Replacement Disclosure Document

SOLICITORS TO THE COMPANY
Lawton Gillon
Level 11, 16 St. George's Terrace
Perth WA 6000

AUDITORS
RSM Bird Cameron Partners
8 St. George's Terrace
Perth WA 6000

INDEPENDENT ACCOUNTANT
RSM Bird Cameron Corporate Pty. Ltd.
8 St. George's Terrace
Perth WA 6000

INDEPENDENT GEOLOGIST
Geological Investigations Pty. Ltd.
4 Minim Close
Mosman Park WA 6012

This is a Replacement Prospectus dated 22 April 2008. A copy of this Replacement Prospectus has been lodged
with ASIC on that date. It replaces a Prospectus dated 7 April 2008. No securities will be allotted or issued
pursuant to this Replacement Prospectus later than 13 months after the date of the original Prospectus dated
7 April 2008.

This Replacement Prospectus is an important document which should be read carefully and in its entirety.
Investment in the Shares offered by this Replacement Prospectus should be regarded as speculative. Persons
subscribing for Shares offered by this Replacement Prospectus should consult their professional advisors for the
purpose of making an informed assessment of the assets, liabilities, financial position, profits, losses and
prospects of Condor Nickel Ltd.

Before deciding to apply for shares in the Company you should read the Replacement Prospectus in its entirety.
The shares offered under this Replacement Prospectus should be considered speculative in nature and may not
be a suitable investment for you. The Company will be involved in mineral exploration and does not at this time
derive an income. You should carefully consider the contents of this Replacement Prospectus and seek
professional advice before deciding to invest. The shares offered under this Replacement Prospectus carry no
guarantee in respect to any return on capital, payment of dividends or the future value of the shares.

This Replacement Prospectus does not constitute an offer in any place in which it would not be lawful to make
such an offer. The distribution of this Replacement Prospectus in jurisdictions outside Australia may be restricted
by law and persons who come into possession of this Replacement Prospectus should seek advice on and
observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable
securities laws.

This Replacement Prospectus may be viewed and downloaded on line at www.condornickel.com. Persons who
access the electronic version of the Replacement Prospectus should ensure that they download and read the
entire Replacement Prospectus. This Replacement Prospectus is only applicable online to residents in Australia.
A paper copy of this Replacement Prospectus will be made available upon request by telephoning (08) 9225-
5544.

Condor Nickel Limited has acquired a package of 26 tenements from Carrick Gold Limited and Shannon
Resources Limited. Thirteen of the tenements have been acquired outright and for the remaining
thirteen tenements Condor Nickel Limited has acquired the right to explore for and extract nickel ore.
The tenements for which Condor Nickel Limited acquires the nickel ore rights only will otherwise be
retained by Carrick Gold Limited. Condor Nickel Limited will have no rights to minerals other than nickel.
Where the tenements are being acquired outright by Condor Nickel Limited, it has the right to explore for
and extract nickel as well as all other minerals.

Condor Nickel Limited is currently a wholly owned subsidiary of Carrick Gold Limited. Following the
approval of the shareholders of Carrick Gold Limited on 4 April 2008, approximately 24,450,000 shares
in Condor Nickel Limited will be distributed in specie to the shareholders of Carrick Gold Limited. To
acquire the tenement package Condor Nickel Limited issued 30,000,000 shares to Carrick Gold Limited.

Details of the material contracts are set out at section 13 of this Replacement Prospectus. Details of the
prospectivity and previous work carried out on the tenements in set out in the Independent Geologist's
Report at section 10.

Mr. Carr has been engaged in company management and direction for over thirty years. He has experience
in corporate advisory and business recovery activities, and has held a number of public company
directorships. He has directed numerous initial public offerings and stock exchange listings in Australia,
New Zealand and the USA. He is a recipient of the Australian Entrepreneur of the Year Award, holds
master's degrees in both Business Administration and Economics and is a Fellow of the Australian Institute
of Management and of the Institute of Directors (U.K.). He is currently chairman of several public
companies.

Dr. Martin received his primary degree and doctorate from the University of Manchester. He spent two
years as a research scientist with the Commonwealth Scientific and Industrial Research Organisation
(CSIRO) and he has served in the Economic Policy Section of the Australian Foreign Service. During a
period in which he worked with the United Nations Environment Programme, he helped establish the
Global Environmental Monitoring System. In 1979, he became a Research Fellow with the Rockefeller
Foundation at the Massachusetts Institute of Technology and Harvard University. Dr. Martin has acted
as an independent consultant to many companies and has provided reports in numerous merger and
takeover situations and he has an extensive list of publications to his credit. A former banking advisor
and director of mining companies and capital corporations, Dr. Martin has a great deal of experience in
company direction and management and has consulted widely to companies since his return to Australia.
He is currently a director of Carrick Gold Limited.

Mr. Jaggard has over 30 years experience in the fields of project management and business
development both for local government and in his own right. He is an experienced company director and
secretary and has served local communities in many capacities in business and charitable associations.
He is Company Secretary and Project Director of Carrick Gold Limited and has directed that Company's
resource development from 1994 to the present.

A report has been prepared by Geological Investigations Pty. Ltd. which comments upon the tenements
and findings to date. A report on the financial position of the Company prepared by RSM Bird Cameron
Corporate Pty. Ltd. and a report on the legal aspects prepared by Lawton Gillon are also included.

The proceeds of this Issue will be used by Condor Nickel Ltd. to define and delineate a mining resource,
effect a coordinated exploration programme, and for general working capital requirements. The principal
objective of the Company is to create wealth for shareholders by determining a substantial mineable
nickel resource.

The Company has applied to the ASX for the Company to be admitted to the Official List and for Official
Quotation of the IPO Shares issued pursuant to this Replacement Prospectus. If granted, Official
Quotation of the Shares will commence as soon as practicable after the allotment of the Shares. The
ASX takes no responsibility for the contents of this Replacement Prospectus. The fact that the ASX may
admit the Company to the Official List is not to be taken in any way as an indication by the ASX of the
merits of the Company or the shares offered under this Replacement Prospectus. If the Company is not
admitted to the Official List within 3 months after 7 April 2008, none of the IPO Shares offered under this
Replacement Prospectus will be allotted and all application monies will be refunded without interest as
soon as practicable.

