Peel Exploration has secured six key project areas representing about 600 km2 of granted tenure. The Company's portfolio of 100% owned exploration licences comprises of:

Attunga Project - EL6883 & EL6884, containing numerous historic prospects including the Attunga Tungsten Deposit. The Attunga Project represents an Intrusive-Related Gold System.

May Day - Gilgunnia - ML1361 & ELA3776 contains the May Day gold-base metal deposit (located on a 100 hectare mining lease), and the historic Gilgunnia goldfield. The May Day deposit, a structurally controlled volcanogenic massive sulphide (VMS) system, is a classic analogue for Cobar-style precious and base metal mineralisation.  

Dungowan Prospect - EL6613 contains five historic copper mines and workings. High grade copper mineralisation was reported from the Fishers copper mine (operated by a private syndicate in the late 1960's) with 2,643 tonnes of ore extracted at an average grade of 13.4% copper.

Armidale Prospect - EL6722 contains several historic silver mines along with numerous gold, antimony, tungsten and molybdenum workings. The area also hosts a large untested gravity anomaly which will receive exploration priority.

Mt Tennyson East - EL7272 contains the historic Kirk and Wades Kirk and Wades tungsten-molybdenum prospect (also known as Stony Creek). This prospect reputedly occurs on the equivalent skarn horizon as the nearby Mount Tennyson molybdenum deposit (1.4Mt at 0.11% Mo) and minimal modern exploration has been completed.

Yerranderie - EL7356 contains the historic Yerranderie silver field area. Literature searches indicate that substantial amounts of silver-lead-gold mineralisation remain present in surface waste and tailings dumps at Yerranderie. Peel plans to investigate the potential to retreat and remediate the Yerranderie environs.