PEX 4.17% 11.5¢ peel mining limited

Running a back of the envelope calculation based on publicly...

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    Running a back of the envelope calculation based on publicly available information, we conservatively estimate the Wagga Tank project to currently contain approximately 4 million tonnes at grades around 6.2% zinc, 2.6% lead, 0.5% copper, 80 g/t silver and 0.6 g/t gold.

    We expect the 20,000 metres program to increase those numbers significantly, especially considering that to date, the very high-grade core of Southern Nights has been significantly increasing in size.
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