Peako Limited Highlights Promising Metal Prospects

Peako Limited (AU:PKO) has released an update.

Peako Limited has announced progress in its exploration activities, highlighting its East Kimberley tenements in Western Australia as a promising area for diverse metal deposits, including base metals like copper, lead, and zinc, and precious metals such as silver, gold, and PGE (platinum group elements). Notably, the Eastman PGE Project within this region has shown potential for a significant PGE resource, with Peako’s drilling results confirming widespread PGE mineralization beyond the previously focused chromite lenses. The Brumby Prospect, part of the Eastman PGE Intrusive Complex, features high-grade mineralization across a 680m zone, with mineralized areas open to further exploration at depth.

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