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PEEL MINING LIMITED Interim / Quarterly Report 2020

Oct 30, 2019

65545_rns_2019-10-30_48a51447-8946-4cb8-8ca7-31cad891e753.pdf

Interim / Quarterly Report

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SEPTEMBER 2019 QUARTERLY REPORT 31 OCTOBER 2019

Highlights

  • Strategic review of Mallee Bull and Southern Nights-Wagga Tank mining potential.

  • Resource upgrade drilling commenced at Southern Nights-Wagga Tank with the aim to increase resource confidence and tonnage.

  • Drilling in the Corridor Zone returns wide, high-grade intercepts highlighting the potential for a link between the Wagga Tank and Southern Nights deposits, and potentially increasing the size of the combined deposits.

  • The Wirlong Prospect is currently the main greenfields exploration focus.

Plans for December Quarter 2019

  • Continued resource upgrade drilling at Southern Nights-Wagga Tank.

  • Ongoing Southern Nights metallurgical testwork.

  • Continuing internal Scoping/Option Studies into Southern Nights and Mallee Bull development scenarios.

Corporate

Strategic Review

During the quarter, Peel undertook a review of the Company’s strategy. The review is focused on monetising the Mallee Bull and Southern Nights-Wagga Tank prospects.

Following the July 2019 release of a maiden Mineral Resource Estimate at Wagga Tank-Southern Nights (WTSN), Peel commenced internal scoping/options studies on WTSN and Mallee Bull. The studies, which remain ongoing, examine multiple potential development scenarios, including the use of third-party processing routes. Whilst the studies are of a high-level only, they clearly highlight the potential for a combined WTSN-Mallee Bull project to offer a critical mass of mining inventory to support a new processing hub in the Southern Cobar Basin.

Of significance, in July 2019 CBH Resources announced the pending closure of its Endeavor Mine, which is located ~40km northwest of Cobar, indicating that the mine could be on care and maintenance by the end of 2019. CBH have since initiated a sale process for the Endeavor Mine. Mallee Bull and Southern Nights-Wagga Tank are located approximately 165km and 200km respectively from the Endeavor Mine.

The Company is currently in discussion with CBH Resources/Toho Zinc to further develop the Mallee Bull Project. The discussions include:

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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  • Re-evaluating the third-party treatment option at Endeavor.

  • Undertaking a resource infill drilling programme at Mallee Bull, necessary to upgrade the classification of the Mineral Resource Estimate, in anticipation of feasibility studies.

Furthermore, Peel has completed a broader strategic review to refine the Company’s targets and goals going forward. The strategic review remains ongoing, however key near-term objectives are listed below:

Strategic Objectives:

The company’s primary near-term (12 months) objectives are:

  • Complete in-house scoping/options studies on Mallee Bull and WTSN.

  • Complete WTSN resource upgrade drilling.

  • Complete revised WTSN Mineral Resource Estimate.

  • Complete WTSN scoping/pre-feasibility study.

  • Complete Mallee Bull resource upgrade drilling.

  • Complete revised Mallee Bull Mineral Resource Estimate.

  • Complete Mallee Bull scoping/pre-feasibility study.

Executive Director Appointment

During the quarter, the Company appointed mining engineer Mr James (Jim) Simpson as Executive Director Mining, effective 9 September 2019.

The appointment of Mr Simpson to the Board reflects the Company’s transformation from an exploration to a mining development company.

R&D

As previously reported, during the quarter Peel received a $1.5m payment under the Research and Development Tax Incentive scheme.

Exploration

Wagga Tank Project: Zinc, Lead, Silver, Copper, Gold; Western NSW (PEX 100%). Targets : Cobar-style polymetallic mineralisation; Volcanogenic Massive Sulphide mineralisation.

The Wagga Tank project is located on the western edge of the Cobar Superbasin, ~130 km south of Cobar or ~30km northwest of Mount Hope and is host to the namesake polymetallic VMS-type deposit. Mineralisation straddles a broad zone of intense tectonic brecciation and hydrothermal alteration (sericite-chlorite with local silicification) and occur as sub-vertical elongate shoots/lenses. Drilling by Peel to date has focused on defining the geometry and extent of large-scale Zn-rich mineralisation at Wagga Tank-Southern Nights.

Drilling at Wagga Tank-Southern Nights resumed in late August with two multi-purpose (RC/diamond) drill rigs and is to comprise ~10,000m drilling primarily designed to progress the project towards development. Since recommencement, drilling has targeted both Wagga Tank and the Corridor Zone (located between Wagga Tank and Southern Nights) with Phase 1 drilling in the Corridor Zone complete. Wagga Tank and Southern Nights drilling are in progress. A total of 13 drillholes, for 5,154m, were completed during the quarter; assays have been reported for 4 drillholes with the remainder pending.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Corridor Zone

The Corridor Zone is an approximately 800m long area separating Wagga Tank and Southern Nights deposits. Drillhole WTRCDD123, was drilled in the Corridor Zone in April 2018 and intercepted significant massive sulphide mineralisation returning 14.45m @ 2.43% Cu, 2.67 g/t Au, 123 g/t Ag, 2.58% Zn, 0.87% Pb from 435.55m . DHEM was undertaken in WTRCDD123 which yielded a moderate offhole conductor predominantly below the drillhole.

Drillhole WTRCDD141 was originally drilled in July 2018 to a depth of ~430m on a westerly (270[o] ) azimuth, however a review of this drillhole indicated that it hadn’t intersected the hanging wall Wagga Tank formation, and was a good candidate to extend to test the offhole DHEM anomaly and for potential downdip/along strike extensions to the intercept in WTRCDD123.

During the quarter WTRCDD141 was extended to a total depth of 822.8m and intersected significant zones of variable pyrite-sphalerite-galena rich sulphides including massive, semi-massive and breccia/stringer sulphide zinc-lead rich mineralisation from ~550m to ~600m downhole. The mineralised intersection in WTRCDD141 lies ~60m south and ~80m down dip from the mineralised intercept in WTRCD123. Subsequently two daughter holes (WTRCDD141W1 and WTRCDD141W2) were drilled off WTRCDD141, with WTRCDD141W1 successfully intercepting significant zinc-lead rich mineralisation from ~501m to ~510m downhole, and from ~570m to ~620m downhole, including several zones of strong massive zinc-lead rich mineralisation. Final results for WTRCDD141 and WTRCDD141W1 were received subsequent to the quarter.

  • WTRCDD141 returned multiple zones of significant mineralisation with better results including:

  • 0.5m @ 19.0% Zn, 9.6% Pb, 0.1% Cu, 173 g/t Ag, 0.32 g/t Au from 510.1m

  • 5.00m @ 1.58% Zn, 1.14% Pb, 0.02% Cu, 60g/t Ag and 0.15g/t Au from 522m

  • 2.1m @ 4.7% Cu, 129 g/t Ag, 0.15 g/t Au, 0.4% Zn, 0.5% Pb from 530.2m

  • 58.3m @ 5.4% Zn, 2.3% Pb, 0.1% Cu, 24 g/t Ag, 0.31 g/t Au from 546.7m (including 13.1m @ 11.1% Zn, 5.7% Pb, 52 g/t Ag, 0.51 g/t Au from 553.9m)

  • 54m @ 1.24% Zn, 0.70% Pb, 0.03% Cu, 8 g/t Ag and 0.07 g/t Au from 642m

  • WTRCDD141W1 returned multiple zones of significant mineralisation with better results including:

    • 2.8m @ 21.66% Zn, 12.72% Pb, 0.42% Cu, 441 g/t Ag, 1.23 g/t Au from 505.1m)
  • 17m @ 1.3% Cu, 25 g/t Ag, 0.14 g/t Au, 0.1% Zn, 0.1% Pb from 510m

  • 47m @ 6.31% Zn, 2.79% Pb, 0.05% Cu, 24 g/t Ag and 0.28 g/t Au from 573m

  • 53m @ 3.4% Zn, 1.9% Pb, 0.1% Cu, 24 g/t Ag and 0.46 g/t Au from 626m

  • 9m @ 1.1% Zn, 0.8% Pb, 0.05% Cu, 15g/t Ag and 0.05g/t Au from 684m

The intersections in WTRCD141 and WTRCD141W1 in conjunction with previously reported drillhole WTRCDD123 infer the identification of another significant zone of mineralisation. The mineralisation which is hosted predominantly in the volcanoclastic unit, resembles that intersected 500m to the south in the north-western corner of Southern Nights (WTRCDD166W1 and WTRCDD188W1 refer to ASX Release dated 29[th] May). This mineralisation provides further support that the Wagga Tank and Southern Nights deposits are possibly interconnected, and like other significant Volcanogenic Massive Sulphide deposits, mineralisation is likely to cluster and stack in multiple lenses.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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DHEM and the change in tenor of the mineralisation from WTRCDD141 to WTRCDD141W suggest that mineralisation may increase down plunge. Drilling of Phase 1 in the Corridor Zone was completed during the quarter. Once all assay results have been returned further analysis will be undertaken to determine the best location to target with follow-up drilling in this exciting area.

Southern Nights Drilling

Drilling of the Southern Nights Central Zone commenced at the end of this quarter. The program is designed to both infill the deeper zone of mineralisation (>~250m below surface) to a nominal 20x20m drill spacing targeting increased resource confidence, as well as, seeking resource extensions in the north, south and down dip directions where mineralisation remains open.

Drillhole WTRCDD186 was completed during the quarter with ~5m of moderate to strong visual mineralisation intercepted primarily in the volcanoclastic unit as expected in this area and represents a 50m extension to the current mineralisation in a north-west direction.

Drillhole WTRC212 was an exploration hole drilled ~250m south of the last line of drilling at Southern Nights. The hole was targeting a possible southern extension identified in IP. No significant mineralisation was identified, however the hole did not reach the contact between the Wagga Tank formation and the Vivigani Formation which typically is the focal point for mineralisation. Further review of this target is required.

Drilling at Southern Nights is ongoing at the time of reporting with the bulk of assays remaining pending.

Wagga Tank

Drilling at Wagga Tank has been designed to test for extensions to the existing resource and to provide infill drilling to improve the confidence of the resource.

During this quarter, six drillholes were completed. Mineralisation has been intercepted in-line with the existing resource model however variable ground conditions have impacted recoveries.

Post quarter end results from WTRCDD213 were received. This drillhole was drilled to test for shallower (up-dip) southern extensions to the Wagga Tank resource and returned a significant gold mineralised interval of 20m @ 1.52 g/t Au, 4 g/t Ag, 0.2% Cu, 0.4% Pb from 80m (including 4m @ 3.83 g/t Au, 6 g/t Ag, 0.1% Cu, 0.1% Pb from 80m.

Drilling is continuing at Wagga Tank at the time of reporting with the bulk of assays remaining pending.

Next steps

On completion of the current drilling at Wagga Tank and Southern Nights, a resource update is anticipated to further assist the economic evaluation of the project. Internal Scoping Study work remains ongoing, examining potential development scenarios available. Metallurgical testwork is ongoing to assist with evaluation of the project.

Mallee Bull Project: Copper, Silver, Gold, Lead, Zinc; Western NSW (PEX 50% manager, CBH 50%). Targets: Cobar-style polymetallic mineralisation; Volcanogenic Massive Sulphide mineralisation.

The Mallee Bull project is a 50:50 Joint Venture with CBH Resources Limited (CBH). Drilling in the June 2017 quarter led to an update to the May 2014 JORC compliant Mineral Resource with a 65% increase in total contained copper equivalent tonnes; the current estimate now comprises 6.76 million tonnes at

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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1.8% copper, 31 g/t silver, 0.4 g/t gold, 0.6% lead and 0.6% zinc (2.6% copper equivalent) containing approximately 119,000 tonnes of copper, 6.6 million ounces silver, 83,000 ounces gold, 38,000 tonnes of lead and 38,000 tonnes of zinc (175,000t copper equivalent) (using a 1% copper equivalent cut-off). Details of the update can be found in the announcement released 6 July 2017; "Mallee Bull Resource Grows 65% to 175,000 CuEq".

Mallee Bull

During the quarter, work continued on compiling and lodging all necessary documentation required to obtain regulatory approval for the establishment of an exploration decline. Work comprised:

  • Preparation of supporting documents for Review of Environmental Factors (REF) including: o Rehabilitation Cost Estimation Calculation

  • Rehabilitation Management Plan

  • Water Management Plan

  • Preparation of supporting documents for Notification of High-Risk Activity Form

  • Preparation of documentation for Preliminary Feasibility Study at Mallee Bull

In addition to this further geotechnical assessment was undertaken and reviewed to ensure the stability of Mallee Bull box cut, portal and initial decline development.

Cobar Superbasin Project: Copper, Silver, Gold, Lead, Zinc; Western NSW (PEX 100%).

Targets: Cobar-style polymetallic mineralisation; Volcanogenic Massive Sulphide mineralisation.

The Cobar Superbasin Project is subject to a Memorandum of Agreement with Japan Oil, Gas, and Metals National Corporation (JOGMEC). Details of the JOGMEC MoA can be found in the Company’s ASX Announcement released on 30 September 2014. Exploration activities undertaken during the quarter mainly focused on the Wirlong and Bedooba prospects. The Wirlong prospect represents a very large hydrothermal system containing significant high-grade copper mineralisation.

Wirlong

Drilling during the quarter at the Wirlong Prospect comprised three reverse circulation (RC) holes WLRC061, WLRC062 and WLRC063 for a total of 729m RC drilled at Wirlong South; and one diamond tail WLRCDD025 for a total of 282.4m at Wirlong Central.

The three RC holes drilled in Wirlong South, were designed to test the along strike potential of the significant results from WLRC008 and WLRC009.

No significant results were found in WLRC061 however encouraging results from WLRC062 included:

  • 11m @ 1.07% Cu, 0.05% Zn, 0.08% Pb, 5 g/t Ag, 0.01 g/t Au from 3m, and

  • 51m @ 1.54% Zn, 0.37% Pb, 0.06% Cu, 2 g/t Ag, 0.01 g/t Au from 53m.

WLRC063 results included 14m @ 0.77% Zn, 0.19% Pb, 0.09% Cu, 1 g/t Ag, 0.04 g/t Au from 87m. WLRCDD025 diamond tail was drilled to test a DHEM plate modelled from WLRCDD057. Significant results were:

  • 4m @ 1.35% Cu, 0.05% Zn, 0.02% Pb, 5 g/t Ag, 0.07 g/t Au from 289m, and

  • 4m @ 1.25% Cu, 0.05% Zn, 0.01% Pb, 4 g/t Ag from 391m, and

  • 3m @ 7.63% Cu, 0.17% Zn, 0.11% Pb, 19 g/t Ag, 0.08 g/t Au from 428m (including 1m @ 17.55% Cu from 430m and 2m @ 1.34% Cu, 0.40% Zn, 0.02% Pb, 3 g/t Ag, 0.01 g/t Au from 434m ).

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Sandy Creek Prospect

Drilling comprised of two reverse circulation (RC) holes, PSCRC008 and PSCRC009 totaling 619m RC was completed this quarter. Drilling tested a flat lying EM plate in the central part of the Sandy Creek prospect. No significant mineralization was found in PSCRC008.

PSCRC009 contained some anomalous results including 5m @ 0.68% Zn, 0.31% Pb, 0.04% Cu, 15 g/t Ag, 0.02 g/t Au from 154m and 9m @ 1.37% Zn, 0.81% Pb, 0.01% Cu, 6 g/t Ag, 0.02 g/t Au from 192m. The cause of the EM plate was found to be disseminated and vein hosted pyrrhotite.

Next Steps

A two drillhole diamond program at Wirlong is set to commence this quarter to test the continuation of the high-grade lenses and to test a revised geological/structural model. Drilling has been designed to test for strike and dip extensions of the high-grade zones which is now believed to be NW-SE some 45 degrees angle from what has previously been modelled.

Other Projects

May Day Tails

The May Day Tails prospect is located roughly 2km WSW of the historic May Day open pit. During the quarter a shallow surface RAB core drilling program consisting of 165 holes, at an average depth of 40m, for a total of 6,106m was completed. The purpose of the program was to test the stratigraphy of the prospect and look for possible geochemical anomalies.

The geology of the prospect is comprised of interbedded coarse-grained volcaniclastics and sediments of the Mount Halfway Volcanics and Upper Ampitheatre Group, respectively. Quartz veining is widespread at May Day Tails. Minor zones of anomalous base metal sulphides were intersected in the drilling, most of which were strongly oxidised. Fire assay gold analysis was undertaken on 4m composites with no significant results received.

For further information, please contact Managing Director Rob Tyson on (08) 9382 3955.

Competent Persons Statements

The information in this report that relates to Exploration Results is based on information compiled by Mr Rob Tyson who is a fulltime employee of the company. Mr Tyson is a member of the Australasian Institute of Mining and Metallurgy. Mr Tyson has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Tyson consents to the inclusion in this report of the matters based on information in the form and context in which it appears. Exploration results are based on standard industry practices, including sampling, assay methods, and appropriate quality assurance quality control (QAQC) measures.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Figure 1 - Wagga Tank-Southern Nights Drill Plan

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Peel Mining Limited ACN 119 343 734 www.peelmining.com.au ASX: PEX

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected]

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Figure 2 – Wagga Tank-Southern Nights Long Section

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----- Start of picture text -----

14.5m @ 2.4% Cu, 2.67 g/t Au, 123 g/t
Ag, 2.6% Zn, 0.9% Pb in WTRCDD123
47m @ 6.3% Zn, 2.8% Pb, 0.05% Cu, 24 g/t Ag,
0.28 g/t Au and 53m @ 3.4% Zn, 1.9% Pb, 0.1% 58.3m @ 5.4% Zn, 2.3% Pb, 0.1% Cu, 24g/t Ag
Cu, 24 g/t Ag and 0.46 g/t Au in WTRCDD141W1 and 0.31g/t Au and 54m @ 1.2% Zn, 0.7% Pb,
0.03% Cu, 8g/t Ag and 0.07g/t Au in WTRCDD141
----- End of picture text -----

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Figure 3 – Corridor Zone Cross Section

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----- Start of picture text -----

14.5m @ 2.4% Cu, 2.67
g/t Au, 123 g/t Ag, 2.6%
Zn, 0.9% Pb
47m @ 6.3% Zn, 2.8%
Pb, 0.05% Cu, 24 g/t Ag,
0.28 g/t Au
58.3m @ 5.4% Zn, 2.3%
Pb, 0.1% Cu, 24g/t Ag,
53m @ 3.4% Zn, 1.9%
0.31g/t Au
Pb, 0.1% Cu, 24 g/t Ag,
0.46 g/t Au
54m @ 1.2% Zn, 0.7%
Pb, 0.03% Cu, 8g/t Ag,
0.07g/t Au
----- End of picture text -----

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Figure 4: Wirlong Drill Plan

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Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Figure 5: Sandy Creek Drill Plan

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Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected]

www.peelmining.com.au ASX: PEX

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Figure 6: Cobar Superbasin Project Tenements and Prospects

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Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Wagga Tank-Southern Nights RC/Diamond Drill Collars

Hole ID Northing Easting Azi Dip Final Depth(m)
WTRC212 378466.694 6385385.977 92.3 -60.3 192.00
WTRCDD135 378846.313 6387060.223 266.99 -62.12 425.40
WTRCDD141 378814.419 6386977.097 269.21 -62.65 822.80
WTRCDD141W1 378814.419 6386977.097 269.21 -62.65 754.00
WTRCDD141W1A 378814.419 6386977.097 269.21 -62.65 308.30
WTRCDD141W2 378814.419 6386977.097 269.21 -62.65 747.00
WTRCDD186 378260.851 6386453.719 81.88 -57.58 516.50
WTRCDD213 378800.860 6387314.520 317.9 -45.7 253.60
WTRCDD214 378823.430 6387294.620 316.4 -59.22 323.00
WTRCDD215 378820.390 6387297.350 315.34 -49.92 189.30
WTRCDD216 378829.140 6387341.700 312.63 -48.41 260.70
WTRCDD217 378846.000 6387326.000 312.94 -50.47 277.70
WTRCDD218 378862.000 6387364.000 314.06 -46 276.40
TOTAL 5,346.70

Wirlong Drill Collars

Wirlong Drill Collars
Hole ID Northing Easting Azi Dip Final Depth(m)
PSCRC008 415081.000 6435095.000 274 -85 265
PSCRC009 415247.000 6435111.000 277.6 -85.1 349
WLRC061 418785.000 6445508.000 270 -65 391
WLRC062 418785.000 6445740.000 271.3 -54.3 146
WLRC063 418700.000 6445504.000 270.2 -55.2 192

Sandy Creek Drill Collars

Hole ID Northing Easting Azi Dip Final Depth(m)
PSCRC008 415081.000 6435095.000 274 -85 265
PSCRC009 415247.000 6435111.000 277.6 -85.1 349

May Day Tail RAB Drill Collars

Hole ID Northing Easting Azi Dip Final Depth(m)
PMDTRAB001 403704.629 6411489.596 0 -90 27
PMDTRAB002 403710.194 6411399.514 0 -90 15
PMDTRAB003 403693.726 6411293.034 0 -90 19
PMDTRAB004 403700.871 6411195.095 0 -90 64
PMDTRAB005 403704.594 6411101.004 0 -90 73
PMDTRAB006 403694.300 6410988.042 0 -90 27
PMDTRAB007 403694.391 6410900.125 0 -90 63
PMDTRAB008 403697.310 6410791.835 0 -90 60
PMDTRAB009 403694.085 6410696.790 0 -90 39
PMDTRAB010 403698.477 6410591.729 0 -90 22
PMDTRAB011 403705.832 6410501.332 0 -90 16
PMDTRAB012 403895.730 6410601.491 0 -90 18
PMDTRAB013 403914.793 6410692.252 0 -90 27
PMDTRAB014 403901.476 6410806.651 0 -90 27
PMDTRAB015 403903.099 6410902.346 0 -90 23

