees consist of fees incurred for professional services rendered for the audit of our financial statements, for reviews of our interim financial statements included in our quarterly reports on Form 10-Q and for services that are normally provided in connection with statutory or regulatory filings or engagements.

(2) Audit-related fees consist of fees billed for professional services that are reasonably related to the performance of the audit or review of our financial statements, but are not reported under "Audit fees."

(3) Tax fees consist of fees billed for professional services relating to tax compliance only.

(4) All other fees consist of fees billed for all other services.

Our board of directors pre-approves all services provided by our independent auditors. All of the above services and fees were reviewed and approved by the board of directors either before or after the respective services were rendered.

Our board of directors has considered the nature and amount of fees billed by our independent auditors and believes that the provision of services for activities unrelated to the audit is compatible with maintaining our independent auditors' independence.

46

PART IV

 Item 15.     Exhibits, Financial Statement Schedules

Exhibits

In reviewing the agreements included as exhibits to this Form 10-K, please remember that they are included to provide you with information regarding their terms and are not intended to provide any other factual or disclosure information about the Company or the other parties to the agreements. The agreements may contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the parties to the applicable agreement and:

• should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;

• have been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;

• may apply standards of materiality in a way that is different from what may be viewed as material to you or other investors; and

• were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments.

Accordingly, these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time. Additional information about the Company may be found elsewhere in this Form 10-K and the Company's other public filings, which are available without charge through the SEC's website at http://www.sec.gov.

The following exhibits are included as part of this report:

Exhibit No.	SEC Report Reference No.	Description
3.1	3.1	Articles of Incorporation of Registrant (1)
3.2	3.2	By-Laws of Registrant (2)
14.1	14.1	Code of Ethics (3)
31.1	*	Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer
31.2	*	Rule 13a-14(a)/15d-14(a) Certification of Principal Financial Officer
32.1	*	Rule 1350 Certification of Chief Executive Officer
32.2	*	Rule 1350 Certification of Chief Financial Officer
101.INS (4)	*	XBRL Instance
101.SCH (4)	*	XBRL Taxonomy Extension Schema
101.CAL (4)	*	XBRL Taxonomy Extension Calculations
101.DEF (4)	*	XBRL Taxonomy Extension Definitions
101.LAB (4)	*	XBRL Taxonomy Extension Labels
101.PRE (4)	*	XBRL Taxonomy Extension Presentation

47

(1) Filed with the Securities and Exchange Commission on December 2, 2010 as an exhibit, numbered as indicated above, to the Registrant's registration statement on Form S-1 (file no.   333-17093   5), which exhibit is incorporated herein by reference.

(2) Filed with the Securities and Exchange Commission on July 19, 2011 as an exhibit, numbered as indicated above, to the Registrant's Form 8-K (file no. 333-170935), which exhibit is incorporated herein by reference.

(3) Filed with the Securities and Exchange Commission on September 28, 2011 as an exhibit, numbered as indicated above, to the Registrant's Form 10-K (file no. 333-170935), which exhibit is incorporated herein by reference.

(4) XBRL Information is furnished and not filed or a part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, as amended, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

* Filed herewith.

48

SIGNATURES    

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	VERDE RESOURCES, INC.
	(Registrant)
Dated: October 13, 2015	/s/ Wu Ming Ding
	Wu Ming Ding
	President and Director
	(Principal Executive Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Dated:  October 13, 2015	/s/ Wu Ming Ding
	Wu Ming Ding
	President and Director
	(Principal Executive Officer)
Date:  October 13, 2015	/s/ Balakrishnan B S Muthu
	Balakrishnan B S Muthu
	Chief Financial Officer, Treasurer, General Manager and Director
	(Principal Financial Officer)

49

EX-31.1

EXHIBIT 31.1

CERTIFICATIONS OF PRINCIPAL EXECUTIVE OFFICER

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Wu Ming Ding, certify that:

1. I have reviewed this Annual Report on Form 10-K of Verde Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this quarterly report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weakness in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 13, 2015	“Wu Ming Ding"
	Wu Ming Ding
	President

EX-31.2

EXHIBIT 31.2

CERTIFICATIONS OF PRINCIPAL FINANCIAL OFFICER

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Balakrishnan B S Muthu, certify that:

1. I have reviewed this Annual Report on Form 10-K of Verde Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this quarterly report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weakness in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 13, 2015	"Balakrishnan B S Muthu"
	Balakrishnan B S Muthu
	Chief Financial Officer

EX-32.1

EXHIBIT 32.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Verde Resources, Inc. (the "Company") on Form 10-K for the year ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Wu Ming Ding, President of the Company, certify, pursuant to 18 U.S.C. Sect. 1350, as adopted pursuant to Sect. 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 13th day of October, 2015

/s/ Wu Ming Ding                         

Wu Ming Ding, President

EX-32.2

EXHIBIT 32.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Verde Resources, Inc. (the "Company") on Form 10-K for the year ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Balakrishan B S Muthu, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Sect. 1350, as adopted pursuant to Sect. 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 13th day of October, 2015

/s/ Balakrishnan B S Muthu                         

Balakrishan B S Muthu, Chief Financial Officer

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INVENTORIES - (Detail Textuals)	Jun. 30, 2015	Jun. 30, 2014
Inventory [Line Items]
Percentage of shares	8.00%	8.00%
Sub-contractor
Inventory [Line Items]
Percentage of shares	92.00%	92.00%

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CAPITAL STOCK (Detail Textuals) - USD ($)			1 Months Ended				12 Months Ended
	Mar. 10, 2014	Nov. 11, 2013	Jan. 21, 2015	Jan. 29, 2014	Oct. 25, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014
Stockholders Equity [Line Items]
Common stock, shares authorized							250,000,000	100,000,000
Preferred stock, shares authorized							50,000,000	50,000,000
Common stock, par value (in dollars per share)							$ 0.001	$ 0.001
Preferred stock, par value (in dollars per share)							$ 0.001	$ 0.001
Number of vote entitled to each common shareholder							Each common share entitles the holder to one vote
Proceeds from issuance of common stock						$ 84,100
Common stock, value						3,978	$ 91,289	$ 85,389
Additional paid-in capital						$ 80,122	$ 1,869,993	$ 1,580,893
Common stock, shares issued							91,288,909	85,388,909
Common stock, shares outstanding							91,288,909	85,388,909
Federal Mining Resources Limited | Assignment Agreement
Stockholders Equity [Line Items]
Number of shares issued in exchange for mining lease					80,000,000
Marketing Management International, LLC ("MMI") | Consultant Agreement
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)		75,000
Common stock issued for services, Per share		$ 1.75
Borneo Oil And Gas Corporation Sdn Bhd
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)							5,900,000
Common stock issued for services, Per share							$ 0.05
Borneo Oil And Gas Corporation Sdn Bhd | Consultant Agreement
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)			5,900,000
Common stock issued for services, Per share			$ 0.05
Borneo Oil And Gas Corporation Sdn Bhd | Sub-Contractor Agreement
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)	693,180			643,229
Value of stock issued for services	$ 609,756			$ 665,238
Borneo Oil And Gas Corporation Sdn Bhd | Sub-Contractor Agreement | $1.25
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)				288,288
Common stock issued for services, Per share				$ 1.25
Borneo Oil And Gas Corporation Sdn Bhd | Sub-Contractor Agreement | $0.83
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)				183,661
Common stock issued for services, Per share				$ 0.83
Borneo Oil And Gas Corporation Sdn Bhd | Sub-Contractor Agreement | $0.85
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)	179,340
Common stock issued for services, Per share	$ 0.85
Borneo Oil And Gas Corporation Sdn Bhd | Sub-Contractor Agreement | $0.89
Stockholders Equity [Line Items]
Number of common stock issued for services (in shares)	513,840			171,280
Common stock issued for services, Per share	$ 0.89			$ 0.89
Equity issuance one
Stockholders Equity [Line Items]
Common shares issued for cash (in shares)						2,500,000
Common shares issued for cash (in dollars per share)						$ 0.01
Equity issuance two
Stockholders Equity [Line Items]
Common shares issued for cash (in shares)						1,477,500
Common shares issued for cash (in dollars per share)						$ 0.04

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) - maturities of CSL's hire purchase installment loans (Parentheticals) (Details 2)	Jun. 30, 2015 USD ($)
Debt Disclosure [Abstract]
Imprest charges equivalent to interest, current portion	$ 2,679
Imprest charges equivalent to interest, non - current portion	$ 1,357

