The Cobar Field Deposits
Peak Gold Mines holds extensive exploration tenements in the Cobar region. The exploration aim is to explore within a 100 kilometer radius of the mine for both oxide and sulphide deposits that will supplement the current mill feed. Peak Gold Mines has adopted the following approach:
1. Near mine exploration along strike and down dip of the Peak, Perseverance, New Occidental, New Cobar and Chesney orebodies.
2. Regional exploration within a 100kilometer haulage distance of the Peak mill.
3. Participation in the Predictive Mineral Discovery collaborative research project between inustry, university and government to construct a comprehensive 3D model of the Cobar region through the intergration of high definition gravity, magnetic and geologic data to identify, proiritize and test concealed exploration targets with characteristics similar to the known ore deposits in the Cobar Gold Field.