Pearl Gull’s tenure and key infrastructure located at Cockatoo Island provide the Company with a real time and cost advantage in its commercial efforts in a location which historically has hosted one of the world’s highest grade iron ore deposits. Pearl Gull is undertaking a high impact exploration program in an area of known mineralisation where the Company’s exploration interpretation of the geology is strongly supported by historical data. Pearl Gull is targeting the establishment of iron ore resources and ultimately the definition of iron ore reserves and has assembled a talented board and team to action the Company’s strategy.