Tuesday, July 8, 2025
12.7 C
London
HomeFinTechPeel Mining: Releases maiden MRE for Wirlong

Peel Mining: Releases maiden MRE for Wirlong

Date:

Mastercard and Pay4You Unite for Enhanced Spend Management Solutions

A Game-Changing Partnership to Transform Financial Oversight for BusinessesHighlights:...

EPC Urges Directory Service Providers to Collaborate on VOP Scheme

Enhancing the Future of Payments: A Call for Collaboration...

Five More Belgian Banks Join the European Payments Initiative

Enhancing Collaboration in the Payment Landscape Across EuropeHighlights: Five...

Peel Mining Releases maiden MRE for Wirlong

  • Peel Mining (PEX) releases a maiden indicated and inferred mineral resource estimate (MRE) for its Wirlong copper deposit in NSW
  • The MRE was based on more than 41,000 metres of reverse circulation and diamond drilling completed by Peel since 2014
  • The total MRE reads 2.45 million tonnes at 2.4 per cent copper and 8.7 g/t silver for 57,900 tonnes of contained copper and 686,000 ounces of contained silver
  • The release of the MRE provides Peel further foundation for its copper-first development strategy by adding copper-rich resources to its portfolio
  • Shares in Peel are up 4.44 per cent on the market and are trading at 23.5 cents

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories