Peak Minerals Limited (Peak or the Company) announced that a helicopter borne time domain electromagnetic and magnetic survey (HTDEM) is taking place over its Green Rocks Project, 35 km south-east of Meekatharra in Western Australia. There is currently very little airborne electromagnetic (EM) data available for the Project. Electromagnetic surveying is a pivotal next step to prioritise the large number of magmatic intrusive targets over the tenement package. The 1,272 line-
kilometre XciteTM survey will be a significant improvement on the quality and quantity of what is available. Magnetic surveys have been quite successful in identifying potential intrusive targets. Peak is confident that an EM survey will detail and prioritise these magnetics targets of Lady Alma Intrusive Complex (LAIC). Additionally, this survey will aid in the placement of more detailed ground surveys over Rixon, Lady Alma and Copper Hills. Crucially, Peak expects the survey will identify magmatic sulphides beneath the cover and map previously unidentified structures. There is significant hydrothermal overprint at the Project and gold occurrences have been reported. Having a detailed structural framework will lend confidence to interpreted gold targets.