Shareholders will not be restricted from being traded on ASX. Condor Nickel Shares held
by Carrick Gold Limited upon Condor Nickel listing on ASX are likely to be escrowed (and therefore
restricted from trading) for 24 months. However, the in-principle advice provided that the ASX would
likely waive that escrow requirement to permit Carrick Gold Limited to undertake the in specie
distribution of those Condor Nickel Shares to Shareholders. Upon completion of that distribution, only
those Condor Nickel Shares distributed to substantial holders (ie, persons with a holding in excess of 5%
of all Condor Nickel Shares) and related parties or promoters of the Company would have remained
restricted for the balance of that 24 month period. This in-principle decision is conditional upon, among
other things, Carrick Gold Limited obtaining approval of Shareholders for the in specie distribution and
Carrick Gold Limited providing the market with notice of the proposed despatch date for the Condor
Nickel Shares to be distributed.

Applications for Shares must be made and will only be accepted on the Application Forms attached to
this Replacement Prospectus. The form must be completed and lodged in accordance with the
instructions set out on the back thereof. The minimum application is for 10,000 shares ($2,000) and
thereafter in multiples of 1,000 shares.

If the Application is not completed correctly, or if the accompanying payment is for the wrong amount, it
may still be treated as valid. The Directors' decision as to whether to treat the Application as valid and
how to construe, amend, or complete the Application Form is final. However, the Applicant will not be
treated as having offered to subscribe for more IPO Shares than is indicated by the amount of the
cheque for the Application Monies.

The Directors reserve the right to nominate the allottees and the numbers of the IPO Shares offered by
this Replacement Prospectus. Therefore, the Directors may determine to allot IPO Shares in full on any
Application or to allot any lesser number or to decline to accept any Application whatsoever. The
Directors reserve the right to proceed to allotment and issue of the IPO Shares offered by this
Replacement Prospectus at any time after the minimum subscription has been reached. The Directors
may decide to close the Issue at any time.

Where no allotment is made, all Application Monies will be returned in full within seven days of the
decision not to make an allotment. Where the number of IPO Shares allotted is less than the number
applied for or the application is not accepted, the surplus Application Monies will be refunded to the
Applicant within seven days of allotment. No interest will be paid on Application Monies returned or
refunded by the Company. Any interest earned on Application Monies prior to allotment or return will be,
and will remain, the property of the Company.

Investors should also be aware that there are risks associated with any investment in the stock market
and that returns from such an investment will depend, among other things, on general stock market
returns, the performance and rating of companies within the mining sector of the stock market, the
relative performance of alternative forms of investment as well as the actual performance of the
Company.

Specifically, share market conditions may affect the securities irrespective of operating performance.
Share market conditions are affected by many factors including, but not limited to; general economic
climate, acts of war or terrorism impacting on market confidence, movements in interest rates,
fluctuations in currency rates and commodity prices, changes in market sentiment and the requirement
of the Company from time to time for capital. It should be borne in mind that the price of shares listed on
a stock exchange may fall as well as rise and many factors, both nationally and globally, may affect such
prices and market sentiment.

Moreover, the purpose of the Native Title Act (1993) is to recognise and protect the rights and interests
in Australia of Aboriginal and Torres Strait Islander people in land and waters, according to their
traditional laws and customs. There is significant uncertainty associated with Native Title in Australia
and this may impact on the Company's operations and future plans.

Investment in the IPO Shares offered in this Replacement Prospectus should be regarded as
speculative. Persons subscribing for IPO Shares offered by this Replacement Prospectus should consult
their professional advisors for the purpose of making an informed assessment of the assets, liabilities,
financial position, profits, losses and prospects of the Company.

Condor Nickel has interests in a total of 26 tenements. Its interest in 13 of the tenements is
contractual only in accordance with the material contracts. Accordingly, there is a risk that a
third party is unwilling or unable to comply with the terms of the material contracts. If this occurs,
the Company may not be able to recover adequate damages or other amounts and this may
have a material effect on the value of the Company and its shares. In addition, of the
tenements, two are applications awaiting grant. There is a risk that these applications may not
be granted.

Upon the Company being admitted to the Official List, it will participate in the Clearing House Electronic
Sub-register System ("CHESS"). All ASX trading in the Shares after listing will be settled through
CHESS. Advanced Share Registry Services will operate an electronic Company sponsored sub-register
and an electronic CHESS sub-register will be operated by ASX Settlement and Transfer Corporation Pty.
Ltd.. These two sub-registers will make up the Company's principal register of securities.

The Company will not issue certificates to Shareholders. Following the issue, the Company will provide
each member with a notice that sets out the number of IPO Shares issued to the member. The share
notice will also inform members of their Shareholder Reference Number ("SRN"). Members who are
CHESS participants will receive an explanation of sale and purchase procedures under CHESS with
their share notice. If a shareholding changes during a month, the member will receive a statement at the
end of that month. Members may also request statements at any other time, although the Company may
charge an administration fee in this case.

As detailed herein, up to 40,000,000 additional Shares are now offered for subscription pursuant to this
Replacement Prospectus at $0.20 each to raise up to $8,000,000. Upon successful completion of the
minimum subscription the Company will have an issued and paid up capital of 50,000,000 ordinary
Shares. Upon successful completion of the maximum subscription the Company will have an issued and
paid up capital of 70,000,000 ordinary Shares.

Carrick Gold Limited will distribute up to 24,450,000 Shares in Condor Nickel as an in specie distribution
pursuant to the resolution of Carrick Gold Limited shareholders in general meeting on the 4th April 2008.

The Record Date for determining entitlements of Carrick Gold Limited shareholders to the in specie
distribution is 14 April 2008. The 24,450,000 Shares in Condor Nickel will be distributed in specie to the
shareholders of Carrick Gold Limited on the basis of 1 Condor Nickel Share for 5 Carrick Gold Shares
held on the Record Date (with fractions to be rounded down to the nearest whole number).

Details of the resource definition and exploration are set out in Table H of the Independent Geologist's
Report.

In the event that more than the minimum subscription of $4,000,000 and less than the maximum of
subscription of $8,000,000 is raised, the Company will, depending on the amount raised, determine what
amounts will be expended on resource definition and exploration with preference given to the Grey Dam
Project. The decision to commit further funds to exploration will be dependent upon the results of the
earlier exploration.

No expert, nor any firm in which such expert is a partner or employee has any interest in the promotion
of the Company except as disclosed in this Replacement Prospectus. All amounts paid or agreed to be
paid to such expert or firm for services rendered in connection with this Replacement Prospectus or the
public listing of the Company are set out herein. No form of payment of any kind will be made or agreed
to be made to any such expert or firm other than in cash.

In accordance with the Constitution of the Company, the Directors are entitled to be paid Directors' fees
for that function. Such fees will be paid on the basis of an annual aggregate of $200,000 to be divided
among the Directors in such proportion as the Board determines. The Directors are also entitled to be
reimbursed for all reasonable costs and expenses incurred by them in the performance of their duties as
Directors and may be engaged by the board to perform extra services for an agreed sum.

