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Peako Ltd.

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Summary

Project:

East Kimberley

Deposit:Eastman, Landrigan
Location:Australia
Commodities:Gold-Silver-Copper-Zinc
Date:11/28/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-11-2019: Peako Ltd. announces an Exploration/Drilling Update report for its Eastman, Landrigan deposit at the East Kimberley project. Drilling results incl. 6m @ 6.52% Cu, 27.27g/t Ag, 1.16g/t Au, 0.29% Zn from 93m. Peako Limited (ASX: PKO) is pleased
Resources:x
CP/QP:[Overall Report]: Daryl Clark (Internal)
ABSTRACT:Peako Limited (ASX: PKO) is pleased to report the results from the recent RC drill program at its East Kimberley Copper-Gold project completed in October 2019. A total of 15 drillholes for 2,398 metres was completed at the Landrigan and Eastman prospects, supported by an Exploration Incentive Scheme drilling grant from the Western Australian government. 11 RC holes totaling 1,868m were drilled at the Landrigan prospect which was identified by BHP in the early 1980s, with the prospect having minimal exploration since. Peako’s 2019 RC drill campaign strategically targeted a mix of anomalous IP, anomalous geochemistry and gossanous ironstone outcrops coincident to potential strike extensions from BHP’s most successful drill hole EYD20 that intersected 9.6m at 2.7% Cu, 12.6 g/t Ag and 1.5 g/t Au.

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