PEK 2.78% 18.5¢ peak rare earths limited

It wont be too long to wait you would think. Results should be...

  1. 13,667 Posts.
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    It wont be too long to wait you would think. Results should be right around the corner based off the last update we received.

    "Rare Earth mineralisation intersected by previous drilling in the Southern Rare Earth Zone at Ngualla is enriched in the weathered zone of the carbonatite. The new drilling has intersected deeply weathered carbonatite in several drill holes to depths up to 120m from surface (Photo 1). These holes are located on drill traverses 200m and 400m further south of the previous drill traverses (Figure 1)."

    "The first batch of samples from the initial 10 holes was despatched from site for sample preparation in Mwanza before they are flown to SGS Laboratories in Perth, Western Australia for analysis. The first assay results are expected around the end of July."

    If you were to draw a square around the prior drilling and the recent southern drilling in the hard bedrock zone it's roughly a 700 x 700 meter area. Prior results were also down to 100 meters depth and the last announcement clearly states that mineralisation is being hit deeper than this.

    I wouldnt like to be on the sidelines.
 
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