Announcement Date: 2023-02-20
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Peako Ltd.
Project name: Eastman
Location: Australia
Commodities: Gold,Palladium,Platinum,Copper,Nickel,Cobalt
Highlight: Drilling results incl. 30m at 0.58g/t Pd, 0.29g/t Pt, 0.11g/t Au, 118.50ppm Co, 0.08% Cu, 0.18% Ni, 0.00 from 48m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: East Kimberley platinum group element (PGE) focused explorer Peako Limited (ASX: PKO) (Peako or the Company) is pleased to announce it has received assay results from its Phase 2 reverse circulation (RC) drill program undertaken at the Company’s Eastman PGE Project in the Kimberley region of Western Australia. Assay results from Phase 2 drilling provide further confidence in the potential of the Eastman Project, in particular highlighting the potential of the Brumby Prospect and surrounds. Significant intercepts from Phase 2 RC drilling include (see also Table 1, Figures 2 & 3):
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