North Peak Investigates Potential of Prospect Mountain Dumps

North Peak Resources Ltd. has initiated an investigation into the economic potential of historic dumps at the Prospect Mountain Mine complex in Alberta. These dumps, particularly one near the Diamond tunnel, hold 210,000-230,000 mt of oxidized material, with promising gold and silver recovery rates from prior studies. The gold recovery ranges between 75-85%, with varying feed grades.

To further assess the site's potential, North Peak is launching an aircore drill program, slated for mid-September. The collected samples will undergo metallurgical testing to evaluate the possibility of offsite toll leach treatment, potentially providing a future revenue stream for the company. CEO Rupert Williams views the dump as a possible vital asset under favorable outcomes, highlighting the potential financial uplift during subsequent explorations.