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

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Hole ID Northing Easting Azi Dip Final Depth(m)
PMDTRAB016 403902.751 6411007.445 0 -90 58
PMDTRAB017 403903.226 6411105.235 0 -90 44
PMDTRAB018 403900.797 6411201.778 0 -90 56
PMDTRAB019 403907.433 6411304.283 0 -90 47
PMDTRAB020 403906.222 6411401.281 0 -90 40
PMDTRAB021 403895.580 6411501.403 0 -90 34
PMDTRAB022 404100.381 6411500.367 0 -90 31
PMDTRAB023 404098.868 6411392.922 0 -90 18
PMDTRAB024 404096.281 6411299.547 0 -90 20
PMDTRAB025 404096.740 6411192.453 0 -90 23
PMDTRAB026 404094.503 6411101.742 0 -90 15
PMDTRAB027 404099.039 6411000.896 0 -90 38
PMDTRAB028 404093.382 6410904.054 0 -90 28
PMDTRAB029 404095.894 6410798.643 0 -90 18
PMDTRAB030 404095.863 6410703.407 0 -90 18
PMDTRAB031 404298.894 6410906.126 0 -90 75
PMDTRAB032 404297.025 6411003.561 0 -90 27
PMDTRAB033 404301.558 6411110.037 0 -90 40
PMDTRAB034 404303.214 6411212.494 0 -90 37
PMDTRAB035 404299.520 6411254.810 0 -90 18
PMDTRAB036 404297.157 6411305.454 0 -90 9
PMDTRAB037 404308.402 6411348.911 0 -90 17
PMDTRAB038 404303.229 6411398.419 0 -90 17
PMDTRAB039 404298.469 6411503.255 0 -90 27
PMDTRAB040 404500.306 6411497.526 0 -90 35
PMDTRAB041 404502.135 6411394.215 0 -90 29
PMDTRAB042 404502.804 6411304.086 0 -90 41
PMDTRAB043 404499.708 6411204.497 0 -90 57
PMDTRAB044 404498.966 6411094.621 0 -90 37
PMDTRAB045 404699.511 6411105.284 0 -90 31
PMDTRAB046 404698.865 6411203.063 0 -90 47
PMDTRAB047 404699.683 6411295.202 0 -90 36
PMDTRAB048 404695.901 6411396.499 0 -90 34
PMDTRAB049 404699.099 6411505.401 0 -90 12
PMDTRAB050 404899.091 6411495.877 0 -90 57
PMDTRAB051 404887.722 6411405.635 0 -90 69
PMDTRAB052 404897.986 6411294.753 0 -90 39
PMDTRAB053 404904.529 6411219.426 0 -90 64
PMDTRAB054 404902.556 6411100.114 0 -90 67
PMDTRAB055 405095.979 6411496.298 0 -90 51
PMDTRAB056 405090.609 6411397.908 0 -90 7
PMDTRAB057 405078.835 6411300.677 0 -90 31
PMDTRAB058 405098.524 6411207.070 0 -90 21
PMDTRAB059 405101.944 6411103.885 0 -90 10
PMDTRAB060 405294.372 6411496.730 0 -90 23
PMDTRAB061 405291.777 6411393.045 0 -90 55
PMDTRAB062 405301.431 6411296.570 0 -90 3

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Hole ID Northing Easting Azi Dip Final Depth(m)
PMDTRAB063 405302.183 6411196.797 0 -90 4
PMDTRAB064 405291.515 6411111.661 0 -90 8
PMDTRAB065 405500.914 6411500.449 0 -90 39
PMDTRAB066 405498.666 6411399.539 0 -90 46
PMDTRAB067 405498.854 6411299.649 0 -90 6
PMDTRAB068 405499.892 6411209.302 0 -90 21
PMDTRAB069 405505.396 6411104.030 0 -90 10
PMDTRAB070 405693.829 6411493.393 0 -90 45
PMDTRAB071 405685.060 6411395.859 0 -90 43
PMDTRAB072 405700.182 6411297.440 0 -90 58
PMDTRAB073 405696.747 6411192.638 0 -90 30
PMDTRAB074 405699.201 6411101.528 0 -90 18
PMDTRAB075 405903.236 6411502.342 0 -90 36
PMDTRAB076 405902.281 6411393.572 0 -90 45
PMDTRAB077 405900.224 6411291.999 0 -90 12
PMDTRAB078 405899.983 6411197.316 0 -90 25
PMDTRAB079 405903.286 6411105.660 0 -90 54
PMDTRAB080 405906.550 6411891.405 0 -90 41
PMDTRAB081 405900.840 6411798.334 0 -90 42
PMDTRAB082 405911.245 6411701.312 0 -90 30
PMDTRAB083 405892.940 6411597.702 0 -90 28
PMDTRAB084 405709.712 6411994.994 0 -90 43
PMDTRAB085 405704.029 6411899.262 0 -90 49
PMDTRAB086 405704.230 6411797.710 0 -90 52
PMDTRAB087 405704.338 6411696.046 0 -90 58
PMDTRAB088 405698.909 6411603.310 0 -90 67
PMDTRAB089 405506.288 6411598.839 0 -90 31
PMDTRAB090 405497.529 6411700.311 0 -90 43
PMDTRAB091 405503.640 6411800.370 0 -90 45
PMDTRAB092 405507.871 6411900.301 0 -90 72
PMDTRAB093 405501.023 6411998.576 0 -90 48
PMDTRAB094 405492.070 6412100.600 0 -90 42
PMDTRAB095 405312.380 6412100.017 0 -90 34
PMDTRAB096 405297.637 6411998.102 0 -90 26
PMDTRAB097 405306.460 6411900.068 0 -90 49
PMDTRAB098 405302.482 6411793.376 0 -90 67
PMDTRAB099 405299.982 6411689.581 0 -90 41
PMDTRAB100 405293.404 6411599.384 0 -90 40
PMDTRAB101 405095.903 6411593.972 0 -90 26
PMDTRAB102 405106.078 6411691.298 0 -90 33
PMDTRAB103 405104.784 6411798.495 0 -90 87
PMDTRAB104 405100.909 6411900.123 0 -90 50
PMDTRAB105 405098.716 6412002.766 0 -90 31
PMDTRAB106 405099.647 6412103.331 0 -90 16
PMDTRAB107 404895.099 6412006.827 0 -90 22.5
PMDTRAB108 404906.922 6411900.285 0 -90 37.5
PMDTRAB109 404903.313 6411774.859 0 -90 31.5

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Hole ID Northing Easting Azi Dip Final Depth(m)
PMDTRAB110 404903.273 6411699.691 0 -90 44.5
PMDTRAB111 404902.265 6411597.573 0 -90 32
PMDTRAB112 404699.540 6411597.647 0 -90 46.2
PMDTRAB113 404697.405 6411703.727 0 -90 54.2
PMDTRAB114 404702.229 6411799.894 0 -90 29.2
PMDTRAB115 405903.286 6411900.077 0 -90 15
PMDTRAB116 405899.983 6411988.684 0 -90 22.2
PMDTRAB117 404499.298 6411791.426 0 -90 34.2
PMDTRAB118 404499.258 6411696.745 0 -90 41
PMDTRAB119 404503.671 6411598.558 0 -90 57.2
PMDTRAB120 405699.157 6412197.892 0 -90 55.5
PMDTRAB121 405701.450 6412103.898 0 -90 42
PMDTRAB122 405499.993 6412198.016 0 -90 21.3
PMDTRAB123 405298.861 6412197.452 0 -90 36
PMDTRAB124 405096.107 6412199.309 0 -90 33
PMDTRAB125 403797.605 6410902.444 0 -90 70
PMDTRAB126 403802.893 6410998.285 0 -90 62
PMDTRAB127 403803.119 6411102.281 0 -90 28
PMDTRAB128 403999.109 6411195.955 0 -90 46
PMDTRAB129 404005.199 6411296.570 0 -90 30.3
PMDTRAB130 404000.484 6411101.287 0 -90 31
PMDTRAB131 404000.507 6411000.509 0 -90 73
PMDTRAB132 404207.567 6410998.162 0 -90 52
PMDTRAB133 404201.848 6411104.873 0 -90 27.1
PMDTRAB134 404202.982 6411202.891 0 -90 20
PMDTRAB135 404203.178 6411300.567 0 -90 43
PMDTRAB136 404196.398 6411400.283 0 -90 35.2
PMDTRAB137 404398.618 6411403.430 0 -90 23.3
PMDTRAB138 404401.942 6411301.242 0 -90 35
PMDTRAB139 404399.067 6411198.218 0 -90 21
PMDTRAB140 404398.259 6411105.304 0 -90 58
PMDTRAB141 404399.464 6410998.550 0 -90 41
PMDTRAB142 403900.590 6411046.561 0 -90 61
PMDTRAB143 404596.374 6411302.536 0 -90 36.3
PMDTRAB144 404601.974 6411395.940 0 -90 49
PMDTRAB145 406000.065 6411604.802 0 -90 70
PMDTRAB146 406003.226 6411498.178 0 -90 33
PMDTRAB147 405797.180 6411501.791 0 -90 49
PMDTRAB148 405800.451 6411604.152 0 -90 46
PMDTRAB149 405904.330 6411004.337 0 -90 52
PMDTRAB150 405790.296 6411102.938 0 -90 39
PMDTRAB151 406002.112 6411104.812 0 -90 32
PMDTRAB152 405601.491 6411403.721 0 -90 64
PMDTRAB153 405600.857 6411501.278 0 -90 34
PMDTRAB154 405604.815 6411600.320 0 -90 23
PMDTRAB155 405604.084 6411698.097 0 -90 25
PMDTRAB156 405396.165 6411400.902 0 -90 79

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Hole ID Northing Easting Azi Dip Final Depth(m)
PMDTRAB157 405403.970 6411500.645 0 -90 24
PMDTRAB158 405402.215 6411597.194 0 -90 38
PMDTRAB159 405399.906 6411702.607 0 -90 32.2
PMDTRAB160 405399.058 6411303.477 0 -90 22
PMDTRAB161 404799.277 6411312.777 0 -90 12.3
PMDTRAB162 404800.412 6411401.370 0 -90 25
PMDTRAB163 404800.849 6411504.038 0 -90 28.1
PMDTRAB164 405000.604 6411489.743 0 -90 34
PMDTRAB165 404604.581 6411497.630 0 -90 25
TOTAL 6,105.8

Wagga Tank – Southern Nights Diamond Lab Assay Results received during the quarter

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WTRCDD141 508.00 509.10 665 12 7 0.1 0.01
WTRCDD141 509.10 510.07 30 394 5 2.6 0.01
WTRCDD141 510.07 510.56 190000 96000 1090 173.0 0.32
WTRCDD141 510.56 511.10 1130 743 44 5.9 0.03
WTRCDD141 511.10 512.00 247 197 12 5.4 0.03
WTRCDD141 512.00 513.00 131 150 59 2.4 0.10
WTRCDD141 513.00 514.00 139 127 91 4.4 0.12
WTRCDD141 514.00 515.00 283 206 79 4.6 0.11
WTRCDD141 515.00 516.00 165 169 92 3.8 0.10
WTRCDD141 516.00 517.00 187 166 152 4.6 0.18
WTRCDD141 517.00 518.00 115 129 74 1.7 0.13
WTRCDD141 518.00 519.00 87 87 66 1.1 0.09
WTRCDD141 519.00 520.00 152 113 69 1.3 0.08
WTRCDD141 520.00 521.00 702 253 47 2.1 0.07
WTRCDD141 521.00 522.00 3810 1770 76 7.0 0.08
WTRCDD141 522.00 523.00 11750 5430 175 23.1 0.08
WTRCDD141 523.00 524.00 2250 15250 376 118.0 0.10
WTRCDD141 524.00 525.10 4770 6150 206 114.0 0.45
WTRCDD141 525.10 526.00 24600 12300 237 23.9 0.03
WTRCDD141 526.00 527.00 37400 18300 103 10.4 0.04
WTRCDD141 527.00 528.00 3630 3820 16 2.8 0.02
WTRCDD141 528.00 529.00 386 52 27 0.3 0.02
WTRCDD141 529.00 530.24 111 125 1000 4.0 0.02
WTRCDD141 530.24 531.30 998 192 57900 149.0 0.10
WTRCDD141 531.30 532.30 6300 11200 34700 108.0 0.21
WTRCDD141 532.30 533.00 216 189 1470 5.0 0.06
WTRCDD141 533.00 534.00 74 54 86 0.9 0.03
WTRCDD141 534.00 535.00 129 83 1770 5.8 0.03
WTRCDD141 535.00 536.00 121 34 341 1.4 0.02
WTRCDD141 536.00 537.00 153 3120 1180 9.3 0.02
WTRCDD141 537.00 538.00 192 102 684 2.7 0.03
WTRCDD141 538.00 539.00 305 36 1500 4.9 0.05
WTRCDD141 539.00 540.00 443 80 39 0.4 0.02
WTRCDD141 540.00 541.00 245 12 27 0.2 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WTRCDD141 541.00 542.00 89 19 18 0.1 0.02
WTRCDD141 542.00 543.00 236 41 86 0.5 0.02
WTRCDD141 543.00 544.00 1310 779 191 2.9 0.03
WTRCDD141 544.00 545.00 134 14 25 0.1 0.01
WTRCDD141 545.00 546.72 3670 2130 444 5.1 0.02
WTRCDD141 546.72 547.70 51300 17950 203 19.8 0.10
WTRCDD141 547.70 548.60 9620 2720 87 5.5 0.04
WTRCDD141 548.60 549.80 9130 5550 1130 13.8 0.06
WTRCDD141 549.80 551.00 3720 3280 404 6.1 0.03
WTRCDD141 551.00 552.00 27500 15250 281 17.3 0.04
WTRCDD141 552.00 553.00 7430 3520 37 4.4 0.02
WTRCDD141 553.00 553.88 16700 4670 93 7.0 0.04
WTRCDD141 553.88 555.00 182500 107000 6100 159.0 1.09
WTRCDD141 555.00 556.20 105500 62600 5510 99.0 1.03
WTRCDD141 556.20 557.40 13000 8400 98 5.3 0.03
WTRCDD141 557.40 558.40 108500 45000 616 42.3 0.23
WTRCDD141 558.40 559.40 20200 9530 145 4.4 0.08
WTRCDD141 559.40 560.40 5970 20500 102 8.7 0.11
WTRCDD141 560.40 561.00 90100 74800 1200 46.3 0.43
WTRCDD141 561.00 562.00 237000 114000 1330 71.4 0.50
WTRCDD141 562.00 563.00 172500 84300 1530 66.6 0.89
WTRCDD141 563.00 564.00 105500 68500 1480 51.2 0.82
WTRCDD141 564.00 565.00 116000 42300 1150 40.9 0.80
WTRCDD141 565.00 566.20 207000 86800 1380 46.2 0.34
WTRCDD141 566.20 567.00 51800 18850 293 18.5 0.14
WTRCDD141 567.00 568.00 14450 6490 317 6.3 0.06
WTRCDD141 568.00 569.00 9810 5150 115 5.9 0.03
WTRCDD141 569.00 570.00 8530 3300 175 20.5 0.03
WTRCDD141 570.00 571.00 5580 2170 110 27.0 0.07
WTRCDD141 571.00 572.03 96500 29600 359 35.5 0.16
WTRCDD141 572.03 573.00 15650 4660 132 4.7 0.07
WTRCDD141 573.00 574.00 30100 11300 70 5.4 0.04
WTRCDD141 574.00 575.00 58500 22200 234 8.4 0.11
WTRCDD141 575.00 576.00 75600 22900 147 7.8 0.14
WTRCDD141 576.00 577.00 55000 20200 455 7.6 0.23
WTRCDD141 577.00 578.00 47100 19700 733 15.1 0.32
WTRCDD141 578.00 579.00 70200 13050 1270 11.1 0.51
WTRCDD141 579.00 580.00 50200 10650 1010 9.1 0.41
WTRCDD141 580.00 581.00 24600 11800 2110 18.1 0.45
WTRCDD141 581.00 582.00 47600 8830 1890 19.4 0.35
WTRCDD141 582.00 583.00 51500 9220 1340 13.2 0.41
WTRCDD141 583.00 584.00 42900 8220 1710 13.2 0.41
WTRCDD141 584.00 585.00 4470 5530 3460 23.7 0.60
WTRCDD141 585.00 586.00 27300 19150 715 21.0 0.33
WTRCDD141 586.00 587.00 179500 5890 312 12.2 1.86
WTRCDD141 587.00 588.20 69100 20900 646 23.8 0.37
WTRCDD141 588.20 589.50 57200 11550 514 27.2 0.53

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WTRCDD141 589.50 590.50 24000 7320 207 17.2 0.62
WTRCDD141 590.50 591.70 39400 15750 586 16.0 0.15
WTRCDD141 591.70 593.00 66600 18800 1800 23.1 0.27
WTRCDD141 593.00 594.30 89700 40800 4670 38.1 0.33
WTRCDD141 594.30 595.00 9910 10650 824 8.8 0.09
WTRCDD141 595.00 596.00 29400 26000 2320 27.3 0.19
WTRCDD141 596.00 597.00 9720 4920 1280 13.5 0.08
WTRCDD141 597.00 598.00 32000 15800 2240 24.7 0.11
WTRCDD141 598.00 599.00 19750 8140 1660 17.6 0.18
WTRCDD141 599.00 600.00 9360 3090 1300 8.9 0.12
WTRCDD141 600.00 601.00 13400 7190 1180 11.6 0.14
WTRCDD141 601.00 602.00 13400 3330 511 8.0 0.15
WTRCDD141 602.00 603.00 6100 2800 972 8.3 0.13
WTRCDD141 603.00 604.00 14450 7220 2330 13.4 0.17
WTRCDD141 604.00 605.00 70200 39700 2350 38.8 0.47
WTRCDD141 605.00 606.00 1010 496 52 1.7 0.05
WTRCDD141 606.00 607.00 635 745 138 1.6 0.06
WTRCDD141 607.00 608.00 3060 1600 62 1.6 0.05
WTRCDD141 608.00 609.00 8590 4910 939 7.9 0.05
WTRCDD141 609.00 610.00 5880 2920 758 4.4 0.07
WTRCDD141 610.00 611.00 9950 4540 535 5.8 0.15
WTRCDD141 611.00 612.00 850 352 221 1.3 0.02
WTRCDD141 612.00 612.70 761 597 96 1.3 0.03
WTRCDD141 612.70 614.00 4150 2080 82 2.5 0.02
WTRCDD141 614.00 615.00 10700 3280 317 5.2 0.02
WTRCDD141 615.00 616.00 8550 3550 364 5.9 0.02
WTRCDD141 616.00 617.00 2660 1845 260 3.5 0.01
WTRCDD141 617.00 618.00 4900 2400 246 4.7 0.01
WTRCDD141 618.00 619.00 1820 2020 275 4.5 0.01
WTRCDD141 619.00 620.00 19000 6740 462 8.7 0.01
WTRCDD141 620.00 621.00 10550 3490 719 7.3 0.02
WTRCDD141 621.00 622.00 7140 3380 471 5.6 0.03
WTRCDD141 622.00 623.00 6990 3660 210 4.8 0.05
WTRCDD141 623.00 624.00 1160 844 122 2.5 0.03
WTRCDD141 624.00 625.00 6450 2000 110 3.7 0.03
WTRCDD141 625.00 626.00 2560 2020 229 4.5 0.03
WTRCDD141 626.00 627.00 8630 4830 516 10.2 0.06
WTRCDD141 627.00 628.00 5290 1450 236 3.6 0.03
WTRCDD141 628.00 629.00 1260 660 152 2.3 0.02
WTRCDD141 629.00 630.00 1240 220 108 1.4 0.03
WTRCDD141 630.00 631.00 300 121 37 1.2 0.02
WTRCDD141 631.00 632.00 3580 63 83 0.9 0.02
WTRCDD141 632.00 633.00 4050 391 95 1.6 0.04
WTRCDD141 633.00 634.00 2060 462 92 1.6 0.03
WTRCDD141 634.00 635.00 3300 616 86 1.9 0.03
WTRCDD141 635.00 636.00 4790 962 168 2.5 0.03
WTRCDD141 636.00 637.00 5710 1180 117 2.8 0.03

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WTRCDD141 637.00 638.00 1920 670 218 2.9 0.03
WTRCDD141 638.00 639.00 3400 705 310 4.1 0.02
WTRCDD141 639.00 640.00 1260 490 25 1.4 0.03
WTRCDD141 640.00 641.00 1900 108 21 1.1 0.04
WTRCDD141 641.00 642.00 1410 1700 27 2.5 0.04
WTRCDD141 642.00 643.00 18650 10550 477 8.5 0.05
WTRCDD141 643.00 644.00 66400 37000 924 22.9 0.13
WTRCDD141 644.00 645.00 49600 20400 180 13.4 0.10
WTRCDD141 645.00 646.00 5400 2550 143 2.6 0.06
WTRCDD141 646.00 647.00 2900 612 26 1.2 0.07
WTRCDD141 647.00 648.00 1460 373 21 1.2 0.04
WTRCDD141 648.00 648.40 5600 480 26 1.1 0.04
WTRCDD141 648.40 649.00 19800 5740 364 5.5 0.09
WTRCDD141 649.00 650.00 31500 20400 565 14.8 0.08
WTRCDD141 650.00 651.00 7120 5540 411 4.9 0.07
WTRCDD141 651.00 652.00 8160 2310 255 3.4 0.06
WTRCDD141 652.00 653.00 8070 4300 561 6.7 0.12
WTRCDD141 653.00 654.00 10800 8770 1370 17.2 0.22
WTRCDD141 654.00 655.00 19600 9630 1870 17.3 0.19
WTRCDD141 655.00 656.00 75300 35300 1100 39.2 0.16
WTRCDD141 656.00 657.00 13350 7560 283 10.5 0.12
WTRCDD141 657.00 658.00 49800 46000 782 42.3 0.16
WTRCDD141 658.00 659.00 4490 1815 91 2.4 0.04
WTRCDD141 659.00 660.00 7240 1560 116 2.7 0.07
WTRCDD141 660.00 661.20 4130 2530 70 3.1 0.02
WTRCDD141 661.20 662.10 14600 14450 765 21.2 0.01
WTRCDD141 662.10 663.00 6030 2940 194 4.7 0.11
WTRCDD141 663.00 664.00 22500 7050 274 8.4 0.08
WTRCDD141 664.00 665.00 14550 6750 165 8.3 0.06
WTRCDD141 665.00 666.00 4980 3070 434 4.3 0.07
WTRCDD141 666.00 666.65 62800 47100 502 44.4 0.09
WTRCDD141 666.65 667.85 22700 17200 259 19.1 0.05
WTRCDD141 667.85 669.00 11450 4930 226 5.0 0.06
WTRCDD141 669.00 670.00 6350 3670 449 9.5 0.07
WTRCDD141 670.00 671.00 6030 1820 122 3.4 0.06
WTRCDD141 671.00 672.00 8840 3590 141 4.6 0.06
WTRCDD141 672.00 673.00 9550 4950 94 5.9 0.06
WTRCDD141 673.00 674.00 15600 12250 546 10.6 0.18
WTRCDD141 674.00 675.00 3330 3020 59 3.3 0.05
WTRCDD141 675.00 676.00 27100 15600 261 10.8 0.09
WTRCDD141 676.00 677.00 3730 1925 80 4.8 0.12
WTRCDD141 677.00 678.00 17500 5730 329 6.6 0.10
WTRCDD141 678.00 679.00 8430 3290 142 6.9 0.13
WTRCDD141 679.00 680.00 10500 3540 121 8.1 0.11
WTRCDD141 680.00 681.00 2880 2890 65 6.2 0.19
WTRCDD141 681.00 682.00 9110 2960 35 5.7 0.12

