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Peako Secures $5.17 Million to Drill High-Grade Gold Targets in Saudi Arabia

10:42am on Wednesday 10th of June, 2026 AEST Mining
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Peako Secures $5.17 Million to Drill High-Grade Gold Targets in Saudi Arabia

10:42am on Wednesday 10th of June, 2026 AEST
Key Points
  • Binding agreement to acquire 862km² gold projects in Saudi Arabia
  • Portfolio includes drill-ready targets with high-grade historical intercepts
  • Placement raised $5.17 million to fund 2026 exploration program
  • Experienced Saudi-based management and new board appointment
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