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Peak Minerals Limited (ASX:PUA)

ALERT: Price-sensitive ASX Announcement for PUA
Current share price for PUA : $0.049 -0.005 (-9.26%)+
Announcement
Release
12 Aug 2025 8:31AM
Price at Release
$0.054
Full Release
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Summary
On 23 June 2022, Peak Minerals Limited reported that recent drilling at its Green Rocks Project in Western Australia has successfully confirmed and expanded the major mineralised system in the area, particularly at the Copper Hills prospect. The results indicate a larger mineralised footprint and reveal additional copper-bearing zones, reinforcing the potential for a significant copper system. The company’s exploration efforts are targeted at uncovering large-scale copper resources, with recent drill intercepts supporting the presence of substantial copper sulphide mineralisation. These developments are integral to Peak Minerals’ broader growth strategy and highlight the technical significance of the Green Rocks Project findings.
Key Points
  • Peak Minerals Limited announced significant new drilling results at its Green Rocks Project in Western Australia.
  • Drilling has confirmed the expansion of the major mineralised system at Green Rocks, particularly around the Copper Hills prospect.
  • The new results have extended the known mineralisation footprint and identified additional zones of copper and associated minerals.
  • The company’s exploration program aims to further define the extent, grade, and continuity of the mineralised system.
  • Peak Minerals is focusing on the discovery of large-scale copper systems with potential economic significance.
  • The company reported intercepts of copper sulphide mineralisation in multiple drill holes, supporting the existence of a robust mineral system.
  • The drilling campaign forms part of Peak Minerals’ broader strategy to advance its portfolio of copper projects in Western Australia.
  • The announcement emphasises the technical and strategic importance of the new drilling results for the company’s growth.
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.