The Company has adopted comprehensive systems of control and accountability as the basis for the
administration of corporate governance. The Board is committed to administering the policies and
procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate
with the Company's needs. To the extent they are applicable, the Company has adopted the Ten
Essential Corporate Governance Principles and Best Practice Recommendations ( Recommendations )
as published by ASX Corporate Governance Council.

As the Company's activities develop in size, nature and scope, the size of the Board and the
implementation of additional corporate governance structures will be given further consideration. The
Board sets out below its if not, why not report in relation to those matters of corporate governance
where the Company's practices depart from the Recommendations.

The Board recognises the importance of distinguishing between the respective roles and responsibilities
of the Board and management. The Board has established a framework for the management of the
Company and the roles and responsibilities of the Board and management. Previously, due to the small
size of the Board and of the Company, the Board did not think that it was necessary to formally
document the roles of the Board and management as these roles were clearly understood by all
members of the Board and management. The Board is responsible for the strategic direction of the
Company, establishing goals for management and monitoring the achievement of these goals,
monitoring the overall corporate governance of the Company and ensuring that shareholder value is
increased.

The Board has been structured such that its composition and size will enable it to effectively discharge
its responsibilities and duties. Each Director has the relevant industry experience and specific expertise
relevant to the Company's business and level of operations. The Board considers that its structure is,
and will continue to be, appropriate in the context of the Company's recent history. The Company
considers that the non-independent Directors possess the skills and experience suitable for building the
Company. Furthermore, the Board considers that in the current phase of the Company's growth, the
Company's shareholders are better served by directors who have a vested interest in the Company. The
Board intends to reconsider its composition as the Company's operations evolve, and may appoint
independent directors as it deems appropriate.

Principle 2 Recommendation 2.2

Notification of Departure:

While the Board recognises the importance of independence in decision making, it does not comply with
Recommendation 2.2 as Mr. Carr does not satisfy paragraph 1 of the Independence Test insofar as Mr.
Carr will be a substantial shareholder of the Company. Details of Mr. Carr's shareholding are disclosed in
Section 8.3 of the Replacement Prospectus. The Board believes that Mr. Carr is the most appropriate
person for the position as Chairman because of his industry experience and proven track record as a
public company director.

Principle 2 Recommendation 2.4

Notification of Departure:

The Board considers that no efficiencies or other benefits would be gained by establishing a separate
nomination committee, in particular at this early stage of the Company's operations (ie. a company
seeking to be listed on the ASX), where the Company's focus is on the retention of directors and senior
executives.

Principle 3 Recommendation 3.1 and Principle 10 Recommendation 10.1

Notification of Departure:

Although prior to 1 March 2008 there was no written policy, all directors, officers and employees of the
Company understood when it is appropriate for trading in securities to occur (in line with the law relating
to the prohibitions on insider trading, set out in the Corporations Act.). This has now been formalised

Principle 4 Recommendation 4.2, 4.3, 4.4

Notification of Departure:

The Company's financial statements are prepared by the company secretary and reviewed in detail by
the full Board. The Board also relies on the functions and capabilities of its external auditors to ensure
proper audit of financial statements. While the Board considers this process sufficient to ensure integrity
in financial reporting in the current circumstances, it will continue to monitor whether any further
safeguards are required and make changes as appropriate.

Principle 5 Recommendation 5.1

Notification of Departure:

Before adopting the written policy, the Company had in place informal procedures which it believes were
sufficient for ensuring compliance with Listing Rule disclosure requirements and accountability for
compliance. The Board nominated the managing director and the company secretary as being
responsible for all matters relating to disclosure.

Principle 6 Recommendation 6.1

Notification of Departure:

The Company established a formal Shareholder communication strategy to support active
communication with its Shareholders once it is listed and it aims to actively promote shareholder
involvement in the Company. It will achieve this by posting on its website, copies of all information which
is lodged with the ASX. Shareholders with internet access will also be encouraged to provide their email
addresses to receive electronic copies of information distributed by the Company. Alternatively, hard
copies of information distributed by the Company will be available on request.

Principle 7 Recommendation 7.1

Notification of Departure:

Due to the recent history of the Company (it was registered on 11 January 2008), an evaluation of the
Board has been carried out on a continuing and informal basis as part of the Company's preparations for
the initial public offering and proposed listing on ASX. The Company will put in place a process for
evaluating the Board, individual Directors and key executives once it has been listed and has had an
opportunity to put into effect its business plan as disclosed in this Replacement Prospectus.

Principle 9 Recommendations 9.1, 9.2, 9.3, 9.4

Notification of Departure:

The current remuneration of the Directors is disclosed in Section 8.2 of the Replacement Prospectus.
Remuneration is currently in accordance with the general principles recommended by the ASX, non-
executive Directors receive a fixed fee for their services and do not receive performance based
remuneration. Due to the early stage of development and small size of the Company, a separate
remuneration committee was not considered to add any efficiency to the process of determining the
levels of remuneration for the Directors and key executives. The Board considers that it is more
appropriate to set aside time at two Board meetings each year to specifically address matters that would
ordinarily fall to a remuneration committee. In addition, all matters of remuneration will continue to be in
accordance with Corporations Act requirements, especially in respect of related party transactions i.e.,
none of the Directors participate in any deliberations regarding their own remuneration or related issues.

Condor Nickel Limited (Condor) has acquired a portfolio of exploration properties comprising
26 tenements in the Kurnalpi and Gindalbie regions of Western Australia (Figure 1).

Fourteen of these tenements are located in the Kurnalpi region and are centred around the abandoned
Kurnalpi Mining Centre, some 75 kilometres (km) east-northeast of Kalgoorlie (Figure 2a). These
tenements are referred to as the Kurnalpi Project. The remaining twelve tenements are located in the
Gindalbie region, centred about the Gindalbie Mining Centre, some 60 kilometres north-northeast of
Kalgoorlie and referred to as the Gindalbie Project (Figure 2b).

Drilling by previous explorers, together with current (and ongoing) exploration by Carrick Gold Ltd.
(Carrick), has identified significant lateritic and sulphide nickel targets in two main areas, namely the
Grey Dam Prospect in the Kurnalpi Project area and the Halfway Hill Prospect, 5 kilometres southeast
of Black Swan Nickel Mine in the Gindalbie Project area.

To date, exploratory drilling at the Grey Dam prospect has identified lateritic nickel mineralisation
estimated at 4 Mt grading 0.7% Ni and 0.1% Co within an area of 3.5 square kilometres. The
identification of this near-surface zone of nickel/cobalt mineralisation from exploratory drilling
and soil sampling is believed to have the potential to host a much larger tonnage at similar
grade and thickness (Figures 3 and 4).

