Peel to decline to Mallee Bull

PEEL Mining is talking to 50:50 partner CBH Resources about the funding for an exploration decline at Mallee Bull, 100km south of Cobar in New South Wales.

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No more drilling Mallee Bull from surface given planned exploration decline

While the cost of the circa-2000m long decline to a depth of about 300m wasn't disclosed, decline development typically costs in the order of A$5000/m.

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