August 4, 2010

Projects

 Paterson Province, Western Australia

Peako’s Paterson Province Projects; the Sunday Creek and Mount Sears initiatives, comprise a ~403km2 tenement package in the Rudall River area of the Paterson Province of Western Australia. The Paterson region is well known for its gold, base metals and uranium potential, hosting Australia’s fifth largest uranium deposit at Kintyre.  Uranium occurrences are known in both the Sunday Creek and Mount Sears prospects. Both prospects are considered polymetallic.

Peako’s tenement package comprises four tenements, one of which is the granted Exploration Licence E45/3278, and three at the applications stage. They were the cornerstone of Peako’s portfolio of mineral assets when it first listed on ASX as Raisama Limited in 2009.

Figure 1 Paterson Province Projects Location Map

Peako’s Paterson Province tenement package is shown  below.