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Wirlong Percussion and Diamond Lab Assay Results received Wirlong Percussion and Diamond Lab Assay Results received Wirlong Percussion and Diamond Lab Assay Results received Wirlong Percussion and Diamond Lab Assay Results received Wirlong Percussion and Diamond Lab Assay Results received Wirlong Percussion and Diamond Lab Assay Results received during the quarter
HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PSCRC008 0.00 6.00 -0.01
PSCRC008 6.00 12.00 -0.01
PSCRC008 12.00 18.00 -0.01
PSCRC008 18.00 24.00 -0.01
PSCRC008 24.00 30.00 -0.01
PSCRC008 30.00 36.00 -0.01
PSCRC008 36.00 42.00 -0.01
PSCRC008 42.00 48.00 -0.01
PSCRC008 48.00 54.00 -0.01
PSCRC008 54.00 60.00 -0.01
PSCRC008 60.00 66.00 -0.01
PSCRC008 66.00 72.00 -0.01
PSCRC008 72.00 78.00 -0.01
PSCRC008 78.00 83.00 -0.01
PSCRC008 83.00 84.00 124 31 35 0.1 -0.01
PSCRC008 84.00 85.00 132 30 43 0.1 -0.01
PSCRC008 85.00 86.00 480 28 41 0.1 -0.01
PSCRC008 86.00 87.00 279 70 42 0.1 -0.01
PSCRC008 87.00 88.00 157 36 37 0.1 -0.01
PSCRC008 88.00 94.00 -0.01
PSCRC008 94.00 100.00 -0.01
PSCRC008 100.00 106.00 0.01
PSCRC008 106.00 112.00 -0.01
PSCRC008 112.00 113.00 146 32 40 0.1 -0.01
PSCRC008 113.00 114.00 133 37 33 0.1 -0.01
PSCRC008 114.00 115.00 139 40 39 0.1 -0.01
PSCRC008 115.00 116.00 600 32 31 0.1 -0.01
PSCRC008 116.00 117.00 153 36 33 0.1 -0.01
PSCRC008 117.00 118.00 141 37 33 0.1 -0.01
PSCRC008 118.00 124.00 -0.01
PSCRC008 124.00 130.00 -0.01
PSCRC008 130.00 136.00 -0.01
PSCRC008 136.00 142.00 -0.01
PSCRC008 142.00 148.00 -0.01
PSCRC008 148.00 154.00 -0.01
PSCRC008 154.00 160.00 0.01
PSCRC008 160.00 166.00 0.01
PSCRC008 166.00 172.00 0.01
PSCRC008 172.00 178.00 -0.01
PSCRC008 178.00 184.00 -0.01
PSCRC008 184.00 190.00 -0.01
PSCRC008 190.00 196.00 -0.01
PSCRC008 196.00 202.00 -0.01
PSCRC008 202.00 208.00 -0.01
PSCRC008 208.00 214.00 -0.01
PSCRC008 214.00 220.00 -0.01
PSCRC008 220.00 226.00 -0.01

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PSCRC008 226.00 232.00 -0.01
PSCRC008 232.00 238.00 -0.01
PSCRC008 238.00 244.00 -0.01
PSCRC008 244.00 250.00 -0.01
PSCRC008 250.00 256.00 0.02
PSCRC008 256.00 262.00 -0.01
PSCRC008 262.00 265.00 -0.01
PSCRC009 0.00 6.00 -0.01
PSCRC009 6.00 12.00 0.01
PSCRC009 12.00 18.00 -0.01
PSCRC009 18.00 24.00 -0.01
PSCRC009 24.00 30.00 -0.01
PSCRC009 30.00 36.00 -0.01
PSCRC009 36.00 42.00 -0.01
PSCRC009 42.00 48.00 -0.01
PSCRC009 48.00 54.00 -0.01
PSCRC009 54.00 60.00 -0.01
PSCRC009 60.00 66.00 -0.01
PSCRC009 66.00 72.00 -0.01
PSCRC009 72.00 78.00 0.01
PSCRC009 78.00 84.00 -0.01
PSCRC009 84.00 90.00 -0.01
PSCRC009 90.00 96.00 -0.01
PSCRC009 96.00 102.00 -0.01
PSCRC009 102.00 108.00 -0.01
PSCRC009 108.00 114.00 -0.01
PSCRC009 114.00 120.00 -0.01
PSCRC009 120.00 126.00 -0.01
PSCRC009 126.00 132.00 -0.01
PSCRC009 132.00 138.00 0.01
PSCRC009 138.00 144.00 0.01
PSCRC009 144.00 145.00 145 55 32 0.8 0.01
PSCRC009 145.00 146.00 173 64 37 1.1 0.02
PSCRC009 146.00 147.00 180 54 34 1.0 0.01
PSCRC009 147.00 148.00 116 56 28 1.3 0.01
PSCRC009 148.00 149.00 106 44 17 1.0 -0.01
PSCRC009 149.00 150.00 94 32 12 0.8 -0.01
PSCRC009 150.00 151.00 84 59 22 1.5 0.02
PSCRC009 151.00 152.00 1340 286 36 4.9 0.05
PSCRC009 152.00 153.00 159 87 21 2.6 0.01
PSCRC009 153.00 154.00 113 144 23 3.6 0.02
PSCRC009 154.00 155.00 5530 1760 334 12.9 0.03
PSCRC009 155.00 156.00 7480 3080 398 20.5 0.03
PSCRC009 156.00 157.00 5000 2340 305 11.3 0.01
PSCRC009 157.00 158.00 1650 1000 144 3.7 -0.01
PSCRC009 158.00 159.00 14300 7250 944 28.4 0.04
PSCRC009 159.00 160.00 3590 1945 268 8.0 0.02

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PSCRC009 160.00 161.00 1040 559 88 2.6 0.01
PSCRC009 161.00 162.00 493 145 30 0.7 -0.01
PSCRC009 162.00 163.00 614 265 49 1.2 0.01
PSCRC009 163.00 164.00 661 294 51 1.4 0.01
PSCRC009 164.00 165.00 445 198 34 1.2 0.01
PSCRC009 165.00 171.00 -0.01
PSCRC009 171.00 177.00 -0.01
PSCRC009 177.00 183.00 -0.01
PSCRC009 183.00 189.00 0.01
PSCRC009 189.00 190.00 147 47 28 0.3 0.01
PSCRC009 190.00 191.00 162 57 29 0.3 0.01
PSCRC009 191.00 192.00 164 75 51 0.3 0.01
PSCRC009 192.00 193.00 29500 13950 210 13.6 0.02
PSCRC009 193.00 194.00 12150 4980 135 4.2 0.02
PSCRC009 194.00 195.00 12650 5210 61 4.0 0.01
PSCRC009 195.00 196.00 14250 7630 294 4.8 0.04
PSCRC009 196.00 197.00 23500 11250 79 6.7 0.03
PSCRC009 197.00 198.00 16700 7440 73 4.8 0.04
PSCRC009 198.00 199.00 6260 6580 48 4.2 0.01
PSCRC009 199.00 200.00 3240 2460 40 1.6 -0.01
PSCRC009 200.00 201.00 4620 13400 88 7.5 0.01
PSCRC009 201.00 202.00 4940 4380 94 2.8 0.03
PSCRC009 202.00 203.00 4040 1830 92 1.2 0.03
PSCRC009 203.00 204.00 3000 820 82 0.6 0.01
PSCRC009 204.00 205.00 3150 1840 150 1.2 0.03
PSCRC009 205.00 206.00 3060 1750 73 1.2 0.05
PSCRC009 206.00 207.00 1270 1170 58 0.8 0.24
PSCRC009 207.00 208.00 557 1880 63 1.2 0.05
PSCRC009 208.00 209.00 509 1130 28 0.7 0.02
PSCRC009 209.00 210.00 343 488 21 0.4 0.03
PSCRC009 210.00 211.00 828 436 22 0.4 0.02
PSCRC009 211.00 212.00 1370 1150 44 1.1 0.03
PSCRC009 212.00 213.00 1860 1200 56 1.2 0.02
PSCRC009 213.00 214.00 1810 820 47 0.9 0.05
PSCRC009 214.00 215.00 1310 875 33 0.8 0.03
PSCRC009 215.00 216.00 532 810 32 0.7 0.02
PSCRC009 216.00 217.00 4080 3050 21 1.8 0.03
PSCRC009 217.00 218.00 3290 1240 15 0.8 0.09
PSCRC009 218.00 219.00 1930 728 25 0.5 0.05
PSCRC009 219.00 220.00 2520 4020 78 2.6 0.03
PSCRC009 220.00 221.00 3170 1720 57 1.2 0.03
PSCRC009 221.00 222.00 1450 2240 30 1.4 0.01
PSCRC009 222.00 223.00 650 2900 14 1.6 0.02
PSCRC009 223.00 224.00 415 3310 12 1.8 0.01
PSCRC009 224.00 225.00 1640 2150 11 1.2 0.01
PSCRC009 225.00 226.00 2620 1520 11 0.9 0.01
PSCRC009 226.00 227.00 2350 1110 10 0.7 -0.01

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PSCRC009 227.00 228.00 2480 1380 10 0.9 -0.01
PSCRC009 228.00 229.00 2340 1340 12 0.8 -0.01
PSCRC009 229.00 230.00 2970 1620 16 1.0 -0.01
PSCRC009 230.00 231.00 2490 1820 30 1.2 -0.01
PSCRC009 231.00 232.00 2750 1730 31 1.7 0.01
PSCRC009 232.00 233.00 5160 2910 30 2.4 0.01
PSCRC009 233.00 234.00 3520 2150 19 1.5 0.01
PSCRC009 234.00 235.00 3230 1740 13 1.1 0.01
PSCRC009 235.00 236.00 2900 1450 10 0.9 -0.01
PSCRC009 236.00 237.00 2290 865 14 0.5 0.01
PSCRC009 237.00 238.00 2320 1310 15 0.8 0.01
PSCRC009 238.00 239.00 1630 1120 17 0.8 0.01
PSCRC009 239.00 240.00 1500 1520 26 1.1 0.02
PSCRC009 240.00 241.00 6020 2540 34 1.7 0.01
PSCRC009 241.00 242.00 4900 2350 26 1.8 0.01
PSCRC009 242.00 243.00 4000 1950 27 1.8 0.01
PSCRC009 243.00 244.00 5380 3070 34 4.0 0.04
PSCRC009 244.00 245.00 3380 1700 25 1.4 0.02
PSCRC009 245.00 246.00 4140 2080 24 1.3 -0.01
PSCRC009 246.00 247.00 3520 1760 14 1.0 -0.01
PSCRC009 247.00 248.00 2110 1180 9 0.7 -0.01
PSCRC009 248.00 249.00 3120 1160 5 0.7 -0.01
PSCRC009 249.00 250.00 1450 606 5 0.5 -0.01
PSCRC009 250.00 251.00 397 459 8 0.7 -0.01
PSCRC009 251.00 257.00 -0.01
PSCRC009 257.00 263.00 -0.01
PSCRC009 263.00 269.00 -0.01
PSCRC009 269.00 275.00 -0.01
PSCRC009 275.00 281.00 -0.01
PSCRC009 281.00 287.00 -0.01
PSCRC009 287.00 293.00 0.01
PSCRC009 293.00 299.00 0.01
PSCRC009 299.00 305.00 -0.01
PSCRC009 305.00 311.00 0.02
PSCRC009 311.00 317.00 0.02
PSCRC009 317.00 323.00 -0.01
PSCRC009 323.00 329.00 -0.01
PSCRC009 329.00 335.00 -0.01
PSCRC009 335.00 341.00 -0.01
PSCRC009 341.00 345.00 -0.01
PSCRC009 345.00 349.00 -0.01
WLRC061 0.00 6.00 0.01
WLRC061 6.00 12.00 0.01
WLRC061 12.00 18.00 0.01
WLRC061 18.00 24.00 0.01
WLRC061 24.00 30.00 -0.01
WLRC061 30.00 36.00 -0.01

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRC061 36.00 42.00 -0.01
WLRC061 42.00 48.00 -0.01
WLRC061 48.00 54.00 -0.01
WLRC061 54.00 60.00 -0.01
WLRC061 60.00 66.00 -0.01
WLRC061 66.00 72.00 -0.01
WLRC061 72.00 78.00 -0.01
WLRC061 78.00 84.00 -0.01
WLRC061 84.00 90.00 -0.01
WLRC061 90.00 96.00 -0.01
WLRC061 96.00 102.00 -0.01
WLRC061 102.00 108.00 -0.01
WLRC061 108.00 114.00 -0.01
WLRC061 114.00 120.00 -0.01
WLRC061 120.00 126.00 -0.01
WLRC061 126.00 132.00 -0.01
WLRC061 132.00 138.00 -0.01
WLRC061 138.00 139.00 1380 155 14 0.5 -0.01
WLRC061 139.00 140.00 1740 238 95 0.5 -0.01
WLRC061 140.00 141.00 1480 105 72 0.2 -0.01
WLRC061 141.00 142.00 930 125 11 0.2 -0.01
WLRC061 142.00 143.00 1380 77 38 0.2 -0.01
WLRC061 143.00 144.00 1640 74 136 0.3 -0.01
WLRC061 144.00 145.00 5600 8520 5290 12.3 0.01
WLRC061 145.00 146.00 1910 918 1310 2.3 0.01
WLRC061 146.00 147.00 1760 202 281 0.5 -0.01
WLRC061 147.00 148.00 1570 136 52 0.4 -0.01
WLRC061 148.00 149.00 1380 105 16 0.3 -0.01
WLRC061 149.00 150.00 912 38 15 0.1 -0.01
WLRC061 150.00 151.00 1080 20 13 0.1 -0.01
WLRC061 151.00 152.00 2280 183 1720 1.7 -0.01
WLRC061 152.00 153.00 1620 303 1535 1.4 0.01
WLRC061 153.00 154.00 1270 253 722 0.7 0.01
WLRC061 154.00 155.00 2860 1030 1415 1.4 0.01
WLRC061 155.00 156.00 6190 6640 1815 6.3 0.04
WLRC061 156.00 157.00 2690 499 1890 1.4 0.01
WLRC061 157.00 158.00 3130 296 5210 2.7 0.01
WLRC061 158.00 159.00 3980 167 5670 3.0 0.01
WLRC061 159.00 160.00 1830 157 1280 1.1 0.01
WLRC061 160.00 166.00 0.01
WLRC061 166.00 172.00 0.01
WLRC061 172.00 178.00 -0.01
WLRC061 178.00 184.00 0.01
WLRC061 184.00 190.00 0.01
WLRC061 190.00 196.00 -0.01
WLRC061 196.00 202.00 0.01
WLRC061 202.00 208.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRC061 208.00 214.00 -0.01
WLRC061 214.00 220.00 -0.01
WLRC061 220.00 226.00 -0.01
WLRC061 226.00 232.00 -0.01
WLRC061 232.00 238.00 -0.01
WLRC061 238.00 244.00 0.01
WLRC061 244.00 250.00 0.01
WLRC061 250.00 256.00 0.01
WLRC061 256.00 262.00 0.01
WLRC061 262.00 268.00 0.01
WLRC061 268.00 274.00 -0.01
WLRC061 274.00 280.00 0.01
WLRC061 280.00 286.00 0.01
WLRC061 286.00 292.00 0.01
WLRC061 292.00 298.00 0.01
WLRC061 298.00 304.00 -0.01
WLRC061 304.00 310.00 -0.01
WLRC061 310.00 316.00 -0.01
WLRC061 316.00 322.00 -0.01
WLRC061 322.00 328.00 0.01
WLRC061 328.00 334.00 0.01
WLRC061 334.00 340.00 0.01
WLRC061 340.00 346.00 0.01
WLRC061 346.00 352.00 0.01
WLRC061 352.00 358.00 -0.01
WLRC061 358.00 364.00 0.01
WLRC061 364.00 370.00 0.01
WLRC061 370.00 376.00 0.01
WLRC061 376.00 382.00 0.01
WLRC061 382.00 388.00 -0.01
WLRC061 388.00 391.00 -0.01
WLRC062 0.00 1.00 570 2170 1740 1.2 0.01
WLRC062 1.00 2.00 626 2180 1810 1.4 0.01
WLRC062 2.00 3.00 804 2300 4240 3.8 0.02
WLRC062 3.00 4.00 644 1555 10400 4.0 0.02
WLRC062 4.00 5.00 484 775 9120 7.0 0.01
WLRC062 5.00 6.00 455 752 4910 3.3 0.01
WLRC062 6.00 7.00 352 565 3380 2.2 0.01
WLRC062 7.00 8.00 511 586 21700 10.1 0.01
WLRC062 8.00 9.00 669 589 10400 5.2 0.01
WLRC062 9.00 10.00 767 955 17900 5.5 0.01
WLRC062 10.00 11.00 544 652 12100 4.7 0.01
WLRC062 11.00 12.00 257 518 8120 3.0 0.01
WLRC062 12.00 13.00 628 814 13150 4.5 0.02
WLRC062 13.00 14.00 221 554 6490 2.5 0.01
WLRC062 14.00 15.00 180 372 3340 1.8 -0.01
WLRC062 15.00 16.00 217 158 720 1.3 -0.01

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRC062 16.00 17.00 260 132 633 1.0 -0.01
WLRC062 17.00 18.00 364 151 2390 2.3 -0.01
WLRC062 18.00 19.00 744 673 5850 3.3 0.01
WLRC062 19.00 20.00 665 428 892 1.4 -0.01
WLRC062 20.00 21.00 730 402 595 1.2 -0.01
WLRC062 21.00 27.00 -0.01
WLRC062 27.00 33.00 -0.01
WLRC062 33.00 39.00 -0.01
WLRC062 39.00 45.00 0.01
WLRC062 45.00 49.00 -0.01
WLRC062 49.00 50.00 1440 465 556 1.9 -0.01
WLRC062 50.00 51.00 1120 161 1470 0.8 -0.01
WLRC062 51.00 52.00 1530 224 301 0.5 0.01
WLRC062 52.00 53.00 3930 647 154 0.9 -0.01
WLRC062 53.00 54.00 15100 439 625 1.9 0.01
WLRC062 54.00 55.00 11350 252 416 1.0 0.02
WLRC062 55.00 56.00 21000 5970 1335 5.8 0.02
WLRC062 56.00 57.00 21500 2250 580 2.1 0.01
WLRC062 57.00 58.00 50200 5900 1345 5.8 0.03
WLRC062 58.00 59.00 50100 1915 2530 2.9 0.03
WLRC062 59.00 60.00 26500 4290 756 3.2 0.02
WLRC062 60.00 61.00 11800 814 566 1.1 -0.01
WLRC062 61.00 62.00 3590 740 127 0.5 -0.01
WLRC062 62.00 63.00 7550 740 93 0.5 -0.01
WLRC062 63.00 64.00 6390 1080 332 1.2 -0.01
WLRC062 64.00 65.00 5240 562 134 0.6 0.01
WLRC062 65.00 66.00 9350 1985 130 1.0 0.01
WLRC062 66.00 67.00 10350 1790 210 0.8 0.01
WLRC062 67.00 68.00 10350 1415 376 0.6 0.01
WLRC062 68.00 69.00 4000 833 124 0.3 -0.01
WLRC062 69.00 70.00 5560 1280 139 0.7 0.01
WLRC062 70.00 71.00 7450 2090 578 2.0 0.01
WLRC062 71.00 72.00 10150 772 804 1.2 0.01
WLRC062 72.00 73.00 7410 1900 312 1.2 -0.01
WLRC062 73.00 74.00 8550 1600 167 1.0 -0.01
WLRC062 74.00 75.00 49500 3460 2210 7.9 0.02
WLRC062 75.00 76.00 25000 2230 1155 4.9 0.01
WLRC062 76.00 77.00 24800 10700 705 8.1 0.01
WLRC062 77.00 78.00 6990 1195 582 1.0 -0.01
WLRC062 78.00 79.00 6420 964 834 1.2 0.01
WLRC062 79.00 80.00 9700 1120 562 1.3 0.02
WLRC062 80.00 81.00 21200 3100 1000 4.2 0.02
WLRC062 81.00 82.00 23600 3070 1120 3.8 0.02
WLRC062 82.00 83.00 16650 2400 557 2.2 0.01
WLRC062 83.00 84.00 16000 1730 276 1.4 0.01
WLRC062 84.00 85.00 17700 1925 383 1.6 0.01
WLRC062 85.00 86.00 17550 2580 448 2.7 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRC062 86.00 87.00 10350 1705 758 1.4 0.01
WLRC062 87.00 88.00 11450 2270 285 1.4 0.01
WLRC062 88.00 89.00 10850 2280 322 1.6 0.01
WLRC062 89.00 90.00 10800 1325 2330 2.4 0.06
WLRC062 90.00 91.00 17500 2680 905 1.5 0.01
WLRC062 91.00 92.00 13200 11000 387 4.0 0.02
WLRC062 92.00 93.00 19550 12550 311 3.1 0.01
WLRC062 93.00 94.00 38500 23400 741 7.2 0.05
WLRC062 94.00 95.00 19700 9380 380 2.0 0.01
WLRC062 95.00 96.00 18150 5790 332 1.9 0.01
WLRC062 96.00 97.00 19100 8490 343 2.7 0.02
WLRC062 97.00 98.00 13700 6010 292 1.5 0.01
WLRC062 98.00 99.00 14700 7140 263 1.5 0.01
WLRC062 99.00 100.00 9910 4980 309 1.3 0.01
WLRC062 100.00 101.00 4650 2070 105 0.8 -0.01
WLRC062 101.00 102.00 1730 891 200 0.5 0.01
WLRC062 102.00 103.00 5960 3090 250 1.6 0.01
WLRC062 103.00 104.00 8580 9290 1010 5.1 0.03
WLRC062 104.00 105.00 1270 934 90 0.5 0.01
WLRC062 105.00 106.00 1820 1350 138 0.7 0.01
WLRC062 106.00 107.00 1120 697 78 0.4 0.01
WLRC062 107.00 108.00 6690 3820 1715 1.7 0.03
WLRC062 108.00 109.00 1400 1060 200 0.6 -0.01
WLRC062 109.00 110.00 429 251 68 0.2 0.01
WLRC062 110.00 116.00 0.01
WLRC062 116.00 122.00 0.01
WLRC062 122.00 128.00 -0.01
WLRC062 128.00 134.00 -0.01
WLRC062 134.00 140.00 0.01
WLRC062 140.00 146.00 0.02
WLRC063 0.00 6.00 0.01
WLRC063 6.00 12.00 -0.01
WLRC063 12.00 18.00 -0.01
WLRC063 18.00 24.00 0.01
WLRC063 24.00 30.00 -0.01
WLRC063 30.00 36.00 -0.01
WLRC063 36.00 42.00 0.01
WLRC063 42.00 48.00 -0.01
WLRC063 48.00 54.00 -0.01
WLRC063 54.00 60.00 -0.01
WLRC063 60.00 66.00 0.01
WLRC063 66.00 72.00 -0.01
WLRC063 72.00 78.00 -0.01
WLRC063 78.00 84.00 0.02
WLRC063 84.00 85.00 2870 569 21 0.5 0.01
WLRC063 85.00 86.00 3380 626 127 0.9 0.02
WLRC063 86.00 87.00 3880 566 2810 1.4 0.12

