Peak Resources Ltd (ASX:PEK) advised that drilling operations have commenced at the Ngualla Rare Earth Project in Tanzania.
Peak Resources Limited
Peak’s goal is to generate shareholder value through:
- Development of the exciting new high-grade, low uranium and thorium Ngualla Rare Earth discovery into production
- Exploring for niobium-tantalum and phosphate at Ngualla to generate a pipeline of additional commodities
- Discovery of new gold deposits within its large, highly prospective portfolio of exploration projects in Tanzania
- Aggressive new project acquisition programmes in East Africa
Peak’s head office is located in Perth, Western Australia with an exploration office in Mwanza, Tanzania.
As outgoing Executive Chairman moving to a Non-Executive role with the commencement of Mr Darren Townsend as your Company's new Managing Director on 3rd February 2014, I am writing to thank you for the continued support you have given the Company and the Ngualla Rare Earth Project.
Peak Resources Limited (ASX:PEK) (OTCMKTS:PKRLY) is a Perth based mineral exploration and development company whose primary focus is the development of the 100% owned Ngualla Rare Earth Project in Tanzania.
Peak Resources Limited (ASX:PEK) is pleased to advise the appointment of Mr. Darren Townsend to the role of Managing Director effective 3rd February 2014.
Peak Resources Limited (ACN 112 546 700) (ASX:PEK) (Company) advises that it has extended the closing date for its current non-renounceable entitlement issue (Offer) from 13 January 2014 to 20 January 2014
Peak Resources Limited (ASX:PEK) (OTCMKTS:PKRLY) is pleased to advise that it has executed a Memorandum of Understanding (MoU) with a Chinese rare earth producer for the objective of developing the 100% Peak owned Ngualla Rare Earth Project.
Peak Resources Limited (ASX:PEK) (OTCMKTS:PKRLY) is pleased to advise that the Company dispatched today the Entitlements Issue Prospectus dated the 5 December 2013 together with personalised Entitlement and Acceptance Forms to all eligible shareholders.
Peak Resources Limited (ASX:PEK) (OTCMKTS:PKRLY) is pleased to provide a progress report on the development of the Company's 100% owned Ngualla Rare Earth Project and the key studies now nearing completion.
Peak Resources Limited (ACN 112 546 700) (ASX:PEK) (Company) advises that it intends to undertake a one (1) for five (5) pro rata non-renounceable entitlement issue (Entitlement Issue or Offer) of approximately 55,111,377 fully paid ordinary shares (New Shares) at an issue price of $0.06 per New Share to raise up to approximately $3,306,683.
Peak Resources Limited (ASX:PEK) AGM Presentation with the following Investment Highlights