At Halfway Hill Nickel Prospect, located some 5 kilometres southeast of Norilsk Nickel's (Norilsk) Black
Swan lateritic/sulphide nickel mine (*8.51 Mt @ 0.80% Ni Proven/Probable Reserves, 9.84 Mt @
0.85% Ni Measured/Indicated/Inferred Resources), Condor is investigating a TEM identified conductor.
Current exploration, comprising sampling, TEM surveys and ongoing diamond drilling, has confirmed
the presence of prospective komatiite rock sequences that contain disseminated sulphides. This
drilling programme is ongoing.

From these preliminary results at Halfway Hill, the identification of a confirmed conductor zone within
the tenement and the presence of Norilsk's mine along strike to the northwest, Condor believes that a
similar resource to that of the Grey Dam Prospect will be found at Halfway Hill.

LOCATION AND ACCESS

Condor Nickel Limited's Project, comprising 26 separate tenements, is centred about the mining
centres of Gindalbie and Kurnalpi, some 60 kilometres north-northeast and 75 kilometres east-
northeast of Kalgoorlie (Figure 1).

The 26 tenements cover an area approximately 80 kilometres east-west by 90 kilometres north-south
within the Kurnalpi 1:250 000 scale Geological Series Map Sheet (1971).

Main access to the tenements away from the main roads is by way of the Yarri Road to Gindalbie, a
distance of some 60 kilometres and the Kurnalpi

Pinjin Road or Bulong Roads via Kurnalpi.

Access within the tenements is by way of numerous fence lines and well-maintenance pastoral
station/mining exploration tracks. Access to E25/292, located in the southwestern part of Lake
Yindalgooda, is controlled by seasonal rainfall.

CONDOR NICKEL LIMITED SCHEDULE OF TENEMENTS

The 26 tenements comprising Condor Nickel's portfolio are included in Table A.

The aggregate area of these tenements is approximately 259.4 square kilometres.

Wiluna belt is a known host to nickel sulphide and lateritic nickel mineralisation with
major concentrations at Kambalda, Windarra, Black Swan, Carr Boyd, Mt Martin, Bulong, and others.
Host rock sequences of this region range from volcanic peridotites, intrusive dunites, gabbros and
laterites, which often contain nickel.

In addition to nickel, the area also contains a number of historic gold-mining centres (Swager 1994,
Morris 1994, Playford et al. 1990).

Structurally the area is dominated by a number of northwesterly and northerly trending fault/shear
systems and folds. In the Gindalbie area the main faults are Mt Monger, Hampton and Emu. In the
Kurnalpi area, the dominant structures are the Hampton and Avoca Shears, with the Yilgangi Syncline
restricted to the northeastern portion of the Mulgabbie (1:100 000) sheet.

LOCAL GEOLOGICAL SETTING

GINDALBIE PROJECT (GINDALBIE 1:100 000 SHEET)

E27/317-318, E31/649, E27/262-263, E27/237, E27/338, E27/248, P27/1644-1645, P27/1543-1544

Twelve tenements, comprising 50% of the Gindalbie Project, are located within the Gindalbie
1:100 000 Geological Sheet.

The bedrock sequences identified from the most recent (1990-1993) 1:100 000 scale geological
mapping comprise intermediate to basic schists and gneisses, gabbro, gabbro (norite) and minor
pyroxenite, dolerite, tuffs and felsic volcanic and volcaniclastics. These rock sequences have been
intruded by granitoids and minor pegmatite/aplite dykes. Cainozoic deposits comprising alluvium,
colluvium, and ferricrete form an extensive cover over much of the tenement areas.

The Gindalbie 1:100 000 Sheet contains a recently identified lateritic and sulphide nickel
mineralisation at Halfway Hill Nickel Prospect (E27/318) (Figure 3a).

E27/318 and E31/649 and these provide targets for more detailed exploration as
favourable sites for mineralisation (Figure 2a).

Although covered extensively by soils, recent geological mapping, geophysical TEM surveys and
follow-up diamond and reverse circulation drilling have confirmed the presence of prospective
ultramafic komatiite host rock sequences and nickel sulphides. Follow-up TEM surveys have
confirmed the presence of prospective conductor zones (Figure 3b) that will provide targets for follow-
up drilling.

KURNALPI PROJECT (KURNALPI 1:100 000 SHEET)

P28/1025-1026, P28/856, E28/1477, E28/1431-1432, E28/1424, P28/1029-1030, E25/292

Ten tenements covering rock sequences prospective for both gold and base metal mineralisation are
centred about the Kurnalpi Mining Centre.

The area has a long history of gold production, with recent exploration by others in E28/465 (adjacent
to and east of E28/1477) has reportedly identified an Inferred Gold Resource of 300 000 t grading
3.1g/t Au (Fairstar Resources Limited 2006).

The most common rock sequences are ultramafic peridotites locally serpentinised, mafic basalts and
amphibolites derived from basalt, mafic intrusive rocks and metasediments. These sequences have
been intruded Archaean granitoids.

Widespread Cainozoic alluvium, colluvium, laterite and evaporite (gypsum) deposits cover the
remaining tenement areas (Figure 2a).

The geological setting, as described in the most recent (1993) 1:100 000 scale geological mapping of
the Kurnalpi Sheet, suggests the division of the region into domains having distinct stratigraphic,
lithological and/or structural features bounded by either faults or shear zones.

Structurally, the area is dominated by the north-trending Avoca Shear and along the western side of
E25/292, the Hampton Shear. Exploration Licence 28/1477, which straddles the Avoca Shear,
contains both drill identified lateritic and sulphide nickel mineralisation as evidenced by sample
analyses of over 6000 metres of RAB drilling (see Table B). Synclinal folding associated with the
Hampton Shear is inferred in E25/292, and in E28/1431, the inferred axis of the Steeple Hill Syncline
passes through the centre of the tenement.

KURNALPI PROJECT (MULGABBIE 1:100 000 SHEET)

P28/1027-1028, E28/1786-1787, E28/1477, E28/1432

Four tenements are wholly located within the Mulgabbie Sheet whilst E28/1477 E28/1432 extend
south into the Kurnalpi Sheet (Figure 2b).

Although largely covered with Cainozoic colluvium, rock sequences prospective for both gold and base
metals have been identified in E28/1477.

The historic Six Mile gold mining district (where nuggets up to 13 oz in size have been reported) is
located within the western extension of E28/1477, whilst silcrete cap rocks, indicative of underlying
mafic and ultramafic sequences prospective for nickel, are exposed in the northern part of E28/1477.

This area is also cut by an unnamed southeasterly trending shear that provides a favourable target for
more detailed exploration.

