Peak Resources Limited Ngualla Project Continues to Grow on New Rare Earth Results

Peak Resources Limited (ASX:PEK) reports assay results from 15 drill holes at the Ngualla rare earth project.

The press release is quoted as saying,

Ngualla is a virgin exploration discovery by Peak, with the first holes completed in the project drilled in June 2010. The latest results continue to demonstrate that Ngualla is one of the largest and better grade new rare earth discoveries of recent years. The project also has potential to host large, near surface deposits of niobium – tantalum and phosphate.

For the complete press release, click here.