on North Peak Resources Ltd. (isin : CA6614441096)
North Peak Resources Reports Promising Gold Intersections at Prospect Mountain
Calgary, Alberta--North Peak Resources Ltd. (TSXV: NPR) has announced positive assay results from its recent drilling program at the Prospect Mountain Property in Eureka, Nevada. The Company disclosed significant gold intersections from holes 18-22, focusing on historic mining areas such as Wabash, Williams, and Chicago mines.
Highlighting the results, Hole PM24-022 recorded 27.4 meters (90 feet) at 7.0 g/t Au from the surface, including a high-grade interval of 1.5 meters (5 feet) at 56.4 g/t Au. Hole PM24-021 also showed promising results with 53.35 meters (175 feet) at 1.49 g/t Au, further underscoring the potential of the site.
Company CEO Brian Hinchcliffe remarked on the significance of these results, stating the drilling program at Prospect Mountain North, which began in July, is still in its early stages but shows great promise. These findings corroborate historical data from previous drilling programs in 1998/1999 by European American Resources.
This drilling initiative aims to build upon historical mining activities, with the results bolstering North Peak's strategy of exploring areas with prior mining activity. The company plans to continue its drilling efforts to better understand the extent and quality of gold mineralization in the area.
R. E.
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