I'm no geologist, but I've been following the plans and program...

I'm no geologist, but I've been following the plans and program of Peak since it was outlined late last year:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02438727-3A578746?access_token=83ff96335c2d45a094df02a206a39ff4


Here is a link to a more recent presentation which includes progress up to March 2022:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02502511-6A1083298?access_token=83ff96335c2d45a094df02a206a39ff4

Peak has two very well qualified geologists with experience in this type of prospect, and extensive experience in interpreting results of seismic, drilling, petrography etc.

Jennifer Nield: https://www.linkedin.com/in/jennifer-neild-9a025472/


Barbara Duggan: https://www.linkedin.com/in/barbara-d-b6541b25/

I'm using my limited understanding of geology, combined with a lot of research, to invest in what two very qualified geologists are exploring.

Since the October 2021 plan was put in place, the ongoing work has focussed on understanding the prospects that they hold.
Each result so far has continued to support their earlier findings.

Hence the significance of this announcement in continuing to offer further support for the model:


This news is just a further step in clarifying the prospect.

It, and all the other data collected, will determine the diamond drilling program coming up in May.

When you look at the share price impact of the recent drilling by Tempest (TEM)
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02503338-2A1365008?access_token=83ff96335c2d45a094df02a206a39ff4
- its possible to understand why the ASX and PUA may have labelled the news Price Sensitive. Not my call.
Any sniff of a new Copper (or Nickel) prospect is positively received by the market in the current conditions.

As I have posted, I see this news as further positive support for the model that is being developed here. No more or less at this stage.

But I think all holders know what the result will be if the diamond drilling results come up with significant copper/nickel results.

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