These rocks are intruded by Archaean granitoids that have been identified in E28/1477 and E28/1432
(Figure 2a).

PAST EXPLORATION BY OTHERS

Exploration of the project area, especially in the Kurnalpi and Gindalbie regions, has been in progress
since the late 1960s following the discovery of gold at Kurnalpi in 1894.

Ni, was processed from a resource of 30
Mt at Carr Boyd located to the west of the Gindalbie region.

Exploration of the Kurnalpi and Gindalbie Project areas between 1967 and 1998 carried out by others
has been comprehensively recorded in the Shannon Resources Limited Prospectus (MacKay
Schnellmann, 2006). A summary follows.

KURNALPI

Not available.

1983-1990
Exploration by others during the period covered E28/1431 and the southern part of E28/1432.
The work carried out comprised photo-geological mapping, data acquisition and interpretation of
airborne radiometric and magnetic surveys.

Limited geochemical stream sediment sampling was carried out over a portion of E28/1431 that
identified a low-order gold anomaly. Detailed geological mapping and a SIROTEM geophysical survey
was completed over this tenement (E28/1431) and adjacent ground. An intrusive porphyry anomalous
in zinc up to 2000 ppm with trace sphalerite (ZnS) was identified.

Ongoing geochemical sampling within E28/1431 comprising 417 samples identified narrow,
discontinuous north-trending anomalous zones whose precise location is not known.

1983-1990
Exploration for alluvial gold was undertaken over the southern part of E28/1424.

Reconnaissance aircore drilling of 8 holes for 509 metres were analysed for gold, copper, lead, zinc
and four other elements. One hole returned 0.281 g/t Au.

1986-1991
A review of exploration data derived from the northwestern part of E28/1477, resulted in the
delineation of four northwesterly trending zones anomalous in nickel (up to 1.79%) and cobalt (up to
0.5%).

1990-1999
WESTERN AND CENTRAL PALEOCHANNEL
Exploration was largely directed at the investigation of gold potential, within and in the vicinity of
E28/1477. A road traverse drill programme of 41 RC holes for 1913 metres was completed returning
one intercept of 2 metres @ 2.13 g/t Au from 34 metres depth. Elevated, but lower gold values were
obtained from deeper in this hole and other holes.

Follow-up exploration drilling involved 75 RC holes for 4399 metres. Results unsubstantiated by
analysis were reportedly 4 metres @ 3.95 g/t Au from 32 metres depth, 10 metres @ 0.34 g/t Au from
287 metres and 4 metres @ 2.31 g/t Au from 46 metres.

During the exploration period, 33 RC holes for 2090.5 metres were drilled and from this work a north-
south trending paleochannel containing anomalous gold at the base of the alluvials was identified in
what is now the southern part of E28/1477.

In addition, 15 laterite samples collected from what is now the western side of E28/1477 were
analysed. One sample returned 109.13 ppb Au.

BEDROCK
Poorly documented exploration over an area that is largely covered by E28/1477, comprising the
drilling of some 150 RAB holes for 7466 metres and 98 RC holes for 5594 metres returned the
following anomalous results.

Exploration for both gold and nickel, by way of RC drilling in the southern part of E28/1477, comprised
21 holes for 1128 metres. Results included 1.42% Ni over 4 metres from 38 metres depth, and 0.13%
Co from 36 metres depth.

Drilling of a further 23 RC holes for 1627 metres in southern E28/1477 returned 4 metres @ 0.95% Ni
and 0.3% Co from 16 metres depth and 4 metres @ 3.17 g/t Au just east of the tenement. In 1996 to
1997, 283 aircore holes for 13269 metres, 22 RC holes for 2569 metres and one DDH for 299.9
metres were drilled.

One elevated gold result was obtained from the aircore programme namely 1 metre @ 1.51 g/t Au
from 47 metres. Anomalous nickel values in excess of 6000 ppm Ni were obtained from 5 aircore
holes in northwest E28/1477, namely 46 metres @ 0.96% Ni from 4 metres depth.

The RC drilling returned elevated values from 4 holes, the best result being 130 metres @ 0.44% Ni
from 6 metres depth. From the more southerly of these targets, 3 aircore holes returned in excess of
6000 ppm Ni (0.6%) from 16 metres and two RC holes returned 70 metres @ 0.88% Ni from 16
metres depth.

Along the southern part of E28/1477 elevated nickel values of greater than 2000 pm were obtained.
The best intercept was 20 metres @ 0.53% Ni from 20 metres depth.

Aeromagnetic interpretation over the southern part of E28/1477 resulted in two RC holes being drilled
for 372 metres. The best nickel result was 180 metres @ 0.18% from 38 metres depth.

1991-1993
In the central part of E28/1424 geochemical soil and chip sampling for a total of 1839 samples
returned samples generally below 10 ppb Au. Thirteen samples returned in excess of 10 ppb Au
whilst two results were 540 ppb and 205 ppb Au.

Geochemical sampling of the western part of E28/1431 together with photogeological mapping
returned generally low samples, with the best result being 4 ppb Au.

Of particular significance were the results obtained from SNP 4 and 5, where high copper and sulphur
results at depths of between 96-114 metres indicated the presence of sulphides close to an inferred
mafic-ultramafic contact zone (Shannon Resources Ltd, Nov. 2006, ASX Announcement).

The geological setting as depicted in the GSWA 1:100 000 Geological Series (Mulgabbie Sheet)
indicates the presence of mafic/ultramafic schists overlain by Cainozoic siliceous caprock of ultramafic
origin.

Ongoing exploration by Shannon within the tenement confirmed the presence of lateritic nickel
mineralisation over a largely concealed north-northwesterly trending ultramafic sequence.

Based on a lower cut off of 0.7% Ni an Exploration Target was estimated within the following range.

Kalgoorlie.

Exploratory percussion and diamond drilling confirmed the existence of dolerite/ultramafic contact at
108 metres vertical depth hosting significant nickel sulphide mineralisation.

Follow-up diamond drilling has confirmed the presence of both disseminated and massive sulphides at
the contact between komatiite ultramafic and dolerite.

All drill hole intervals were sampled and assayed as four-metre composites, with selected 1 metre riffle
split samples analysed separately.

The geology of the Grey Dam Prospect as inferred from magnetic intensity imagery indicated the
presence of a significant ultramafic rock sequence that includes olivine-rich rock lenses within the
tenement boundaries.

These ultramafic rocks appear to have an area of some 5 kilometres by 10 kilometres.

Exploration to date has been restricted to Target 1A (Figure 4) where both percussion and diamond
drilling has identified massive and disseminated sulphides.

