Peel Mining completed a nine-hole exploratory drill program at their Ambergris prospect.
The program comprised 2,574m of drilling and found significant lead-zinc-copper mineralisation.
While assays are still pending, visual geological logging and analysis using a portable XRF have confirmed strong zones of mineralisation.
The drilling completed thus far is at wide drill hole spacing and has shown promising results, with solid mineralisation found in two of the drill holes.