on North Peak Resources Ltd. (isin : CA6614441096)
North Peak Resources Expands Exploration at Prospect Mountain, Nevada
North Peak Resources Ltd. has released updates on their 2025 RC drill program at Prospect Mountain, Nevada. The recent findings from the Lower PME area show promising intersections, particularly around the Hamburg-Dunderberg contact. This contact is critical, as it is linked to the Windfall trend's large mineralizing system, currently under exploration by McEwen Mining Inc.
Highlighted is hole PM25-014RC, which recorded 88.4m averaging 0.24 g/t Au and 15.7 g/t Ag above the critical contact. This finding comes from a previously untested target area, indicating mineralization potential that remains open in all directions. The intersection supports historical data from a Homestake/Barrick hole drilled in 2001.
The company has drilled three holes in the Lower PME area, with PM25-014RC successfully hitting the target zone. Despite oxidation, the area shows consistent mineralization, enriched with gold, silver, arsenic, thallium, zinc, and lead.
Moving forward, North Peak intends to continue drilling in 2026, alongside ongoing assessments of waste pile economic viability and metallurgical tests, expected by Q2 2026.
R. P.
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