Perth, Australia (ABN Newswire) - Peak Resources Ltd (ASX:PEK) is pleased to advise the market that the Company has entered into a non-binding Memorandum of Understanding (MOU) for a transaction which will see the Ngualla Rare Earth Project fully funded through to production.
Peak Resources is rapidly progressing the development of its 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 operation. Activity highlights this Quarter include:
WEST PERTH, AUSTRALIA -- (Marketwired) -- 04/04/13 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) is pleased to report a revised Mineral Resource estimate for the Ngualla Rare Earth Project in southern Tanzania. The new estimate incorporates the 13,600m of additional drilling completed in 2012 and is reported [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 03/13/13 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) today announced that ANSTO Minerals (Australian Nuclear Science and Technology Organisation) has completed preparation of feed material for the Ngualla solvent extraction (SX) Pilot Plant. The ability to produce separated [...]
Revised Economic Assessment Will Be Completed in Q2 2013WEST PERTH, AUSTRALIA -- (Marketwire) -- 03/06/13 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) today announced further improvements to beneficiation processes for the Ngualla Rare Earth Project in Tanzania. The ability to concentrate mineralisation at an early [...]
Company Is Fast Tracking Development of Its Low Cost Ngualla Rare Earth ProjectWEST PERTH, AUSTRALIA -- (Marketwire) -- 01/24/13 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY), the developer of a potentially low cost, long term rare earth project in Tanzania, today issued a report discussing achievements over the [...]
Peak Resources, the developer of a potentially low cost, long term rare earth project in Tanzania, today announced it has received final assay results for its 100%-owned Ngualla Rare Earth Project. Additionally, it has entered into agreements with two groups in Asia to assist in identifying and securing strategy funding partners for its Ngualla [...]
Peak Resources Limited today announced that a webcast discussing the highlights of the scoping study results for its 100%-owned Ngualla Rare Earth Project in Tanzania is now available.
Peak Resources is pleased to provide an update on results received to date from the 2012 drilling program and report additional new high grade drill results from its 100%-owned Ngualla Rare Earth Project in Tanzania. The 2012 program of 13,600m of RC and diamond drilling in the priority area of the Southern Rare Earth Zone targeted for first [...]
Peak Resources Limited, is pleased to announce the completion of the scoping study, including preliminary economic assessment on its 100% owned Ngualla Rare Earth Project in Tanzania. The Company is extremely encouraged by the confirmation of high returns, low cash costs, and the low capital cost required to bring the project into production.
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/29/12 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY), the developer of a potentially low cost, long term rare earth project in Tanzania, today announced that it has developed a process to physically upgrade the rare earth mineralization from its Ngualla Project in Tanzania [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/15/12 -- Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY), the developer of a potentially low cost, long term rare earth project in Tanzania, today announced positive results from metallurgical testing of rare earth mineralization samples from its 100%-owned Ngualla Rare Earth [...]