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RELATED PARTY TRANSACTIONS (Detail Textuals) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Advances made by five companies	$ 2,228,996
Amount due from related parties	3,017	$ 15,167
Revenue on sold of gold	831,339	$ 1,260,002
Borneo Oil And Gas Corporation Sdn Bhd
Related Party Transaction [Line Items]
Revenue on sold of gold	267,809
Cost of revenue	$ 614,265
Number of common stock issued for services (in shares)	5,900,000
Common stock issued for services, Per share	$ 0.05

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) - Summary of Hire purchase installment loans (Parentheticals) (Details 1)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Average annual rate of imprest charges equivalent to interests	5.26%

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ORGANIZATION AND DESCRIPTION OF BUSINESS (Detail Textuals)	1 Months Ended
	Mar. 17, 2014	Jul. 31, 2013	Apr. 01, 2014	Feb. 17, 2014
Gold Billion Global Limited
Variable Interest Entity [Line Items]
Equity interest ownership percentage				100.00%
Champmark SDN BHD ("CSB")
Variable Interest Entity [Line Items]
Variable interest, ownership percentage		85.00%
Champmark SDN BHD ("CSB") | Gold Billion Global Limited
Variable Interest Entity [Line Items]
Non-controlling interest, percentage				15.00%
Equity interest ownership percentage			85.00%	85.00%
Champmark SDN BHD ("CSB") | Gold Billion Global Limited | Borneo Oil And Gas Corporation Sdn Bhd
Variable Interest Entity [Line Items]
Term of contract	5 years
Renewal term of subcontract	5 years

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CONCENTRATIONS - Summary of major suppliers and customers (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplier Concentration Risk | Subcontractors | Company A
Concentration Risk [Line Items]
Concentration risk, percentage	100.00%	100.00%
Supplier Concentration Risk | Accounts Payable | Company A
Concentration Risk [Line Items]
Concentration risk, percentage	0.00%	0.00%
Customer Concentration Risk | Company M | Sales
Concentration Risk [Line Items]
Concentration risk, percentage	21.00%	77.00%
Customer Concentration Risk | Company M | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	0.00%	0.00%
Customer Concentration Risk | Company N | Sales
Concentration Risk [Line Items]
Concentration risk, percentage	32.00%	23.00%
Customer Concentration Risk | Company N | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	0.00%	0.00%
Customer Concentration Risk | Company O | Sales
Concentration Risk [Line Items]
Concentration risk, percentage	35.00%	0.00%
Customer Concentration Risk | Company O | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	0.00%	0.00%
Customer Concentration Risk | Company P | Sales
Concentration Risk [Line Items]
Concentration risk, percentage	12.00%	0.00%
Customer Concentration Risk | Company P | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	0.00%	0.00%

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AMOUNT DUE FROM RELATED PARTIES (Tables)

12 Months Ended

Jun. 30, 2015

Due from Related Parties, Current [Abstract]

Amount due from related parties

	June 30, 2015			June 30, 2014
Amount due from BOG (*1)		$	-		$	15,167
Amount due from Stable Treasure Sdn. Bhd. (*2)			3,017			-
		$	3,017		$	15,167

(*1) BOG is one of the shareholders of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(*2) One of the directors of Stable Treasure Sdn. Bhd., Mr. Balakrishnan B S Muthu is also the director of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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INCOME TAX - Reconciliation between the income tax computed at the Japan statutory rate and provision for income tax (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
US Federal Income Tax Rate	34.00%	34.00%
Valuation allowance - US Rate	(34.00%)	(34.00%)
BVI Income Tax Rate	0.00%	0.00%
Valuation allowance - BVI Rate	(0.00%)	(0.00%)
Malaysia Income Tax Rate	25.00%
Valuation allowance - Malaysia Rate	(25.00%)	(25.00%)
Provision for income tax

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PROPERTY, PLANT AND EQUIPMENT - Summary of property and equipment (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Line Items]
Accumulated depreciation	$ (2,058,646)	$ (1,943,831)
Property, plant and equipment, Net	478,225	1,230,295
Land and Building
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,039,848	1,223,512
Plant and Machinery
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	163,780	213,552
Office equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	20,821	24,499
Project equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,179,193	1,388,760
Computer
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,325	13,326
Motor Vehicle
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 121,904	$ 310,477

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AMOUNT DUE FROM RELATED PARTIES (Details) - USD ($)		Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Amount due from related parties		$ 3,017	$ 15,167
BOG
Related Party Transaction [Line Items]
Amount due from related parties	[1]		$ 15,167
Stable Treasure Sdn. Bhd.
Related Party Transaction [Line Items]
Amount due from related parties	[2]	$ 3,017

[1] BOG is one of the shareholders of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

[2] One of the directors of Stable Treasure Sdn. Bhd., Mr. Balakrishnan B S Muthu is also the director of the Company. The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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INCOME TAX (Detail Textuals)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Corporate income tax	25.00%

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) - maturities of CSL's hire purchase installment loans (Details 2) - USD ($)	Jun. 30, 2015		Jun. 30, 2014
Debt Disclosure [Abstract]
2016	$ 42,264
2017	30,012
2018	5,631
2019	2,710
2020	$ 211
Later years
Total minimum hire purchase installment payment	$ 80,828		$ 146,212
Less: Amount representing imprest charges equivalent to interest (current portion: $2,679 and non-current portion:$1,357)	4,036		9,213
Total	$ 76,792	[1]	$ 136,999

[1] Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

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CASH AND CASH EQUIVALENT

12 Months Ended

Jun. 30, 2015

Cash and Cash Equivalents [Abstract]

CASH AND CASH EQUIVALENT

NOTE 3 - CASH AND CASH EQUIVALENT

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents.  At of June 30, 2015 and June 30, 2014 cash and cash equivalents consisted of bank deposits in banks in Malaysia and petty cash on hands.

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PROPERTY, PLANT AND EQUIPMENT (Detail Textuals) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 564,117	$ 763,740

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) (Tables)

12 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Schedule of the summary of loans from banks

	June 30, 2015		June 30, 2014
Loans from banks	$	39,585	$	59,121
Loans from banks(non-current)		37,207		77,878
Total	$	76,792	$	136,999

Schedule of hire purchase installment

						June 30, 2015		June 30, 2014
	Interest Rate			Monthly Due
Financial institution in Malaysia		N/A	*		306	$	-	$	3,602
Financial institution in Malaysia		N/A	*		655		655		9,298
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		1,055		7,387		23,593
Financial institution in Malaysia		N/A	*		1,724		43,105		75,067
Financial institution in Malaysia		N/A	*		302		8,461		14,228
Financial institution in Malaysia		N/A	*		226		11,050		-
Hire purchase loans payable to banks						$	80,828	$	146,212

(*) Hire purchase installment loans with Motor Vehicles as collateral. The financial institutions in Malaysia are Islamic banks and bear no interest in the installment agreement. However, there are certain imprest charges equivalent to interests which are being calculated at an average annual rate of approximate 5.26% for the rest of entire loans life and periods.

Schedule of maturities of the CSL's hire purchase installment loans

June 30,
2016	$	42,264
2017		30,012
2018		5,631
2019		2,710
2020		211
Later years
Total minimum hire purchase installment payment	$	80,828
Less: Amount representing imprest charges equivalent to interest (current portion: $2,679 and non-current portion:$1,357)		4,036
Present value of net minimum lease payments (#)	$	76,792

(#) Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

 

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PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

	June 30, 2015			June 30, 2014
Land and Building	$	1,039,848		$	1,223,512
Plant and Machinery		163,780			213,552
Office equipment		20,821			24,499
Project equipment		1,179,193			1,388,760
Computer		11,325			13,326
Motor Vehicle		121,904			310,477
Accumulated depreciation		(2,058,646	)		(1,943,831	)
	$	478,225		$	1,230,295

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GOING CONCERN AND LIQUIDITY CONSIDERATIONS (Detail Textuals) - USD ($)	4 Months Ended	8 Months Ended	12 Months Ended
	Oct. 25, 2013	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Going Concern And Liquidity Considerations [Abstract]
Loss from operations	$ (414,871)	$ (875,923)	$ (1,497,716)	$ (1,290,794)
Working capital deficiency			$ (2,238,692)

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) - Loans from banks include long term and short term (Details) - USD ($)	Jun. 30, 2015		Jun. 30, 2014
Debt Disclosure [Abstract]
Loans from banks	$ 39,585		$ 59,121
Loans from banks (non-current)	37,207		77,878
Total	$ 76,792	[1]	$ 136,999

[1] Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

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INCOME TAX (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of reconciliation between the income tax at statutory rate and the Company's provision for income tax

