Peel Mining commences drilling at Apollo Hill gold project

THE DRILL SERGEANT: Peel Mining has kicked off drilling at the company’s 100 per cent-owned Apollo Hill gold project near Leonora in Western Australia.

Peel plans to conduct an exploration program to test for extensions to existing gold mineralisation.

Drilling is being completed to assess the potential to expand Apollo Hill’s JORC inferred resource estimate of 17.2 million tonnes at 0.9 grams per tonne gold for 505,000 ounces of gold (using a 0.5g/t gold cut-off).

Peel indicated drilling has just finished at its recent Wirlong copper discovery, as part of JOGMEC’s Year 2 farm-in activities.

“Planning for Year 3 investigations is advanced and Peel anticipates activities at Wirlong resuming in April/May 2016,” Peel Mining said in its ASX announcement.

“Follow-up of high grade copper mineralisation in WLDD001 and WLRCDD015 will be the priority.

“As previously reported, recent drilling at Wirlong, funded via JOGMEC, intersected multiple significant mineralised intervals, confirming a new and potentially important high-grade copper discovery.

“Mineralisation intersected to date has the typical geochemical, geological and mineral/alteration assemblages of ‘Cobar-style’ deposits.”

Email: info@peelmining.com.au

Website: www.peelmining.com.au