PEK 2.78% 18.5¢ peak rare earths limited

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  1. 10,101 Posts.
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    Basically, they drilled the Alluvials (the loose sandy type stuff) and got very very impressive results. It is easy to mine, at surface and free dig.

    But, from a geological angle, these alluvials usually come from a high grade, harder rock source.

    The RC drill results were to target the "source". Today's results were the initial drills looking for this source. It goes a long way to confirm that they will find a very big, high grade source area..... which means very happy days for the shareholders.
 
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