North Peak Resources Ltd. announces results from the first phase of sampling of surface workings on its Prospect Mountain property. As part of a surface mapping project, some of the dumps, numerous surface shafts, adits and scrapes were assayed. Highlights: Of the total of 77 rock chip and grab samples, the samples averaged, 2.42 g/t Au, 76.2 g/t Ag, 0.38% Cu, 1.06% Pb, 1.33% Zn. The highest-grade gold sample assayed 33.9 [...]
North Peak Resources Ltd. reports that it has drilled its first deep core hole at Prospect Mountain and that a BHEM survey is being undertaken to identify potential locations for further wedge drilling. This first hole NPR23-01 in Phase 1 of North Peak's program was 3,250 feet in length and targeted the roughly 2 kilometre conductive anomaly, located directly beneath the old oxide gold, silver, lead and zinc historical [...]
North Peak Resources Ltd. launched its drilling campaign this week at its Prospect Mountain property in Eureka, Nevada following completion of planned geophysical surveys and geochemical sampling programs and the receipt of necessary approvals. These surveys and sampling programs were undertaken over the summer months to define both surface and underground drilling targets across the potential CRD and Carlin style [...]
North Peak Resources Ltd. has now completed the comprehensive geophysical surveys and geochemical sampling programs planned for its Prospect Mountain property. Prospect Mountain has hosted many of the historic mining operations of the Eureka camp, on both its eastern and western flanks. The Company completed over the summer months soil sampling, magnetotelluric and gravity survey exploration programs to define drilling [...]
North Peak Resources Ltd. announces the grant of incentive stock options to acquire a total of 525,000 common shares of the Company at an exercise price of $1.53 per share, with such options to vest as to one-half immediately and the remaining one-half on the first-year anniversary of the date of grant. The options expire five years from the date of grant. Of these options, 450,000 were granted to directors of the Company [...]
North Peak Resources Ltd. has completed key commercial advances incorporated in its acquisition of the Prospect Mountain, announced by the Company on May 4, 2023. As required by the acquisition terms, a Nevada LLC named "North Peak Gold LLC" has been formed, with the Company's Nevada subsidiary Ltd. holding an initial 80% interest and Solarljos LLC holding the remaining 20% interest. The mining claims and rights and [...]
www.northpeakresources.com TSX Venture: NPR North Peak Resources Ltd. announces results from the recently completed Magnetotelluric helicopter geophysical survey on its Prospect Mountain property in Eureka, Nevada . This work program was undertaken in May and June alongside other geophysical surveys, which included a ground gravity and drone magnetic survey, and geochemical sampling programs consisting of underground [...]
www.northpeakresources.com TSX Venture: NPR North Peak Resources Ltd. announces partial assay results from one of two core drill holes drilled in 2017 from surface at the Prospect Mountain Mine complex in Eureka, Nevada and which have now been partially assayed. Highlighted results for this hole include: 14.9 g/t Au, 227 g/t Ag, 0.9% Pb and 0.55% Zn over 1.2 m from 444.0 m downhole, which included *49 g/t Au, 579 g/t Ag [...]
North Peak Resources Ltd. announces that it has filed a 43-101 Technical Report in respect of the Prospect Mountain Mine complex that it recently acquired , which Technical Report summarizes and reviews the historical and most recent work conducted at the Property and provides an independent evaluation of the exploration potential of the Property. This Technical Report makes recommendations for further work to explore for [...]
North Peak Resources Ltd. announces that it has completed its previously announced non-brokered private placement for aggregate gross proceeds of CAD$2 million. In connection with the Private Placement, 2,272,727 common shares of the Company were issued at a price of CAD$0.88 per Common Share. The Company also announces that it has launched a range of work programs on the Prospect Mountain Mine complex located in the [...]
www.northpeakresources.com TSX Venture: NPR North Peak Resources Ltd. has received final acceptance from the TSX Venture Exchange for its acquisition of the Prospect Mountain Mine complex from Solarljos LLC and Gullsil LLC of Nevada . This former silver, gold, lead and zinc producing underground mine complex is located in the Battle Mountain Eureka trend in an area known as the Southern Eureka Gold Belt district of [...]
www.northpeakresources.com TSXVenture: NPR North Peak Resources Ltd. announces it has executed a binding, definitive agreement dated effective May 2, 2023 with Solarljos LLC and Gullsil LLC of Nevada and their respective members, for the acquisition of the Prospect Mountain Mine complex located in the Eureka district of Nevada . The Property is located in Nevada's Battle Mountain Eureka trend, in an area known as the [...]
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