Peel Mining hits wide high-grade silver zones at Southern Nights

Peel Mining Limited ( (AU:PEX) ) has provided an update.

Peel Mining has reported multiple broad, high-grade silver-zinc-lead intercepts from recent reverse circulation drilling at the Link Zone South target within its Southern Nights Complex in New South Wales. The results confirm shallow, silver-rich polymetallic mineralisation with strong sulphide zones, and indicate that mineralisation remains open along strike and both up- and down-dip.

A deep diamond hole at the main Link Zone has intersected visually significant sulphide mineralisation below the current resource envelope, suggesting substantial depth extensions to the system. Management says the combination of high grades, thickness and open mineralisation highlights significant growth potential for the Southern Nights Complex, reinforcing its role as the key asset in the planned Spectre Metals demerger and IPO.

The most recent analyst rating on (AU:PEX) stock is a Hold with a A$0.20 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 an Australian exploration company focused on discovering and advancing polymetallic deposits, particularly silver, zinc, lead, gold and copper, in New South Wales. The company’s Southern Nights Complex is emerging as a cornerstone asset, underpinning its strategy to build scale and grade in a key mining region.

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Technical Sentiment Signal: Buy

Current Market Cap: A$120.8M

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