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRC063 87.00 88.00 2870 900 8640 2.8 0.05
WLRC063 88.00 89.00 6980 518 1850 1.0 0.09
WLRC063 89.00 90.00 7150 880 230 2.0 0.13
WLRC063 90.00 91.00 4240 1225 316 1.3 0.04
WLRC063 91.00 92.00 4270 510 129 0.5 0.04
WLRC063 92.00 93.00 10700 3770 50 2.8 0.07
WLRC063 93.00 94.00 4530 751 42 0.7 0.02
WLRC063 94.00 95.00 24200 4160 518 2.6 0.08
WLRC063 95.00 96.00 7480 476 141 0.7 0.06
WLRC063 96.00 97.00 3910 1335 61 1.1 0.02
WLRC063 97.00 98.00 14350 7170 64 2.1 0.01
WLRC063 98.00 99.00 4440 1220 29 0.6 0.01
WLRC063 99.00 100.00 4310 1280 30 0.6 -0.01
WLRC063 100.00 101.00 8350 1810 28 1.3 0.01
WLRC063 101.00 102.00 4000 1420 13 1.1 0.01
WLRC063 102.00 103.00 2550 984 7 0.8 -0.01
WLRC063 103.00 104.00 3680 1220 4 1.2 -0.01
WLRC063 104.00 105.00 7710 4500 3 3.6 -0.01
WLRC063 105.00 106.00 4700 1625 12 0.8 -0.01
WLRC063 106.00 112.00 -0.01
WLRC063 112.00 118.00 -0.01
WLRC063 118.00 124.00 -0.01
WLRC063 124.00 125.00 635 200 9 0.1 -0.01
WLRC063 125.00 126.00 6250 4520 45 1.5 -0.01
WLRC063 126.00 127.00 9730 4740 42 1.5 -0.01
WLRC063 127.00 128.00 1010 366 4 0.2 -0.01
WLRC063 128.00 134.00 -0.01
WLRC063 134.00 140.00 -0.01
WLRC063 140.00 146.00 -0.01
WLRC063 146.00 152.00 -0.01
WLRC063 152.00 158.00 -0.01
WLRC063 158.00 164.00 -0.01
WLRC063 164.00 170.00 -0.01
WLRC063 170.00 176.00 -0.01
WLRC063 176.00 182.00 -0.01
WLRC063 182.00 188.00 -0.01
WLRC063 188.00 192.00 -0.01
WLRCDD025 261.00 262.00 108 15 4220 1.8 -0.01
WLRCDD025 262.00 263.00 113 18 5360 2.3 -0.01
WLRCDD025 263.00 264.00 127 48 6500 2.9 -0.01
WLRCDD025 264.00 265.00 85 15 2600 1.1 -0.01
WLRCDD025 265.00 266.00 143 8 7400 2.8 -0.01
WLRCDD025 266.00 267.00 141 12 11200 4.2 -0.01
WLRCDD025 267.00 268.00 87 15 1330 0.6 -0.01
WLRCDD025 268.00 269.00 103 11 2950 1.2 -0.01
WLRCDD025 269.00 270.00 104 99 4460 2.6 -0.01
WLRCDD025 270.00 271.00 68 10 1530 0.6 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRCDD025 271.00 272.00 108 35 5570 2.5 -0.01
WLRCDD025 272.00 273.00 76 9 305 0.2 -0.01
WLRCDD025 273.00 274.00 56 56 145 0.3 -0.01
WLRCDD025 274.00 275.00 80 13 1310 0.6 -0.01
WLRCDD025 275.00 276.00 99 7 2760 1.1 -0.01
WLRCDD025 288.00 289.00 1340 486 3480 3.5 -0.01
WLRCDD025 289.00 290.00 417 330 14000 6.8 0.03
WLRCDD025 290.00 291.00 330 118 13500 4.9 0.01
WLRCDD025 291.00 292.00 225 151 12800 4.5 0.02
WLRCDD025 292.00 293.00 975 176 13550 5.8 0.20
WLRCDD025 293.00 294.00 107 8 745 0.3 0.02
WLRCDD025 294.00 295.00 58 3 1220 0.4 0.01
WLRCDD025 295.00 296.00 79 8 1590 0.6 -0.01
WLRCDD025 296.00 297.00 67 9 276 0.2 -0.01
WLRCDD025 297.00 298.00 40 6 566 0.2 -0.01
WLRCDD025 298.00 299.00 39 3 362 0.2 -0.01
WLRCDD025 299.00 300.00 57 5 840 0.3 -0.01
WLRCDD025 300.00 301.00 48 5 530 0.2 -0.01
WLRCDD025 301.00 302.00 149 11 9000 3.5 0.01
WLRCDD025 302.00 303.00 317 41 16400 6.7 0.01
WLRCDD025 303.00 304.00 124 24 3650 1.4 -0.01
WLRCDD025 351.50 352.00 240 108 5150 1.7 0.01
WLRCDD025 352.00 353.00 89 13 2480 0.9 -0.01
WLRCDD025 353.00 354.00 93 12 2740 1.0 -0.01
WLRCDD025 354.00 355.00 58 8 1020 0.5 -0.01
WLRCDD025 390.50 391.00 100 12 902 0.3 -0.01
WLRCDD025 391.00 392.00 424 89 10550 3.2 -0.01
WLRCDD025 392.00 393.00 286 38 8090 2.3 -0.01
WLRCDD025 393.00 394.00 178 12 1080 0.3 -0.01
WLRCDD025 394.00 395.00 1290 146 30200 8.7 0.01
WLRCDD025 395.00 396.00 110 14 818 0.2 -0.01
WLRCDD025 396.00 397.00 109 12 1330 0.3 -0.01
WLRCDD025 397.00 398.00 166 15 2380 0.5 -0.01
WLRCDD025 398.00 399.00 371 145 15850 4.3 0.01
WLRCDD025 399.00 399.50 139 6 2310 0.5 -0.01
WLRCDD025 424.00 425.00 98 6 1150 0.3 -0.01
WLRCDD025 425.00 426.00 65 2 244 0.0 -0.01
WLRCDD025 426.00 427.00 114 3 3690 0.7 -0.01
WLRCDD025 427.00 428.00 56 2 336 0.1 -0.01
WLRCDD025 428.00 429.20 168 12 17100 3.1 0.16
WLRCDD025 429.20 430.40 4180 3240 175500 47.1 0.08
WLRCDD025 430.40 431.00 824 159 36300 7.6 -0.01
WLRCDD025 431.00 432.00 91 3 130 0.0 -0.01
WLRCDD025 432.00 433.00 213 41 2540 0.7 -0.01
WLRCDD025 433.00 434.00 524 958 2620 3.0 0.01
WLRCDD025 434.00 435.00 606 79 5260 1.3 -0.01
WLRCDD025 435.00 436.00 7360 342 21600 5.1 0.02

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
WLRCDD025 436.00 437.00 108 94 205 0.2 -0.01
WLRCDD025 471.50 472.00 232 27 8480 2.7 0.04
WLRCDD025 472.00 473.00 206 16 11900 3.4 0.02
WLRCDD025 473.00 474.00 130 15 988 0.4 0.01
WLRCDD025 474.00 475.00 78 14 118 0.1 -0.01
WLRCDD025 475.00 476.00 561 253 252 1.0 -0.01
WLRCDD025 476.00 477.00 473 122 179 0.4 -0.01
WLRCDD025 477.00 478.00 1050 174 24400 5.5 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Mayday Tails RAB Lab Assay Results received during the quarter

