Market Cap Under 10M, page-19

Commenting on the EIS Award, WMG Chairman Rex Turkington said:
“Congratulations and great work by Caedmon, Ben and the exploration team in our successful
application and EIS award. The maximum $220,000 award will be used for two exciting deep holes
aimed at testing some significant targets and unlocking knowledge of the Mulga Tank Complex.”

Mulga Tank shows significant evidence for a working magmatic nickel sulphide mineral system across large
parts of the ultramafic complex with the potential to host large scale deposits of Type 1 Perseverance-style
massive and Type 2 Mt Keith-style disseminated sulphide deposits. As part of the second phase of drilling the
two deep EIS holes will test a number of targets including the major W Conductor and a significant gravity high
at the base of the intrusion, that may represent the feeder system for the whole complex.

That last sentence does it for me Jeremy8888.