Peako LtdASX: PKO

Magnetic Surveys Commence Ahead of Maiden KSA Drilling

· Issued by Peako Ltd via ASX

Filed with ASX · · 15 pages · English

Summary by 6ix AI

Peako Ltd has announced the commencement of magnetic surveys over key targets in the Kingdom of Saudi Arabia in preparation for upcoming drilling programs. The surveys will utilize high-resolution UAV technology and cover significant areas to gather detailed magnetic data. This data aims to enhance geological understanding and refine drill targeting for gold mineralization ahead of the planned drilling. Chairman Gernot Abl expressed excitement about the potential insights these surveys will provide for exploration efforts.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

1 24 August 2026 Magnetic surveys to commence on key targets in KSA in preparation for maiden drilling programs Highlights: ? High resolution UAV (Unmanned Aerial Vehicle) magnetics surveys to commence over five key targets at KSA projects ? Surveys cover 54km 2 and...

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