Peel Mining Limited announced that it has completed the acquisition of its former joint venture partner's (CBH Resources Limited) 50% interest in the Mallee Bull Project to take Peel's ownership of the project to 100%. Ministerial approval for the transfer of titles (the final condition precedent to the sale) was received recently, with cash consideration of $17 million paid to CBH Resources as settlement shortly thereafter (in accordance with the terms of the purchase and sale agreement). Accordingly, the Mallee Bull Joint Venture is now formally dissolved delivering Peel complete managerial independence. Following this, and Peel recently also regaining full ownership of the Wirlong copper deposit, the Company has moved to 100% legal ownership of its entire Cobar Basin tenement package, whilst also pivoting the Company to copper as its primary metal of economic focus.