Peel Mining Strikes Major Exploration Deal
Company Announcements

Peel Mining Strikes Major Exploration Deal

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

Peel Mining Limited has announced a $6.5 million Farm-In Agreement with Red Hill Minerals Limited to explore the highly prospective Curnamona Project area, which shows potential for significant mineral deposits including copper, gold, and cobalt. Alongside this, the company has highlighted upcoming drilling at the Wagga Tank site and is progressing with the Southern Nights Wagga Tank land acquisition and a Pre-Feasibility Study (PFS). Peel Mining ended the quarter with a strong cash position, having $6.27 million in the bank.

For further insights into AU:PEX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskPeel Mining’s Promising Exploration Results and Future Plans
TipRanks Australian Auto-Generated NewsdeskPeel Mining Sets AGM to Discuss Key Resolutions
TipRanks Australian Auto-Generated NewsdeskPeel Mining’s Wagga Tank Drilling Shows Promising Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App