North Peak Resources Completes Successful Phase 1 Drilling at Prospect Mountain

Calgary-based North Peak Resources Ltd. (TSXV: NPR) has announced promising results from the final holes of its 27-hole Phase 1 drilling program at Prospect Mountain North in Eureka, Nevada. Highlights include intercepts of 2.9 g/t Au over 18.3m and 2.0 g/t Au over 13.7m.

Three holes targeted the historic Wabash mine area, with the rest focusing on the east side of the property. Notably, PM24-025 extended surface mineralization westwards with a 2.9 g/t Au intercept over 18.3m. PM24-024 discovered a new parallel zone while PM24-023 confirmed continuity northwards with intercepts of 1.1 g/t Au over 50.3m.

These results have encouraged North Peak to commence a second phase of drilling. The initial observations suggest two confirmed zones of mineralization with notable high-grade gold presence. The company's strategy now involves further extending these zones and exploring other targets across the property.