WML-ASX, page-14

Copy of email reply from Director of Exploration ...Don Triggs (virtually a re-hash of the prospectus...Seems to say
" We have lots of places to dig, but nobody brought the shovel!!")

Please find attached our latest ASX releases. As you will appreciate we have to be careful with public announcements, especially at this early stage of our listing.
The NTMA is an important milestone as it triggers our exploration program in the Musgrave Province which is fully funded by our JV partner OZ Minerals.
Unfortunately environmental and Native Title compliance issues increase project lead times but we anticipate a steady news flow over the coming months.