Peak Minerals Limited has announced breakthrough exploration results from its Minta Rutile Project in central Cameroon. Recent reconnaissance drilling across residual and alluvial zones has expanded the known heavy mineral (HM) mineralisation area to nearly 1,500 square kilometres, with an average intercept depth of 4.1 metres. The drilling campaign, comprising 452 completed holes with assay results pending from an additional 174, has recorded consistent HM mineralisation and rutile across all holes, underscoring the project’s potential in one of the world’s most significant rutile-dominant regions. Technical highlights from the program include outstanding alluvial intercepts such as 3.85 metres at 18.4% HM and 4.75 metres at 14.2% HM in the Afanloum area, along with intercepts of up to 5 metres at over 10% HM at both Minta and Minta Est. The exploration strategy has utilised cost-effective hand auger drilling, validated as a reliable method for targeting shallow, deflation-concentrated mineralisation, and is now moving toward targeted infill drilling to confirm grade continuity across the area. The detailed results, spanning intercept lengths, HM percentages, and robust QA/QC protocols, form the early foundation for a maiden Mineral Resource Estimate expected in 2026. With an aggressive reconnaissance campaign now complete over broad drill spacings and the next phase aimed at delineating higher-grade zones, the company’s management is actively on-site to progress the exploration programme further. The news presents a bullish scenario for investors, with every drilled hole confirming HM mineralisation and a notable expansion of the project’s footprint. The high-grade alluvial intercepts, combined with the strategic use of low-cost drilling techniques, suggest significant upside potential. However, caution is warranted from a bearish perspective, as the early-stage results remain subject to further infill drilling and detailed resource estimation, with additional assay results still pending. Investors must consider the inherent risks of exploration and the uncertainties of converting these promising indications into a fully defined asset.