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB001 0.00 4.00 0.01
PMDTRAB001 4.00 8.00 0.01
PMDTRAB001 8.00 12.00 0.01
PMDTRAB001 12.00 16.00 0.01
PMDTRAB001 16.00 20.00 0.01
PMDTRAB001 20.00 24.00 0.01
PMDTRAB001 24.00 27.00 0.01
PMDTRAB002 0.00 4.00 0.01
PMDTRAB002 4.00 8.00 0.01
PMDTRAB002 8.00 12.00 -0.01
PMDTRAB002 12.00 15.00 -0.01
PMDTRAB003 0.00 4.00 0.01
PMDTRAB003 4.00 8.00 -0.01
PMDTRAB003 8.00 12.00 -0.01
PMDTRAB003 12.00 16.00 0.01
PMDTRAB003 16.00 19.00 0.01
PMDTRAB004 0.00 4.00 0.02
PMDTRAB004 4.00 8.00 0.01
PMDTRAB004 8.00 12.00 -0.01
PMDTRAB004 12.00 16.00 0.01
PMDTRAB004 16.00 20.00 0.01
PMDTRAB004 20.00 24.00 0.01
PMDTRAB004 24.00 28.00 -0.01
PMDTRAB004 28.00 32.00 0.01
PMDTRAB004 32.00 36.00 0.01
PMDTRAB004 36.00 40.00 0.01
PMDTRAB004 40.00 44.00 0.01
PMDTRAB004 44.00 48.00 0.01
PMDTRAB004 48.00 52.00 0.02
PMDTRAB004 52.00 56.00 0.01
PMDTRAB004 56.00 60.00 0.02
PMDTRAB004 60.00 64.00 0.04
PMDTRAB005 0.00 4.00 0.01
PMDTRAB005 4.00 8.00 -0.01
PMDTRAB005 8.00 12.00 0.01
PMDTRAB005 12.00 16.00 -0.01
PMDTRAB005 16.00 20.00 0.01
PMDTRAB005 20.00 24.00 0.02
PMDTRAB005 24.00 28.00 0.01
PMDTRAB005 28.00 32.00 0.02
PMDTRAB005 32.00 36.00 0.01
PMDTRAB005 36.00 40.00 0.02
PMDTRAB005 40.00 44.00 0.02
PMDTRAB005 44.00 48.00 0.01
PMDTRAB005 48.00 52.00 0.01
PMDTRAB005 52.00 56.00 -0.01
PMDTRAB005 56.00 60.00 0.01
Peel Mining Limited ACN 119 343 734
Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected]
www.peelmining.com.auASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB005 60.00 64.00 -0.01
PMDTRAB005 64.00 68.00 0.01
PMDTRAB005 68.00 73.00 0.01
PMDTRAB006 0.00 4.00 -0.01
PMDTRAB006 4.00 8.00 0.01
PMDTRAB006 8.00 12.00 0.05
PMDTRAB006 12.00 16.00 0.02
PMDTRAB006 16.00 20.00 0.02
PMDTRAB006 20.00 24.00 -0.01
PMDTRAB006 24.00 27.00 -0.01
PMDTRAB007 0.00 4.00 -0.01
PMDTRAB007 4.00 8.00 -0.01
PMDTRAB007 8.00 12.00 0.02
PMDTRAB007 12.00 16.00 0.01
PMDTRAB007 16.00 20.00 -0.01
PMDTRAB007 20.00 24.00 -0.01
PMDTRAB007 24.00 28.00 -0.01
PMDTRAB007 28.00 32.00 0.01
PMDTRAB007 32.00 36.00 -0.01
PMDTRAB007 36.00 40.00 0.01
PMDTRAB007 40.00 44.00 0.01
PMDTRAB007 44.00 48.00 0.01
PMDTRAB007 48.00 52.00 -0.01
PMDTRAB007 52.00 56.00 0.01
PMDTRAB007 56.00 60.00 0.01
PMDTRAB007 60.00 63.00 0.01
PMDTRAB008 0.00 4.00 0.01
PMDTRAB008 4.00 8.00 0.01
PMDTRAB008 8.00 12.00 0.01
PMDTRAB008 12.00 16.00 0.01
PMDTRAB008 16.00 20.00 0.01
PMDTRAB008 20.00 24.00 0.01
PMDTRAB008 24.00 28.00 0.01
PMDTRAB008 28.00 32.00 0.01
PMDTRAB008 32.00 36.00 0.01
PMDTRAB008 36.00 40.00 -0.01
PMDTRAB008 40.00 44.00 0.01
PMDTRAB008 44.00 48.00 0.01
PMDTRAB008 48.00 52.00 0.01
PMDTRAB008 52.00 56.00 0.01
PMDTRAB008 56.00 60.00 0.01
PMDTRAB009 0.00 4.00 -0.01
PMDTRAB009 4.00 8.00 0.01
PMDTRAB009 8.00 12.00 0.01
PMDTRAB009 12.00 16.00 0.01
PMDTRAB009 16.00 20.00 0.01
PMDTRAB009 20.00 24.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB009 24.00 28.00 -0.01
PMDTRAB009 28.00 32.00 -0.01
PMDTRAB009 32.00 36.00 -0.01
PMDTRAB009 36.00 39.00 -0.01
PMDTRAB010 0.00 4.00 -0.01
PMDTRAB010 4.00 8.00 -0.01
PMDTRAB010 8.00 12.00 0.01
PMDTRAB010 12.00 16.00 -0.01
PMDTRAB010 16.00 20.00 0.01
PMDTRAB010 20.00 22.00 0.01
PMDTRAB011 0.00 4.00 0.01
PMDTRAB011 4.00 8.00 -0.01
PMDTRAB011 8.00 12.00 -0.01
PMDTRAB011 12.00 16.00 -0.01
PMDTRAB012 0.00 4.00 -0.01
PMDTRAB012 4.00 8.00 -0.01
PMDTRAB012 8.00 12.00 -0.01
PMDTRAB012 12.00 16.00 0.01
PMDTRAB012 16.00 18.00 -0.01
PMDTRAB013 0.00 4.00 -0.01
PMDTRAB013 4.00 8.00 -0.01
PMDTRAB013 8.00 12.00 0.01
PMDTRAB013 12.00 16.00 0.01
PMDTRAB013 16.00 20.00 0.01
PMDTRAB013 20.00 24.00 -0.01
PMDTRAB013 24.00 27.00 -0.01
PMDTRAB014 0.00 4.00 -0.01
PMDTRAB014 4.00 8.00 0.01
PMDTRAB014 8.00 12.00 -0.01
PMDTRAB014 12.00 16.00 -0.01
PMDTRAB014 16.00 20.00 -0.01
PMDTRAB014 20.00 24.00 -0.01
PMDTRAB014 24.00 27.00 -0.01
PMDTRAB015 0.00 4.00 -0.01
PMDTRAB015 4.00 8.00 -0.01
PMDTRAB015 8.00 12.00 -0.01
PMDTRAB015 12.00 16.00 0.02
PMDTRAB015 16.00 20.00 -0.01
PMDTRAB015 20.00 23.00 0.01
PMDTRAB016 0.00 4.00 -0.01
PMDTRAB016 4.00 8.00 -0.01
PMDTRAB016 8.00 12.00 -0.01
PMDTRAB016 12.00 16.00 -0.01
PMDTRAB016 16.00 20.00 -0.01
PMDTRAB016 20.00 24.00 0.01
PMDTRAB016 24.00 28.00 0.01
PMDTRAB016 28.00 32.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB016 32.00 36.00 0.01
PMDTRAB016 36.00 40.00 -0.01
PMDTRAB016 40.00 44.00 0.01
PMDTRAB016 44.00 48.00 0.01
PMDTRAB016 48.00 52.00 0.01
PMDTRAB016 52.00 56.00 0.01
PMDTRAB016 56.00 58.00 0.01
PMDTRAB017 0.00 4.00 -0.01
PMDTRAB017 4.00 8.00 -0.01
PMDTRAB017 8.00 12.00 0.01
PMDTRAB017 12.00 16.00 -0.01
PMDTRAB017 16.00 20.00 -0.01
PMDTRAB017 20.00 24.00 0.01
PMDTRAB017 24.00 28.00 0.01
PMDTRAB017 28.00 32.00 0.01
PMDTRAB017 32.00 36.00 0.01
PMDTRAB017 36.00 40.00 0.01
PMDTRAB017 40.00 44.00 0.01
PMDTRAB018 0.00 4.00 0.01
PMDTRAB018 4.00 8.00 0.01
PMDTRAB018 8.00 12.00 0.01
PMDTRAB018 12.00 16.00 0.04
PMDTRAB018 16.00 20.00 0.03
PMDTRAB018 20.00 24.00 -0.01
PMDTRAB018 24.00 28.00 -0.01
PMDTRAB018 28.00 32.00 0.01
PMDTRAB018 32.00 36.00 0.01
PMDTRAB018 36.00 40.00 0.01
PMDTRAB018 40.00 44.00 0.01
PMDTRAB018 44.00 48.00 0.01
PMDTRAB018 48.00 52.00 0.01
PMDTRAB018 52.00 56.00 0.01
PMDTRAB019 0.00 4.00 0.01
PMDTRAB019 4.00 8.00 0.01
PMDTRAB019 8.00 12.00 -0.01
PMDTRAB019 12.00 16.00 -0.01
PMDTRAB019 16.00 20.00 0.02
PMDTRAB019 20.00 24.00 0.01
PMDTRAB019 24.00 28.00 0.01
PMDTRAB019 28.00 32.00 0.01
PMDTRAB019 32.00 36.00 0.01
PMDTRAB019 36.00 40.00 0.01
PMDTRAB019 40.00 44.00 0.01
PMDTRAB019 44.00 47.00 0.01
PMDTRAB020 0.00 4.00 0.01
PMDTRAB020 4.00 8.00 0.01
PMDTRAB020 8.00 12.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB020 12.00 16.00 0.01
PMDTRAB020 16.00 20.00 0.01
PMDTRAB020 20.00 24.00 0.01
PMDTRAB020 24.00 28.00 0.01
PMDTRAB020 28.00 32.00 0.01
PMDTRAB020 32.00 36.00 0.02
PMDTRAB020 36.00 40.00 0.02
PMDTRAB021 0.00 4.00 0.01
PMDTRAB021 4.00 8.00 0.01
PMDTRAB021 8.00 12.00 0.01
PMDTRAB021 12.00 16.00 0.01
PMDTRAB021 16.00 20.00 0.01
PMDTRAB021 20.00 24.00 0.02
PMDTRAB021 24.00 28.00 0.01
PMDTRAB021 28.00 32.00 0.01
PMDTRAB021 32.00 34.00 0.01
PMDTRAB022 0.00 4.00 0.01
PMDTRAB022 4.00 8.00 0.01
PMDTRAB022 8.00 12.00 0.01
PMDTRAB022 12.00 16.00 0.01
PMDTRAB022 16.00 20.00 0.01
PMDTRAB022 20.00 24.00 0.01
PMDTRAB022 24.00 28.00 0.01
PMDTRAB022 28.00 31.00 0.01
PMDTRAB023 0.00 4.00 0.01
PMDTRAB023 4.00 8.00 0.01
PMDTRAB023 8.00 12.00 0.01
PMDTRAB023 12.00 16.00 -0.01
PMDTRAB023 16.00 18.00 0.01
PMDTRAB024 0.00 4.00 0.01
PMDTRAB024 4.00 8.00 0.01
PMDTRAB024 8.00 12.00 0.01
PMDTRAB024 12.00 16.00 0.01
PMDTRAB024 16.00 20.00 0.02
PMDTRAB025 0.00 4.00 0.01
PMDTRAB025 4.00 8.00 0.01
PMDTRAB025 8.00 12.00 -0.01
PMDTRAB025 12.00 16.00 0.02
PMDTRAB025 16.00 20.00 0.01
PMDTRAB025 20.00 23.00 -0.01
PMDTRAB026 0.00 4.00 0.01
PMDTRAB026 4.00 8.00 0.01
PMDTRAB026 8.00 12.00 0.01
PMDTRAB026 12.00 15.00 -0.01
PMDTRAB027 0.00 4.00 0.01
PMDTRAB027 4.00 8.00 0.01
PMDTRAB027 8.00 12.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB027 12.00 16.00 0.01
PMDTRAB027 16.00 20.00 0.01
PMDTRAB027 20.00 24.00 0.01
PMDTRAB027 24.00 28.00 0.01
PMDTRAB027 28.00 32.00 0.01
PMDTRAB027 32.00 36.00 0.01
PMDTRAB027 36.00 38.00 0.02
PMDTRAB028 0.00 4.00 0.02
PMDTRAB028 4.00 8.00 0.01
PMDTRAB028 8.00 12.00 0.01
PMDTRAB028 12.00 16.00 0.01
PMDTRAB028 16.00 20.00 0.01
PMDTRAB028 20.00 24.00 0.01
PMDTRAB028 24.00 28.00 0.02
PMDTRAB029 0.00 4.00 0.01
PMDTRAB029 4.00 8.00 0.01
PMDTRAB029 8.00 12.00 -0.01
PMDTRAB029 12.00 16.00 -0.01
PMDTRAB029 16.00 18.00 -0.01
PMDTRAB030 0.00 4.00 -0.01
PMDTRAB030 4.00 8.00 -0.01
PMDTRAB030 8.00 12.00 -0.01
PMDTRAB030 12.00 16.00 -0.01
PMDTRAB030 16.00 18.00 0.02
PMDTRAB031 0.00 4.00 0.01
PMDTRAB031 4.00 8.00 -0.01
PMDTRAB031 8.00 12.00 -0.01
PMDTRAB031 12.00 16.00 -0.01
PMDTRAB031 16.00 20.00 0.01
PMDTRAB031 20.00 24.00 -0.01
PMDTRAB031 24.00 28.00 0.01
PMDTRAB031 28.00 32.00 -0.01
PMDTRAB031 32.00 36.00 -0.01
PMDTRAB031 36.00 40.00 -0.01
PMDTRAB031 40.00 44.00 -0.01
PMDTRAB031 44.00 48.00 -0.01
PMDTRAB031 48.00 52.00 -0.01
PMDTRAB031 52.00 56.00 -0.01
PMDTRAB031 56.00 60.00 0.01
PMDTRAB031 60.00 64.00 -0.01
PMDTRAB031 64.00 68.00 -0.01
PMDTRAB031 68.00 72.00 0.12
PMDTRAB031 72.00 75.00 0.09
PMDTRAB032 0.00 4.00 -0.01
PMDTRAB032 4.00 8.00 -0.01
PMDTRAB032 8.00 12.00 -0.01
PMDTRAB032 12.00 16.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB032 16.00 20.00 -0.01
PMDTRAB032 20.00 24.00 -0.01
PMDTRAB032 24.00 27.00 -0.01
PMDTRAB033 0.00 4.00 -0.01
PMDTRAB033 4.00 8.00 -0.01
PMDTRAB033 8.00 12.00 -0.01
PMDTRAB033 12.00 16.00 -0.01
PMDTRAB033 16.00 20.00 -0.01
PMDTRAB033 20.00 24.00 0.01
PMDTRAB033 24.00 28.00 -0.01
PMDTRAB033 28.00 32.00 0.01
PMDTRAB033 32.00 36.00 -0.01
PMDTRAB033 36.00 40.00 -0.01
PMDTRAB034 0.00 4.00 -0.01
PMDTRAB034 4.00 8.00 -0.01
PMDTRAB034 8.00 12.00 -0.01
PMDTRAB034 12.00 16.00 -0.01
PMDTRAB034 16.00 20.00 -0.01
PMDTRAB034 20.00 24.00 0.05
PMDTRAB034 24.00 28.00 -0.01
PMDTRAB034 28.00 32.00 -0.01
PMDTRAB034 32.00 37.00 -0.01
PMDTRAB035 0.00 4.00 0.01
PMDTRAB035 4.00 8.00 -0.01
PMDTRAB035 8.00 12.00 -0.01
PMDTRAB035 12.00 16.00 0.01
PMDTRAB035 16.00 18.00 0.01
PMDTRAB036 0.00 4.00 0.01
PMDTRAB036 4.00 9.00 -0.01
PMDTRAB037 0.00 4.00 -0.01
PMDTRAB037 4.00 8.00 -0.01
PMDTRAB037 8.00 12.00 -0.01
PMDTRAB037 12.00 17.00 -0.01
PMDTRAB038 0.00 4.00 -0.01
PMDTRAB038 4.00 8.00 -0.01
PMDTRAB038 8.00 12.00 0.02
PMDTRAB038 12.00 17.00 0.02
PMDTRAB039 0.00 4.00 0.01
PMDTRAB039 4.00 8.00 0.01
PMDTRAB039 8.00 12.00 -0.01
PMDTRAB039 12.00 16.00 -0.01
PMDTRAB039 16.00 20.00 0.01
PMDTRAB039 20.00 24.00 -0.01
PMDTRAB039 24.00 27.00 0.18
PMDTRAB040 0.00 4.00 -0.01
PMDTRAB040 4.00 8.00 -0.01
PMDTRAB040 8.00 12.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB040 12.00 16.00 -0.01
PMDTRAB040 16.00 20.00 -0.01
PMDTRAB040 20.00 24.00 0.06
PMDTRAB040 24.00 28.00 -0.01
PMDTRAB040 28.00 32.00 -0.01
PMDTRAB040 32.00 35.00 -0.01
PMDTRAB041 0.00 4.00 -0.01
PMDTRAB041 4.00 8.00 -0.01
PMDTRAB041 8.00 12.00 -0.01
PMDTRAB041 12.00 16.00 -0.01
PMDTRAB041 16.00 20.00 -0.01
PMDTRAB041 20.00 24.00 -0.01
PMDTRAB041 24.00 29.00 0.02
PMDTRAB042 0.00 4.00 -0.01
PMDTRAB042 4.00 8.00 -0.01
PMDTRAB042 8.00 12.00 0.01
PMDTRAB042 12.00 16.00 0.01
PMDTRAB042 16.00 20.00 -0.01
PMDTRAB042 20.00 24.00 0.01
PMDTRAB042 24.00 28.00 -0.01
PMDTRAB042 28.00 32.00 -0.01
PMDTRAB042 32.00 36.00 -0.01
PMDTRAB042 36.00 41.00 -0.01
PMDTRAB043 0.00 4.00 -0.01
PMDTRAB043 4.00 8.00 -0.01
PMDTRAB043 8.00 12.00 0.01
PMDTRAB043 12.00 16.00 0.01
PMDTRAB043 16.00 20.00 0.01
PMDTRAB043 20.00 24.00 0.01
PMDTRAB043 24.00 28.00 -0.01
PMDTRAB043 28.00 32.00 0.01
PMDTRAB043 32.00 36.00 -0.01
PMDTRAB043 36.00 40.00 0.01
PMDTRAB043 40.00 44.00 -0.01
PMDTRAB043 44.00 48.00 0.16
PMDTRAB043 48.00 52.00 -0.01
PMDTRAB043 52.00 57.00 -0.01
PMDTRAB044 0.00 4.00 -0.01
PMDTRAB044 4.00 8.00 -0.01
PMDTRAB044 8.00 12.00 -0.01
PMDTRAB044 12.00 16.00 -0.01
PMDTRAB044 16.00 20.00 -0.01
PMDTRAB044 20.00 24.00 -0.01
PMDTRAB044 24.00 28.00 0.02
PMDTRAB044 28.00 32.00 -0.01
PMDTRAB044 32.00 37.00 -0.01
PMDTRAB045 0.00 4.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB045 4.00 8.00 -0.01
PMDTRAB045 8.00 12.00 0.01
PMDTRAB045 12.00 16.00 0.01
PMDTRAB045 16.00 20.00 0.01
PMDTRAB045 20.00 24.00 0.01
PMDTRAB045 24.00 28.00 0.01
PMDTRAB045 28.00 31.00 -0.01
PMDTRAB046 0.00 4.00 -0.01
PMDTRAB046 4.00 8.00 -0.01
PMDTRAB046 8.00 12.00 -0.01
PMDTRAB046 12.00 16.00 -0.01
PMDTRAB046 16.00 20.00 -0.01
PMDTRAB046 20.00 24.00 -0.01
PMDTRAB046 24.00 28.00 -0.01
PMDTRAB046 28.00 32.00 -0.01
PMDTRAB046 32.00 36.00 -0.01
PMDTRAB046 36.00 40.00 -0.01
PMDTRAB046 40.00 44.00 -0.01
PMDTRAB046 44.00 47.00 -0.01
PMDTRAB047 0.00 4.00 -0.01
PMDTRAB047 4.00 8.00 -0.01
PMDTRAB047 8.00 12.00 -0.01
PMDTRAB047 12.00 16.00 -0.01
PMDTRAB047 16.00 20.00 -0.01
PMDTRAB047 20.00 24.00 -0.01
PMDTRAB047 24.00 28.00 -0.01
PMDTRAB047 28.00 32.00 0.01
PMDTRAB047 32.00 36.00 -0.01
PMDTRAB048 0.00 4.00 -0.01
PMDTRAB048 4.00 8.00 -0.01
PMDTRAB048 8.00 12.00 -0.01
PMDTRAB048 12.00 16.00 0.01
PMDTRAB048 16.00 20.00 -0.01
PMDTRAB048 20.00 24.00 0.01
PMDTRAB048 24.00 28.00 -0.01
PMDTRAB048 28.00 32.00 -0.01
PMDTRAB048 32.00 34.00 -0.01
PMDTRAB049 0.00 4.00 -0.01
PMDTRAB049 4.00 8.00 -0.01
PMDTRAB049 8.00 12.00 -0.01
PMDTRAB050 0.00 4.00 -0.01
PMDTRAB050 4.00 8.00 -0.01
PMDTRAB050 8.00 12.00 0.01
PMDTRAB050 12.00 16.00 -0.01
PMDTRAB050 16.00 20.00 0.01
PMDTRAB050 20.00 24.00 -0.01
PMDTRAB050 24.00 28.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB050 28.00 32.00 -0.01
PMDTRAB050 32.00 36.00 0.01
PMDTRAB050 36.00 40.00 0.01
PMDTRAB050 40.00 44.00 0.01
PMDTRAB050 44.00 48.00 0.01
PMDTRAB050 48.00 52.00 -0.01
PMDTRAB050 52.00 57.00 -0.01
PMDTRAB051 0.00 4.00 -0.01
PMDTRAB051 4.00 8.00 -0.01
PMDTRAB051 8.00 12.00 -0.01
PMDTRAB051 12.00 16.00 -0.01
PMDTRAB051 16.00 20.00 -0.01
PMDTRAB051 20.00 24.00 -0.01
PMDTRAB051 24.00 28.00 0.02
PMDTRAB051 28.00 32.00 0.01
PMDTRAB051 32.00 36.00 -0.01
PMDTRAB051 36.00 40.00 -0.01
PMDTRAB051 40.00 44.00 -0.01
PMDTRAB051 44.00 48.00 -0.01
PMDTRAB051 48.00 52.00 -0.01
PMDTRAB051 52.00 56.00 0.01
PMDTRAB051 56.00 60.00 0.01
PMDTRAB051 60.00 64.00 -0.01
PMDTRAB051 64.00 69.00 -0.01
PMDTRAB052 0.00 4.00 -0.01
PMDTRAB052 4.00 8.00 -0.01
PMDTRAB052 8.00 12.00 -0.01
PMDTRAB052 12.00 16.00 0.01
PMDTRAB052 16.00 20.00 -0.01
PMDTRAB052 20.00 24.00 -0.01
PMDTRAB052 24.00 28.00 -0.01
PMDTRAB052 28.00 32.00 -0.01
PMDTRAB052 32.00 36.00 -0.01
PMDTRAB052 36.00 39.00 -0.01
PMDTRAB053 0.00 4.00 -0.01
PMDTRAB053 4.00 8.00 0.01
PMDTRAB053 8.00 12.00 -0.01
PMDTRAB053 12.00 16.00 0.01
PMDTRAB053 16.00 20.00 0.01
PMDTRAB053 20.00 24.00 0.01
PMDTRAB053 24.00 28.00 0.01
PMDTRAB053 28.00 32.00 -0.01
PMDTRAB053 32.00 36.00 -0.01
PMDTRAB053 36.00 40.00 -0.01
PMDTRAB053 40.00 44.00 -0.01
PMDTRAB053 44.00 48.00 -0.01
PMDTRAB053 48.00 52.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB053 52.00 56.00 -0.01
PMDTRAB053 56.00 60.00 -0.01
PMDTRAB053 60.00 64.00 -0.01
PMDTRAB054 0.00 4.00 -0.01
PMDTRAB054 4.00 8.00 -0.01
PMDTRAB054 8.00 12.00 -0.01
PMDTRAB054 12.00 16.00 -0.01
PMDTRAB054 16.00 20.00 -0.01
PMDTRAB054 20.00 24.00 -0.01
PMDTRAB054 24.00 28.00 0.01
PMDTRAB054 28.00 32.00 -0.01
PMDTRAB054 32.00 36.00 -0.01
PMDTRAB054 36.00 40.00 0.01
PMDTRAB054 40.00 44.00 0.01
PMDTRAB054 44.00 48.00 0.01
PMDTRAB054 48.00 52.00 0.01
PMDTRAB054 52.00 56.00 -0.01
PMDTRAB054 56.00 60.00 -0.01
PMDTRAB054 60.00 64.00 -0.01
PMDTRAB054 64.00 67.00 0.01
PMDTRAB055 0.00 4.00 -0.01
PMDTRAB055 4.00 8.00 0.02
PMDTRAB055 8.00 12.00 0.01
PMDTRAB055 12.00 16.00 0.03
PMDTRAB055 16.00 20.00 0.01
PMDTRAB055 20.00 24.00 0.01
PMDTRAB055 24.00 28.00 0.01
PMDTRAB055 28.00 32.00 0.01
PMDTRAB055 32.00 36.00 0.01
PMDTRAB055 36.00 40.00 0.01
PMDTRAB055 40.00 44.00 0.01
PMDTRAB055 44.00 48.00 0.01
PMDTRAB055 48.00 51.00 -0.01
PMDTRAB056 0.00 4.00 0.02
PMDTRAB056 4.00 7.00 0.01
PMDTRAB057 0.00 4.00 0.01
PMDTRAB057 4.00 8.00 0.01
PMDTRAB057 8.00 12.00 0.01
PMDTRAB057 12.00 16.00 0.01
PMDTRAB057 16.00 20.00 0.01
PMDTRAB057 20.00 24.00 0.01
PMDTRAB057 24.00 28.00 0.01
PMDTRAB057 28.00 31.00 0.01
PMDTRAB058 0.00 4.00 0.01
PMDTRAB058 4.00 8.00 0.01
PMDTRAB058 8.00 12.00 0.02
PMDTRAB058 12.00 16.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB058 16.00 21.00 0.01
PMDTRAB059 0.00 4.00 0.01
PMDTRAB059 4.00 8.00 0.01
PMDTRAB059 8.00 10.00 0.02
PMDTRAB060 0.00 4.00 0.01
PMDTRAB060 4.00 8.00 0.01
PMDTRAB060 8.00 12.00 0.01
PMDTRAB060 12.00 16.00 0.01
PMDTRAB060 16.00 20.00 0.01
PMDTRAB060 20.00 23.00 0.01
PMDTRAB061 0.00 4.00 -0.01
PMDTRAB061 4.00 8.00 0.01
PMDTRAB061 8.00 12.00 0.06
PMDTRAB061 12.00 16.00 0.01
PMDTRAB061 16.00 20.00 0.02
PMDTRAB061 20.00 24.00 0.04
PMDTRAB061 24.00 28.00 0.03
PMDTRAB061 28.00 32.00 0.01
PMDTRAB061 32.00 36.00 0.01
PMDTRAB061 36.00 40.00 0.01
PMDTRAB061 40.00 44.00 -0.01
PMDTRAB061 44.00 48.00 -0.01
PMDTRAB061 48.00 52.00 0.02
PMDTRAB061 52.00 55.00 0.01
PMDTRAB062 0.00 3.00 0.01
PMDTRAB063 0.00 4.00 -0.01
PMDTRAB064 0.00 4.00 -0.01
PMDTRAB064 4.00 8.00 -0.01
PMDTRAB065 0.00 4.00 0.01
PMDTRAB065 4.00 8.00 0.01
PMDTRAB065 8.00 12.00 0.01
PMDTRAB065 12.00 16.00 0.02
PMDTRAB065 16.00 20.00 0.02
PMDTRAB065 20.00 24.00 0.03
PMDTRAB065 24.00 28.00 0.04
PMDTRAB065 28.00 32.00 0.01
PMDTRAB065 32.00 36.00 0.01
PMDTRAB065 36.00 39.00 0.02
PMDTRAB066 0.00 4.00 0.02
PMDTRAB066 4.00 8.00 0.04
PMDTRAB066 8.00 12.00 0.01
PMDTRAB066 12.00 16.00 0.01
PMDTRAB066 16.00 20.00 0.01
PMDTRAB066 20.00 24.00 0.02
PMDTRAB066 24.00 28.00 0.01
PMDTRAB066 28.00 32.00 0.01
PMDTRAB066 32.00 36.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB066 36.00 40.00 0.01
PMDTRAB066 40.00 44.00 0.01
PMDTRAB066 44.00 46.00 0.01
PMDTRAB067 0.00 4.00 0.01
PMDTRAB067 4.00 6.00 0.01
PMDTRAB068 0.00 4.00 0.01
PMDTRAB068 4.00 8.00 0.01
PMDTRAB068 8.00 12.00 0.01
PMDTRAB068 12.00 16.00 0.01
PMDTRAB068 16.00 21.00 0.01
PMDTRAB069 0.00 4.00 0.01
PMDTRAB069 4.00 8.00 0.01
PMDTRAB069 8.00 10.00 0.01
PMDTRAB070 0.00 4.00 -0.01
PMDTRAB070 4.00 8.00 -0.01
PMDTRAB070 8.00 12.00 0.01
PMDTRAB070 12.00 16.00 -0.01
PMDTRAB070 16.00 20.00 -0.01
PMDTRAB070 20.00 24.00 0.01
PMDTRAB070 24.00 28.00 0.01
PMDTRAB070 28.00 32.00 0.01
PMDTRAB070 32.00 36.00 0.01
PMDTRAB070 36.00 40.00 0.01
PMDTRAB070 40.00 44.00 0.01
PMDTRAB070 44.00 45.00 0.01
PMDTRAB071 0.00 4.00 0.01
PMDTRAB071 4.00 8.00 0.01
PMDTRAB071 8.00 12.00 0.01
PMDTRAB071 12.00 16.00 0.01
PMDTRAB071 16.00 20.00 0.01
PMDTRAB071 20.00 24.00 0.01
PMDTRAB071 24.00 28.00 0.01
PMDTRAB071 28.00 32.00 0.01
PMDTRAB071 32.00 36.00 0.01
PMDTRAB071 36.00 40.00 0.01
PMDTRAB071 40.00 43.00 0.01
PMDTRAB072 0.00 4.00 0.01
PMDTRAB072 4.00 8.00 0.01
PMDTRAB072 8.00 12.00 0.01
PMDTRAB072 12.00 16.00 0.01
PMDTRAB072 16.00 20.00 0.01
PMDTRAB072 20.00 24.00 0.01
PMDTRAB072 24.00 28.00 -0.01
PMDTRAB072 28.00 32.00 -0.01
PMDTRAB072 32.00 36.00 0.01
PMDTRAB072 36.00 40.00 0.01
PMDTRAB072 40.00 44.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB072 44.00 48.00 0.01
PMDTRAB072 48.00 52.00 0.01
PMDTRAB072 52.00 56.00 0.01
PMDTRAB072 56.00 58.00 0.02
PMDTRAB073 0.00 4.00 0.01
PMDTRAB073 4.00 8.00 0.01
PMDTRAB073 8.00 12.00 0.01
PMDTRAB073 12.00 16.00 0.02
PMDTRAB073 16.00 20.00 0.01
PMDTRAB073 20.00 24.00 0.01
PMDTRAB073 24.00 28.00 0.01
PMDTRAB073 28.00 30.00 0.01
PMDTRAB074 0.00 4.00 0.01
PMDTRAB074 4.00 8.00 0.01
PMDTRAB074 8.00 12.00 0.02
PMDTRAB074 12.00 16.00 -0.01
PMDTRAB074 16.00 18.00 -0.01
PMDTRAB075 0.00 4.00 -0.01
PMDTRAB075 4.00 8.00 -0.01
PMDTRAB075 8.00 12.00 -0.01
PMDTRAB075 12.00 16.00 -0.01
PMDTRAB075 16.00 20.00 -0.01
PMDTRAB075 20.00 24.00 -0.01
PMDTRAB075 24.00 28.00 0.02
PMDTRAB075 28.00 32.00 0.05
PMDTRAB075 32.00 36.00 0.02
PMDTRAB076 0.00 4.00 -0.01
PMDTRAB076 4.00 8.00 -0.01
PMDTRAB076 8.00 12.00 -0.01
PMDTRAB076 12.00 16.00 -0.01
PMDTRAB076 16.00 20.00 0.01
PMDTRAB076 20.00 24.00 0.01
PMDTRAB076 24.00 28.00 0.01
PMDTRAB076 28.00 32.00 0.01
PMDTRAB076 32.00 36.00 -0.01
PMDTRAB076 36.00 40.00 0.01
PMDTRAB076 40.00 45.00 0.01
PMDTRAB077 0.00 4.00 -0.01
PMDTRAB077 4.00 8.00 -0.01
PMDTRAB077 8.00 12.00 0.01
PMDTRAB078 0.00 4.00 0.01
PMDTRAB078 4.00 8.00 -0.01
PMDTRAB078 8.00 12.00 0.01
PMDTRAB078 12.00 16.00 0.01
PMDTRAB078 16.00 20.00 0.01
PMDTRAB078 20.00 25.00 0.01
PMDTRAB079 0.00 4.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB079 4.00 8.00 0.01
PMDTRAB079 8.00 12.00 0.02
PMDTRAB079 12.00 16.00 0.02
PMDTRAB079 16.00 20.00 0.01
PMDTRAB079 20.00 24.00 0.02
PMDTRAB079 24.00 28.00 0.01
PMDTRAB079 28.00 32.00 0.02
PMDTRAB079 32.00 36.00 0.02
PMDTRAB079 36.00 40.00 0.01
PMDTRAB079 40.00 44.00 0.01
PMDTRAB079 44.00 48.00 0.01
PMDTRAB079 48.00 52.00 0.01
PMDTRAB079 52.00 54.00 0.01
PMDTRAB080 0.00 4.00 -0.01
PMDTRAB080 4.00 8.00 0.01
PMDTRAB080 8.00 12.00 0.01
PMDTRAB080 12.00 16.00 0.09
PMDTRAB080 16.00 20.00 0.01
PMDTRAB080 20.00 24.00 0.01
PMDTRAB080 24.00 28.00 0.01
PMDTRAB080 28.00 32.00 0.01
PMDTRAB080 32.00 36.00 -0.01
PMDTRAB080 36.00 41.00 0.01
PMDTRAB081 0.00 4.00 0.01
PMDTRAB081 4.00 8.00 0.02
PMDTRAB081 8.00 12.00 0.01
PMDTRAB081 12.00 16.00 0.01
PMDTRAB081 16.00 20.00 0.02
PMDTRAB081 20.00 24.00 0.02
PMDTRAB081 24.00 28.00 0.10
PMDTRAB081 28.00 32.00 0.16
PMDTRAB081 32.00 36.00 0.03
PMDTRAB081 36.00 40.00 0.06
PMDTRAB081 40.00 42.00 0.04
PMDTRAB082 0.00 4.00 0.01
PMDTRAB082 4.00 8.00 0.01
PMDTRAB082 8.00 12.00 0.01
PMDTRAB082 12.00 16.00 0.01
PMDTRAB082 16.00 20.00 0.01
PMDTRAB082 20.00 24.00 0.01
PMDTRAB082 24.00 28.00 0.01
PMDTRAB082 28.00 30.00 0.01
PMDTRAB083 0.00 4.00 0.01
PMDTRAB083 4.00 8.00 0.02
PMDTRAB083 8.00 12.00 0.03
PMDTRAB083 12.00 16.00 0.03
PMDTRAB083 16.00 20.00 0.02

