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August 27, 2026 — 12:31pm
Moonlight Resources has put a modern stamp on a 160-year-old copper field, with its first drilling at the Peak Downs prospect in central Queensland returning broad, shallow mineralisation and strengthening the case for a potential resource. Peak Downs forms part of the company’s 100 per cent-owned Clermont project.
The 56-hole, 2988m reverse circulation program twinned selected old holes and filled gaps between previous drill positions. Moonlight says the results suggest strong continuity, led by 22m grading 1.26 per cent copper from surface, including 8m at 2.41 per cent from 2m.
Other hits ran 14m at 1.5 per cent copper from 52m, with 4m at 3.57 per cent from 54m and 6m at 2.64 per cent from 52m, containing 2m at a punchy 6.26 per cent from 54m. From surface, 12m at 1.42 per cent contained 2m at 3.03 per cent from 4m, while another 12-metre interval graded 1.21 per cent and featured 4m at 1.99 per cent from 6m. A wider 28-metre intercept at 0.7 per cent included 2m at 2.73 per cent from 24m.
