Perth, Australia (ABN Newswire) - The year saw Peak Resources Ltd. (ASX:PEK) make rapid progress in the development of its 100% owned Ngualla Rare Earth Project in Tanzania.An infill resource drilling program consisting of 130 holes for 13,600 metres was completed during the dry season between May and November 2012. Drilling focused on the [...]
Peak Resources announces the September Quarterly Activity Report for period ending 30 September, 2013, with the following highlights:Solvent Extraction Pilot Plant, ANSTO - The successful completion of the Solvent Extraction (SX) Pilot Plant program at ANSTO Minerals is a major milestone for the project, being the final step in the demonstration of [...]
Peak Resources is pleased to announce the production of the fourth and final separated high purity rare earth oxide (REO).The cerium oxide product represents the successful culmination of the Solvent Extraction Pilot Plant work that commenced in February this year at ANSTO Minerals' (Australian Nuclear Science and Technology Organisation) test [...]
Peak Resources is pleased to advise it has received $1.39 million in research and development (R&D) rebate for the 2012 and 2013 financial years. Under the Federal Government's Research and Development Tax Incentive Scheme, eligible companies which undertake R&D activities are entitled to a cash rebate of 45% of R&D expenditure incurred in [...]
Perth, Australia (ABN Newswire) - Peak Resources Ltd. (ASX:PEK) (OTCMKTS:PKRLY) wishes to provide an update on progress towards a funding transaction for the development of the Ngualla Rare Earth Project.Since announcing the termination of negotiations with a possible cornerstone investor on 18 July 2013 after insufficient progress was achieved [...]
Peak Resources is pleased to announce the successful production of the third separated high purity rare earth oxide. The lanthanum oxide was produced at the Solvent Extraction Pilot Plant currently in operation at ANSTO Minerals (Australian Nuclear Science and Technology Organisation) from a bulk sample of mineralisation from the company's [...]
Peak Resources is pleased to report advances made during the June Quarter 2013 towards the development of the Company's 100% owned Ngualla Rare Earth Project in Tanzania. Ngualla is on schedule to become the next major rare earth supplier with high grade mineralisation and a simple, proven metallurgical process supporting a low cost [...]
Peak Resources wishes to advise the market that it has terminated negotiations with the potential cornerstone investor as per the company's announcement on 23rd April 2013. This announcement outlined the Company's entry into a non-binding Memorandum of Understanding (MoU) with a prospective funding partner. Negotiations to complete a binding formal [...]
Peak Resources is pleased to announce the successful production of the second separated high purity rare earth oxide. The neodymium - praseodymium oxide was produced from a bulk sample of mineralisation from the Company's 100% owned Ngualla Rare Earth Project in Tanzania. The successful production is an important milestone as this high value [...]
The Directors of Peak Resources are pleased to provide an update on the negotiations currently underway with a significant Cornerstone Investor. As announced on 22 April 2013, Peak entered into a non-binding Memorandum of Understanding ('MOU') for a transaction that will provide funding for the on-going development of the Ngualla Rare Earth [...]
Peak Resources is pleased to announce reductions in both operating and capital costs at its 100% owned Ngualla Rare Earth Project in Tanzania. Peak has updated the December 2012 Scoping Study and preliminary economic assessment to reflect the significant improvements in costs and option to increase production as a result of recent positive [...]
Peak Resources is pleased to announce that it has today completed a placement, to sophisticated or professional investors, for the issue of approximately 20.8 million fully paid ordinary shares to raise $2.5m.
