Peel Mining is an ASX-listed minerals explorer (ASX: PEX) focused on developing large-scale and high-grade base metal deposits in the Cobar Superbasin in western New South Wales.
The Company is an active explorer with a strong focus on drilling to make discoveries and drive value for shareholders.
Since entering the Cobar region in 2010, Peel Mining has amassed a significant land holding and drilled over 237,933 metres.
The Company has grown to become NSW’s predominant greenfield’s explorer with the largest tenement holding in Cobar, with over 3,315 km2 controlled in the basin.
Within this tenement holding, Peel Mining has made a number of major discoveries, including:
Wagga Tank – Southern Nights
A major zinc-rich discovery which is the Company’s primary focus
Mallee Bull & May Day
An advanced copper-polymetallic deposit
A 50:50 JV with the Japanese Government (JOGMEC)
Other Cobar Assets
A series of additional prospective projects within the basin
Peel Mining holds an approximate 27% shareholding in Saturn Metals Ltd (ASX: STN), a junior gold exploration company that has built a strong portfolio of assets in the Western Australian Goldfields region.