Peako's Eastman Project assay results

Peako (ASX:PKO) has released assay results from rock chip samples at their Eastman Project. The findings highlight significant concentrations of precious and base metals. The site visit, conducted by new management in September 2024, aimed to verify earlier sampling and recent geological mapping.

Overview of Peako's strategic exploration update

Peako's recent announcement highlights the promising assay results from their Eastman Project, with significant concentrations of copper, silver, lead, and other metals. The site visit verified previous findings and incorporated recent geological mapping by Dr. Dave Selley. Situated in the East Kimberley region, the Eastman Project focuses on tenement E80/4990, known for its VMS mineralization. The company plans to use these findings to refine their exploration strategy, assessing new targets and integrating historical data with new insights. Peako aims to further explore untested copper and gold targets, enhancing their exploration programs with these valuable findings.

Executive commentary on Peako's findings

The assay results from the Eastman Project are very encouraging and validate our management team's strategy to revisit and assess the historical data in conjunction with new geological insights.