Posted in | News | Gold | Copper | Lead | Silver | Zinc

Peel Mining Follow-Up Drilling Confirms Cobar Style Mineralization

Peel Mining Limited is happy to announce that the follow up drilling that it conducted at the Mallee Bull prospect has intersected more high grade Cobar style polymetallic mineralization. The Perth based mining company began the follow up drilling program in November 2011.

The Mallee Bull prospect is owned 100% by the Australian company as part of the May Day Gilgunnia Project. It was previously known as 4-Mile prospect as it was located within the historic 4-Mile goldfield. The project is located 100 km south of Cobar in New South Wales. The May Day gold, silver, lead and zinc deposit is located 10 km away from Mallee Bull.

The Managing Director of Peel Mining Limited, Mr Rob Tyson said that these results confirm that the Mallee Bull prospect is host to high-grade copper-dominant polymetallic mineralization similar to that found at other major deposits located in the Cobar district. Given the early stage of exploration, Mallee Bull represents a possible game-changer for Peel.

Multiple drill holes have found zones of massive sulphide and stringer mineralization, including visible chalcopyrite, sphalerite and galena with accessory sulphide minerals including pyrrhotite, pyrite, and arsenopyrite.

The favorable mineralization could lead to economically viable production for Peel Mining on the prospect. Currently drilling is being carried out on an approximate 40m by 40m grid pattern to determine just how viable the deposit is.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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