Significant intersections include:

This layer overlies a serpentinised olivine-rich ultramafic unit that is interpreted as the core of a fault or
structural zone where the west-northwesterly trending ultramafic body has undergone thickening. It is
believed that nickel sulphide mineralisation may be found here at depth (Figure 5b, 5c 5d).

In October 2007, Carrick reported the results of ongoing drilling at Grey Dam as follows:

The latest RC percussion results included 2m @ 1.76% Ni, 0.39% Cu from drillhole GDRC52
at a vertical depth of between 136-138 metres.

On going exploration indicates the presence of nickel sulphide mineralisation at a relatively
shallow depth (130-140 metres) along an ultramafic-mafic (dolerite) contact.

It is believed that these results advance the probability of a nickel sulphide resource being
presence at the Grey Dam Prospect, P28/856.

Metallurgical testing of the lateritic nickel resource is continuing with results indicating that the
medium grade composite sample (1.4% Ni) is leaching to acceptable limits to support a heap
leach mining operation. It is reported that the extraction curve for the medium grade ore
appears to be levelling out at 141 days, with nickel extraction reaching approximately 67%
(updated results 22/1/08). Metallurgical testing is continuing.

HALFWAY HILL NICKEL PROSPECT (E27/318) GINDALBIE

In addition to the Grey Dam Prospect (E28/1477 and P28/856), exploration of prospective komatiite
ultramafic rock sequences was commenced at Halfway Hill (E27/318) (Figure 3a), located in the
southern part of the Gindalbie 1:100 000 sheet. The exploration programme comprised TEM
geophysical surveys of an inferred conductor zone together with follow-up RC and DDH drilling
(HHD001 and HHD002). The first TEM survey was carried out in November 2006 with further survey
in April 2007 (Figure 3b).

This work indicated the presence of a conductor zone of at least 2 kilometres in length having steep
(75

Figure 3b).

These results provided targets for follow-up percussion and DDH investigation.

In a follow-up investigation programme, two diamond drillholes were completed HHD001 and HHD002
for a total of 4389 metres.

Significant thicknesses of ultramafic komatiite, basalt, dolerite, high magnesium basalts and sediments
were intersected together with identified nickel sulphides namely millerite, pentlandite and gerdsorffite.
In this area nickel sulphides are interpreted to occur as both disseminated and massive mineralisation
where komatiite is in contact with felsic volcanic and sedimentary sequences.

Some 5 kilometres to the northwest of Condor's Halfway Hill Nickel Prospect, Norilsk Nickel (Norilsk)
is currently mining their Black Swan lateritic/massive sulphide deposit. Reported resources and
reserves (Reg. of Aus Min 2007/2008) were Measured/Indicated/Inferred 9.84 Mt @ 0.85% Ni for
0.08364 Mt Ni and Proven/Probably Reserves 8.51 Mt @ 077% Ni for 0.6553 Mt Ni.

Condor's ongoing exploration will comprise down-hole EM surveys in HHD002 together with follow-up
stratigraphic drilling of komatiites associated with defined EM conductors.

PROSPECTIVITY

Exploration by others and current/ongoing exploration by Carrick has, to date, identified favourable
komatiite host rocks associated with near-surface lateritic nickel/cobalt mineralisation at two prospects
namely Grey Dam Nickel Prospect (P28/856) and Halfway Hill Nickel Prospect (E27/318). In other
tenements, especially E28/1477, E28/1431-1432, E28/1424 and P27/1644-1645, reconnaissance
exploration comprising soil sampling, geophysical (magnetic and TEM surveys) and drilling have
identified nickel, base metal (copper/zinc) and gold mineralisation worthy of more detailed exploration.
At Grey Dam, work to date has estimated 4 Mt grading 0.7% Ni and 0.1% Co. It is anticipated that
further work will significantly increase this tonnage.

Lateritic nickel deposits commonly exhibit very large tonnage, low grade mineralisation located close
to the surface and restricted to the oxide and saprolitic profiles developed above ultramafic rock
sequences. As such they tend to be tabular, flat and large in areal extent covering many square
kilometres. The typical nickel laterite mine operates as either an open cut or strip mine (Minara
Resources, Murrin Murrin 140 Mt @ 1.1% Ni, 0.07 Co Proven/Probable Reserves, 2006).

Nickel extraction is by way of two main process routes, high-pressure acid leach (HPAL) and heap
leach. HPAL processing is required for predominantly nontronitic (clayey) lateritic nickel deposits
whereas the cheaper, heap leach process is primarily possible for clay-poor oxide rich lateritic nickel
deposits.

The advantages of heap leach treatment of nickeliferous laterite ores is that whereas nickel extraction
percentages are usually lower the plant and mine infrastructure are much cheaper than HPAL, less
risky from a technological point of view and much more environmentally friendly. Elsewhere in the
world, European Nickel (Turkey) are developing a heap leach process to produce nickel-cobalt
hydroxide for further processing in Australia into nickel and cobalt metal.

The pilot plant at the European Nickel's trial heap leach site at Calda, Western Turkey was
commissioned in late March 2007 and expects to produce 8 t each month for treatment in BHP
Billiton's Jabulu Refinery. The Calda deposit has a 38 Mt resource grading 1.14% Ni, 0.05% Co.

The first heap leach consists of 4200 t of 1.15% Ni ore, crushed, agglomerated and stocked on a
multi-layered plastic liner, a second 9000 t heap is operational and the third heap is under
construction.

The cost of the full-scale project is only 25% of a comparable HPAL Australian plant.

In Australia, Heron Resources is carrying out a Bankable Feasibility Study for the heap leach
treatment of its Jump-Up Dam deposit (52.8 Mt @ 0.79% Indicated/Inferred, 2007). These tonnages
and grades are within the range Condor is anticipating for its Grey Dam/Halfway Hill lateritic nickel
mineralisation.

At Murrin Murrin, Minara has also started construction of a $25 million, 200 000 t heap leach
demonstration facility planned to operate at the rate of 2000 tpa Ni metal and 150 tpa Co, by the end
of 2007.

In addition to the production of nickel and cobalt from both near-surface lateritic and underground
nickel sulphide mineralisation, Condor's exploration of their extensive tenement holdings has identified
base metal and gold mineralisation.

Currently, Condor is carrying out tests for the heap leach extraction of nickel from Grey Dam lateritic
nickel samples, with reported extraction results (see Graph 1).

Montgomery, A., 1906. "Department of Mines Annual Report 1905", Appendix No VI, p. 82-84.

Morris P.A., 1994. "Geology of the Mulgabbie 1:100 000 Explanatory Notes". GSWA.

Playford, P.E., 1990, "Geology and Mineral Resources of Western Australia" Memoir 3 GSWA.

