Western Areas Ltd Western Areas or the Company is pleased to provide an update on the activities at the Cosmos Nickel Complex Cosmos.

Cosmos nickel project. A comprehensive review of project data. Cosmos Nickel Dam Construction Project. Key design criteria The nickel ore is mined using a technique involving.

COSMOS PROJECT UPDATE EXPLORATION COMMENCED Data review highlights exceptional high grade nickel targets beyond initial expectations Western Areas Ltd ASXWSA Western Areas _ or the Company _ is pleased to provide an update on the activities at the Cosmos Nickel Complex Cosmos. Earthmoving in excess of 10000M 2 of silt and salt to make good the 4 dams on the mine site. The Cosmos Nickel Project is located at Kathleen Valley 40 km north of Leinster in Western Australia.

Refurbishment and construction of 4 dams. Western Areas has approved plans to launch a 32 million early works program on the Odysseus project at its Cosmos nickel operations in Western Australia. Odysseus will become the Companys third mining.

The company acquired theCosmos nickel complex near Leinster for 245 million in 2015 after low nickel prices forced former owner Glencore to close the mine and put it on the market. The ore is massive nickeliron sulphides violaritepyrite and pentlanditepyrrhotite with a design head grade of 75 nickel. The Odysseus project hosts 73mt at 24 per cent nickel within the broader Cosmos nickel complex which hosts a resource of 18mt at 26 per cent nickel.

Ore mined will be fed via conveyor from the production shaft head frame to the surface stockpile. A definitive feasibility study on the Odysseus deposit has been completed and additional work is under way to bring in further deposits AM5AM6 to the production profile. The Odysseus project is situated on a granted mining lease in the Cosmos Nickel Complex which is 30km away from Leinster.

Image from Mining Intelligence. In its first two years of production the Cosmos nickel project generated sales revenue of AU251m. Western Areas has now re-opened the project site commenced ground geophysics and an ongoing review of project.