viewPeninsula Mines Ltd

Peninsula Mines "on the verge of really building value"

Peninsula Mines Ltd. (ASX:PSM) managing director Jon Dugdale speaks to Proactive Investors about the South Korea-focused company's advancements in base metals, as well as developments in its integrated graphite strategy.

Dugdale says, "we've been focusing on drilling a series of high-grade zinc targets over at our Ubeong project area, and [at] a recently-granted tenement we were able to uncover previous very high-grade zinc results...  essentially the discovery holes have already been drilled into this new prospect, and it's greatly encouraging, because we can now follow-up that drilling, and potentially even drill up a very high-grade zinc resource."

Elsewhere, drilling is about to commence on the company’s first graphite resource target, whilst metallurgical test work continues in parallel, as part of the company’s broader strategy of becoming a downstream-integrated  producer of spherical graphite for local lithium-ion battery manufacturers.

Quick facts: Peninsula Mines Ltd

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Market: ASX
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Peninsula Mines intersects graphite in all six initial drill holes at...

Peninsula Mines Ltd (ASX:PSM) managing director Jon Dugdale updates Proactive Investors on the South Korea-focused company's upstream and downstream activities as it works to become a leading integrated graphite producer in the country. Dugdale also discusses progress with the precious...

on 11/12/18

2 min read