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Peel Mining Ltd.
Summary
| Project: | Wagga Tank | |
|---|---|---|
| Deposit: | Southern Nights-Wagga Tank | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Silver-Gold-Copper | |
| Date: | 7/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-7-2019: Peel Mining Ltd. announces a Resource Estimation report for its Southern Nights-Wagga Tank deposit at the Wagga Tank project. Amended mineral resource estimate correcting metal equivalent calculations. Peel Mining Ltd (Company) (ASX: PEX) refer | |
| Resources: | (Resource, I+I): 3.764Mt @ 5.5% Zn, 2.1% Pb, 75g/t Ag, 0.27% Cu, 0.31g/t Au | |
| CP/QP: | [Resources]: Jason McNamara (Internal) | |
| ABSTRACT: | Peel Mining Ltd (Company) (ASX: PEX) refers to the ASX announcement made on 9 July 2019, Announcement Title: “ROBUST MAIDEN RESOURCE CONFIRMS OUSTANDING MINING & GROWTH POTENTIAL AT SOUTHERN NIGHTS-WAGGA TANK” The Company retracts the above Mineral Resource Estimate release as a result of not technically complying with Clause 50 of the JORC code: Reporting of Metal Equivalents. The resubmitted Mineral Resource Estimate gives modified information regarding the metal equivalent calculation and provides a resultant updated Mineral Resource Estimate. Investors should not rely on the retracted release as a basis for an investment decision. Please find attached the revised Mineral Resource Estimate for Southern Nights-Wagga Tank. | |
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