AUSTRALIA PEAK GOLD of Vancouver has completed the purchase of the Peak mine in New South Wales. The mine was acquired from Vancouvers GOLDCORP for US200 million.
The Peak mine milled 658,000 t of ore in 2006, producing 122,600 oz of gold and 6,951 lb of copper. Cash costs were US$215/oz of gold. Details about the operation and geology of the project are posted at www.PeakGold.com.