North Peak Resources announces that drilling at the Prospect Mountain North area has progressed and is now moving to the West side of the mountain within the Prospect Mountain Property in Eureka, Nevada. The drill has finished the preliminary testing of the Industry and Silver Connor fault network and is now targeting the Duke, Banner and Silver Connor fault system in the Wabash area, where there are multiple historical [...]
North Peak Resources announces the grant of incentive stock options to acquire a total of 200,000 common shares of the Company at an exercise price of $1.00 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, 100,000 were granted to the Chief Financial Officer [...]
North Peak Resources Ltd. announces that drilling is underway at its Prospect Mountain North area, with the first hole to be drilled now completed. The roughly 10,000 foot r/c drill campaign is targeting former near surface, high grade gold mines in the northern area of the Prospect Mountain Property in Eureka, Nevada. Drilling of some 20 holes will take place from the Wabash/Williams mine area, Industry Tunnel, Duke and [...]
North Peak Resources Ltd. announces that a drill has been mobilized to Prospect Mountain North area within the Prospect Mountain Property in Eureka, Nevada and drilling will commence this week. In preparation for the drill program, the Company completed a further rock chip sampling campaign in April 2024 that focused on the infrastructure of the historical mines that exist in the area. Highlights of that rock chip [...]
North Peak Resources Ltd. is finalizing plans for its upcoming drilling campaign on its Prospect Mountain Property in Eureka, Nevada which is expected to consist of up to 15,000 feet of R/C drilling with 20-30 holes targeting the gold zones on patented claims in the Wabash and Delaware/Madrid areas located in the northern portion of the Property . Drilling at Prospect Mountain North will be at select areas around the [...]
North Peak Resources Ltd. reports that its 3,253-foot first exploration core hole successfully drilled the conductive Mobile MT geophysical anomaly identified from summer 2023 surveys on its Prospect Mountain Property. This first exploration hole was drilled to the west from the easily accessible Diamond Mine portal and intersected at least 8 mineralized zones of the Carbonate Replacement style that were within altered [...]
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 [...]
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