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Peel Mining Limited ( (AU:PEX) ) has shared an announcement.
Peel Mining Limited reported successful results from its Phase 2 RC drilling at the Wagga Tank, revealing substantial high-grade mineralization, including significant intercepts of copper, gold, silver, lead, and zinc at various depths. These findings highlight the potential to expand resources within open-pittable depths, which could impact the company’s resource base and enhance its market position in the mining sector. Additionally, field work commenced on the Curnamona Project, with a completed airborne survey, indicating further exploration advancements.
More about Peel Mining Limited
Peel Mining Limited is a company operating in the mining industry, primarily focused on the exploration and development of polymetallic mineral systems, including copper, gold, silver, lead, and zinc. The company is actively engaged in exploration activities at its South Cobar Project, particularly at the Wagga Tank-Southern Nights deposit, located approximately 130 km south of Cobar, Australia.
YTD Price Performance: -11.43%
Average Trading Volume: 286
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €38.27M
See more insights into PEX stock on TipRanks’ Stock Analysis page.
