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Peel Mining (PEX) investor relations material
Peel Mining Investor Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Leadership and strategy update
New managing director and CFO appointed, bringing proven track records in resource sector value creation.
Board and management have been refreshed, with a strengthened balance sheet after a successful AUD 21 million capital raise.
Mandate established to unlock latent value and pursue growth through exploration and regional consolidation.
Asset portfolio and project focus
Holds a dominant land position in the Cobar Basin, with a high-grade resource base of 23 million tonnes across advanced projects.
Three strategic pillars: South Cobar Copper Project (Mallee Bull and Wirlong), Southern Nights Complex (Wagga Tank and Southern Nights), and regional exploration.
South Cobar Copper Project has 11.3Mt at 2.18% copper equivalent, with development to leverage existing regional processing infrastructure rather than building a new plant.
Southern Nights Complex hosts nearly 10Mt at 8% zinc equivalent, with significant exploration upside and plans for renewed drilling.
Exploration and growth initiatives
Ongoing drilling at Nombinnie and planned deeper drilling at May Day to test for gold extensions.
AUD 4 million allocated to regional exploration over the next 12 months, targeting Cobar style and VMS systems.
Track record of discovering 65% of the Cobar region’s resources over the past 13 years at low discovery cost.
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