Western Areas provided an update on the activities at the Cosmos Nickel Complex (Cosmos). A comprehensive review of project data, coupled with recent exploration activities, has confirmed substantial additional exploration upside beyond initial expectations at the time of the acquisition. Forrestania Nickel Operation. Key tasks underway or completed at Cosmos include. Geophysical work testing a range of new Electro-Magnetic (EM) methods and technologies successfully completed. First stage of systematic EM testing of prospective stratigraphy underway - an anomaly has already been identified for drilling at Prospero; Review of historical data reveals significant intersections that remain untested and will form part of a substantial exploration program in 2016: Prospero intersections including 4.22m @ 12.48% Ni (incl. 2.37m @ 19.7% Ni) in drill hole PSD016; and Aries multiple intersections including 4.46m @ 12.28% Ni and 3.28m @ 10.60% Ni. Six hole, 7,000m diamond drilling program planned to test a number of EM conductors for possible extensions to the Odysseus North deposit; Outstanding brownfields exploration upside at Neptune and Apollo (previously Lake Miranda and Miranda Well), where nickel sulphides and/or EM targets have been identified within thick cumulate ultramafics; Odysseus mine project pre-feasibility study commenced following a detailed review of the previous owner's study work; and Over 500,000t of contained nickel in Resource has been verified to JORC 2012 standards.