Peel Mining Limited reported that ongoing drilling at its 100%-owned Wirlong and Mallee Bull copper deposits in NSW has returned further high-grade copper- mineralised intercepts. Resource drilling at both prospects is now paused for the Christmas/NY period, with reviews of both Wirlong and Mallee Bull resource drilling underway to determine what further infill drilling is required to increase the resource confidence for an economic study. Additional to the recently released maiden resource estimation at Wirlong, Peel expects to deliver a Mallee Bull and Wirlong resources update in March quarter 2022, as part of Peel's copper first development strategy. Wirlong and Mallee Bull are part of Peel's South Cobar Project, centred around 100km south of Cobar in Western NSW. The resource upgrade drilling is part of Peel's strategy to advance each of its deposits to mineable resources, as part of the Company's copper first development strategy. The 2021 resource estimate for Wirlong comprises 2.45Mt at 2.4% Cu, 8.7g/t Ag containing approximately 57,900t Cu, 686Koz Ag (using a AUD 90/t NSR cut-off). Refer to Peel Mining's ASX Announcement dated 29th November 2021 "High Grade Maiden Copper Resource at Wirlong" for further details.