Ann: Nickel Sulphide Mineralisation Seen in Hole MTD022, page-53

These WMG figures so far don't mean a lot since the grades are sub-economic presently. Significant that the sulphide blebs are so high in Ni metal - unusual. WMG is drill probing for a Ni sulphide accumulation of massive to semi-massive sulphides towards the basal high olivine rocks. Judging from the huge widths of very low grade and the small structurally remobilised accumulations there is a very high probability this large system has a number of such 3m to about 10m thick ore bodies at depth. Drilling at depth is expensive and slow so it's a frustrating search. If WMG can locate one of these significant bodies more should eventually follow - probably dozens. Finding the first one is the challenge. If achieved then mining huge lower disseminated grade zones sitting above massive sulphides with block caving could also become economic. It has a footprint size of Kambalda - and that has produced so many massive sulphide ore bodies. That is why I still hold well over 400,000 shares in WMG. Looking to a twenty-bagger with ten bags being the lower-end target.