below is the list of PEK's play in australia and tanzania.1....

below is the list of PEK's play in australia and tanzania.

1. Ngualla (rare earth and base metal)

2. Three Rivers (gold and VMS deposits)

The Three Rivers project (E52/1663) is located approximately 130km NNE of Meekatharra in Western Austria. It is bounded on the east, southeast and by Sandfire Resources Doolgunna Project and to the south by Alchemy Resources. The Project lies approximately 25km to the west of Sandfires De Grussa discovery.

3. Geita Gold projects

a. Iguruni (gold prospect)

Igurubi has potential to host a resource of between 5 to 8 MT,grading 2.5 2.8g/t and 400,000 to 720,000 oz of gold(1) along a known 5.5km corridor. Igurubi Project is seen as complimenting the high grade Imweru Prospect in the
Geita West region in Peaks drive to become a gold producer.


b. Imweru (gold prospect)

This Project area is marked by extensive artisanal gold workings extending over a composite +2km strike length as highlighted by Peaks 2009 field work. Historical exploration completed in 2002/2003 indicated open ended, potentially economic, gold mineralisation intersected in drilling.



The company's effort has been focused on the Ngualla project and rightly so. Rare earth sector has just warmed up due to the restriction on supply from China and the increasing demand from all the technologies we all need.

would like to hear you guys tots on the other plays and if possible estimate valuation on them? imo, Ngualla project should at least be worth a big chunk of the current market cap??