In a medium saucepan over low heat combine peaches, cornstarch, water, lemon zest, lemon juice, and ½ cup sugar in a medium saucepan. Raise the heat to medium and cook until thick and bubbly, stirring often.
3. Step
Add the flour, cinnamon, nutmeg, and baking powder to a sieve and sift into a large bowl.
4. Step
In a small bowl, combine sugar, milk, vanilla extract, almond extract, and 1 tablespoon of melted butter and stir to combine.
5. Step
Pour the wet ingredients into the dry and mix well.
6. Step
Grease a 12x8 inch (30x20 cm) (4.8 quart) baking dish with the remaining butter.
7. Step
Pour the batter into the bottom of the greased baking dish and smooth into an even layer with a spatula.
8. Step
Transfer the peaches gently by placing them on top of the batter. Do not stir.
9. Step
Bake for 50 minutes to 1 hour or until golden brown.
