Peel Mining (ASX:PEX) share price lifts on high-grade copper hits

The Peel Mining Ltd (ASX: PEX) share price lifted today after the company discovered more high-grade copper hits in its Wirlong mine in western New South Wales.

At the close of trade, the Peel Mining share price was up 2% at 25.5 cents per share.

Based in NSW, Peel Mining explores and develops precious, base, and specialty metals resources. In addition to its Peel segments, which bring in the vast majority of the company’s revenue, it also has a farm-in agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC). 

The company’s drilling update today revealed that resource definition drilling at its 100%-owned Wirlong deposit had returned further broad and high-grade copper-mineralised intercepts. Wirlong is part…