Saudi Arabian Gold Projects
A front-row position in a newly opened gold frontier
Peako has agreed to acquire a 100% interest in a portfolio of drill-ready gold exploration projects in Saudi Arabia’s Central Arabian Gold Region, an under-explored, highly endowed district with multiple immediate targets and district-scale discovery potential.
Portfolio
Six projects in the heart of an emerging gold region
862 km²
PROJECT AREA
6
PROJECTS
10
EXPLORATION LICENCES
<65 km
FROM OPERATING MINES
The portfolio combines historical high-grade intercepts, walk-up drill targets and a broader pipeline of under-tested prospects. All six project areas lie within 65 km of operating gold mines, including positions near the approximately 2 Moz Sukhaybarat and 3.4 Moz Bulghah gold mines.
Peako’s six project areas in the Central Arabian Gold Region: Sukhaybarat South, Wadi Ash Shuwayla, Jabal Jumaymah, Ad Dirabi, Wadi Jarir and Bulghah East.
FLAGSHIP PRIORITY PROJECT
Sukhaybarat South
Bordering the approximately 2 Moz Sukhaybarat gold mine, the project contains three priority prospects across the same host rocks and structural setting as the adjacent operation.
Sukhaybarat South, Western, Central and Eastern prospects.
- Western Prospect: historical RC drilling returned 4m at 11.32 g/t Au and 5m at 5.6 g/t Au, with mineralisation open for follow-up.
- Central Prospect: a 600m quartz-vein outcrop with historical rock-chip results up to 4.84 g/t Au.
- Eastern Prospect: more than 7km of untested gold-in-soil anomalism across the same geology and structural setting as the Sukhaybarat mine.
PRIORITY DRILL TARGET
Jabal Jumaymah
High-grade outcrop with significant historical drill intersections
- Over 1km outcropping mineralisation with rock chips up to 41 g/t Au
-
Sparse scout drilling at northern end of outcrop intersected wide high-grade zones including:
- 7m @ 10.12 g/t Au from 18m
- 10.9m @ 2.06 g/t Au from 16.1m
- 7m @ 5.44 g/t Au from 10m
- Outcropping mineralisation extends for over 1km across large untested area
- Immediate RC drilling planned to test outcropping mineralization and extensions to historical intercepts
- Mapping, magnetics to define new targets across broader 2km x 2km zone of anomalism.
More than 1km of outcropping mineralisation has returned historical rock-chip results up to 41 g/t Au. Sparse scout drilling at the northern end intersected 7m at 10.12 g/t Au from 18m, 10.9m at 2.06 g/t Au from 16.1m and 7m at 5.44 g/t Au from 10m. Large sections of the mineralised trend remain untested.
PRIORITY DRILL TARGET
Wadi Jarir
Wide gold intercepts open from first-pass drilling
- First-pass RC results not followed up due to expiry of prior licence
-
Best hole at end of fence line, ended in wide mineralisation, open along strike and down dip:
- 26m @ 0.70 g/t Au from 13m
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High grade mineralisation intercepted at end of hole:
- 2m @ 13.53 g/t Au from 38m incl. 1m @ 25.88 g/t Au in last metre of hole (39-40m)
- Prospect barely tested by wide-spaced and shallow drilling (800m line spacing, 40m depth)
- Significant aircore drill anomalies untested
- Immediate RC drilling planned to test mineralisation along strike and down dip from prior drilling
Historical first-pass drilling returned 26m at 0.70 g/t Au from 13m. The hole ended in high-grade mineralisation, including 2m at 13.53 g/t Au from 38m and 1m at 25.88 g/t Au in the final metre. Mineralisation remains open along strike and down dip, while significant aircore anomalies remain untested.
EMERGING EXPLORATION TARGET
Ad Dirabi
Ancient gold mine hosted within an untested intrusive system
- Gold-bearing diorite intrusion on a dilational faulted contact
- Worked historically as an ancient gold mine
- At least five parallel ENE quartz veins, each up to 300m long, identified as part of a likely sheeted vein system – a mineralisation style with multi-million-ounce potential
-
High-grade gold in historical rock chips reported in US Geological Service reports
- 33.6 g/t Au 4.3 g/t Au 3.4 g/t Au
- Magnetics suggests another major intrusion in the south of the Project area, associated with historically recorded Cu occurrences – a further target
- Mapping and sampling planned – project completely undrilled
Ad Dirabi contains an ancient gold mine associated with a gold-bearing diorite intrusion. At least five parallel quartz veins, each up to 300m long, form a likely sheeted-vein system. Historical US Geological Survey rock-chip results include 33.6 g/t Au, 4.3 g/t Au and 3.4 g/t Au. The project is undrilled.
DISTRICT-SCALE EXPLORATION TARGET
Bulghah East
A 10km gold-in-soil anomaly on a parallel structure to the Bulghah mine
- 14km east of 3.4Moz Bulghah gold mine
- Untested gold in soil anomalism extending over 10km
- On a major regional structural trend parallel to that hosting Bulghah
- Mapping, magnetics & infill soil sampling planned to define drill targets
Located 14km east of the approximately 3.4 Moz Bulghah gold mine, Bulghah East hosts an untested gold-in-soil anomaly extending for more than 10km along a major regional structural trend parallel to the structure hosting Bulghah.
PORTFOLIO GROWTH PIPELINE
Wadi Ash Shuwayla
Wadi Ash Shuwayla forms part of Peako’s six-project Saudi Arabian gold portfolio in the Central Arabian Gold Region. The project adds further prospective ground to a district-scale position located within 65km of operating gold mines.
Wadi Ash Shuwayla is shown northwest of Jabal Jumaymah within Peako’s portfolio.
2026 EXPLORATION FOCUS
A targeted program across multiple prospects
- Extend known intercepts at Sukhaybarat South, Jabal Jumaymah and Wadi Jarir.
- Test new targets at Sukhaybarat South Central Prospect and the Jabal Jumaymah outcrop.
- Advance new drill targets through mapping, magnetics and infill soil sampling across the broader portfolio.
A NEWLY OPENED GOLD FRONTIER
Why Saudi Arabia
Saudi Arabia is building a globally significant mining industry. Peako’s portfolio sits within the Arabian Shield, an extensive gold-bearing geological province with ancient crust and orogenic gold systems comparable to productive regions in Western Australia and West Africa.