Stock Exchange Listing: ASX: PSM
Commodity: Graphite | Zinc | Gold | Lithium
Market Cap: A$13M; Cash A$2M
Stage of Production: Explorer
Peninsula Mines Ltd is an Australian listed company focused on the exploration and development of the exceptional mineral potential of South Korea. The Company has established and is growing a portfolio of highly prospective graphite, lithium, gold-silver and zinc-polymetallic projects in South Korea which complement the demands of the country’s high-tech industry to enable offtake partnerships.
Plans & Latest Developments:
Peninsula covers a broad spectrum of commodities with it’s numerous South Korean Projects, including, gold, zinc, graphite and lithium. With advanced high-tech industry, such as lithium-ion battery manufacture, and an underdeveloped mining industry in South Korea, Peninsula intend to be at the forefront of mine development to enable in-country off-take agreements to supply local industry. This will be achieved by rapid development of Peninsula’s core projects, namely Osu Gold, where diamond drilling is scheduled in early 2017 to explore beneath historical adits; Yongwon Graphite, for which 2017 diamond drilling is expected to delineate a maiden Inferred Resource; and Ubeong Zinc-Silver, where ongoing soil sampling and ground geophysics are being extended to cover a mineralised district and define drill targets for diamond drilling in 2017.
Board of Directors / Management:
- Chairman – Phillip Jackson
- Managing Director – Jon Dugdale
- Executive Director – Danny Noonan
- Non-Executive Director – Martin Pyle
- Company Secretary – Ric Moore
- Aurora Minerals Limited, Directors and Managers
Why should investors invest in you?
Peninsula Mines is seeking to establish market links and encourage investment from within the South Korean high-tech manufacturing industries that currently import commodities such as lithium, graphite, zinc and gold. Lithium-ion battery manufacturers, for example, may not be aware of the mineral potential located within South Korea. Peninsula is also seeking to establish market links within the Asian mineral processing industry.
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