Peel Mining Limited (AU:PEX) has released an update.
Peel Mining Limited has reported promising results from its recent drilling program at Wagga Tank with significant intercepts of oxide and supergene copper, gold, and silver mineralization, indicating a robust, near-surface growth opportunity for the deposit. The mineralization, which is mostly located outside the current resource estimate, remains open along strike, and follow-up drilling is planned. The findings underscore the deposit’s potential for further exploration, especially to the north where limited historic drilling has occurred.
For further insights into AU:PEX stock, check out TipRanks’ Stock Analysis page.