Peel Mining Limited (AU:PEX) has released an update.
Peel Mining Limited reports follow-up drilling results from their Ambergris prospect, revealing a pinching out of mineralization at depth despite the presence of strongly anomalous base and precious metal geochemistry. The results suggest Ambergris remains a promising Cobar-style greenfields target, with the broader area lightly explored and further drilling planned after additional review. The latest outcomes offer insights into the geological controls of mineralization and future exploration direction.
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