Robinson, R.H., 1984. "Final Report Colour Dam Project

Resource for which tonnage, densities, shape,
physical characteristics, grade and mineral content
can be estimated with a reasonable level of
confidence. It is based on exploration, sampling and
testing information gathered through appropriate
techniques from locations such as outcrops,
trenches, pits, workings and drill holes. The
locations are too widely or inappropriately spaced to
confirm geological and/or grade continuity but are
spaced closely enough for continuity to be assumed.

It is inferred from geological evidence
and assumed but not verified geological and/or
grade continuity. It is based on information gathered
through appropriate techniques from locations such
as outcrops, trenches, pits, workings and drill holes
which may be limited or of uncertain quality and
reliability.

Mineral Resource for which tonnage, densities,
shape, physical characteristics, grade and mineral
content can be estimated with a high level of
confidence. It is based on detailed and reliable
exploration, sampling and testing information
gathered through appropriate techniques from
locations such as outcrops, trenches, pits, workings
and drill holes. The locations are spaced closely
enough to confirm geological and grade continuity.

This report has been prepared at the request of the directors of Condor Nickel Limited
("Condor" or "the Company") for inclusion in a Replacement Prospectus to be dated on or
about 22 April 2008 relating to the proposed offer of 20,000,000 fully paid ordinary shares
in Condor at an issue price of $0.20 per share to raise $4,000,000 before capital raising
costs.

The future prospects of Condor other than the preparation of the pro-forma balance sheet,
assuming completion of the proposed transactions are not addressed in this report. This
report also does not address the rights attaching to the shares to be issued pursuant to this
Replacement Prospectus, nor the risks associated with the investment.

These procedures were substantially less in scope than that would be required in an audit
examination conducted in accordance with Australian Auditing Standards, thus the level of
assurance provided is less than that given in an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.

Apart from the matters dealt with in this report, having regard to the scope of our work, to
the best of our knowledge and belief, no material transactions or events outside the
ordinary business of the Company have come to our attention that are not otherwise
disclosed in this Replacement Prospectus, which require further comment upon or
adjustment to, the information referred to in this report, or which would cause the
information in this report to be misleading.

RSM Bird Cameron Corporate Pty Ltd has acted as Investigating Accountant for the
Company but has not been involved in the preparation of any other part of this
Replacement Prospectus. Accordingly, we make no representations as to the completeness
and accuracy of the information in any other part of this Replacement Prospectus. RSM
Bird Cameron Corporate Pty Ltd has not made and will not make any recommendation,
through the issue of this report, to potential investors of the Company as to the merits of
the investment.

RSM Bird Cameron Corporate Pty Ltd will receive a fee for the preparation of this report
based on actual hours spent on the assignment at normal professional rates. With the
exception of the above fee, neither Mr A J Gilmour nor RSM Bird Cameron Corporate Pty
Ltd will receive any other benefits, either directly or indirectly, from the preparation of this
report and have no pecuniary or other interest which could be regarded as affecting the
ability to provide an unbiased opinion in relation to the proposed transaction.

This general purpose financial report has been prepared in accordance with
Australian Accounting Standards, other authoritative pronouncements of the
Australian Accounting Standards Board (AASB) and the Corporations Act 2001.
It is prepared on the basis of historical costs, except for the revaluation of
selected non-current assets that have been measured at fair value. The
financial report is presented in Australian dollars.

The financial report complies with Australian Accounting Standards, which
include Australian equivalents to International Financial Reporting Standards
(AIFRS). Compliance with AIFRS ensures that the consolidated financial report,
comprising the financial statements and notes thereto, complies with the
International Financial Reporting Standards (IFRS).

Deferred tax is accounted for using the balance sheet liability method in respect
of temporary differences arising between the tax bases of assets and liabilities
and their carrying amounts in the financial statements. No deferred income tax
will be recognised from the initial recognition of an asset or liability, excluding a
business combination, where there is no effect on accounting or taxable profit or
loss.

Deferred tax is calculated at the tax rates that are expected to apply to the
period when the asset is realised or liability is settled. Deferred tax is credited in
the income statement except where it relates to items that may be credited
directly to equity, in which case the deferred tax is adjusted directly against
equity.

The amount of benefits brought to account or which may be realised in the future
is based on the assumption that no adverse change will occur in income taxation
legislation and the anticipation that the economic entity will derive sufficient
future assessable income to enable the benefit to be realised and comply with
the conditions of deductibility imposed by the law.

Exploration, evaluation and development expenditure incurred is accumulated in
respect of each identifiable area of interest. These costs are only carried forward
to the extent that they are expected to be recouped through the successful
development of the area or where activities in the area have not yet reached a
stage that permits reasonable assessment of the existence of economically
recoverable reserves.

Costs of site restoration are provided over the life of the facility from when
exploration commences and are included in the costs of that stage. Site
restoration costs include the dismantling and removal of mining plant, equipment
and building structures, waste removal, and rehabilitation of the site in
accordance with clauses of the mining permits. Such costs have been
determined using estimates of future costs, current legal requirements and
technology on an undiscounted basis.

Any changes in the estimates for the costs are accounted on a prospective
basis. In determining the costs of site restoration, there is uncertainty regarding
the nature and extent of the restoration due to community expectations and
future legislation. Accordingly the costs have been determined on the basis that
the restoration will be completed within one year of abandoning the site.

At each reporting date, the Company reviews the carrying values of its tangible
and intangible assets to determine whether there is any indication that those
assets have been impaired. If such an indication exists, the recoverable amount
of the asset, being the higher of the asset's fair value less costs to sell and value
in use, is compared to the asset's carrying value. Any excess of the asset's
carrying value over its recoverable amount is expensed to the income statement.

Recoverable amount is the higher of fair value less costs to sell and value in
use. In assessing value in use, the estimated future cash flows are discounted to
their present value using a pre-tax discount rate that reflects current market
assessments of the time value of money and the risks specific to the asset for
which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset is estimated to be less than its carrying
amount, the carrying amount of the asset is reduced to its recoverable amount.
An impairment loss is recognised in profit or loss immediately, unless the
relevant asset is carried at fair value, in which case the impairment loss is
treated as a revaluation decrease. Where an impairment loss subsequently
reverses, the carrying amount of the asset is increased to the revised estimate
of its recoverable amount, but only to the extent that the increased carrying
amount does not exceed the carrying amount that would have been determined
had no impairment loss been recognised for the asset in prior years. A reversal
of an impairment loss is recognised in profit or loss immediately, unless the
relevant asset is carried at fair value, in which case the reversal of the
impairment loss is treated as a revaluation increase.

