About

LATEST NEWS

June 2009

  • Peko seeks investors to commence 2009 gold project.
  • May 2009

  • Peko completes independant Exec Summary listing potential resource and value
  • Meetings held with Darwin Port Corporation to secure shipping capacities
  • Expanded expressions of interest from Chinese off take partners to process complete resource in China
  • Logistics evaluation conducted by independent specialist
  • Feb 2009

  • Extensive drilling in the region discovers large gold & magnetite deposits
  • Bulk facility planned for Tennant Creek
  • Peko fully connected to power & water grid
  • WELCOME

    Coal Magnetite Plant in Tennant Creek

    Peko Rehabilitation Project Pty Ltd “Peko” is situated in Tennant Creek, Northern Territory, Australia.The “Tennant” is renowned for its wealth of resources and it has recently experienced an influx of exploration prompting a large resource boom.

    Peko originally mined its prosperous gold resources (strikes were reported as high as 8.5Kg or 300oz per tonne). However, due to the gold slump in the early 80’s the mine was abandoned leaving behind 4 million tonnes of tailings and tenements rich in Gold, Copper, Cobalt & Magnetite.

    Recently, we commissioned a pilot plant and patented a revolutionary extraction system enabling the commencement of magnetite sales to the coal washing industry. We are at present seeking international distributors for this product and seeking offtake agreements.

    Extraction of the Gold, copper & cobalt will commence as planned mid 2009 in conjunction with exploration of the tenements. It is certain both will achieve exceptional results.
    Investment

    At this early stage Peko has capacity for:

  • Joint venture investment
  • International Distribution of Coal Washing Magnetite
  • Negotiation of offtake agreements
  • Please contact us to commence dialogue.
  • PEKO REHABILITION PROJECT PTY LTD © 2008