I have seen this badge described as Boer War period Reserve Regiment but I can't confirm anything. I would be very interested to see a set or group of all the varieties like the large thistle and the monogram series (Dragoon Gds etc).
All I know is that a brass oxy 40mm badge was worn by Infantry of the colony of Victoria, and a smaller WM 32mm type by NSW Inf, who also wore them with the numerals 1-4 in the centre.
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