Certain of the mining tenements to be acquired by the Company may be subject to
native title applications. Further details are set out in the Independent Solicitor's Report
in Section 13 of this Replacement Prospectus. At this stage, it is not possible to
quantify the impact (if any) that native title may have on the operations of the Company.

This Solicitor's Report is prepared for inclusion in a Replacement Prospectus to be
issued by Condor Nickel Limited (the Company) on or about 22 April 2008 to raise
$8,000,000 (the Replacement Prospectus). The offer in the Replacement Prospectus
comprises the issue by the Company of 40,000,000 fully paid ordinary shares at an
issue price of 20 cents per Share.

Contracts are authentic and that the Contracts are and were within the capacity
and powers of those who executed them. We assume that all of the Contracts
were validly authorised, executed and delivered by and are binding on the
parties to them and comprise the entire agreements of the parties to each of
them with respect to their respective subject matters. We have relied on the
Company's instructions that the Contracts are the only contracts or
arrangements relating to the Tenements to which it is a party or of which it is
aware;

Pursuant to sections 49(1) and 75(7) of the Mining Act, the holder of a prospecting
licence may apply for and, subject to the Mining Act and the conditions of the licence,
has the right to have granted a mining lease over any of the land within the licence.
Prior to the terms of the prospecting licences expiring, applications may be made to
convert them to mining leases.

Thereafter, there is no restriction on assignment. Pursuant to sections 67(1) and 75(7)
of the Mining Act, the holder of an exploration licence may apply for and, subject to the
Mining Act and the conditions of the licence, has the right to have granted one or more
mining leases over any of the land within the area of the licence. Prior to the expiration
of the term of any of the exploration licences set out in the Schedule, an application may
be made to convert it to one or more mining leases.

A mining lease remains in force for a period of 21 years and may be renewed for
successive periods of 21 years. It is a breach of a condition of a mining lease to assign
it without the prior written consent of the Minister. In the case of a mining lease
application which is a conversion from either a prospecting licence or an exploration
licence, if the licence is assigned, the mining lease application continues in the name of
the assignee.

Certain conditions that apply to one or more of the Tenements include standard
environmental conditions. Tenements are also subject to statutory requirements of
certain other Acts including Aboriginal heritage legislation, environmental protection
legislation and rights in water legislation. These standard conditions are not detailed in
the notes to the Schedule.

The Company's interest in or right in relation to the granted Mining Tenements is subject
to the holder continuing to comply with the respective terms and conditions of the
respective granted Mining Tenements under the provisions of the Act, and any
regulations made pursuant to that Act, together with the conditions specifically
applicable to any granted Mining Tenement. We have sought and received confirmation
from the Company that the various conditions in respect of each granted Mining
Tenement have been met in all material respects.

There is no requirement for a site to be registered in any public manner or, indeed, be in
any way acknowledged as an Aboriginal site for it to qualify as an Aboriginal site for the
purposes of the Heritage Act. A register of sites is maintained by the Aboriginal Affairs
Department of Western Australia. The Heritage Act applies to all Aboriginal sites and
objects whether or not they are registered under the Heritage Act. For that reason, we
have not conducted a search of that register for the purposes of this report.

A practical method of minimising the danger of unintentional disturbance of a site, is to
undertake Aboriginal heritage surveys with local Aboriginal communities before the
commencement of land disturbing activities. This is an informal process because the
Heritage Act does not actually prescribe a mechanism for identifying Aboriginal sites.
We are not aware of any heritage surveys of the land the subject of the Tenements
having been conducted to date.

The Aboriginal and Torres Strait Islander Heritage Protection Act 1984 (Cth) (Heritage
Protection Act) also affords some protection to Aboriginal sites in Western Australia. It
allows declarations to be made which protect or preserve objects or areas which are of
significance to Aboriginals, whether situated on private or Crown land.

Before making a permanent declaration in relation to an area, the Minister for Aboriginal
Affairs must commission a report on the area, which addresses specific matters such as
the significance of the area, the extent of the area to be protected and the effects of the
declaration on any non-Aboriginal interests in the land.

On 3 June 1992, the High Court of Australia held in Mabo v. Queensland (No.2) (1992)
175 CLR 1 that the common law of Australia recognises a form of native title. In order
to succeed in a native title claim the persons making such claim must show that they
enjoy certain customary rights and privileges in respect of a particular area of land and
that by these rights and privileges they have a connection with that land. Such a claim
will not be recognised if the native title has been extinguished, either by voluntary
surrender to the Crown, death of the last survivor of a community entitled to native title,
abandonment of the land in question by that community or the granting of a wholly

inconsistent interest in the land by the Crown.

An example of an inconsistent interest would be the granting of a freehold or some type
of exclusive possession leasehold interest in the land. The granting of a lesser form of
interest not conferring exclusive possession will not extinguish native title as it would not
be wholly inconsistent with native title rights and interests.

The Commonwealth Parliament responded to the Mabo decision by passing the Native
Title Act 1993 (Cth). This Act enabled a State Parliament to validate any mining
tenements granted prior to its commencement which might otherwise have been invalid
by reason of the RDA. The Native Title Act 1993 (Cth) was extensively amended by the
Native Title Amendment Act 1998 (Cth). These amendments include the ability of a
State Parliament to validate any titles which may have been invalidly granted over
pastoral leases and certain other leasehold interests during the period 1 January 1994
to 23 December 1996. The State of Western Australia has enacted the validating
legislation contemplated by the NTA: the Titles (Validation) and Native Title (Effect of
Past Acts) Act 1995 as amended by the Titles (Validation) and Native Title (Effect of
Past Acts) Amendment Act 1999.

If the Native Title Registrar is satisfied that the lodged claim meets the registration
requirements set out in the NTA (Registration Test), it will be entered on the Register of
Native Title Claims maint

Additional information :

From newsstore.smh.com.au:
The United Nations Despatch Advice Message serves both as a specification. as a Returns Despatch Advice message. Throughout this document, the reference.
Generally, the Despatch Advice enables one Shipper to provide information about the content of a shipment to one Receiver. Specifically, the Despatch.
The despatch advice message may be used for either of two completely. A journal despatch advice may be sent by a publisher to a subscription.
The Despatch Advice message should always be sent before goods are. This segment is used to specify the date of the Despatch Advice.
Advice message. Throughout this document, the reference to 'Despatch Advice' may be interpreted as conveying the wider meaning.
The following example is used to illustrate the different descriptive options of the Despatch Advice message. Options 1 through 4 are presented.
If the caller stated that they were happy to follow the advice, ambulance despatch was cancelled. The decision to cancel was never made without.
A despatch advice is a message that specifies details for goods despatched. The despatch advice should always be sent before the products.