High-Impact Gold and Mineral Exploration
Peako Limited (ASX:PKO) is a mineral explorer with gold exploration projects in the Kingdom of Saudia Arabia (KSA)
Peako also has exploration projects in the Kimberley region of Western Australia.
Peako’s KSA portfolio comprises six projects covering approximately 862km² in the Central Arabian Gold Region (Figure . All Projects are located within 65km of operating multi-million-ounce gold mines, including positions neighbouring the Sukhaybarat (~2 Moz) and Bulghah (~3.4 Moz) mine areas.
The portfolio contains a combination of drill-ready targets for immediate testing and earlier-stage prospects offering further discovery potential across a larger footprint. This combination provides Peako with both near-term catalysts through drilling and a longer-term pipeline of opportunities.
Saudi Arabia hosts a Tier-1 gold endowment within the Arabian–Nubian Shield, sharing comparable geology with leading global gold provinces like Western Australia, West Africa, and Canada. Despite already hosting 15 multi-million-ounce deposits, the region remains largely underexplored, having historically been dominated by a single state-affiliated operator. With resource growth accelerating – reaching ~36 million ounces defined, including 20% growth in 2025 alone – Saudi Arabia presents a rare early-stage discovery frontier.
Historical regional-scale reconnaissance work and wide-spaced drilling provide a high-quality pipeline of targets and a springboard for systematic discovery.
Peako holds a multi-commodity exploration package in the East Kimberley region of Western Australia.
The project areas are situated within the Halls Creek Orogen, an-established mineral province characterised by diverse geological settings that have supported the development of multiple mineralisation styles. The region remains under-explored in areas of structural complexity and cover, highlighting the opportunity for modern systematic exploration to refine targets and enhance geological understanding.
