Latest Peel Mining (Asx:Pex) News

Peel Mining’s recent drilling at the Nombinnie gold prospect in NSW reveals promising shallow gold mineralisation, while the company also secures significant NSW Government grants to boost its critical minerals exploration.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Peel Mining has secured $21.25 million through a placement and share purchase plan, while appointing a new leadership team to drive a strategic pivot focused on unlocking value from its copper and polymetallic assets in the Cobar Basin.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.

Peel Mining Limited has announced the early closure of its Share Purchase Plan due to overwhelming shareholder interest, signaling robust support ahead of the capital raise completion.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Peel Mining has raised $18.75 million through a placement and share purchase plan, while appointing Tony Schultz as a new director to drive its copper and polymetallic asset strategy in the Cobar Basin.

Peel Mining has appointed a new leadership team with deep mining and capital markets expertise, aiming to unlock significant value from its copper and polymetallic assets in the prolific Cobar region. The company signals a strategic shift towards targeted exploration, regional consolidation, and disciplined growth.

Peel Mining Limited has announced the immediate resignation of its Managing Director and CEO, James (Jim) Simpson, marking a significant leadership change for the company.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Peel Mining Limited has completed key drilling and commenced metallurgical testing at Wagga Tank, while advancing exploration and joint venture activities at Curnamona, maintaining a solid cash position of $1.4 million.

Peel Mining has completed key drilling and testwork at its Wagga Tank site while identifying promising gold targets at Nombinnie, setting the stage for expanded exploration.