2022_11_10_PEK_NR_Aida Property update
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
PEAK MINERALS LTD.
615 – 800 West Pender Street
Vancouver, British Columbia
V6C 2V6
Peak Minerals Exploration Commences on Aida Property, B.C.
Vancouver, British Columbia, November 10, 2022: Peak Minerals Ltd. (the "Company" or "Peak
Minerals") (CSE: PEK) is pleased to announce that the Company has commenced the Phase 2
exploration program on the Aida, British Columbia property, part of which is outlined in the NI 43-101
Technical Report filed with the Prospectus and Listing completed in September of 2022.
Current groundwork consists of geological rock sampling and geochemical sampling, as well as the
collection of petrographic samples on the underexplored eastern portion of the claim group.
A magnetometer drone survey which will cover the entire claim group is planned for January 2023.
About Peak Minerals Ltd.
Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral
property assets in Canada. Its objective is to locate and develop economic precious and base metal
properties of merit and to conduct its exploration on the Aida Project. The Aida Property consists of
5 mineral claim s covering an area of 2 ,335.42 ha located on the Shuswap Highland within the
Kamloops Mining Division.
For more information, please refer to the Company's prospectus dated July 8, 2022, available on
SEDAR (www.sedar.com).
On Behalf of the Board of Directors
“Gary Musil”
Gary Musil
Chief Executive Officer and Director
For further information, please contact:
Gary Musil
Chief Executive Officer and Director
(604) 787-7356
Email: [email protected]
Forward-Looking Statements:
This news release includes certain forward -looking statements and forward -looking information (collectively,
"forward-looking statements") within the meaning of applicable Canadian securities legislation.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to differ materially from any future results,
performance or achievements expressed o r implied by the forward -looking statements. Such risks and other
factors include, among others, statements as to the anticipated business plans and timing of future activities of
the Company, including the Company's option to acquire the Aida Project, th e proposed expenditures for
exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities
and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities
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Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, risks
relating to epidemics or pandemics such as COVID –19, the Company's limited operating history, currency
fluctuations, title disputes or claims, environm ental issues and liabilities, as well as those factors discussed
under the heading "Risk Factors" in the Company's prospectus dated July 8, 2022, and other filings of the
Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile
on the SEDAR website at www.sedar.com.
Readers are cautioned not to place undue reliance on forward -looking statements. The Company undertakes
no obligation to update any of the forward-looking statements in this news release except as otherwise required
by law.