Peel Mining LimitedASX: PEX

Quarterly Activities/Appendix 5B Cash Flow Report

· Issued by Peel Mining Limited

Filed with ASX · · 15 pages · English

• Highly successful $21.25 million placement and Share Purchase Plan completed at $0.085 per share. • Exploration activities ramping up, with initial drilling program completed at the Nombinnie Prospect. Assay results returned significant gold intercepts, with notable results including: o 33m @ 2.47g/t Au from 52m in NBRC002; o 26m @ 0.55g/t Au from 29m in NBRC009; o 7m @ 2.11g/t Au from 52m in NB

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