	For the year ended	For the period ended
	June 30, 2015	June 30, 2014
US Federal Income Tax Rate.	34%	34%
Valuation allowance – US Rate	(34%)	(34%)
BVI Income Tax Rate	0%	0%
Valuation allowance – BVI Rate	(0%)	(0%)
Malaysia Income Tax Rate	25%	25%
Valuation allowance – Malaysia Rate	(25%)	(25%)
Provision for income tax	-	-

Schedule of deferred tax liabilities and assets, net

	June 30, 2015				June 30, 2014
Deferred tax assets:
Tax attribute carryforwards		$	509,223			$	438,870
Valuation allowances			(509,223	)			(438,870	)
Total		$	-			$	-

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EARNINGS/(LOSS) PER SHARE (Tables)

12 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share

		Year Ended June 30,
		2015			2014
Net loss applicable to common shares		$	(1,371,788	)	$	(1,138,369	)
Weighted average common shares
outstanding (Basic)			87,991,375			59,084,742
Options	`		-			-
Warrants			-			-
Weighted average common shares
outstanding (Diluted)			87,991,375			59,084,742
Net loss per share (Basic and Diluted)		$	(0.02	)	$	(0.02	)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (GAAP).  These consolidated financial statements are expressed in United States dollars ($).  Financial statements prepared in accordance with GAAP contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. These condensed consolidated audited financial statements include all adjustments that, in the opinion of management, are necessary in order to make the financial statements not misleading.

Basis of Consolidation

The condensed consolidated financial statements include the financial statements of Verde Resources, Inc., its wholly owned subsidiary Gold Billion Global Limited ("GBL") and the 85% of the deemed subsidiary variable interest of Champmark SDN BHD ("CSB"). All inter-company balances and transactions between the Company and its subsidiary and variable interest entity (VIE) have been eliminated upon consolidation.

The Company has adopted ASC Topic 810-10-5-8, "Variable Interest Entities", which requires a variable interest entity or VIE to be consolidated by a company if that company is subject to a majority of the risk of loss for the VIE or is entitled to receive a majority of the VIE's residual returns.

Variable Interest Entity

On July 1, 2013, the Company's subsidiary, GBL entered into a series of agreements ("VIE agreements") with FMR and details of the VIE agreements are as follows :

1.	Management Agreement, FMR entrusted the management rights of its subsidiary CSB to GBL that include:
i)	management and administrative rights over the day-to-day business affairs of CSB and the mining operation at Site IV-1 of the Merapoh Gold Mine;
ii)	final right for the appointment of members to the Board of Directors and the management team of CSB;
iii)	act as principal of CSB;
iv)	obligation to provide financial support to CSB;
v)	option to purchase an equity interest in CSB;
vi)	entitlement to future benefits and residual value of CSB;
vii)	right to impose no dividend policy;
viii)	human resources management.

2. Debt Assignment, FMR assigned to GBL the sum of money in the amount of US Dollars One Hundred Nine Thousand Eight Hundred One And Cents Seventy-Two Only (US$ 109,801,72), now due to GBL from CSB under the financing obligation from the FMR to CSB.

With the above agreements, GBL demonstrates its ability to control CSB as the primary beneficiary and the operating results of the VIE was included in the condensed consolidated financial statements for the year ended June 30, 2014.

On April 1, 2014, the Board of Director of GBL notified FMR upon the decision to exercise the right of option to purchase 85% equity interest of CSB under Management Agreement Section 3.2.4 dated July 1, 2013 between GBL and FMR. This acquisition was completed on April 1, 2014 with consideration of US$1. GBL then became 85% shareholder of CSB and is required to consolidate CSB as a subsidiary.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates. The Company's periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $36,927 and $121,781 in cash and cash equivalents at June 30, 2015 and June 30, 2014, respectively.

Concentrations of Credit Risk

The Company's financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Company's management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Risks and Uncertainties

The Company operates in the resource exploration industry that is subject to significant risks and uncertainties, including financial, operational, technological, and other risks associated with operating a resource exploration business, including the potential risk of business failure.

Accounts Receivable

Accounts receivable are recognized and carried at net realizable value.  An allowance for doubtful accounts will be recorded in the period when a loss is probable based on an assessment of specific evidence indicating troubled collection, historical experience, accounts aging, ongoing business relation and other factors.  Accounts are written off after exhaustive efforts at collection.  If accounts receivable are to be provided for, or written off, they would be recognized in the consolidated statement of operations within operating expenses.  At June 30, 2015 and June 30, 2014, the Company has no allowance for doubtful accounts, as per management's judgment based on their best knowledge.  As of June 30, 2015 and June 30, 2014, the longest credit term for certain customers are 60 days.

Provision for Doubtful Accounts

The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivables and reviews accounts receivable by amounts due by customers which are past due to identify specific customers with known disputes or collectability issues. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of customers based on past collection experience and ongoing credit risk evaluations.  At June 30, 2015 and June 30, 2014 there was no allowance for doubtful accounts.

Fair Value

ASC Topic 820 "Fair Value Measurement and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

l	Level 1—defined as observable inputs such as quoted prices in active markets;
l	Level 2—defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
l	Level 3—defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The Company's financial instruments consist of cash and cash equivalents, trade receivables, other receivables, payables, and short term and long term debt. The carrying values of cash and cash equivalents, trade receivables, other receivables, and payables approximate their fair value due to their short maturities. The carrying value of long term debt approximates the fair value of debt of similar terms and remaining maturities available to the company.

The Company's non-financial assets are measured on a recurring basis. These non-financial assets are measured for impairment annually on the Company's measurement date at the reporting unit level using Level 3 inputs. For most assets, ASC 820 requires that the impact of changes resulting from its application be applied prospectively in the year in which the statement is initially applied.

The Company's non-financial assets measured on a non-recurring basis include the Company's property, plant and equipment and finite-use intangible assets which are measured for recoverability when indicators for impairment are present.  ASC 820 requires companies to disclose assets and liabilities measured on a non-recurring basis in the period in which the re-measurement at fair value is performed.

The Company did not have any convertible bonds as of June 30, 2015 and June 30, 2014.

Foreign Currency Translation

The Company's reporting currency is the United States dollar ("$") and the accompanying consolidated financial statements have been expressed in United States dollars. The Company's functional currency is the Malaysian Ringgit ( "MYR") which is a functional currency as being the primary currency of the economic environment in which their operations are conducted.

In accordance with ASC Topic 830 "Translation of Financial Statements" , capital accounts of the consolidated financial statements are translated into United States dollars from MYR at their historical exchange rates when the capital transactions occurred.  Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the respective year.  The resulting exchange differences are recorded in the consolidated statement of operations.

	June 30, 2015	June 30, 2014
Year-end MYR : $1 exchange rate	0.2644	0.3111
Average MYR : $1 exchange rate	0.2883	0.3070

Comprehensive Income

Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. Comprehensive income includes net income and the foreign currency translation changes.

Segment Reporting

The Company currently engages in one operation segment: Gold Mining. The expenses incurred were consisting principally of management services.  The Company's major operation is located in Malaysia.

Mineral Acquisition and Exploration Costs

The Company has been in the exploration stage since its formation on April 22, 2010. It has been primarily engaged in the acquisition, exploration, and development of mining properties.  The Company was no longer considered to be in the exploration stage after the reverse take-over with its subsidiary GBL.

Mineral property acquisition and exploration costs are expensed as incurred.  When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized.  Such costs will be amortized using the units-of-production method over the estimated life of the probable reserves.

Environmental Expenditures

The operations of the Company have been, and may in the future be affected from time to time in varying degree by changes in environmental regulations, including those for future reclamation and site restoration costs.  Both the likelihood of new regulations and their overall effect upon the Company vary greatly and are not predictable.  The Company's policy is to meet or, if possible, surpass standards set by relevant legislation by application of technically proven and economically feasible measures.

Environmental expenditures that relate to ongoing environmental and reclamation programs are charged against earnings as incurred or capitalized and amortized depending on their future economic benefits.  All of these types of expenditures incurred since inception have been charged against earnings due to the uncertainty of their future recoverability.  Estimated future reclamation and site restoration costs, when the ultimate liability is reasonably determinable, are charged against earnings over the estimated remaining life of the related business operation, net of expected recoveries.

Revenue Recognition

In accordance with the ASC Topic 605, "Revenue Recognition", the Company recognizes revenue when persuasive evidence of an arrangement exists, transfer of title has occurred or services have been rendered, the selling price is fixed or determinable and collectibility is reasonably assured.

