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Peako Limited (ASX:PKO)

ALERT: Price-sensitive ASX Announcement for PKO
Current share price for PKO : $0.007 0.001 (16.67%)+
Announcement
Release
6 Aug 2026 9:03AM
Price at Release
$0.006
Full Release
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Summary
Peako Limited has conducted extensive sampling and exploration activities within their Kingdom of Saudi Arabia (KSA) project area, leading to the discovery of notable gold mineralisation. Rock chip samples from locations such as Sukhaybarat South and Wadi Jarir have shown high gold values. The exploration activities are supported by both historical data and recent findings, with future plans including drilling and further sampling. This initiative by Peako Limited represents a significant early-stage exploration effort in this region, highlighting the potential for extensive gold systems.
Key Points
  • Extensive sampling was conducted within the KSA project area.
  • Notable gold mineralisation was discovered at various locations.
  • Sample locations include Sukhaybarat South and Wadi Jarir.
  • Peako Limited is actively exploring gold systems in Saudi Arabia.
  • High gold values were found in several rock chip samples.
  • Future exploration plans include drilling and further sampling.
  • The exploration is supported by historical data and new findings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.