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB083 20.00 24.00 0.09
PMDTRAB083 24.00 28.00 0.02
PMDTRAB084 0.00 4.00 0.01
PMDTRAB084 4.00 8.00 0.01
PMDTRAB084 8.00 12.00 0.01
PMDTRAB084 12.00 16.00 0.01
PMDTRAB084 16.00 20.00 0.01
PMDTRAB084 20.00 24.00 0.01
PMDTRAB084 24.00 28.00 0.01
PMDTRAB084 28.00 32.00 0.01
PMDTRAB084 32.00 36.00 0.01
PMDTRAB084 36.00 40.00 -0.01
PMDTRAB084 40.00 43.00 0.01
PMDTRAB085 0.00 4.00 -0.01
PMDTRAB085 4.00 8.00 -0.01
PMDTRAB085 8.00 12.00 -0.01
PMDTRAB085 12.00 16.00 -0.01
PMDTRAB085 16.00 20.00 -0.01
PMDTRAB085 20.00 24.00 -0.01
PMDTRAB085 24.00 28.00 -0.01
PMDTRAB085 28.00 32.00 -0.01
PMDTRAB085 32.00 36.00 -0.01
PMDTRAB085 36.00 40.00 -0.01
PMDTRAB085 40.00 44.00 -0.01
PMDTRAB085 44.00 49.00 0.01
PMDTRAB086 0.00 4.00 -0.01
PMDTRAB086 4.00 8.00 -0.01
PMDTRAB086 8.00 12.00 -0.01
PMDTRAB086 12.00 16.00 -0.01
PMDTRAB086 16.00 20.00 -0.01
PMDTRAB086 20.00 24.00 0.01
PMDTRAB086 24.00 28.00 -0.01
PMDTRAB086 28.00 32.00 -0.01
PMDTRAB086 32.00 36.00 -0.01
PMDTRAB086 36.00 40.00 0.01
PMDTRAB086 40.00 44.00 -0.01
PMDTRAB086 44.00 48.00 -0.01
PMDTRAB086 48.00 52.00 -0.01
PMDTRAB087 0.00 4.00 -0.01
PMDTRAB087 4.00 8.00 0.01
PMDTRAB087 8.00 12.00 -0.01
PMDTRAB087 12.00 16.00 -0.01
PMDTRAB087 16.00 20.00 -0.01
PMDTRAB087 20.00 24.00 0.01
PMDTRAB087 24.00 28.00 -0.01
PMDTRAB087 28.00 32.00 -0.01
PMDTRAB087 32.00 36.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB087 36.00 40.00 -0.01
PMDTRAB087 40.00 44.00 0.01
PMDTRAB087 44.00 48.00 0.01
PMDTRAB087 48.00 52.00 0.01
PMDTRAB087 52.00 56.00 0.01
PMDTRAB087 56.00 58.00 0.01
PMDTRAB088 0.00 4.00 -0.01
PMDTRAB088 4.00 8.00 0.01
PMDTRAB088 8.00 12.00 -0.01
PMDTRAB088 12.00 16.00 0.01
PMDTRAB088 16.00 20.00 0.01
PMDTRAB088 20.00 24.00 0.03
PMDTRAB088 24.00 28.00 0.01
PMDTRAB088 28.00 32.00 0.02
PMDTRAB088 32.00 36.00 0.01
PMDTRAB088 36.00 40.00 -0.01
PMDTRAB088 40.00 44.00 0.01
PMDTRAB088 44.00 48.00 0.02
PMDTRAB088 48.00 52.00 0.02
PMDTRAB088 52.00 56.00 0.01
PMDTRAB088 56.00 60.00 0.01
PMDTRAB088 60.00 64.00 0.01
PMDTRAB088 64.00 67.00 0.04
PMDTRAB089 0.00 4.00 0.01
PMDTRAB089 4.00 8.00 0.02
PMDTRAB089 8.00 12.00 0.02
PMDTRAB089 12.00 16.00 0.01
PMDTRAB089 16.00 20.00 0.01
PMDTRAB089 20.00 24.00 0.01
PMDTRAB089 24.00 28.00 0.01
PMDTRAB089 28.00 31.00 0.01
PMDTRAB090 0.00 4.00 0.01
PMDTRAB090 4.00 8.00 0.01
PMDTRAB090 8.00 12.00 0.01
PMDTRAB090 12.00 16.00 0.01
PMDTRAB090 16.00 20.00 0.01
PMDTRAB090 20.00 24.00 0.02
PMDTRAB090 24.00 28.00 0.01
PMDTRAB090 28.00 32.00 0.01
PMDTRAB090 32.00 36.00 0.02
PMDTRAB090 36.00 40.00 0.01
PMDTRAB090 40.00 43.00 0.02
PMDTRAB091 0.00 4.00 0.02
PMDTRAB091 4.00 8.00 0.01
PMDTRAB091 8.00 12.00 0.01
PMDTRAB091 12.00 16.00 0.01
PMDTRAB091 16.00 20.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB091 20.00 24.00 0.02
PMDTRAB091 24.00 28.00 0.01
PMDTRAB091 28.00 32.00 0.01
PMDTRAB091 32.00 36.00 0.01
PMDTRAB091 36.00 40.00 -0.01
PMDTRAB091 40.00 45.00 -0.01
PMDTRAB092 0.00 4.00 0.01
PMDTRAB092 4.00 8.00 -0.01
PMDTRAB092 8.00 12.00 -0.01
PMDTRAB092 12.00 16.00 0.01
PMDTRAB092 16.00 20.00 0.01
PMDTRAB092 20.00 24.00 0.01
PMDTRAB092 24.00 28.00 -0.01
PMDTRAB092 28.00 32.00 0.01
PMDTRAB092 32.00 36.00 0.01
PMDTRAB092 36.00 40.00 -0.01
PMDTRAB092 40.00 44.00 0.01
PMDTRAB092 44.00 48.00 0.01
PMDTRAB092 48.00 52.00 -0.01
PMDTRAB092 52.00 56.00 0.01
PMDTRAB092 56.00 60.00 0.01
PMDTRAB092 60.00 64.00 0.01
PMDTRAB092 64.00 68.00 -0.01
PMDTRAB092 68.00 72.00 -0.01
PMDTRAB093 0.00 4.00 -0.01
PMDTRAB093 4.00 8.00 -0.01
PMDTRAB093 8.00 12.00 -0.01
PMDTRAB093 12.00 16.00 -0.01
PMDTRAB093 16.00 20.00 0.01
PMDTRAB093 20.00 24.00 0.01
PMDTRAB093 24.00 28.00 0.01
PMDTRAB093 28.00 32.00 0.01
PMDTRAB093 32.00 36.00 0.01
PMDTRAB093 36.00 40.00 0.01
PMDTRAB093 40.00 44.00 -0.01
PMDTRAB093 44.00 48.00 -0.01
PMDTRAB094 0.00 4.00 -0.01
PMDTRAB094 4.00 8.00 0.01
PMDTRAB094 8.00 12.00 0.01
PMDTRAB094 12.00 16.00 0.01
PMDTRAB094 16.00 20.00 0.01
PMDTRAB094 20.00 24.00 -0.01
PMDTRAB094 24.00 28.00 -0.01
PMDTRAB094 28.00 32.00 -0.01
PMDTRAB094 32.00 36.00 0.03
PMDTRAB094 36.00 40.00 -0.01
PMDTRAB094 40.00 42.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB095 0.00 4.00 -0.01
PMDTRAB095 4.00 8.00 0.01
PMDTRAB095 8.00 12.00 -0.01
PMDTRAB095 12.00 16.00 -0.01
PMDTRAB095 16.00 20.00 -0.01
PMDTRAB095 20.00 24.00 -0.01
PMDTRAB095 24.00 28.00 -0.01
PMDTRAB095 28.00 32.00 -0.01
PMDTRAB095 32.00 34.00 -0.01
PMDTRAB096 0.00 4.00 0.02
PMDTRAB096 4.00 8.00 -0.01
PMDTRAB096 8.00 12.00 -0.01
PMDTRAB096 12.00 16.00 -0.01
PMDTRAB096 16.00 20.00 -0.01
PMDTRAB096 20.00 24.00 0.01
PMDTRAB096 24.00 26.00 0.01
PMDTRAB097 0.00 4.00 0.01
PMDTRAB097 4.00 8.00 -0.01
PMDTRAB097 8.00 12.00 -0.01
PMDTRAB097 12.00 16.00 -0.01
PMDTRAB097 16.00 20.00 -0.01
PMDTRAB097 20.00 24.00 0.01
PMDTRAB097 24.00 28.00 0.01
PMDTRAB097 28.00 32.00 -0.01
PMDTRAB097 32.00 36.00 0.01
PMDTRAB097 36.00 40.00 0.01
PMDTRAB097 40.00 44.00 0.01
PMDTRAB097 44.00 49.00 0.01
PMDTRAB098 0.00 4.00 -0.01
PMDTRAB098 4.00 8.00 -0.01
PMDTRAB098 8.00 12.00 0.02
PMDTRAB098 12.00 16.00 -0.01
PMDTRAB098 16.00 20.00 0.01
PMDTRAB098 20.00 24.00 0.01
PMDTRAB098 24.00 28.00 0.05
PMDTRAB098 28.00 32.00 0.01
PMDTRAB098 32.00 36.00 0.01
PMDTRAB098 36.00 40.00 0.01
PMDTRAB098 40.00 44.00 0.01
PMDTRAB098 44.00 48.00 0.01
PMDTRAB098 48.00 52.00 0.01
PMDTRAB098 52.00 56.00 0.01
PMDTRAB098 56.00 60.00 0.01
PMDTRAB098 60.00 64.00 0.01
PMDTRAB098 64.00 67.00 0.02
PMDTRAB099 0.00 4.00 0.01
PMDTRAB099 4.00 8.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB099 8.00 12.00 -0.01
PMDTRAB099 12.00 16.00 -0.01
PMDTRAB099 16.00 20.00 -0.01
PMDTRAB099 20.00 24.00 -0.01
PMDTRAB099 24.00 28.00 0.01
PMDTRAB099 28.00 32.00 -0.01
PMDTRAB099 32.00 36.00 -0.01
PMDTRAB099 36.00 41.00 0.01
PMDTRAB100 0.00 4.00 -0.01
PMDTRAB100 4.00 8.00 -0.01
PMDTRAB100 8.00 12.00 -0.01
PMDTRAB100 12.00 16.00 0.01
PMDTRAB100 16.00 20.00 0.01
PMDTRAB100 20.00 24.00 0.01
PMDTRAB100 24.00 28.00 0.01
PMDTRAB100 28.00 32.00 0.01
PMDTRAB100 32.00 36.00 0.01
PMDTRAB100 36.00 40.00 0.01
PMDTRAB101 0.00 4.00 0.01
PMDTRAB101 4.00 8.00 -0.01
PMDTRAB101 8.00 12.00 -0.01
PMDTRAB101 12.00 16.00 -0.01
PMDTRAB101 16.00 20.00 0.01
PMDTRAB101 20.00 24.00 0.01
PMDTRAB101 24.00 26.00 0.01
PMDTRAB102 0.00 4.00 0.01
PMDTRAB102 4.00 8.00 -0.01
PMDTRAB102 8.00 12.00 0.01
PMDTRAB102 12.00 16.00 -0.01
PMDTRAB102 16.00 20.00 -0.01
PMDTRAB102 20.00 24.00 -0.01
PMDTRAB102 24.00 28.00 -0.01
PMDTRAB102 28.00 33.00 -0.01
PMDTRAB103 0.00 4.00 -0.01
PMDTRAB103 4.00 8.00 0.01
PMDTRAB103 8.00 12.00 -0.01
PMDTRAB103 12.00 16.00 -0.01
PMDTRAB103 16.00 20.00 -0.01
PMDTRAB103 20.00 24.00 0.01
PMDTRAB103 24.00 28.00 -0.01
PMDTRAB103 28.00 32.00 -0.01
PMDTRAB103 32.00 36.00 0.01
PMDTRAB103 36.00 40.00 0.01
PMDTRAB103 40.00 44.00 -0.01
PMDTRAB103 44.00 48.00 -0.01
PMDTRAB103 48.00 52.00 -0.01
PMDTRAB103 52.00 56.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB103 56.00 60.00 -0.01
PMDTRAB103 60.00 64.00 -0.01
PMDTRAB103 64.00 68.00 0.01
PMDTRAB103 68.00 72.00 -0.01
PMDTRAB103 72.00 76.00 -0.01
PMDTRAB103 76.00 80.00 0.01
PMDTRAB103 80.00 84.00 0.01
PMDTRAB103 84.00 87.00 0.01
PMDTRAB104 0.00 4.00 -0.01
PMDTRAB104 4.00 8.00 -0.01
PMDTRAB104 8.00 12.00 -0.01
PMDTRAB104 12.00 16.00 0.01
PMDTRAB104 16.00 20.00 0.01
PMDTRAB104 20.00 24.00 -0.01
PMDTRAB104 24.00 28.00 0.08
PMDTRAB104 28.00 32.00 -0.01
PMDTRAB104 32.00 36.00 -0.01
PMDTRAB104 36.00 40.00 -0.01
PMDTRAB104 40.00 44.00 -0.01
PMDTRAB104 44.00 48.00 -0.01
PMDTRAB104 48.00 50.00 -0.01
PMDTRAB105 0.00 4.00 -0.01
PMDTRAB105 4.00 8.00 -0.01
PMDTRAB105 8.00 12.00 -0.01
PMDTRAB105 12.00 16.00 -0.01
PMDTRAB105 16.00 20.00 -0.01
PMDTRAB105 20.00 24.00 -0.01
PMDTRAB105 24.00 28.00 -0.01
PMDTRAB105 28.00 31.00 0.02
PMDTRAB106 0.00 4.00 -0.01
PMDTRAB106 4.00 8.00 0.01
PMDTRAB106 8.00 12.00 0.01
PMDTRAB106 12.00 16.00 -0.01
PMDTRAB107 0.00 4.00 -0.01
PMDTRAB107 4.00 8.00 0.01
PMDTRAB107 8.00 12.00 -0.01
PMDTRAB107 12.00 16.00 0.01
PMDTRAB107 16.00 20.00 0.01
PMDTRAB107 20.00 22.50 -0.01
PMDTRAB108 0.00 4.00 -0.01
PMDTRAB108 4.00 8.00 -0.01
PMDTRAB108 8.00 12.00 -0.01
PMDTRAB108 12.00 16.00 -0.01
PMDTRAB108 16.00 20.00 0.01
PMDTRAB108 20.00 24.00 0.01
PMDTRAB108 24.00 28.00 0.01
PMDTRAB108 28.00 32.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB108 32.00 37.50 0.01
PMDTRAB109 0.00 4.00 -0.01
PMDTRAB109 4.00 8.00 -0.01
PMDTRAB109 8.00 12.00 -0.01
PMDTRAB109 12.00 16.00 -0.01
PMDTRAB109 16.00 20.00 -0.01
PMDTRAB109 20.00 24.00 -0.01
PMDTRAB109 24.00 28.00 -0.01
PMDTRAB109 28.00 31.50 -0.01
PMDTRAB110 0.00 4.00 -0.01
PMDTRAB110 4.00 8.00 -0.01
PMDTRAB110 8.00 12.00 0.01
PMDTRAB110 12.00 16.00 0.02
PMDTRAB110 16.00 20.00 0.01
PMDTRAB110 20.00 24.00 0.01
PMDTRAB110 24.00 28.00 -0.01
PMDTRAB110 28.00 32.00 0.01
PMDTRAB110 32.00 36.00 0.01
PMDTRAB110 36.00 40.00 -0.01
PMDTRAB110 40.00 44.50 0.01
PMDTRAB111 0.00 4.00 -0.01
PMDTRAB111 4.00 8.00 -0.01
PMDTRAB111 8.00 12.00 0.01
PMDTRAB111 12.00 16.00 0.01
PMDTRAB111 16.00 20.00 0.02
PMDTRAB111 20.00 24.00 0.01
PMDTRAB111 24.00 28.00 0.01
PMDTRAB111 28.00 32.00 0.02
PMDTRAB112 0.00 4.00 0.01
PMDTRAB112 4.00 8.00 0.03
PMDTRAB112 8.00 12.00 0.01
PMDTRAB112 12.00 16.00 0.01
PMDTRAB112 16.00 20.00 0.01
PMDTRAB112 20.00 24.00 0.01
PMDTRAB112 24.00 28.00 0.01
PMDTRAB112 28.00 32.00 0.02
PMDTRAB112 32.00 36.00 0.02
PMDTRAB112 36.00 40.00 0.01
PMDTRAB112 40.00 44.00 0.01
PMDTRAB112 44.00 46.20 0.01
PMDTRAB113 0.00 4.00 0.01
PMDTRAB113 4.00 8.00 -0.01
PMDTRAB113 8.00 12.00 0.01
PMDTRAB113 12.00 16.00 0.01
PMDTRAB113 16.00 20.00 0.01
PMDTRAB113 20.00 24.00 0.01
PMDTRAB113 24.00 28.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB113 28.00 32.00 0.01
PMDTRAB113 32.00 36.00 0.01
PMDTRAB113 36.00 40.00 0.01
PMDTRAB113 40.00 44.00 0.01
PMDTRAB113 44.00 48.00 0.01
PMDTRAB113 48.00 52.00 0.01
PMDTRAB113 52.00 54.20 0.01
PMDTRAB114 0.00 4.00 0.01
PMDTRAB114 4.00 8.00 0.01
PMDTRAB114 8.00 12.00 0.01
PMDTRAB114 12.00 16.00 0.01
PMDTRAB114 16.00 20.00 0.01
PMDTRAB114 20.00 24.00 0.01
PMDTRAB114 24.00 29.20 0.02
PMDTRAB115 0.00 4.00 0.02
PMDTRAB115 4.00 8.00 0.01
PMDTRAB115 8.00 12.00 0.02
PMDTRAB115 12.00 15.00 0.01
PMDTRAB116 0.00 4.00 0.01
PMDTRAB116 4.00 8.00 0.01
PMDTRAB116 8.00 12.00 0.01
PMDTRAB116 12.00 16.00 0.01
PMDTRAB116 16.00 20.00 0.01
PMDTRAB116 20.00 22.20 0.03
PMDTRAB117 0.00 4.00 0.01
PMDTRAB117 4.00 8.00 0.01
PMDTRAB117 8.00 12.00 0.02
PMDTRAB117 12.00 16.00 0.01
PMDTRAB117 16.00 20.00 0.01
PMDTRAB117 20.00 24.00 0.02
PMDTRAB117 24.00 28.00 0.01
PMDTRAB117 28.00 32.00 0.01
PMDTRAB117 32.00 34.20 0.07
PMDTRAB118 0.00 4.00 0.02
PMDTRAB118 4.00 8.00 0.01
PMDTRAB118 8.00 12.00 -0.01
PMDTRAB118 12.00 16.00 0.01
PMDTRAB118 16.00 20.00 -0.01
PMDTRAB118 20.00 24.00 0.01
PMDTRAB118 24.00 28.00 0.01
PMDTRAB118 28.00 32.00 0.01
PMDTRAB118 32.00 36.00 0.01
PMDTRAB118 36.00 41.00 0.02
PMDTRAB119 0.00 4.00 0.01
PMDTRAB119 4.00 8.00 0.01
PMDTRAB119 8.00 12.00 0.01
PMDTRAB119 12.00 16.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB119 16.00 20.00 0.03
PMDTRAB119 20.00 24.00 0.02
PMDTRAB119 24.00 28.00 0.02
PMDTRAB119 28.00 32.00 0.02
PMDTRAB119 32.00 36.00 0.03
PMDTRAB119 36.00 40.00 0.01
PMDTRAB119 40.00 44.00 0.01
PMDTRAB119 44.00 48.00 0.05
PMDTRAB119 48.00 52.00 0.01
PMDTRAB119 52.00 57.20 0.01
PMDTRAB120 0.00 4.00 -0.01
PMDTRAB120 4.00 8.00 -0.01
PMDTRAB120 8.00 12.00 0.01
PMDTRAB120 12.00 16.00 -0.01
PMDTRAB120 16.00 20.00 -0.01
PMDTRAB120 20.00 24.00 -0.01
PMDTRAB120 24.00 28.00 0.01
PMDTRAB120 28.00 32.00 0.01
PMDTRAB120 32.00 36.00 -0.01
PMDTRAB120 36.00 40.00 -0.01
PMDTRAB120 40.00 44.00 -0.01
PMDTRAB120 44.00 48.00 -0.01
PMDTRAB120 48.00 52.00 -0.01
PMDTRAB120 52.00 55.50 0.01
PMDTRAB121 0.00 4.00 -0.01
PMDTRAB121 4.00 8.00 0.01
PMDTRAB121 8.00 12.00 0.01
PMDTRAB121 12.00 16.00 -0.01
PMDTRAB121 16.00 20.00 -0.01
PMDTRAB121 20.00 24.00 0.01
PMDTRAB121 24.00 28.00 -0.01
PMDTRAB121 28.00 32.00 -0.01
PMDTRAB121 32.00 36.00 0.01
PMDTRAB121 36.00 40.00 0.01
PMDTRAB121 40.00 42.00 0.01
PMDTRAB122 0.00 4.00 0.01
PMDTRAB122 4.00 8.00 -0.01
PMDTRAB122 8.00 12.00 -0.01
PMDTRAB122 12.00 16.00 0.01
PMDTRAB122 16.00 21.30 0.01
PMDTRAB123 0.00 4.00 -0.01
PMDTRAB123 4.00 8.00 -0.01
PMDTRAB123 8.00 12.00 -0.01
PMDTRAB123 12.00 16.00 -0.01
PMDTRAB123 16.00 20.00 -0.01
PMDTRAB123 20.00 24.00 -0.01
PMDTRAB123 24.00 28.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB123 28.00 32.00 0.01
PMDTRAB123 32.00 36.00 0.01
PMDTRAB124 0.00 4.00 0.01
PMDTRAB124 4.00 8.00 0.01
PMDTRAB124 8.00 12.00 -0.01
PMDTRAB124 12.00 16.00 -0.01
PMDTRAB124 16.00 20.00 -0.01
PMDTRAB124 20.00 24.00 -0.01
PMDTRAB124 24.00 28.00 0.02
PMDTRAB124 28.00 33.00 -0.01
PMDTRAB125 0.00 4.00 -0.01
PMDTRAB125 4.00 8.00 0.01
PMDTRAB125 8.00 12.00 0.01
PMDTRAB125 12.00 16.00 0.02
PMDTRAB125 16.00 20.00 0.02
PMDTRAB125 20.00 24.00 0.01
PMDTRAB125 24.00 28.00 0.01
PMDTRAB125 28.00 32.00 0.01
PMDTRAB125 32.00 36.00 0.01
PMDTRAB125 36.00 40.00 0.01
PMDTRAB125 40.00 44.00 0.01
PMDTRAB125 44.00 48.00 0.01
PMDTRAB125 48.00 52.00 0.01
PMDTRAB125 52.00 56.00 -0.01
PMDTRAB125 56.00 60.00 -0.01
PMDTRAB125 60.00 64.00 -0.01
PMDTRAB125 64.00 68.00 -0.01
PMDTRAB125 68.00 70.00 -0.01
PMDTRAB126 0.00 4.00 -0.01
PMDTRAB126 4.00 8.00 -0.01
PMDTRAB126 8.00 12.00 -0.01
PMDTRAB126 12.00 16.00 0.01
PMDTRAB126 16.00 20.00 0.01
PMDTRAB126 20.00 24.00 0.01
PMDTRAB126 24.00 28.00 0.01
PMDTRAB126 28.00 32.00 -0.01
PMDTRAB126 32.00 36.00 -0.01
PMDTRAB126 36.00 40.00 0.01
PMDTRAB126 40.00 44.00 -0.01
PMDTRAB126 44.00 48.00 0.01
PMDTRAB126 48.00 52.00 -0.01
PMDTRAB126 52.00 56.00 0.01
PMDTRAB126 56.00 60.00 -0.01
PMDTRAB126 60.00 62.00 -0.01
PMDTRAB127 0.00 4.00 -0.01
PMDTRAB127 4.00 8.00 -0.01
PMDTRAB127 8.00 12.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB127 12.00 16.00 -0.01
PMDTRAB127 16.00 20.00 -0.01
PMDTRAB127 20.00 24.00 -0.01
PMDTRAB127 24.00 28.00 -0.01
PMDTRAB128 0.00 4.00 -0.01
PMDTRAB128 4.00 8.00 -0.01
PMDTRAB128 8.00 12.00 0.01
PMDTRAB128 12.00 16.00 -0.01
PMDTRAB128 16.00 20.00 -0.01
PMDTRAB128 20.00 24.00 -0.01
PMDTRAB128 24.00 28.00 -0.01
PMDTRAB128 28.00 32.00 0.01
PMDTRAB128 32.00 36.00 0.01
PMDTRAB128 36.00 40.00 0.01
PMDTRAB128 40.00 44.00 0.01
PMDTRAB128 44.00 46.00 -0.01
PMDTRAB129 0.00 4.00 -0.01
PMDTRAB129 4.00 8.00 -0.01
PMDTRAB129 8.00 12.00 0.01
PMDTRAB129 12.00 16.00 -0.01
PMDTRAB129 16.00 20.00 0.02
PMDTRAB129 20.00 24.00 0.01
PMDTRAB129 24.00 28.00 0.01
PMDTRAB129 28.00 30.30 0.01
PMDTRAB130 0.00 4.00 -0.01
PMDTRAB130 4.00 8.00 -0.01
PMDTRAB130 8.00 12.00 -0.01
PMDTRAB130 12.00 16.00 0.01
PMDTRAB130 16.00 20.00 0.01
PMDTRAB130 20.00 24.00 -0.01
PMDTRAB130 24.00 28.00 0.01
PMDTRAB130 28.00 31.00 -0.01
PMDTRAB131 0.00 4.00 -0.01
PMDTRAB131 4.00 8.00 0.01
PMDTRAB131 8.00 12.00 0.01
PMDTRAB131 12.00 16.00 -0.01
PMDTRAB131 16.00 20.00 -0.01
PMDTRAB131 20.00 24.00 0.01
PMDTRAB131 24.00 28.00 -0.01
PMDTRAB131 28.00 32.00 0.01
PMDTRAB131 32.00 36.00 0.01
PMDTRAB131 36.00 40.00 -0.01
PMDTRAB131 40.00 44.00 0.01
PMDTRAB131 44.00 48.00 0.01
PMDTRAB131 48.00 52.00 -0.01
PMDTRAB131 52.00 56.00 0.01
PMDTRAB131 56.00 60.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB131 60.00 64.00 -0.01
PMDTRAB131 64.00 68.00 -0.01
PMDTRAB131 68.00 73.00 0.01
PMDTRAB132 0.00 4.00 0.01
PMDTRAB132 4.00 8.00 0.01
PMDTRAB132 8.00 12.00 -0.01
PMDTRAB132 12.00 16.00 0.01
PMDTRAB132 16.00 20.00 0.01
PMDTRAB132 20.00 24.00 0.01
PMDTRAB132 24.00 28.00 0.01
PMDTRAB132 28.00 32.00 -0.01
PMDTRAB132 32.00 36.00 -0.01
PMDTRAB132 36.00 40.00 -0.01
PMDTRAB132 40.00 44.00 -0.01
PMDTRAB132 44.00 48.00 -0.01
PMDTRAB132 48.00 52.00 0.01
PMDTRAB133 0.00 4.00 0.01
PMDTRAB133 4.00 8.00 -0.01
PMDTRAB133 8.00 12.00 -0.01
PMDTRAB133 12.00 16.00 -0.01
PMDTRAB133 16.00 20.00 -0.01
PMDTRAB133 20.00 24.00 -0.01
PMDTRAB133 24.00 27.10 -0.01
PMDTRAB134 0.00 4.00 -0.01
PMDTRAB134 4.00 8.00 -0.01
PMDTRAB134 8.00 12.00 -0.01
PMDTRAB134 12.00 16.00 -0.01
PMDTRAB134 16.00 20.00 -0.01
PMDTRAB135 0.00 4.00 -0.01
PMDTRAB135 4.00 8.00 -0.01
PMDTRAB135 8.00 12.00 -0.01
PMDTRAB135 12.00 16.00 0.01
PMDTRAB135 16.00 20.00 0.02
PMDTRAB135 20.00 24.00 0.01
PMDTRAB135 24.00 28.00 0.01
PMDTRAB135 28.00 32.00 0.01
PMDTRAB135 32.00 36.00 0.02
PMDTRAB135 36.00 40.00 0.01
PMDTRAB135 40.00 43.00 0.01
PMDTRAB136 0.00 4.00 -0.01
PMDTRAB136 4.00 8.00 0.01
PMDTRAB136 8.00 12.00 -0.01
PMDTRAB136 12.00 16.00 0.01
PMDTRAB136 16.00 20.00 -0.01
PMDTRAB136 20.00 24.00 0.01
PMDTRAB136 24.00 28.00 0.01
PMDTRAB136 28.00 32.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB136 32.00 35.20 0.02
PMDTRAB137 0.00 4.00 -0.01
PMDTRAB137 4.00 8.00 -0.01
PMDTRAB137 8.00 12.00 -0.01
PMDTRAB137 12.00 16.00 -0.01
PMDTRAB137 16.00 20.00 -0.01
PMDTRAB137 20.00 23.30 0.01
PMDTRAB138 0.00 4.00 0.01
PMDTRAB138 4.00 8.00 -0.01
PMDTRAB138 8.00 12.00 -0.01
PMDTRAB138 12.00 16.00 -0.01
PMDTRAB138 16.00 20.00 0.09
PMDTRAB138 20.00 24.00 0.01
PMDTRAB138 24.00 28.00 -0.01
PMDTRAB138 28.00 32.00 -0.01
PMDTRAB138 32.00 35.00 -0.01
PMDTRAB139 0.00 4.00 -0.01
PMDTRAB139 4.00 8.00 -0.01
PMDTRAB139 8.00 12.00 -0.01
PMDTRAB139 12.00 16.00 0.01
PMDTRAB139 16.00 21.00 -0.01
PMDTRAB140 0.00 4.00 0.01
PMDTRAB140 4.00 8.00 0.01
PMDTRAB140 8.00 12.00 -0.01
PMDTRAB140 12.00 16.00 0.03
PMDTRAB140 16.00 20.00 -0.01
PMDTRAB140 20.00 24.00 0.01
PMDTRAB140 24.00 28.00 0.03
PMDTRAB140 28.00 32.00 0.01
PMDTRAB140 32.00 36.00 0.02
PMDTRAB140 36.00 40.00 0.06
PMDTRAB140 40.00 44.00 0.01
PMDTRAB140 44.00 48.00 0.01
PMDTRAB140 48.00 52.00 -0.01
PMDTRAB140 52.00 56.00 0.02
PMDTRAB140 56.00 58.00 0.02
PMDTRAB141 0.00 4.00 0.01
PMDTRAB141 4.00 8.00 -0.01
PMDTRAB141 8.00 12.00 -0.01
PMDTRAB141 12.00 16.00 0.01
PMDTRAB141 18.00 19.00 -0.01
PMDTRAB141 19.00 20.00 -0.01
PMDTRAB141 20.00 21.00 0.01
PMDTRAB141 21.00 22.00 -0.01
PMDTRAB141 22.00 23.00 -0.01
PMDTRAB141 23.00 24.00 -0.01
PMDTRAB141 24.00 25.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB141 28.00 32.00 0.03
PMDTRAB141 32.00 36.00 0.01
PMDTRAB141 36.00 41.00 0.01
PMDTRAB142 0.00 4.00 0.01
PMDTRAB142 4.00 8.00 0.02
PMDTRAB142 8.00 12.00 0.01
PMDTRAB142 12.00 16.00 0.01
PMDTRAB142 16.00 20.00 0.01
PMDTRAB142 20.00 24.00 0.01
PMDTRAB142 24.00 28.00 0.02
PMDTRAB142 28.00 32.00 0.01
PMDTRAB142 32.00 36.00 0.02
PMDTRAB142 36.00 40.00 0.01
PMDTRAB142 40.00 44.00 0.01
PMDTRAB142 44.00 48.00 0.01
PMDTRAB142 48.00 52.00 0.01
PMDTRAB142 52.00 56.00 0.02
PMDTRAB142 56.00 61.00 0.01
PMDTRAB143 0.00 4.00 0.01
PMDTRAB143 4.00 8.00 -0.01
PMDTRAB143 8.00 12.00 -0.01
PMDTRAB143 12.00 16.00 0.01
PMDTRAB143 16.00 20.00 0.01
PMDTRAB143 20.00 24.00 0.03
PMDTRAB143 24.00 28.00 0.01
PMDTRAB143 28.00 32.00 -0.01
PMDTRAB143 32.00 36.30 0.01
PMDTRAB144 0.00 4.00 -0.01
PMDTRAB144 4.00 8.00 -0.01
PMDTRAB144 8.00 12.00 -0.01
PMDTRAB144 12.00 16.00 0.01
PMDTRAB144 16.00 20.00 0.01
PMDTRAB144 20.00 24.00 -0.01
PMDTRAB144 24.00 28.00 0.01
PMDTRAB144 28.00 32.00 0.01
PMDTRAB144 32.00 36.00 0.04
PMDTRAB144 36.00 40.00 0.01
PMDTRAB144 40.00 44.00 0.01
PMDTRAB144 44.00 49.00 0.01
PMDTRAB145 0.00 4.00 0.01
PMDTRAB145 4.00 8.00 0.01
PMDTRAB145 8.00 12.00 0.01
PMDTRAB145 12.00 16.00 0.01
PMDTRAB145 16.00 20.00 -0.01
PMDTRAB145 20.00 24.00 -0.01
PMDTRAB145 24.00 28.00 0.01
PMDTRAB145 28.00 32.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB145 32.00 36.00 0.01
PMDTRAB145 36.00 40.00 0.01
PMDTRAB145 40.00 44.00 0.01
PMDTRAB145 44.00 48.00 0.02
PMDTRAB145 48.00 52.00 0.02
PMDTRAB145 52.00 56.00 0.01
PMDTRAB145 56.00 60.00 0.01
PMDTRAB145 60.00 64.00 0.01
PMDTRAB145 64.00 68.00 0.01
PMDTRAB145 68.00 70.00 0.01
PMDTRAB146 0.00 4.00 0.01
PMDTRAB146 4.00 8.00 -0.01
PMDTRAB146 8.00 12.00 -0.01
PMDTRAB146 12.00 16.00 0.01
PMDTRAB146 16.00 20.00 0.01
PMDTRAB146 20.00 24.00 -0.01
PMDTRAB146 24.00 28.00 -0.01
PMDTRAB146 28.00 33.00 -0.01
PMDTRAB147 0.00 4.00 -0.01
PMDTRAB147 4.00 8.00 -0.01
PMDTRAB147 8.00 12.00 0.01
PMDTRAB147 12.00 16.00 0.01
PMDTRAB147 16.00 20.00 -0.01
PMDTRAB147 20.00 24.00 0.02
PMDTRAB147 24.00 28.00 0.01
PMDTRAB147 28.00 32.00 0.01
PMDTRAB147 32.00 36.00 0.01
PMDTRAB147 36.00 40.00 0.01
PMDTRAB147 40.00 44.00 0.02
PMDTRAB147 44.00 49.00 -0.01
PMDTRAB148 0.00 4.00 -0.01
PMDTRAB148 4.00 8.00 -0.01
PMDTRAB148 8.00 12.00 0.01
PMDTRAB148 12.00 16.00 0.01
PMDTRAB148 16.00 20.00 0.01
PMDTRAB148 20.00 24.00 0.02
PMDTRAB148 24.00 28.00 0.01
PMDTRAB148 28.00 32.00 0.02
PMDTRAB148 32.00 36.00 0.01
PMDTRAB148 36.00 40.00 0.01
PMDTRAB148 40.00 44.00 0.01
PMDTRAB148 44.00 46.00 0.01
PMDTRAB149 0.00 4.00 0.01
PMDTRAB149 4.00 8.00 0.01
PMDTRAB149 8.00 12.00 0.01
PMDTRAB149 12.00 16.00 0.01
PMDTRAB149 16.00 20.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB149 20.00 24.00 0.01
PMDTRAB149 24.00 28.00 0.02
PMDTRAB149 28.00 32.00 -0.01
PMDTRAB149 32.00 36.00 0.01
PMDTRAB149 36.00 40.00 0.03
PMDTRAB149 40.00 44.00 0.01
PMDTRAB149 44.00 48.00 0.01
PMDTRAB149 48.00 52.00 0.01
PMDTRAB150 0.00 4.00 -0.01
PMDTRAB150 4.00 8.00 -0.01
PMDTRAB150 8.00 12.00 -0.01
PMDTRAB150 12.00 16.00 0.05
PMDTRAB150 16.00 20.00 -0.01
PMDTRAB150 20.00 24.00 -0.01
PMDTRAB150 24.00 28.00 0.01
PMDTRAB150 28.00 32.00 -0.01
PMDTRAB150 32.00 36.00 -0.01
PMDTRAB150 36.00 39.00 0.01
PMDTRAB151 0.00 4.00 -0.01
PMDTRAB151 4.00 8.00 0.01
PMDTRAB151 8.00 12.00 0.02
PMDTRAB151 12.00 16.00 -0.01
PMDTRAB151 16.00 20.00 0.01
PMDTRAB151 20.00 24.00 -0.01
PMDTRAB151 24.00 28.00 -0.01
PMDTRAB151 28.00 32.00 -0.01
PMDTRAB152 0.00 4.00 -0.01
PMDTRAB152 4.00 8.00 -0.01
PMDTRAB152 8.00 12.00 -0.01
PMDTRAB152 12.00 16.00 -0.01
PMDTRAB152 16.00 20.00 0.01
PMDTRAB152 20.00 24.00 0.01
PMDTRAB152 24.00 28.00 0.01
PMDTRAB152 28.00 32.00 0.01
PMDTRAB152 32.00 36.00 -0.01
PMDTRAB152 36.00 40.00 -0.01
PMDTRAB152 40.00 44.00 0.01
PMDTRAB152 44.00 48.00 -0.01
PMDTRAB152 48.00 52.00 0.01
PMDTRAB152 52.00 56.00 -0.01
PMDTRAB152 56.00 60.00 0.01
PMDTRAB152 60.00 64.00 0.01
PMDTRAB153 0.00 4.00 -0.01
PMDTRAB153 4.00 8.00 0.02
PMDTRAB153 8.00 12.00 -0.01
PMDTRAB153 12.00 16.00 -0.01
PMDTRAB153 16.00 20.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB153 20.00 24.00 0.02
PMDTRAB153 24.00 28.00 0.01
PMDTRAB153 28.00 32.00 0.01
PMDTRAB153 32.00 34.00 0.01
PMDTRAB154 0.00 4.00 0.01
PMDTRAB154 4.00 8.00 0.02
PMDTRAB154 8.00 12.00 0.01
PMDTRAB154 12.00 16.00 0.02
PMDTRAB154 16.00 20.00 -0.01
PMDTRAB154 20.00 23.00 0.01
PMDTRAB155 0.00 4.00 0.01
PMDTRAB155 4.00 8.00 0.01
PMDTRAB155 8.00 12.00 0.02
PMDTRAB155 12.00 16.00 0.04
PMDTRAB155 16.00 20.00 0.03
PMDTRAB155 20.00 25.00 0.05
PMDTRAB156 0.00 4.00 0.01
PMDTRAB156 4.00 8.00 0.01
PMDTRAB156 8.00 12.00 0.02
PMDTRAB156 12.00 16.00 0.01
PMDTRAB156 16.00 20.00 0.01
PMDTRAB156 20.00 24.00 -0.01
PMDTRAB156 24.00 28.00 -0.01
PMDTRAB156 28.00 32.00 0.02
PMDTRAB156 32.00 36.00 0.02
PMDTRAB156 36.00 40.00 0.01
PMDTRAB156 40.00 44.00 0.01
PMDTRAB156 44.00 48.00 0.02
PMDTRAB156 48.00 52.00 -0.01
PMDTRAB156 52.00 56.00 -0.01
PMDTRAB156 56.00 60.00 0.01
PMDTRAB156 60.00 64.00 0.02
PMDTRAB156 64.00 68.00 0.02
PMDTRAB156 68.00 72.00 0.04
PMDTRAB156 72.00 76.00 0.02
PMDTRAB156 76.00 79.00 0.01
PMDTRAB157 0.00 4.00 -0.01
PMDTRAB157 4.00 8.00 -0.01
PMDTRAB157 8.00 12.00 0.01
PMDTRAB157 12.00 16.00 0.01
PMDTRAB157 16.00 20.00 0.01
PMDTRAB157 20.00 24.00 0.01
PMDTRAB158 0.00 4.00 0.01
PMDTRAB158 4.00 8.00 0.01
PMDTRAB158 8.00 12.00 0.01
PMDTRAB158 12.00 16.00 0.01
PMDTRAB158 16.00 20.00 0.02

