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WIDE HIGH GRADE DRILL RESULTS FROM SURFACE AT NGUALLA RARE EARTH PROJECT

Peak Resources announce several new high grade rare earth mineralised intersections from surface at its 100%-owned Ngualla Rare Earth Project, the fifth largest rare earth project in the world outside of China.

Ngualla Drilling Program 2012 (Southern Rare Earth Zone)
Assay results received from ten new drill holes in the central bastnaesite core of the Southern Rare Earth Zone include several high grade intersections mineralised from surface to the end of hole:

NRC169: 180m at 3.94% REO from surface to end of hole

NRC172: 130m at 4.29% REO from surface to end of hole

NRC176: 140m at 5.21% REO from surface to end of hole

NRC177: 20m at 4.01% REO from 28m including
14m at 5.16% REO from 30m

NRC178: 36m at 2.82% REO from surface and
34m at 3.84% REO from 48m

<blockquote data-quote="springhill" data-source="post: 721800" data-attributes="member: 9415">WIDE HIGH GRADE DRILL RESULTS FROM SURFACE AT NGUALLA RARE EARTH PROJECTPeak Resources announce several new high grade rare earth mineralised intersections from surface at its 100%-owned Ngualla Rare Earth Project, the fifth largest rare earth project in the world outside of China.Ngualla Drilling Program 2012 (Southern Rare Earth Zone)Assay results received from ten new drill holes in the central bastnaesite core of the Southern Rare Earth Zone include several high grade intersections mineralised from surface to the end of hole:NRC169: 180m at 3.94% REO from surface to end of holeNRC172: 130m at 4.29% REO from surface to end of holeNRC176: 140m at 5.21% REO from surface to end of holeNRC177: 20m at 4.01% REO from 28m including14m at 5.16% REO from 30mNRC178: 36m at 2.82% REO from surface and34m at 3.84% REO from 48m</blockquote>

[QUOTE="springhill, post: 721800, member: 9415"] [B]WIDE HIGH GRADE DRILL RESULTS FROM SURFACE AT NGUALLA RARE EARTH PROJECT[/B] Peak Resources announce several new high grade rare earth mineralised intersections from surface at its 100%-owned Ngualla Rare Earth Project, the fifth largest rare earth project in the world outside of China. Ngualla Drilling Program 2012 (Southern Rare Earth Zone) Assay results received from ten new drill holes in the central bastnaesite core of the Southern Rare Earth Zone include several high grade intersections mineralised from surface to the end of hole: NRC169: 180m at 3.94% REO from surface to end of hole NRC172: 130m at 4.29% REO from surface to end of hole NRC176: 140m at 5.21% REO from surface to end of hole NRC177: 20m at 4.01% REO from 28m including 14m at 5.16% REO from 30m NRC178: 36m at 2.82% REO from surface and 34m at 3.84% REO from 48m [/QUOTE]

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