Peak Resources Limited (ASX:PEK) Appoints Mr. Dave Hammond As Executive Technical Director

Peak Resources Limited (ASX:PEK) is pleased to advise that Mr. Dave Hammond has been appointed to the Board of the Company as Executive Technical Director with immediate effect.

David holds an MSc in Mineral Exploration from the Royal School of Mines, Imperial College London, a BSc(Hons) from the University of Wales and is a member of AusIMM.

Mr. Hammond, 45, has over 22 years technical and management experience. Prior to joining Peak David was Exploration Manager with De Grey Mining Limited (ASX:DEG) (PINK:DGMLF) working on projects in the Pilbara and new project acquisitions globally. His previous experience also includes Exploration Manager for Sons of Gwalia in NE Goldfields in Western Australia and Project Geologist with Billiton/Glencor in South Africa and Zambia in a range of commodities and geological deposit styles.

The Company is pleased to have secured a person of David's background and experience in a wide range of deposit styles in Africa, Brazil and Australia. The Board believes that this will enable him to make a positive contribution in guiding the Company's exploration programmes in Tanzania and Australia.

With the appointment of Mr. Hammond now completed, Mr. Price will retire as a director of the Company.

About Peak Resources Limited

Listed on the Australian Stock Exchange (ASX:PEK) in November 2006 and based in Perth, Western Australia, Peak Resources Limited is developing the Ngualla Rare Earths Project in southern Tanzania. Peak also holds a number of gold projects comprising a mix of brownfield, greenfield and advanced exploration prospects in the highly prospective Lake Victoria Goldfields area of Tanzania.

Peak’s goal is to generate shareholder value through:

- Development of the exciting new 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 large, highly prospective portfolio of exploration projects in Tanzania

- Aggressive new project acquisition programmes in East Africa

Peak’s head office is located in Perth, Western Australia with an exploration office in Mwanza, Tanzania.

 

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