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB158 20.00 24.00 -0.01
PMDTRAB158 24.00 28.00 0.01
PMDTRAB158 28.00 32.00 -0.01
PMDTRAB158 33.00 34.00 0.01
PMDTRAB158 34.00 35.00 -0.01
PMDTRAB158 35.00 36.00 0.01
PMDTRAB158 36.00 37.00 0.02
PMDTRAB158 37.00 38.00 -0.01
PMDTRAB159 0.00 4.00 -0.01
PMDTRAB159 4.00 8.00 -0.01
PMDTRAB159 8.00 12.00 -0.01
PMDTRAB159 12.00 16.00 -0.01
PMDTRAB159 16.00 20.00 0.01
PMDTRAB159 20.00 24.00 0.01
PMDTRAB159 24.00 28.00 0.01
PMDTRAB159 28.00 32.20 -0.01
PMDTRAB160 0.00 4.00 0.01
PMDTRAB160 4.00 8.00 0.01
PMDTRAB160 8.00 12.00 -0.01
PMDTRAB160 12.00 16.00 0.01
PMDTRAB160 16.00 20.00 0.01
PMDTRAB160 20.00 22.00 0.01
PMDTRAB161 0.00 4.00 -0.01
PMDTRAB161 4.00 8.00 -0.01
PMDTRAB161 8.00 12.30 -0.01
PMDTRAB162 0.00 4.00 -0.01
PMDTRAB162 4.00 8.00 -0.01
PMDTRAB162 8.00 12.00 0.01
PMDTRAB162 12.00 16.00 0.01
PMDTRAB162 16.00 20.00 0.02
PMDTRAB162 20.00 25.00 -0.01
PMDTRAB163 0.00 4.00 -0.01
PMDTRAB163 4.00 8.00 -0.01
PMDTRAB163 8.00 12.00 -0.01
PMDTRAB163 12.00 16.00 -0.01
PMDTRAB163 16.00 20.00 0.01
PMDTRAB163 20.00 24.00 -0.01
PMDTRAB163 24.00 28.10 -0.01
PMDTRAB164 0.00 4.00 -0.01
PMDTRAB164 4.00 8.00 -0.01
PMDTRAB164 8.00 12.00 0.01
PMDTRAB164 12.00 16.00 0.01
PMDTRAB164 16.00 20.00 0.01
PMDTRAB164 20.00 24.00 -0.01
PMDTRAB164 24.00 28.00 0.01
PMDTRAB164 28.00 32.00 -0.01
PMDTRAB164 32.00 34.00 -0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

HOLE ID FROM(m) TO(m) Zn(ppm) Pb(ppm) Cu(ppm) Ag (ppm) Au(ppm)
PMDTRAB165 0.00 4.00 -0.01
PMDTRAB165 4.00 8.00 -0.01
PMDTRAB165 8.00 12.00 0.01
PMDTRAB165 12.00 16.00 -0.01
PMDTRAB165 16.00 20.00 -0.01
PMDTRAB165 20.00 25.00 0.01

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

JORC Code, 2012 Edition Table 1 Appendices

==> picture [156 x 61] intentionally omitted <==

Table 1 - Section 1 - Sampling Techniques and Data for Mallee Bull & Wagga Tank/Cobar Superbasin Projects

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (eg cut channels, random chips, or
specific specialised industry standard measurement tools
appropriate to the minerals under investigation, such as down
hole gamma sondes, or handheld XRF instruments, etc). These
examples should not be taken as limiting the broad meaning of
sampling.
Include reference to measures taken to ensure sample
representivity
and
the
appropriate
calibration
of
any
measurement tools or systems used.
Aspects of the determination of mineralisation that are Material
to the Public Report.
In cases where ‘industry standard’ work has been done this would
be relatively simple (eg ‘reverse circulation drilling was used to
obtain 1 m samples from which 3 kg was pulverised to produce a
30 g charge for fire assay’). In other cases, more explanation may
be required, such as where there is coarse gold that has inherent
sampling problems. Unusual commodities or mineralisation types
(eg submarine nodules) may warrant disclosure of detailed
information.
The following report details the checks, validation and methodology used during the drilling
programs being reported.
• At Southern Nights, drill holes have been drilled predominantly towards grid east with dips
of approximately 60 degrees to optimally intersect the moderate to steeply west dipping
mineralised zones. For Wagga Tank where mineralised zones are near vertical or slightly east
dipping, drilling is to the west on an azimuth of ~315 and a dip of 60 degrees.
• Field procedures include routine multi-element measurement of the diamond core and RC
drill chips using an Olympus Delta Innov-X portable XRF tool. Portable XRF tools are routinely
serviced and calibrated. Daily checks are performed against blanks/standards. PXRF readings
are not included in the dataset for the MRE but are used to aid the selection of samples for
primary assaying in conjunction with geological logging and neighbouring results.
• RC and RAB drill holes are generally sampled at 1m intervals and split using a cone splitter or
multi-tier riffle splitter attached to the cyclone to generate a split of 2-4kg to provide a
representative sample of the interval. Anomalous base mineral intervals are identified using
the portable XRF tool and sampled using the 1m splits. If no base mineral intervals are
identified, 6m composites are taken using sampling by spear methods primarily to identify
the presence of gold. Anomalous composites are then assayed using the 1m splits.
• During exploration drilling, every effort is made to ensure all RC samples are drilled dry.
Where this hasn’t been possible samples are logged as wet. For later stage resource
definition drilling, diamond drilling has been used through the mineralised zones.
• Diamond drill core is generally cut and sampled at 1m intervals. The diamond drill core has
been cut longitudinally in half. Sampling was undertaken at predominantly 1m intervals with
a range of 0.5m length to 1.5m length to accommodate changes in geology and
mineralisation.
• Metallurgical samples have been taken from half core of one the HQ core samples which
intersected the main mineralisation zone at Southern Nights. Further samples are needed to
provide sufficient variability of the mineralisation to be considered representative.
Drilling
techniques
Drill type (eg core, reverse circulation, open-hole hammer, rotary
air blast, auger, Bangka, sonic, etc) and details (eg core diameter,
triple or standard tube, depth of diamond tails, face-sampling bit
or other type, whether core is oriented and if so, by what method,
• Drilling to date has been a combination of diamond, reverse circulation and rotary air blast.
• Reverse circulation drilling utilised a 5 1/2-inch diameter hammer. A blade bit was
predominantly used for RAB drilling. RC precollars average 150m in length. With diamond
tailsgenerallybeingbetween 200 and 400m in length.

