Peak Minerals Limited has unveiled encouraging results from its ongoing exploration at the Minta Rutile Project in central Cameroon. The company’s drilling campaign, covering a vast target area of 3,500 km² and extending a defined mineralised footprint to approximately 2,125 km², confirmed widespread heavy mineral (HM) mineralisation hosting high-grade rutile. Key technical intercepts reported include 4.0 meters at 8.0% HM from 3 meters, 5.8 meters at 3.5% HM from surface, and 5.0 meters at 3.9% HM from 4 meters. The project now counts 552 completed drill holes, with assays pending from an additional 222 holes, underscoring the consistency of HM detection across every tested hole to date. The company’s unconventional use of hand auger drilling – a technique well established in heavy mineral sands exploration – has proven effective in isolating high-value, near-surface rutile, alongside critical identification of monazite, zircon, and even traces of gold in alluvial settings. Fieldwork in the region, including detailed mapping and roadside sampling carried out by executives and technical teams, has not only validated the exploration models but has also provided visual indicators of coarse monazite and rutile nuggets. These visual cues, highlighted by a sample from a roadside extract showing about 10% monazite within the HM, add further credibility to the potential for a world-class heavy mineral discovery. Technical analysis continues with scheduled infill drilling in high-grade zones, detailed mineralogical assessments, and preliminary mining studies following industry standards. The company anticipates that the early reconnaissance results will soon be supplemented by a maiden JORC Mineral Resource Estimate, with further drilling updates and mineralogical insights expected later in the year. The programme, which remains fully funded into 2026, also includes plans for dedicated laboratory facilities in Yaoundé to accelerate analysis. Market sentiment may lean bullish given the robust and consistent intersections of high-grade HM, the significant scale of the identified mineralised system, and the full funding of upcoming exploration phases. These results are likely to attract investor interest as Peak Minerals Limited positions itself as a potential major player in heavy mineral sands, with its strategic focus on near-surface, high-grade rutile targets. Conversely, a bearish perspective is not without merit, as the exploration remains in its early stages with numerous assay results pending and the inherent risks of interpreting visual mineral grade estimates. Further detailed infill drilling and comprehensive laboratory validation are needed to confirm the overall grade continuity and the economic viability of the deposit, factors that could temper initial enthusiasm if future results do not fully meet expectations. Overall, the announcement signals a significant step forward for Peak Minerals Limited in uncovering a potentially transformative mineral discovery in a critically under-explored region, offering promising prospects along with the customary risks associated with early-stage resource exploration.