Ann: Assays Confirm Lithium Discovery at the Malinda Project, page-15

This buying has nothing to do with anything other than the WIT's 2.0 gold plays that are occurring at the moment.

I rang our lovely friends at SEG and the tenements in question are classified as Lithium tenements and they are the ones beginning with E47.
They are also already 100% owned as it is.


I asked if SEG knew about the WIT's 2.0 frenzy and he said yes, so clearly they have their hands somewhat on the pulse here.

They also said that they have discussed the fact that there could be gold on those tenements but obviously couldn't tell me anything else.

If you have a look at the likes of DEG, KAI, ARV, SAI, they have all declared gold exploration in the Pilbara in the hope of Witwatersrands 2.0. After DEG's announcement last night this is looking to be a significantly de-risked theory.

The day SEG announces gold exploration on the above circled lithium tenements in the Pilbara, this puppy with pop.

Also i believe the SEG tenements are right near the DEG tenements so its in a good spot. It's just not as big as some of the other tenement holders.