The Company derives revenues primarily from the sales of gold mineral to registered gold trading companies in Malaysia. The Company generally recognizes its revenues at the time of gold sales and its selling price is determined by the prevailing market value of gold bullion quoted by the leading registered gold trading company in Malaysia. Sales invoice will be duly presented to the trading companies when delivery is completed and revenue is then recognized.

Cost of Revenue

The cost of revenue consists of exploration cost, mine equipment depreciation, production cost, mine site management cost, sub-contractor cost, and royalty and tribute payment which are levied on the gross revenue at the rate of 18% on the invoiced value of gold sales.

Advertising Expenses

Advertising costs are expensed as incurred under ASC Topic 720, "Advertising Costs" . Advertising expenses incurred for the years ended June 30, 2015 and year ended June 30, 2014 were $0.

Income Taxes

The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, "Accounting for Income Taxes" ("ASC 740").  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.  As of June 30, 2015 and June 30, 2014, the Company did not have any significant unrecognized uncertain tax positions.

Recent Accounting Pronouncements

The FASB has issued Accounting Standards Update (ASU) No, 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory.Topic 330, Inventory, currently requires an entity to measure inventory at the lower of cost or market. Market could be replacement cost, net realizable value, or net realizable value less an approximately normal profit margin.The amendments do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost.
An entity should measure in scope inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method.The amendments more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards.For public business entities, the amendments are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period.

If elected, the accounting alternative should be applied to all leasing arrangements meeting the above conditions. The alternative should be applied retrospectively to all periods presented, and is effective for annual periods beginning after December 15, 2014, and interim periods within annual periods beginning after December 15, 2015. Early application is permitted for all financial statements that have not yet been made available for issuance.

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CONCENTRATIONS (Tables)

12 Months Ended

Jun. 30, 2015

Major suppliers

Concentration Risk [Line Items]

Schedules of concentration of risk

	Subcontractors			Accounts Payable
		Year	Year
		Ended	Ended
Major Suppliers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company A		100%	100%	0%	0%

Major customers

Concentration Risk [Line Items]

Schedules of concentration of risk

	Sales			Accounts Receivable
		Year	Year
		Ended	Ended
Major Customers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company M		21%	77%	0%	0%
Company N		32%	23%	0%	0%
Company O		35%	0%	0%	0%
Company P		12%	0%	0%	0%

 

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ACCOUNTS PAYABLE AND ADVANCED FROM SUB-CONTRACTOR AND RELATED PARTIES - Summary of accounts payable (Details) - USD ($)		Jun. 30, 2015	Jun. 30, 2014
Payables and Accruals [Abstract]
Due to Changxin Wanlin Technology Co Ltd	[1]	$ 1,704,474	$ 2,003,630
Other accounts payable		24,830	15,447
Total accounts payable		$ 1,729,304	$ 2,019,077

[1] Due to Changxin Wanlin Technology Co Ltd are accounts payable derived from ordinary business transactions. One of the directors of Changxin Wanlin Technology Co. Ltd., Wu Ming Ding, is also the director of CSB. This accounts payable bears no interest or collateral, repayable and renewable under normal business accounts payable terms.

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EARNINGS/(LOSS) PER SHARE - Computation of basic and diluted earnings per share (Details) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net loss applicable to common shares	$ (1,371,788)	$ (1,138,369)
Weighted average common shares outstanding (Basic)	87,991,375	59,084,742
Options
Warrants
Weighted average common shares outstanding (Diluted)	87,991,375	59,084,742
Net loss per share (Basic and Diluted) (in dollars per share)	$ (0.02)	$ (0.02)

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Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Current Assets
Cash and cash equivalents	$ 36,927	$ 121,781
Accounts receivable from related parties	3,017	15,167
Inventories	11,865	64,204
Other deposit & prepayment	161,431	58,701
Total Current Assets	213,240	259,853
Long Term Assets
Property, plant and equipment	478,225	1,230,295
Total Long Term Assets	478,225	1,230,295
TOTAL ASSETS	691,465	1,490,148
Current Liabilities
Accounts payable	1,729,304	2,019,077
Advanced from related parties	524,522	161,239
Accrual	157,026	$ 172,223
Taxation payable	1,495
Loans from banks	$ 39,585	$ 59,121
Other payables
Total Current Liabilities	$ 2,451,932	$ 2,411,660
Long term Liabilities
Loans from banks (non-current)	37,207	77,878
Total Long Term Liabilities	37,207	77,878
TOTAL LIABILITIES	$ 2,489,139	$ 2,489,538
STOCKHOLDERS' DEFICIT
Preferred stock, par value $0.001, 50,000,000 shares authorized, none issued and outstanding
Common stock, with par value of $0.001 as of June 30, 2015 and June 30, 2014, 250,000,000 shares and 100,000,000 shares authorized as of June 30, 2015 and June 30, 2014, 91,288,909 and 85,388,909 shares issued and outstanding as of June 30, 2015 and June 30, 2014	$ 91,289	$ 85,389
Additional paid-in capital	1,869,993	1,580,893
Accumulated deficit	(3,653,699)	(2,281,911)
Accumulated other comprehensive income (loss)	404,021	(411)
Non-controlled interest	(509,278)	(383,350)
Total Stockholders' Deficit	(1,797,674)	(999,390)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 691,465	$ 1,490,148

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS)- Summary of hire purchase installment loans (Details 1) - USD ($)		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Hire purchase loans payable to banks		$ 80,828	$ 146,212
Financial institution in Malaysia
Debt Instrument [Line Items]
Hire purchase loans payable to banks		$ 80,828	146,212
Financial institution in Malaysia | Installment One
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks			3,602
Monthly Due		$ 306
Financial institution in Malaysia | Installment Two
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 655	9,298
Monthly Due		$ 655
Financial institution in Malaysia | Installment Three
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 5,085	10,212
Monthly Due		$ 300
Financial institution in Malaysia | Installment Four
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 5,085	10,212
Monthly Due		$ 300
Financial institution in Malaysia | Installment Five
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 7,387	23,593
Monthly Due		$ 1,055
Financial institution in Malaysia | Installment Six
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 43,105	75,067
Monthly Due		$ 1,724
Financial institution in Malaysia | Installment Seven
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 8,461	$ 14,228
Monthly Due		$ 302
Financial institution in Malaysia | Installment Eight
Debt Instrument [Line Items]
Interest Rate	[1]
Hire purchase loans payable to banks		$ 11,050
Monthly Due		$ 226

[1] Hire purchase installment loans with Motor Vehicles as collateral. The financial institutions in Malaysia are Islamic banks and bear no interest in the installment agreement. However, there are certain imprest charges equivalent to interests which are being calculated at an average annual rate of approximate 5.26% for the rest of entire loans life and periods.

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Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net loss	$ (1,497,716)	$ (1,290,794)
Adjustments to reconcile loss to net cash used in operations
Depreciation	564,117	763,740
Reorganization		(3,387,628)
Gain on disposal of fixed assets	(16,996)	(15,114)
Issuance of common stock (non-cash)	295,000	211,250
(Increase) decrease in:
Accounts receivable from related party	9,874	(14,969)
Deposits and prepayment	(103,309)	(58,650)
Inventory	42,701	(63,361)
Increase (decrease) in:
Accounts payable	199,373	1,992,576
Accrued liabilities	3,223	131,800
Advanced from sub-contractor & related parties	179,994	118,078
GST Tax payable	1,495
Net cash (used in) operating activities	(322,244)	(1,613,072)
Cash flows from investing activities:
Proceeds from disposal of plant and equipment	92,646	162,394
Addition of motor vehicle	(16,190)
Net cash provided by investing activities	76,456	162,394
Cash flows from financing activities:
Proceeds from bank loans	137,774	301,506
Repayments of bank loans	(98,132)	(166,305)
Shareholders' loan waived		95,938
Proceeds from issuance of common stock		1,274,994
Net cash provided by financing activities	39,642	1,506,133
Net increase (decrease) in cash and cash equivalents	(206,146)	55,455
Effect of exchange rate changes on cash	121,292	64,224
Net increase (decrease) in cash and cash equivalents	(84,854)	119,679
Cash and cash equivalents at beginning of year	121,781	2,102
Cash and cash equivalents at end of year	$ 36,927	$ 121,781
Supplementary cash flow information
Income taxes paid
Interest paid	$ 5,242	$ 11,406
Supplementary non-cash information
Reorganization		(3,387,628)
Issuance of common stock (non-cash)	$ 295,000	$ 211,250

