Magnetic Surveys Commence Ahead of Maiden KSA Drilling

Key points

• High resolution UAV magnetics surveys to commence over five key targets in KSA
• Surveys cover 54km2 and ~1,400 line kms to provide high resolution magnetic data
• Data will be used to refine drill targeting for maiden KSA drilling programs

Full summary

Peako Limited (ASX: PKO) has announced the commencement of UAV magnetics surveys across key targets in its Kingdom of Saudi Arabia (KSA) projects. Five survey grids cover target areas within the Sukhaybarat South, Wadi Jarir, and Jabal Jumaymah license areas, preparing for maiden KSA drilling programs in October. The surveys will provide high-resolution data to better define structures controlling gold mineralization and refine drill targeting. Historical drilling and rock chip sampling have indicated significant gold potential in the target areas.