Peel Mining: Releases maiden MRE for Wirlong

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