Ann: Wide Rare Earth Intersections from Surface a, page-31

re: Ann: Wide Rare Earth Intersections from S... WIDE RARE EARTH INTERSECTIONS
FROM SURFACE AT NGUALLA
Intersection highlights received from twelve new holes within the Southern Rare Earth Zone include:
NRC097: 116m at 3.25% REO from 2m including
52m at 4.61% REO from 32m
NRC114: 110m at 3.70% REO from surface including
24m at 4.22% REO from surface and
54m at 4.62% REO from 36m
A reconnaissance aircore drill hole located 380m south of existing bedrock intersections in the Southern Rare Earth
Zone returned 50m at 1.38% REO from surface within weathered carbonatite bedrock, suggesting the potential to
significantly extend the known mineralisation to the south.
New rare earth mineralised intersections from unconsolidated sediments within the South West Alluvial Zone have also been
received and include:
NAC566: 17m at 3.72% REO from surface to EOH
NAC567: 25m at 3.50% REO from surface to EOH
A maiden JORC compliant rare earth resource will be completed by the end of the first quarter of 2012 for both the Southern
Rare Earth and the South West Alluvial Zones.
*REO = Total Rare Earth Oxide including yttrium. EOH = end of hole. See Tables 1 to 6 for full drill intersection details.
Highlights:
Peak Resources Limited (Peak) is pleased to report further assay results received from the recently completed
resource drilling program at the Ngualla Rare Earth Project in southern Tanzania.