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Peel Mining Advances Exploration and Evaluation at Key Projects

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Peel Mining Advances Exploration and Evaluation at Key Projects

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Peel Mining Limited ( (AU:PEX) ) has shared an announcement.

Peel Mining Limited has completed diamond drilling for metallurgical testwork and geotechnical analysis at the Wagga Tank as part of project scoping works. The company is evaluating the Wagga Tank Open Pit Resource for potential inclusion in the South Cobar Project Pre-feasibility Study. Additionally, exploration activities have identified high-priority targets at the Wagga Tank-Southern Nights prospect area, with drilling commenced at the Chuchi prospect. The Curnamona Project is set to begin a 4,000-meter diamond drill program at the Broken Hill Project, with encouraging survey results from the Anabama copper-gold target.

The most recent analyst rating on (AU:PEX) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Peel Mining Limited stock, see the AU:PEX Stock Forecast page.

More about Peel Mining Limited

Peel Mining Limited is involved in the mining industry, focusing on exploration and development projects. The company primarily deals with copper, gold, silver, lead, and zinc, with a market focus on advancing its projects in the Cobar region and South Australia.

Average Trading Volume: 445,886

Technical Sentiment Signal: Sell

Current Market Cap: A$37.77M

For a thorough assessment of PEX stock, go to TipRanks’ Stock Analysis page.

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