Peak Resources Limited is fast tracking the development of its 100% owned Ngualla Rare Earth Project in Tanzania. Ngualla is a recent discovery and is the highest grade of the large undeveloped rare earth deposits. Peak is currently developing the project to become a low cost long term rare earth producer.

Peak’s goal is to generate shareholder value through:

• Development of the high-grade, low uranium and thorium Ngualla Rare Earth discovery into production
• Exploring for niobium-tantalum and phosphate at Ngualla to generate a pipeline of additional commodities
• Discovery of new gold deposits within its prospective portfolio of exploration projects in the highly prospective Lake Victoria Goldfields area of Tanzania
• Aggressive new project acquisition programmes in East Africa
• Peak’s head office is located in Perth, Western Australia with an in-country office in Dar es Salaam, Tanzania. Peak also holds a number of gold projects in the highly prospective Lake Victoria Goldfields area of Tanzania.