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - Gold Billion Global Limited - USD ($)		1 Months Ended
	Apr. 01, 2014	Jul. 31, 2013	Feb. 17, 2014
Variable Interest Entity [Line Items]
Equity interest ownership percentage			100.00%
Champmark SDN BHD ("CSB")
Variable Interest Entity [Line Items]
Equity interest ownership percentage	85.00%		85.00%
Amount transferred during period		$ 10,980,172
Consideration amount for acquisition	$ 1

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SUBSEQUENT EVENTS

12 Months Ended

Jun. 30, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 16 - SUBSEQUENT EVENTS

The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and determined that there are no additional items to disclose.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals 1)	12 Months Ended
	Jun. 30, 2015 USD ($) Segment	Jun. 30, 2014 USD ($)	Jul. 01, 2013 USD ($)
Accounting Policies [Abstract]
Cash and cash equivalents	$ 36,927	$ 121,781	$ 2,102
Longest credit term for certain customers	60 days
Number of operating segments | Segment	1
Percentage of gross revenue as cost of revenue	18.00%
Advertising expenses	$ 0	$ 0

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Schedule of exchange differences recorded in consolidated statement of operations

	June 30, 2015	June 30, 2014
Year-end MYR : $1 exchange rate	0.2644	0.3111
Average MYR : $1 exchange rate	0.2883	0.3070

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ORGANIZATION AND DESCRIPTION OF BUSINESS

12 Months Ended

Jun. 30, 2015

Organization And Description Of Business [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Verde Resources, Inc. (the "Company" or "VRDR") was incorporated on April 22, 2010 in the State of Nevada, U.S.A.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company's fiscal year end is June 30.

Gold Billion Global Limited ("Gold Billion" or "GBL") was incorporated in British Virgin Islands on February 7, 2013. GBL is setup by the Board of Director of Federal Mining Resources Limited ("FMR"). The major operation of GBL is to manage and monitor the mineral exploration and mining projects of FMR.

On July 1, 2013, FMR has assigned its rights and obligation on Champmark Sdn Bhd ("CSB") to GBL. Four of the five members of CSB Board of Directors were appointed by FMR, with two of the GBL Board of Directors currently sitting on the CSB Board. According to ASC 810-05-08 A, CSB is a deemed subsidiary of GBL where it has controlled the CSB Board of Directors, has assigned rights to receive future benefits and residual value, and obligation to absorb loss and finance for CSB by GBL. GBL has the power to direct the activities of CSB that most significantly impact CSB's economic performance and the obligation to absorb losses of CSB that could potentially be significant to the CSB or the right to receive benefits from CSB that could potentially be significant to CSB. GBL is the primary beneficiary of CSB because it has been assigned with all relevant rights and obligation and can direct the activities of CSB through the common directors and the 85% shareholder, FMR. Under 810-23-42, 43, it is determined that CSB is de-facto agent of GBL and GBL is the de-facto principal of CSB. GBL will start to consolidate CSB from July 1, 2013 and the Company will consolidated GBL and CSB from October 25, 2013 onwards.

On February 17, 2014, the Company entered into a Supplementary Agreement to the Assignment Agreement and completed an acquisition of GBL pursuant to the Supplementary Agreement. The acquisition was a reverse acquisition in accordance with ASC 805-40 "Reverse Acquisitions". The legal parent was VRDR which was the accounting acquiree while GBL was the accounting acquirer. There was a 15% non-controlling interest of Champmark SDN BHD ("CSB") after the acquisition. This transaction was accounted for as a recapitalization effected by a share exchange, wherein GBL with its 85% deemed subsidiary CSB was considered the acquirer for accounting and financial reporting purposes. The assets and liabilities of the acquired entity have been brought forward at their book value and no goodwill has been recognized.

As a result of the acquisition, the Company holds 100% equity interest in GBL and 85% variable interest in CSB. Our consolidated subsidiaries include GBL being our wholly-owned subsidiary and 85% of CSB being a variable interest entity (VIE) and deemed subsidiary of GBL.

On March 17, 2014, the Company through GBL and its deemed subsidiary CSB entered into a Sub-Contract Agreement with Borneo Oil & Gas Corporation Sdn Bhd ("BOG") for the engagement of its sub-contractor services to carry out exploration and exploitation works on alluvial and lode gold resources at Site IV-1 of the Merapoh Mine. The Sub-Contract Agreement is for a period of 5 years with a renewal for another 5 years subject to review by both parties. BOG is a wholly-owned subsidiary of Borneo Oil Berhad (BOB) which is listed on the main market of Kuala Lumpur Stock Exchange. BOG being a local company in Malaysia provides the Company with the advantage of local knowledge and well-established connection in dealing with the relevant local authorities in our mining operations.

On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

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Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2015	Jun. 30, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	100,000,000
Common stock, shares issued	91,288,909	85,388,909
Common stock, shares outstanding	91,288,909	85,388,909

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EARNINGS/(LOSS) PER SHARE

12 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

EARNINGS/(LOSS) PER SHARE

NOTE 11 - EARNINGS/(LOSS) PER SHARE

The Company has adopted ASC Topic No. 260, "Earnings Per Share," ("EPS") which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures, and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year.

The following table sets forth the computation of basic and diluted earnings per share:

		Year Ended June 30,
		2015			2014
Net loss applicable to common shares		$	(1,371,788	)	$	(1,138,369	)
Weighted average common shares
outstanding (Basic)			87,991,375			59,084,742
Options	`		-			-
Warrants			-			-
Weighted average common shares
outstanding (Diluted)			87,991,375			59,084,742
Net loss per share (Basic and Diluted)		$	(0.02	)	$	(0.02	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

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Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2015	Oct. 13, 2015	Dec. 31, 2014
Document And Entity Information [Abstract]
Entity Registrant Name	VERDE RESOURCES, INC.
Entity Central Index Key	0001506929
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Trading Symbol	vrdr
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		91,288,909
Entity Public Float			$ 8,002,532
Document Type	10-K
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY

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CAPITAL STOCK

12 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

CAPITAL STOCK

NOTE 12 - CAPITAL STOCK

Authorized Stock

The Company has authorized 250,000,000 common shares and 50,000,000 preferred shares, both with a par value of $0.001 per share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

Share Issuance

As of September 30, 2013, the Company has issued 2,500,000 and 1,477,500 common shares at $0.01 and $0.04 per share, respectively, resulting in total cash proceeds of $84,100, being $3,978 for par value shares and $80,122 for capital in excess of par value.

On October 25, 2013, the Company issued 80,000,000 common shares at par value under the terms of the Assignment Agreement whereby FMR will assign its management rights of CSB's mining operation in the Mining Lease to VRDR, through its wholly-owned subsidiary GBL, in exchange for 80,000,000 shares of the Company's common stock.

On November 11, 2013, the Company issued 75,000 common shares at US$1.75 per share to Marketing Management International, LLC ("MMI"), a Florida Limited Liability Company, under the terms of the Consulting Agreement for the engagement of its consulting services.

On January 29, 2014, the Company issued a total of 643,229 common shares for $665,238, of which 288,288 common shares at US$1.25 per share, 183,661 common shares at US$0.83 per share and 171,280 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On March 10, 2014, the Company issued a total of 693,180 common shares for $609,756, of which 179,340 common shares at US$0.85 per share and 513,840 common shares at US$0.89 per share, to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Sub-Contractor Agreement for the engagement of its sub-contractor services.

On January 21, 2015, the Company issued 5,900,000 common shares at US$0.05 per share to Borneo Oil & Gas Corporation Sdn Bhd ("BOG"), a Malaysia Limited Liability Company, under the terms of the Consultant Agreement for the additional services of its sub-contractor.

There were 91,288,909 common shares issued and outstanding at June 30, 2015, compared to 85,388,909 common shares issued and outstanding at June 30, 2014.

There are no preferred shares outstanding.  The Company has issued no authorized preferred shares.  The Company has no stock option plan, warrants, or other dilutive securities.

