Peak Resources has significant rare earth, niobium, tantalum and phosphate intercepts from a four-hole reconnaissance RC drilling campaign within the hard rock core zone of the Ngualla carbonatite that is more than 2.5km long. Results include 40m at 3.25pc Total Rare Earth Oxide (TREO) (TREO), 20m at 3.7pc TREO ending in mineralisation of 4m at 5.18pc TREO, 30m at 0.38pc niobium and 150ppm tantalum with hole ending in 0.34pc niobium and 165ppm tantalum, additionally with 26m at 14.7pc P2O5 and 24m at 0.39pc niobium and 128ppm tantalum with hole ending in 0.46pc niobium and 151ppm tantalum.