Peak Nickel Limited (“PNL” or the “Company”) is pleased to provide an update on exploration activities at Rodburn, the highest-grade battery metals project in the UK, where the 2024 drill programme is now underway.

During 2023 the Company conducted an 18-hole 2,600m drill programme to test the areas around historically identified, non-compliant mineral resources (for more details refer to PNL press releases dated 21st February 2024 and 2nd March 2024). As a result, a new Mineral Resource Estimate was defined as outlined below.