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Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
REVENUES
Revenue	$ 831,339	$ 1,260,002
Cost of revenue	(1,563,328)	(2,184,246)
Gross loss	(731,989)	(924,244)
OPERATING EXPENSES:
Selling, general & administrative expenses	(803,741)	(482,853)
LOSS FROM OPERATIONS	(1,535,730)	(1,407,097)
OTHER INCOME (EXPENSE)	38,014	116,303
NET LOSS BEFORE INCOME TAX	$ (1,497,716)	$ (1,290,794)
Provision of Income Tax
NET LOSS	$ (1,497,716)	$ (1,290,794)
Non-controlled interest	125,928	152,425
Net loss contributed to the group	(1,371,788)	(1,138,369)
Other comprehensive income (loss)
Foreign currency translation gain (loss)	404,432	(411)
Comprehensive loss	$ (967,356)	$ (1,138,780)
Basic and Diluted Loss per Common Share (in dollars per share)	$ (0.02)	$ (0.02)
Weighted Average Number of Common Shares Outstanding (in shares)	87,991,375	59,084,742

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ACCOUNTS PAYABLE AND ADVANCED FROM RELATED PARTIES

12 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ADVANCED FROM RELATED PARTIES

NOTE 6 - ACCOUNTS PAYABLE AND ADVANCED FROM RELATED PARTIES

Accounts Payable

Accounts payable at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015		June 30, 2014
Due to Changxin Wanlin Technology Co Ltd(*)	$	1,704,474	$	2,003,630
Other accounts payable		24,830		15,447
	$	1,729,304	$	2,019,077

(*)Due to Changxin Wanlin Technology Co Ltd are accounts payable derived from ordinary business transactions. One of the directors of Changxin Wanlin Technology Co. Ltd., Wu Ming Ding, is also the director of CSB. This accounts payable bears no interest or collateral, repayable and renewable under normal business accounts payable terms.

Advanced from subcontractor & related parties

Advanced from subcontractor & related parties at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015		June 30, 2014
Advanced from BOG (#1)	$	186,057	$	18,437
Advanced from Federal Mining Resources Limited(#2)	$	173,465	$	109,802
Advanced from Federal Capital Investment Limited (#3)	$	120,000	$	24,000
Advanced from Yorkshire Capital Limited (#4)	$	45,000	$	9,000
	$	524,522	$	161,239

(#1) BOG is one of the shareholders of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#2) One of the directors of Federal Mining Resources Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#3) One of the directors of Federal Capital Investment Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#4) One of the directors of Yorkshire Capital Limited, Mr. Lai Kui Shing, Andy, is also a director of CSB. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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INVENTORIES

12 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 5 - INVENTORIES

Inventories are valued at cost, not in excess of market. Inventories are determined at first in first out basis and comprised of production cost, mine site management cost and sub-contractor cost. Inventories, at June 30, 2015 and June 30, 2014 are summarized as follows:

	June 30, 2015			June 30, 2014
Inventories		$	11,865		$	64,204

The inventories represent the gold minerals as at June 30, 2015 and June 30, 2014, which were comprised of 8% share by the Company and 92% share by the sub-contractor and the other parties such as original mine assigner.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (GAAP).  These consolidated financial statements are expressed in United States dollars ($).  Financial statements prepared in accordance with GAAP contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. These condensed consolidated audited financial statements include all adjustments that, in the opinion of management, are necessary in order to make the financial statements not misleading.

Basis of Consolidation

Basis of Consolidation

The condensed consolidated financial statements include the financial statements of Verde Resources, Inc., its wholly owned subsidiary Gold Billion Global Limited ("GBL") and the 85% of the deemed subsidiary variable interest of Champmark SDN BHD ("CSB"). All inter-company balances and transactions between the Company and its subsidiary and variable interest entity (VIE) have been eliminated upon consolidation.

The Company has adopted ASC Topic 810-10-5-8, "Variable Interest Entities", which requires a variable interest entity or VIE to be consolidated by a company if that company is subject to a majority of the risk of loss for the VIE or is entitled to receive a majority of the VIE's residual returns.

Variable Interest Entity

Variable Interest Entity

On July 1, 2013, the Company's subsidiary, GBL entered into a series of agreements ("VIE agreements") with FMR and details of the VIE agreements are as follows :

1.	Management Agreement, FMR entrusted the management rights of its subsidiary CSB to GBL that include:
i)	management and administrative rights over the day-to-day business affairs of CSB and the mining operation at Site IV-1 of the Merapoh Gold Mine;
ii)	final right for the appointment of members to the Board of Directors and the management team of CSB;
iii)	act as principal of CSB;
iv)	obligation to provide financial support to CSB;
v)	option to purchase an equity interest in CSB;
vi)	entitlement to future benefits and residual value of CSB;
vii)	right to impose no dividend policy;
viii)	human resources management.

2. Debt Assignment, FMR assigned to GBL the sum of money in the amount of US Dollars One Hundred Nine Thousand Eight Hundred One And Cents Seventy-Two Only (US$ 109,801,72), now due to GBL from CSB under the financing obligation from the FMR to CSB.

With the above agreements, GBL demonstrates its ability to control CSB as the primary beneficiary and the operating results of the VIE was included in the condensed consolidated financial statements for the year ended June 30, 2014.

On April 1, 2014, the Board of Director of GBL notified FMR upon the decision to exercise the right of option to purchase 85% equity interest of CSB under Management Agreement Section 3.2.4 dated July 1, 2013 between GBL and FMR. This acquisition was completed on April 1, 2014 with consideration of US$1. GBL then became 85% shareholder of CSB and is required to consolidate CSB as a subsidiary.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates. The Company's periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $36,927 and $121,781 in cash and cash equivalents at June 30, 2015 and June 30, 2014, respectively.

Concentrations of Credit Risk

Concentrations of Credit Risk

The Company's financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Company's management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Risks and Uncertainties

Risks and Uncertainties

The Company operates in the resource exploration industry that is subject to significant risks and uncertainties, including financial, operational, technological, and other risks associated with operating a resource exploration business, including the potential risk of business failure.

Accounts Receivable

Accounts Receivable

Accounts receivable are recognized and carried at net realizable value.  An allowance for doubtful accounts will be recorded in the period when a loss is probable based on an assessment of specific evidence indicating troubled collection, historical experience, accounts aging, ongoing business relation and other factors.  Accounts are written off after exhaustive efforts at collection.  If accounts receivable are to be provided for, or written off, they would be recognized in the consolidated statement of operations within operating expenses.  At June 30, 2015 and June 30, 2014, the Company has no allowance for doubtful accounts, as per management's judgment based on their best knowledge.  As of June 30, 2015 and June 30, 2014, the longest credit term for certain customers are 60 days.

Provision for Doubtful Accounts

Provision for Doubtful Accounts

The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivables and reviews accounts receivable by amounts due by customers which are past due to identify specific customers with known disputes or collectability issues. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of customers based on past collection experience and ongoing credit risk evaluations.  At June 30, 2015 and June 30, 2014 there was no allowance for doubtful accounts.

Fair Value

Fair Value

ASC Topic 820 "Fair Value Measurement and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

l	Level 1—defined as observable inputs such as quoted prices in active markets;
l	Level 2—defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
l	Level 3—defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The Company's financial instruments consist of cash and cash equivalents, trade receivables, other receivables, payables, and short term and long term debt. The carrying values of cash and cash equivalents, trade receivables, other receivables, and payables approximate their fair value due to their short maturities. The carrying value of long term debt approximates the fair value of debt of similar terms and remaining maturities available to the company.

The Company's non-financial assets are measured on a recurring basis. These non-financial assets are measured for impairment annually on the Company's measurement date at the reporting unit level using Level 3 inputs. For most assets, ASC 820 requires that the impact of changes resulting from its application be applied prospectively in the year in which the statement is initially applied.

The Company's non-financial assets measured on a non-recurring basis include the Company's property, plant and equipment and finite-use intangible assets which are measured for recoverability when indicators for impairment are present.  ASC 820 requires companies to disclose assets and liabilities measured on a non-recurring basis in the period in which the re-measurement at fair value is performed.

The Company did not have any convertible bonds as of June 30, 2015 and June 30, 2014.

Foreign Currency Translation

Foreign Currency Translation

The Company's reporting currency is the United States dollar ("$") and the accompanying consolidated financial statements have been expressed in United States dollars. The Company's functional currency is the Malaysian Ringgit ( "MYR") which is a functional currency as being the primary currency of the economic environment in which their operations are conducted.

In accordance with ASC Topic 830 "Translation of Financial Statements" , capital accounts of the consolidated financial statements are translated into United States dollars from MYR at their historical exchange rates when the capital transactions occurred.  Assets and liabilities are translated at the exchange rates as of balance sheet date. Income and expenditures are translated at the average exchange rate of the respective year.  The resulting exchange differences are recorded in the consolidated statement of operations.

	June 30, 2015	June 30, 2014
Year-end MYR : $1 exchange rate	0.2644	0.3111
Average MYR : $1 exchange rate	0.2883	0.3070

Comprehensive Income

Comprehensive Income

Comprehensive income is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures, all items that are required to be recognized under current accounting standards as components of comprehensive income are required to be reported in a financial statement that is presented with the same prominence as other financial statements. Comprehensive income includes net income and the foreign currency translation changes.

