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BLACK HORSE PROJECT UPDATE; NORTH PEAK ANNOUNCES ADDITION TO ITS BOARD OF DIRECTORS
BLACK HORSE PROJECT UPDATE; NORTH PEAK ANNOUNCES ADDITION TO ITS BOARD OF DIRECTORS ...
About this update from North Peak Resources Ltd
[{"type":"text","content":"\n \n \n \n BLACK HORSE PROJECT UPDATE; NORTH PEAK ANNOUNCES ADDITION TO ITS BOARD OF DIRECTORS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n May 16, 2022\n \n \n /CNW/ -\n \n North Peak Resources Ltd.\n \n (TSXV: NPR) (the \"\n \n Company\n \n \" or \"\n \n North Peak\n \n \") provides the following update on the work programs underway pursuant to its option to purchase the Black Horse gold property located near\n \n Ely, Nevada\n \n , which was last drilled in 1999. The agreement with Minex LLC, the property owner, to obtain this option was signed in\n \n December 2021\n \n . North Peak then obtained permits in January to carry out core and reverse circulation (RC) drilling programs, including on the previously drilled Area A section of the Black Horse property, and has now sampled the San Pedro former underground mine area referred to as Area B on the property.\n \n \n \n \n \n \n \n \n \n \"Operational challenges have impacted both drilling programs as lower than acceptable core recovery will likely mean certain target holes will require re-drilling and mechanical issues with the drills themselves caused setbacks to the progress of the RC drilling,\" said\n \n Brian Hinchcliffe\n \n , CEO. \"The Company will be in a position to publish results once it has a critical mass of material assay results from the drill programs and from the underground sampling of the Area B former mine workings.\"\n \n \n \n New Director\n \n \n \n The Company also announces that\n \n Leni Keough\n \n has been appointed to the Board of the Directors of the Company, effectively\n \n May 13, 2022\n \n . Ms. Keough brings over 35 years' experience in the mining industry, focused on mineral exploration, and combined with expertise in project management, public company management, finance and capital markets, communications, and business development. She founded private explorer Adamas Minerals Inc. in 1992 and Olivut Investments Ltd. in 2004.  The latter was taken public in 2007 as Olivut Resources Ltd. on the ...