PUA 0.00% 0.3¢ peak minerals limited

red hill drilling shows wide pittable zone

  1. 2,734 Posts.
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    Looks like the old Hill End play has some surprises in it left - this drilling today showed some excellent oxide hits on decent mineable width (25m at 2.5g/t) and there is a huge strike length on it. The geos talked about these lower grade sections being fed by high grade pods lower down, which is what the bonanza mines at Hill End were.

    This is turning into an extremely interesting play now, and the chart is tightening up - my feeling is this breaks out to 20c plus on news. Quarterly due out next week.

 
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