Segment Reporting

Segment Reporting

The Company currently engages in one operation segment: Gold Mining. The expenses incurred were consisting principally of management services.  The Company's major operation is located in Malaysia.

Mineral Acquisition and Exploration Costs

Mineral Acquisition and Exploration Costs

The Company has been in the exploration stage since its formation on April 22, 2010. It has been primarily engaged in the acquisition, exploration, and development of mining properties.  The Company was no longer considered to be in the exploration stage after the reverse take-over with its subsidiary GBL.

Mineral property acquisition and exploration costs are expensed as incurred.  When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized.  Such costs will be amortized using the units-of-production method over the estimated life of the probable reserves.

Environmental Expenditures

Environmental Expenditures

The operations of the Company have been, and may in the future be affected from time to time in varying degree by changes in environmental regulations, including those for future reclamation and site restoration costs.  Both the likelihood of new regulations and their overall effect upon the Company vary greatly and are not predictable.  The Company's policy is to meet or, if possible, surpass standards set by relevant legislation by application of technically proven and economically feasible measures.

Environmental expenditures that relate to ongoing environmental and reclamation programs are charged against earnings as incurred or capitalized and amortized depending on their future economic benefits.  All of these types of expenditures incurred since inception have been charged against earnings due to the uncertainty of their future recoverability.  Estimated future reclamation and site restoration costs, when the ultimate liability is reasonably determinable, are charged against earnings over the estimated remaining life of the related business operation, net of expected recoveries.

Revenue Recognition

Revenue Recognition

In accordance with the ASC Topic 605, "Revenue Recognition", the Company recognizes revenue when persuasive evidence of an arrangement exists, transfer of title has occurred or services have been rendered, the selling price is fixed or determinable and collectibility is reasonably assured.

The Company derives revenues primarily from the sales of gold mineral to registered gold trading companies in Malaysia. The Company generally recognizes its revenues at the time of gold sales and its selling price is determined by the prevailing market value of gold bullion quoted by the leading registered gold trading company in Malaysia. Sales invoice will be duly presented to the trading companies when delivery is completed and revenue is then recognized.

Cost of Revenue

Cost of Revenue

The cost of revenue consists of exploration cost, mine equipment depreciation, production cost, mine site management cost, sub-contractor cost, and royalty and tribute payment which are levied on the gross revenue at the rate of 18% on the invoiced value of gold sales.

Advertising Expenses

Advertising Expenses

Advertising costs are expensed as incurred under ASC Topic 720, "Advertising Costs" . Advertising expenses incurred for the years ended June 30, 2015 and year ended June 30, 2014 were $0.

Income Taxes

Income Taxes

The provision for income taxes is determined in accordance with the provisions of ASC Topic 740, "Accounting for Income Taxes" ("ASC 740").  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.  As of June 30, 2015 and June 30, 2014, the Company did not have any significant unrecognized uncertain tax positions.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

The FASB has issued Accounting Standards Update (ASU) No, 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory.Topic 330, Inventory, currently requires an entity to measure inventory at the lower of cost or market. Market could be replacement cost, net realizable value, or net realizable value less an approximately normal profit margin.The amendments do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost.
An entity should measure in scope inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method.The amendments more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards.For public business entities, the amendments are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period.

If elected, the accounting alternative should be applied to all leasing arrangements meeting the above conditions. The alternative should be applied retrospectively to all periods presented, and is effective for annual periods beginning after December 15, 2014, and interim periods within annual periods beginning after December 15, 2015. Early application is permitted for all financial statements that have not yet been made available for issuance.

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RELATED PARTY TRANSACTIONS

12 Months Ended

Jun. 30, 2015

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 13 - RELATED PARTY TRANSACTIONS

As at June 30, 2015, advances were made by five companies of $2,228,996 related to ordinary business transactions.  All advances related to ordinary business transactions, bear no interest or collateral, repayable and renewable under normal advancement terms.  Details are disclosed in Note 6.

As of June 30, 2015, amounts due from one company of $3,017 related to ordinary business transactions.  The receivable amounts related to ordinary business transactions bear no interest or collateral, repayable and renewable under normal advancement terms. Details are disclosed in Note 4.

During the period ended June 30, 2015, the Company sold $267,809 worth of gold to BOG.

During the period ended June 30, 2015, the Company incurred cost of revenue worth of $614,265 to BOG.

During the period ended June 30, 2015, the Company disposed a motor vehicle to BOG.

On January 21, 2015, the Company issued 5,900,000 common shares at US$0.05 per share to BOG, under the terms of the Consultant Agreement dated January 15, 2015.

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INCOME TAX

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

INCOME TAX

NOTE 9 - INCOME TAX

The Company and its subsidiaries are subject to income taxes on an entity basis on income arising in, or derived from, the tax jurisdiction in which they operate. The Company is a Nevada incorporated company and subject to United State Federal Income Tax. GBL is a British Virgin Islands incorporated company and not required to pay income tax on corporate income. CSB is a Malaysia incorporated company and required to pay corporate income tax at 25% of taxable income.

A reconciliation between the income tax computed at the relevant statutory rate and the Company's provision for income tax is as follows:

	For the year ended	For the period ended
	June 30, 2015	June 30, 2014
US Federal Income Tax Rate.	34%	34%
Valuation allowance – US Rate	(34%)	(34%)
BVI Income Tax Rate	0%	0%
Valuation allowance – BVI Rate	(0%)	(0%)
Malaysia Income Tax Rate	25%	25%
Valuation allowance – Malaysia Rate	(25%)	(25%)
Provision for income tax	-	-

Summary of the Company's net deferred tax liabilities and assets are as follows:

	June 30, 2015				June 30, 2014
Deferred tax assets:
Tax attribute carryforwards		$	509,223			$	438,870
Valuation allowances			(509,223	)			(438,870	)
Total		$	-			$	-

The Company has recorded valuation allowances for certain tax attribute carry forwards and other deferred tax assets due to uncertainty that exists regarding future realizability. If in the future the Company believes that it is more likely than not that these deferred tax benefits will be realized, the majority of the valuation allowances will be recognized in the consolidated statement of operations. The Company did not have any interest and penalty provided or recognized in the income statements for years ended June 30, 2015 and June 30, 2014 or balance sheet as of June 30, 2015 and June 30, 2014. The Company did not have uncertainty tax positions or events leading to uncertainty tax position within the next 12 months.

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PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

Property and equipment at June 30, 2015, and June 30, 2014, are summarized as follows:

	June 30, 2015			June 30, 2014
Land and Building	$	1,039,848		$	1,223,512
Plant and Machinery		163,780			213,552
Office equipment		20,821			24,499
Project equipment		1,179,193			1,388,760
Computer		11,325			13,326
Motor Vehicle		121,904			310,477
Accumulated depreciation		(2,058,646	)		(1,943,831	)
	$	478,225		$	1,230,295

The depreciation expenses charged for the year ended June 30, 2014 and 2013 were $564,117 and $763,740 respectively.

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS)

12 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS)

NOTE 8 - LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS)

The loans from banks include long term and short term and are summarized as follow:

	June 30, 2015		June 30, 2014
Loans from banks	$	39,585	$	59,121
Loans from banks(non-current)		37,207		77,878
Total	$	76,792	$	136,999

Hire purchase installment loans with total amount $80,828 and $146,212 as at June 30, 2015, and June 30, 2014, are $76,792 and $136,999 net of imprest charges equivalent to interest $4,036 and $9,213 respectively are summarized as follows:

						June 30, 2015		June 30, 2014
	Interest Rate			Monthly Due
Financial institution in Malaysia		N/A	*		306	$	-	$	3,602
Financial institution in Malaysia		N/A	*		655		655		9,298
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		300		5,085		10,212
Financial institution in Malaysia		N/A	*		1,055		7,387		23,593
Financial institution in Malaysia		N/A	*		1,724		43,105		75,067
Financial institution in Malaysia		N/A	*		302		8,461		14,228
Financial institution in Malaysia		N/A	*		226		11,050		-
Hire purchase loans payable to banks						$	80,828	$	146,212

(*) Hire purchase installment loans with Motor Vehicles as collateral. The financial institutions in Malaysia are Islamic banks and bear no interest in the installment agreement. However, there are certain imprest charges equivalent to interests which are being calculated at an average annual rate of approximate 5.26% for the rest of entire loans life and periods.