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
etc). • HQ with minor PQ and NQ diameter coring has been used for diamond drilling. For the
majority of the drilling triple tube has been used to maximise recovery.
• Core has been orientated where possible. Diamond core is reconstructed into continuous
runs on an angle iron cradle for orientation. Orientation quality is noted between orientation
marks based on a tolerance. Systematic failures are immediately raised with the drilling
contractor.
Drill sample
recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.
Measures taken to maximise sample recovery and ensure
representative nature of the samples.
Whether a relationship exists between sample recovery and grade
and whether sample bias may have occurred due to preferential
loss/gain of fine/coarse material.
• RC and RAB samples are not weighed on a regular basis due to the exploration or precollar
nature of drilling. Minor campaigns of weighing RC bags have been undertaken however no
detailed assessment on RC recovery has been conducted.
• Diamond drilling is typically undertaken using HQ triple tube methods to maximise recovery.
In areas where ground conditions are particularly poor, PQ is used to improve core recovery.
• Core recoveries are recorded by the drillers in the field at the time of drilling by measuring
the actual distance drilled for a drill run against the actual core recovered. This measurement
is checked by a geologist or technician.
• Diamond core is reconstructed into continuous runs on an angle iron cradle for orientation
marking and depths are checked against the depths recorded on core blocks. Rod counts are
routinely undertaken by drillers.
• When poor sample recovery is encountered during drilling, the geologist and driller have
endeavoured to rectify the problem to ensure maximum sample recovery.
• For Wagga Tank, analysis of the recovery dataset to date, for which assays exist, indicates
92% are reported as having greater than or equal to 95% recovery. This drops from 92% to
73% for grade intervals greater than 4% Zinc which generally defines the main mineralisation
zone.
• For Southern Nights, of the total recovery dataset for which assays exist, 96% are reported
as having greater than or equal to 95% recovery. This drops from 96% to 89% for grade
intervals greater than 4% Zinc which generally defines the main mineralisation zone. These
recoveries are considered acceptable.
• For samples with greater than or equal to 1% Zn, 94% are reported as having 90% or better
recovery.
• Sample recoveries at Mallee Bull and Wirlong to date have generally been high.
• Analysis at Wagga Tank – Southern Nights for diamond core indicates that there is no
observed relationship between zinc grade and recovery and no correction or weighting
factors were required.
• Recoveries through the mineralisation are considered duringclassification of resources
Logging Whether core and chip samples have beengeologically and • All drill core and drill chipsamples arequalitatively geologicallyandquantitatively

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical
studies.
Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography.
The total length and percentage of the relevant intersections
logged.
geotechnically, geochemically and structurally logged from surface to the bottom of each
individual hole to a level of detail to support Mineral Resource estimation, mining studies
and metallurgical studies.
• All logging of diamond core, RC and RAB samples records lithology, alteration,
mineralisation, structure (DDH only), weathering, colour and other features of the interval
important for defining the location of the drillhole within the mineralised system.
• All drill core and chip trays are photographed as both wet and dry.
• Where core samples are orientated, drill core is logged for geotechnical and structural
information by measuring alpha and beta angles accompanied by a description of the feature
being logged.
• Bulk density by Archimedes principle are taken at regular intervals (~2 every core tray).
• Magnetic susceptibilityis recorded at 1m intervals.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether quarter, half or all core
taken.
If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.
For all sample types, the nature, quality and appropriateness of
the sample preparation technique.
Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
Measures taken to ensure that the sampling is representative of
the in-situ material collected, including for instance results for
field duplicate/second-half sampling.
Whether sample sizes are appropriate to the grain size of the
material being sampled.
• Drill core is cut with a core saw with half core taken for analysis. Sampling is consistent on
one side of the orientation line so that the same part of the core is sent for analysis.
• The RC and RAB drilling rigs were equipped with a cone or multitier riffle splitter attached to
the cyclone. The splitter provided one bulk sample of approximately 20kg and a sub-sample
of 2- 4kg per metre drilled.
• Bulk samples were placed in green plastic bags, with the sub-samples collected placed in
calico sample bags.
• Core duplicates have been taken at the laboratory at specified intervals after crushing to a
nominal >70% passing 6mm. Field duplicates for RC were collected directly from the splitter
at the time of sampling or later by resplitting the bulk samples from large plastic bags using
a spear. Scatter and HARD plots were used to assess the performance of duplicate samples.
For most elements more than 90% of the samples returned less than 10% HARD which
indicates sampling quality and size is appropriate. Analysis of gold showed poorer
performance with around 80% of samples returning less than 10% HARD. This is still
considered satisfactory considering the higher variability normally associated with gold.
• No sample nomogram analysis has been undertaken however the sample volume provided
by 51/2-inch RC and HQ diamond core drilling methods are considered appropriate and
representative for thegrain size and style of mineralisation.
Quality
of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is
considered partial or total.
For geophysical tools, spectrometers, handheld XRF instruments,
etc, theparameters used in determining the analysis including
• Analysis methods used for historical drilling is not known.
• ALS Laboratory Services located in Orange NSW, was generally used for sample preparation,
Au and multi-element analysis work. Requirements for Sulphur by Leco or multi-element 4
Acid digest was undertaken at ALS Brisbane.
The laboratory preparation and analysis methods below are for all samples submitted to ALS by

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
instrument make and model, reading times, calibrations factors
applied and their derivation, etc.
Nature of quality control procedures adopted (eg standards,
blanks, duplicates, external laboratory checks) and whether
acceptable levels of accuracy (ie lack of bias) and precision have
been established.
Peel and are considered appropriate determination of the economic minerals and styles of
mineralisation defined at Wagga Tank. Sample preparation was undertaken at ALS Orange using
the following process:
• Crush entire sample nominal >70% passing 6mm;
• If sample > 3kg, Riffle split sample to maximum of 3.2Kg and pulverise split in LM5 to 85%
passing 75 µm. Retain and bag unpulverised reject (bulk master). If sample < 3.2kg, entire
sample is pulverised;
Routine assays were completed using either:
• ME-ICP41 analysis, Aqua-regia digest (GEO-AR01) ICP-AES finish performed at ALS Orange.
Over-limit assays were then undertaken using ME-OG46 analysis if triggered from above (i.e.
Cu, Pb, Zn >1%, Ag >100ppm) Aqua-regia digest (ASY-AR01) with ICPAES finish performed in
Brisbane from pulp split. Over-limit sulphur was undertaken with S-IR08 Leco Fusion (>10%
S).
• ME-ICP61 or ME-MS61, 4 acid digest (GEO-4 ACID) ICP-AES finish /ICP-MS finish performed
at ALS Brisbane from pulp split. Over-limit assays were then undertaken using ME-OG62
analysis if triggered from above (i.e. Cu, Pb, Zn >1%, Ag >100ppm) 4 acid digest (ASY-4ACID)
with ICP-AES finish / ICP-MS finish performed in Brisbane from pulp split. Over-limit sulphur
was undertaken with S-IR08 Leco Fusion (>10% S).
• Assaying of samples in the field was by portable XRF instruments: Olympus Delta Innov-X or
Olympus Vanta Analysers. Reading time for Innov-X was 20 seconds per reading with a total
3 readings per sample. Reading time for Vanta was 10 & 20 seconds per reading with 2
readings per sample. At least one daily calibration check was performed using standards and
blanks to ensure the analyser was operating within factory specifications. The XRF readings
are only used as indicative and assist with the selection of sample intervals for laboratory
analysis.
• QC samples were inserted in the form of Certified Reference Materials, blanks (sand and
coarse) and duplicates. CRM and blanks are inserted at the rate of at least 1 blank and
standard every 20 samples. Duplicates for percussion drilling are collected directly from the
drill rig or the metre sample bag by spearing using a half round section of pipe at a rate of 1
every 20 samples. The duplicate rate for drill core varies as they are inserted by geologists
to cover low, medium and high grade zones. These duplicates are split at the laboratory after
the crushing stage. At a minimum there is one duplicate every 20 samples. Through high
grade zones, additional blank lab wash is requested with analysis randomly selected on these
washes by Peel to monitor cross contamination.
• Performance of standards for monitoring the accuracy, precision and reproducibility of the
assayresults received from ALS have been reviewed. The standardsgenerally performed well

Peel Mining Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
with results falling within prescribed two standard deviation limits and only random
occurrences outside of these limits.
• The performance of the pulp and coarse blanks have been within acceptable limits with no
significant evidence of cross contamination identified.
• ALS laboratories undertake internal QC checks to monitor performance. The results of these
are available to view on ALS Webtrieve™(an ALS online dataplatform).
Verification
of sampling
and
assaying
The verification of significant intersections by either independent
or alternative company personnel.
The use of twinned holes.
Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
Discuss any adjustment to assay data.
• All significant intersections have been verified by senior staff.
• Two twin drill holes were drilled into the main mineralisation at Southern Nights. Twin drill
holes were within 5m of the original hole in both cases. Minor differences in analytical
methods used introduced an element of error but both drill holes showed good repeatability
in both thickness and average grade through the main zone.
• Most of the drilling undertaken by Peel involved the logging of geological and sampling
information into excel spreadsheets. These spreadsheets were then validated and imported
into a customized SQL database at the Peel head office. During 2019 data was transferred
into a Geobank database. Logging is now undertaken via Geobank Mobile. The main
database resides in the Peel Perth office with a syncronised version available at the site
office. Any issues identified by the Database Administrator is raised with site staff to rectify.
• No adjustments of assaydata are considered necessary.
Location of
data points
Accuracy and quality of surveys used to locate drill holes (collar
and down-hole surveys), trenches, mine workings and other
locations used in Mineral Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
• A Garmin hand-held GPS is used to define the location of the planned drill collars. Standard
practice is for the GPS to be left at the site of the collar for a period of 5 minutes to obtain a
steady reading.
• Periodically throughout the drilling program, collars have been accurately located using a
DGPS by a surveying contractor. 14 drill holes from the most recent program have not been
surveyed prior to the MRE being completed.
• Down-hole surveys are conducted by the drill or surveying contractors using either a Champ
Gyro™ North Seeking solid state gyro or a Gyroflex North Seeking gyro. Measurements are
taken during drilling every 30m to track drillhole progress, however on completion of the
hole the hole is surveyed on shorter intervals (6 or 10m). QA/QC in the field involves
calibration using a test stand located on the project site.
• Grid system used is MGA 94 (Zone 55).
• Attempts to locate and survey the collars of historical drill holes in Wagga Tank was
undertaken. Not all drill holes could be located. The locations of drill holes which could not
be found have been calculated via grid transformations off old maps.
• The method of downhole surveys for historical drilling is unknown.
• A topographical surface has beengenerated from the DGPS surveys of drill collars. The

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
terrain of the project area is flat and topographical control is considered appropriate for the
MRE.
Data
spacing and
distribution
Data spacing for reporting of Exploration Results.
Whether the data spacing and distribution is sufficient to
establish the degree of geological and grade continuity
appropriate for the Mineral Resource and Ore Reserve estimation
procedure(s) and classifications applied.
Whether sample compositing has been applied.

Drill holes covering the areas covered by the MREs are drilled predominantly on a 20x20m
or 40x40m grid spacing. Wider spacing occurs at the extremities and at depth in the MRE
area.

The data density is sufficient to demonstrate grade continuity to support a Mineral
Resource estimate (MRE) under the 2012 JORC code at the Wagga Tank and Mallee Bull
Projects.

Physical compositing to 6m of some RC and precollars has occurred predominantly for the
exploratory analysis of gold. If anomalous gold values have been encountered 1m sampling
is then undertaken.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves unbiased sampling
of possible structures and the extent to which this is known,
considering the deposit type.
If the relationship between the drilling orientation and the
orientation of key mineralised structures is considered to have
introduced a sampling bias, this should be assessed and reported
if material.

The nature and controls on mineralisation at the Wagga Tank and Southern Nights deposits
are considered to be well understood in the area of the MREs.

Drill holes at Southern Nights are predominantly drilled towards the east at an average dip
of 60 degrees to optimally intersect the moderate to steeply west dipping north south
striking mineralised zones.

Drill holes at Wagga Tank are predominantly drilled towards the west at an average dip of
60 degrees to optimally intersect the sub-vertical to slightly east dipping north-north east
south-south west striking mineralised zones.

Based on the current understanding in the Resource areas sampling is considered to be
unbiased with respect to drill hole orientation versus strike and dipof mineralisation.
Sample
security
The measures taken to ensure sample security. • The chain of custody is managed by the project geologist.
• All drill core is brought to the site core processing facility on a daily basis.
• Following sampling, calico sample bags are placed in polyweave sacks and stored in the
processing facility until shipment is undertaken by Peel staff or courier, to ALS laboratory in
Orange.
• Despatch details are checked and logged into the laboratory tracking system, on arrival at
ALS.
• Detailed records are kept of all samples that are dispatched, including details of chain of
custody.
Audits
or
reviews
The results of any audits or reviews of sampling techniques and
data.
• No formal external audit has been conducted.
• Regular audits of logging and sampling protocols are undertaken by senior Peel staff whilst
onsite.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

Table 1 - Section 2 - Reporting of Exploration Results for Mallee Bull/Wagga Tank/Cobar Superbasin Projects

Criteria JORC Code explanation Commentary
Mineral
tenement and
land
tenure
status
Type, reference name/number, location and ownership
including agreements or material issues with third parties
such as joint ventures, partnerships, overriding royalties,
native title interests, historical sites, wilderness or national
park and environmental settings.
The security of the tenure held at the time of reporting
along with any known impediments to obtaining a licence
to operate in the area.
• Drilling carried out on the Wagga Tank Project is located on EL6695 and is 100%-owned by
Peel Mining Ltd.
• The Mallee Bull prospect is wholly located within EL7461 “Gilgunnia”. The tenement is
subject to a 50:50 Joint Venture with CBH Resources Ltd, a wholly owned subsidiary of Toho
Zinc Co Ltd.
• The Cobar Superbasin Project comprises of multiple exploration licences that are subject to
a farm-in agreement with JOGMEC whereby JOGMEC can earn up to 50%.
• The tenements are is ingood standingand no known impediments exist.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration by other
parties.
• Various programs of work were completed at Wagga Tank by multiple previous explorers
including Newmont, Homestake, Amoco, Cyprus, Arimco, Golden Cross, Pasminco and
MMG. Work included multiple phases of drilling and general prospecting including soil
geochemical surveys and geophysical programs. Minimal work was completed at the Wagga
Tank and Fenceline prospects between 1989 and 2016.
• Work in the Mallee Bull area was completed by several former tenement holders including
Triako Resources between 2003 and 2009; it included diamond drilling, IP surveys, geological
mapping and reconnaissance geochemical sampling around the historic Four Mile Goldfield
area. Prior to Triako Resources, Pasminco Exploration explored the Cobar Basin area for a
“Cobar-type” or “Elura-type” zinc-lead-silver or copper-gold-lead-zinc deposit.
Geology Deposit type, geological setting and style of mineralisation. The predominantly sediment-hosted mineralisation in the southern volcanic/volcaniclastics
portion of the Wagga Tank-Southern Nights area is characterised by discontinuous, remobilised,
en-echelon sulphide lenses hosted within high strain zones close to early Devonian porphyritic
intrusives, which are in close proximity to active syn-sedimentary rift faults. The informal deposit
stratigraphy comprises:

Eastern Formation: this basal unit comprises rather massive to thinly bedded shale and
minor siltstone, graded bedding is present locally. Collectively the unit has attributes typical
of relatively deep marine settings, with the breccias suggesting the presence of proximal
unstable shelf/slope areas where episodic collapse was occurring on an occasional basis.

Vivigani Formation: overlies the Eastern Formation and marks a striking change with coarse
to fine volcaniclastic breccias and sandstones dominating. The basal contact is sharp,
reflecting the onset of volcanism in an inferred back arc basin setting.

Wagga Tank Mudstone: Cessation of the Vivigani volcanism event is marked by Wagga Tank
Mudstone,comprisingthin bedded shale and subordinate siltstone and calc-siltstone,with

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
common graded bedding, sharp bases, scours and occasional fine cross bedding. These are
typical turbidites, with the apparent absence of mass flow breccias perhaps suggesting a
more distal setting than existed in Eastern Formation time. The change from Vivigani to
Wagga Tank sedimentation can be sharp, but in most drill holes the boundary appears
transitional.

One of the most striking features of Vivigani Formation rocks at Wagga Tank/Southern
Nights is the intensity and extent of multi-phase hydrothermal alteration. Dominant styles
are chlorite, silica/sericite +/- pyrite, with lesser siderite, calcite, rutile, fluorite and
rhodocrosite.

Sulphides are widespread in Vivigani Formation and at the base of the Wagga Tank
mudstone. Pyrite is the dominant sulphide, with lesser sphalerite, chalcopyrite and galena,
arsenopyrite is also commonly present at minor levels. Sulphides occur in a range of styles
and settings with resultant implications for exploration and economics. The majority of the
sulphides are interpreted as being the product of a major hydrothermal system that
developed during deposition of the volcanoclastics, driven by emplacement of an intrusive
of probable acid composition (rhyolite/dacite). Waning of the hydrothermal system was
related to cooling of the intrusion(s) and cessation of volcanism and is reflected in the
change from volcanic (Vivigani) to fine sediment (Wagga Tank Mudstone) dominated
regimes.

The highest grade sulphides at Wagga Tank/Southern Nights occur as finely laminated
sphalerite, pyrite, galena and chalcopyrite, mostly in basal Wagga Tank Mudstone but also
in the Vivigani/Wagga Tank transition, interbedded with very fine clastic sediments (shale
and siltstone). Locally they are cut or disrupted by later discordant stringer pyrite,
chalcopyrite, silica and sphalerite veining. The laminated massive sulphides are interpreted
as exhalatives, derived from venting of hydrothermal fluids at the sea floor interface, a
setting analogous to sulphide deposits developing proximal to “smokers” on the ocean floor
today.

The overall pattern of sedimentation, alteration and mineralisation at WT/SN is comparable
to many well-known volcanic hosted massive sulphide deposits (“VHMS”).

Sulphide mineralisation at Wagga Tank/Southern Nights is clearly linked to the Vivigani
volcanic event and associated hydrothermal activity, and has attributes closely analogous
to other known volcanic hosted massive sulphide deposits. In this context it appears quite
different from classical “Cobar type” structurally controlled base and precious metal
deposits.

At Wagga Tank/Southern Nights high grade laminated stratiform massive sulphides hosted
in a low energyshale/siltstone sequence overlie a verylarge intenselysilica/sericite/pyrite

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
altered, stockwork stringer sulphide veined zone which developed within permeable
volcaniclastic breccias and sandstones. It is inferred that the hydrothermal alteration and
mineralisation were driven by a high level intrusive of probable rhyolitic to dacitic
composition. In the attached schematic representation (see page 10), the porphyry has
been drawn intruding into lower Vivigani, however emplacement may have been at
considerably deeper crustal levels. Cessation of volcanism but continued (albeit waning)
hydrothermal venting resulted in the change in character of sulphide mineralisation from
dominantly stringer veining within permeable volcaniclastics to exhalative sea floor massive
sulphides with substantially higher metal concentration.

The Mallee Bull prospect area lies within the Cobar-Mt Hope Siluro-Devonian sedimentary
and volcanic units. The northern Cobar region consists of predominantly sedimentary units
with tuffaceous member, whilst the southern Mt Hope region consists of predominantly
felsic volcanic rocks; the Mallee Bull prospect seems to be located in an area of overlap
between these two regions. Mineralization at the Mallee Bull discovery features the Cobar-
style attributes of short strike lengths (<200m), narrow widths (5-20m) and vertical
continuity, and occurs as a shoot-like structure dipping moderately to the west.
Drill
hole
Information
A summary of all information material to the
understanding of the exploration results including a
tabulation of the following information for all Material drill
holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level – elevation above sea
level in metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
If the exclusion of this information is justified on the basis
that the information is not Material and this exclusion does
not detract from the understanding of the report, the
Competent Person should clearly explain why this is the
case.
• All relevant information material to the understanding of exploration results has been
included within the body of the announcement or as appendices.
• No information has been excluded.
Data
aggregation
methods
In reporting Exploration Results, weighting averaging
techniques, maximum and/or minimum grade truncations
(eg cutting of high grades) and cut-off grades are usually
Material and should be stated.
• No length weighting or top-cuts have been applied when reporting exploration results.
• No metal equivalent values are used for reporting exploration results.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade results,
the procedure used for such aggregation should be stated
and some typical examples of such aggregations should be
shown in detail.
The assumptions used for any reporting of metal
equivalent values should be clearly stated.
Relationship
between
mineralisation
widths
and
intercept
lengths
These relationships are particularly important in the
reporting of Exploration Results.
If the geometry of the mineralisation with respect to the
drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect
(eg ‘down hole length, true width not known’).
• At Wagga Tank, drilling to date indicates a sub-vertical mineralised system, with a steep to
slightly easterly dip implying true widths of 50-60% of the downhole intervals reported for
north west-oriented (~315 degree collar azimuth) or south east (~135 degree collar azimuth)
drill holes.
• At Southern Nights, drilling to date indicates a ~70 degree west dipping mineralised system,
with a implying true widths of 70-90% of the downhole intervals reported for east-oriented
(085/090 degree collar azimuth) drill holes, and between 30-50% for all west-oriented (270
degree collar azimuth)drill holes.
Diagrams Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should include,
but not be limited to a plan view of drill hole collar locations
and appropriate sectional views.
• Refer to Figures in the body of text.
Balanced
reporting
Where comprehensive reporting of all Exploration Results
is not practicable, representative reporting of both low and
high grades and/or widths should be practiced to avoid
misleading reporting of Exploration Results.
• All results are reported.
Other
substantive
exploration
data
Other exploration data, if meaningful and material, should be
reported
including
(but
not
limited to):
geological
observations; geophysical survey results; geochemical survey
results; bulk samples – size and method of treatment;
metallurgical test results; bulk density, groundwater,
geotechnical and rock characteristics; potential deleterious or
contaminating substances.
• Preliminary metallurgical testwork is currently in progress at Wagga Tank – Southern Nights.
Further work The nature and scale of planned further work (eg tests for
lateral extensions or depth extensions or large-scale step-out
drilling).
Diagrams clearly highlighting the areas of possible extensions,
including the main geological interpretations and future
• The consistency, grade, and potential for extension to the intersections at Wagga Tank and
Southern Nights to date warrants further drilling to extend the mineralisation along strike
(East –West) and at depth. This drilling is currently in progress.
• Development studies at Mallee Bull remain ongoing.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

Criteria JORC Code explanation Commentary
drilling areas, provided this information is not commercially
sensitive.

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX

==> picture [156 x 61] intentionally omitted <==

TENEMENT INFORMATION AS REQUIRED BY LISTING RULE 5.3.3

NSW Granted Tenements

TENEMENT PROJECT LOCATION OWNERSHIP CHANGE IN
QUARTER
EL7519 Gilgunnia South Cobar,NSW 100%
EL7976 Mundoe Cobar,NSW 100%
EL8070 Tara Cobar,NSW 100%
EL8071 Manuka Cobar,NSW 100%
EL8105 Mirrabooka Cobar,NSW 100%
EL8112 Yackerboon Cobar,NSW 100%
EL8113 Iris Vale Cobar,NSW 100%
EL8114 Yara Cobar,NSW 100%
EL8117 Illewong Cobar,NSW 100%
EL8125 Hillview Cobar,NSW 100%
EL8126 Norma Vale Cobar,NSW 100%
EL8201 Mundoe North Cobar,NSW 100%
EL8307 SandyCreek Cobar,NSW 100%
EL8314 Glenwood Cobar,NSW 100%
EL8345 Pine Ridge Cobar,NSW 100%
EL8534 Burthong Cobar,NSW 100%
EL7461 Gilgunnia Cobar,NSW 50%
ML1361 MayDay Cobar,NSW 50%
EL6695 Wagga Tank Cobar,NSW 100%
EL7226 Wongawood Cobar,NSW 100%
EL7484 Mt View Cobar,NSW 100%
EL8414 Mt Walton Cobar,NSW 100%
EL8447 Linera Cobar,NSW 100%
EL8751 Nombinnie Cobar,NSW 100%
EL7711 RubySilver Armidale,NSW 100%
EL8326 Attunga Attunga,NSW 100%
EL8450 Beanbah Cobar,NSW 100%
EL8451 Michelago Cooma,NSW 100%
EL8656 Marigold Cobar,NSW 100%
EL8655 Brambah Cobar,NSW 100%
EL8872 Gromit Cobar,NSW 100%
EL8900 Florida Cobar,NSW 100%
EL8721 Bilpa Broken Hill,NSW 100%
EL8722 Cymbric Vale Broken Hill,NSW 100%
EL8790 Comarto Broken Hill,NSW 100%
EL8791 Devon Broken Hill,NSW 100%
EL8877 Thunderdome Broken Hill,NSW 100%

Peel Mining Limited ACN 119 343 734 Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. E: [email protected] www.peelmining.com.au ASX: PEX