Peel Mining Limited announced final assays returned from Wirlong resource growth drilling include: 9m @ 2.04% Cu, 16g/t Ag from 188m (WLDD072); and 4m @ 3.95% Cu, 18g/t Ag from 245m. 11m @ 2.51% Cu, 7g/t Ag from 424m (WLDD074); and 67m @ 1.35% Cu, 3g/t Ag from 478m; including 15.15m @ 3.15% Cu, 6g/t Ag from 502m; and 9m @ 2.01% Cu, 4g/t Ag from 624m. 82m @ 2.07% Cu, 5g/t Ag from 425m (WLDD077) including 20m @ 3.73% Cu, 9g/t Ag from 438m and 8m @ 5.26% Cu, 12g/t Ag from 476m and 4m @ 3.65% Cu, 8g/t Ag from 582m.

23m @ 1.72% Cu, 4g/t Ag from 368m (WLDD078) including 6m @ 5.08% Cu, 10g/t Ag from 379m. 15m @ 6.79% Cu, 19g/t Ag from 240m (WLDD079) including 7m @ 13.36% Cu, 38g/t Ag from 240m; 70m @ 1.72% Cu, 8g/t Ag from 308m (WLDD082) including 7m @ 2.12% Cu, 12g/t Ag from 319m and 12m @ 4.31% Cu, 18g/t Ag from 351m and 7m @ 2.13% Cu, 4g/t Ag from 471m. 7.56m @ 1.47% Cu, 3g/t Ag from 436.44m (WLDD083).

62m @ 1.02% Cu, 5g/t Ag from 312m (WLDD084) and 19m @ 2.71% Cu, 5g/t Ag from 424m including 6.6m @ 5.82% Cu, 10g/t Ag from 428.4m. South Cobar Project mineral resource estimate update anticipated this quarter. Results provide improved geological confidence and understanding.

Final assays have been returned for the current phase of resource growth diamond drilling at Wirlong. As previously reported, diamond drilling at Wirlong commenced in April 2022 with 38 drillholes successfully completed for ~20,813m. These results along with the results from earlier drilling at Mallee Bull will be incorporated into the resource update for the South Cobar Project, which is anticipated to be finalised in the coming weeks.

The Company is also incorporating these results into its Wirlong geological model to enable it to prioritise exploration targeting for future growth of the Wirlong mineral resource.