The scheduled maturities of the CSB's hire purchase installment loans are as follows:

June 30,
2016	$	42,264
2017		30,012
2018		5,631
2019		2,710
2020		211
Later years
Total minimum hire purchase installment payment	$	80,828
Less: Amount representing imprest charges equivalent to interest (current portion: $2,679 and non-current portion:$1,357)		4,036
Present value of net minimum lease payments (#)	$	76,792

(#) Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

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COMMITMENTS AND CONTINGENCIES

12 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 10 - COMMITMENTS AND CONTINGENCIES

As at June 30, 2015, the Company's office rent has expired and is currently being rent under month to month term. There are no commitments and contracts on such rental expenses.

As at June 30, 2015, the Company's hire purchase installment agreements are disclosed in Note 8. See Note 8 for the commitments for minimum installment payments under these agreements.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of exchange differences (Details)	Jun. 30, 2015	Jun. 30, 2014
Accounting Policies [Abstract]
Year-end MYR : $1 exchange rate	0.2644	0.3111
Average MYR : $1 exchange rate	0.2883	0.3070

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INCOME TAX - Summary of net deferred tax liabilities and assets (Details 1) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Deferred tax assets:
Tax attribute carryforwards	$ 509,223	$ 438,870
Valuation allowances	$ (509,223)	$ (438,870)
Total

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CONCENTRATIONS

12 Months Ended

Jun. 30, 2015

Risks and Uncertainties [Abstract]

CONCENTRATIONS

NOTE 15 - CONCENTRATIONS

Suppliers

The Company's major suppliers for the year ended June 30, 2015 and 2014 are listed as following:

	Subcontractors			Accounts Payable
		Year	Year
		Ended	Ended
Major Suppliers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company A		100%	100%	0%	0%

 Customers

The Company's major customers for the year ended June 30, 2015 and 2014 are listed as following:

	Sales			Accounts Receivable
		Year	Year
		Ended	Ended
Major Customers		June 30, 2015	June 30, 2014	June 30, 2015	June 30, 2014
Company M		21%	77%	0%	0%
Company N		32%	23%	0%	0%
Company O		35%	0%	0%	0%
Company P		12%	0%	0%	0%

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INVENTORIES (Tables)

12 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Schedule of inventories

	June 30, 2015			June 30, 2014
Inventories		$	11,865		$	64,204

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LOANS FROM BANKS (HIRE PURCHASE INSTALLMENT LOANS) (Detail Textuals) - USD ($)	Jun. 30, 2015		Jun. 30, 2014
Debt Disclosure [Abstract]
Hire purchase loans payable to banks	$ 80,828		$ 146,212
Loans from banks	76,792	[1]	136,999
Amount representing imprest charges equivalent to interest	$ 4,036		$ 9,213

[1] Minimum payment reflected in the balance sheet as current and non-current obligations under hire purchases installment loans as at June 30, 2015.

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ACCOUNTS PAYABLE AND ADVANCED FROM SUB-CONTRACTOR AND RELATED PARTIES - Summary of advanced from subcontractor & related parties (Details 1) - USD ($)		Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Advanced from related parties		$ 524,522	$ 161,239
Borneo Oil And Gas Corporation Sdn Bhd
Related Party Transaction [Line Items]
Advanced from related parties	[1]	186,057	18,437
Director | Federal Mining Resources Limited
Related Party Transaction [Line Items]
Advanced from related parties	[2]	173,465	109,802
Director | Federal Capital Investment Limited
Related Party Transaction [Line Items]
Advanced from related parties	[3]	120,000	24,000
Director | Yorkshire Capital Limited
Related Party Transaction [Line Items]
Advanced from related parties	[4]	$ 45,000	$ 9,000

[1] BOG is one of the shareholders of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

[2] One of the directors of Federal Mining Resources Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

[3] One of the directors of Federal Capital Investment Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

[4] One of the directors of Yorkshire Capital Limited, Mr. Lai Kui Shing, Andy, is also a director of CSB. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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Statement of Changes in Stockholders' Equity (Deficit) - USD ($)	Common Shares	Additional Paid-in Capital	Accumulated Deficit	Non-Controlling Interest	Accumulated Other Comprehensive Income (Loss)	Total
Balance at Jun. 30, 2013	$ 1		$ (31,603)			$ (31,602)
Balance (in shares) at Jun. 30, 2013	1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Effect of reorganization	$ 83,977	$ 80,122	(1,111,939)	$ (230,925)		(1,178,765)
Effect of reorganization (in shares)	83,977,499
Net loss for the period			(366,244)	(48,627)		(414,871)
Foreign currency translation gain (loss)					$ (7,551)	(7,551)
Waive of directors' loan		52,841				52,841
Balance at Oct. 25, 2013	$ 83,978	132,963	$ (1,509,786)	$ (279,552)	$ (7,551)	(1,579,948)
Balance (in shares) at Oct. 25, 2013	83,977,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued	$ 1,411	1,404,834				1,406,245
Shares issued (in shares)	1,411,409
Net loss for the period			$ (772,125)	$ (103,798)		(875,923)
Foreign currency translation gain (loss)					$ 7,140	7,140
Waive of directors' loan		43,096				43,096
Balance at Jun. 30, 2014	$ 85,389	1,580,893	$ (2,281,911)	$ (383,350)	$ (411)	(999,390)
Balance (in shares) at Jun. 30, 2014	85,388,909
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued	$ 5,900	289,100				295,000
Shares issued (in shares)	5,900,000
Net loss for the period			$ (1,371,788)	$ (125,928)		(1,497,716)
Foreign currency translation gain (loss)					$ 404,432	404,432
Balance at Jun. 30, 2015	$ 91,289	$ 1,869,993	$ (3,653,699)	$ (509,278)	$ 404,021	$ (1,797,674)
Balance (in shares) at Jun. 30, 2015	91,288,909

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AMOUNT DUE FROM RELATED PARTIES

12 Months Ended

Jun. 30, 2015

Due from Related Parties, Current [Abstract]

AMOUNT DUE FROM RELATED PARTIES

NOTE 4 - AMOUNT DUE FROM RELATED PARTIES

Amount due from related parties at June 30, 2015 and June 30, 2014 consist of the following items:

	June 30, 2015			June 30, 2014
Amount due from BOG (*1)		$	-		$	15,167
Amount due from Stable Treasure Sdn. Bhd. (*2)			3,017			-
		$	3,017		$	15,167

(*1) BOG is one of the shareholders of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(*2) One of the directors of Stable Treasure Sdn. Bhd., Mr. Balakrishnan B S Muthu is also the director of the Company.  The advances related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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ACCOUNTS PAYABLE AND ADVANCED FROM SUB-CONTRACTOR AND RELATED PARTIES (Tables)

12 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Schedule of accounts payable

	June 30, 2015		June 30, 2014
Due to Changxin Wanlin Technology Co Ltd(*)	$	1,704,474	$	2,003,630
Other accounts payable		24,830		15,447
	$	1,729,304	$	2,019,077

(*)Due to Changxin Wanlin Technology Co Ltd are accounts payable derived from ordinary business transactions. One of the directors of Changxin Wanlin Technology Co. Ltd., Wu Ming Ding, is also the director of CSB. This accounts payable bears no interest or collateral, repayable and renewable under normal business accounts payable terms.

Schedule of advanced from subcontractor & related parties

	June 30, 2015		June 30, 2014
Advanced from BOG (#1)	$	186,057	$	18,437
Advanced from Federal Mining Resources Limited(#2)	$	173,465	$	109,802
Advanced from Federal Capital Investment Limited (#3)	$	120,000	$	24,000
Advanced from Yorkshire Capital Limited (#4)	$	45,000	$	9,000
	$	524,522	$	161,239

(#1) BOG is one of the shareholders of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#2) One of the directors of Federal Mining Resources Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#3) One of the directors of Federal Capital Investment Limited, Mr. Wu Ming Ding, is also the director of the Company. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

(#4) One of the directors of Yorkshire Capital Limited, Mr. Lai Kui Shing, Andy, is also a director of CSB. The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms.

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INVENTORIES - Summary of inventories (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Inventory Disclosure [Abstract]
Inventories	$ 11,865	$ 64,204

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GOING CONCERN AND LIQUIDITY CONSIDERATIONS

12 Months Ended

Jun. 30, 2015

Going Concern And Liquidity Considerations [Abstract]

GOING CONCERN AND LIQUIDITY CONSIDERATIONS

NOTE 14 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  As of and for the year ended June 30, 2015, the Company has a loss from operations of $1,497,716 and working capital deficiency of $2,238,692. The Company intends to fund operations through debt and equity financing arrangements.

The ability of the Company to survive is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan.

In response to these problems, management intends to raise additional funds through public or private placement offerings, and related party loans.

These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.