Copper Mineralisation Extends Across Earaheedy Project

Peak Minerals Limited (ASX: PUA) (Peak Minerals or the Company) is pleased to announce results from its drill program at the Earaheedy Project completed in June 2021. The purpose of the drill program was to:

1. Test previously identified, near surface, copper anomalism and
2. Test the potential for basement mineralisation at the Cork Tree and Merah Prospects.

Highlights:

• Drilling confirms and extends historic copper mineralisation at Cork Tree and Merah Prospects
• 26 air core holes drilled totaling 1,280m, intersections of particular interest were:
  • 3m @ 1.57% Cu from 86 m to EOH
    • Including 1m @ 2.16% Cu
  • 4m @ 1.2% Cu from 21m (EHAC0024)
    • including 1m @ 4.12% Cu
  • 6m @ 0.35% Cu from 27m (EHAC0022)
  • 3m @ 0.31% Cu from 52m (EHAC0024)

• A mineralisation envelope (1.1km by 2.0km) defined by historic sampling programs has been extended to the south by 1km and indicates proximity to primary mineralisation.

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