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The latest announcement is out from Peel Mining Limited ( (AU:PEX) ).
Peel Mining Limited has announced strong drilling results from its Wagga Tank deposit, part of its South Cobar Project. The second phase of drilling revealed substantial intercepts of silver, copper, and gold, confirming the continuity and expanding the scale of mineralization. These results demonstrate significant potential for adding new resources within open-pittable depths, enhancing the company’s understanding of the mineralization geometry and positioning it to capitalize on further exploration and development opportunities.
More about Peel Mining Limited
Peel Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include silver, copper, gold, lead, and zinc, with a significant market focus on polymetallic volcanic-hosted massive sulphide (VMS) systems, particularly in the South Cobar region of New South Wales, Australia.
YTD Price Performance: -10.14%
Average Trading Volume: 286
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €36.58M
For detailed information about PEX stock, go to TipRanks’ Stock Analysis page.
