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First Geophysics MT Survey by North Peak at Prospect Mountain Locates Conductive Body Under Historic Workings
First Geophysics MT Survey by North Peak at Prospect Mountain Locates Conductive Body Under Histo...
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[{"type":"text","content":"\n \n \n \n First Geophysics MT Survey by North Peak at Prospect Mountain Locates Conductive Body Under Historic Workings\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n www.northpeakresources.com\n \n \n TSX Venture: NPR\n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n July 17, 2023\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 \") announces results from the recently completed Magnetotelluric (MT) helicopter geophysical survey on its Prospect Mountain property in\n \n Eureka, Nevada\n \n (the \"\n \n Property\n \n \" or \"\n \n Prospect Mountain\n \n \"). This work program was undertaken in May and June alongside other geophysical surveys, which included a ground gravity and drone magnetic survey, and geochemical sampling programs consisting of underground channel sampling and soil sampling to define surface and underground gold and polymetallic drilling targets on the mining complexes across Prospect Mountain.\n \n \n \"The\n \n Eureka\n \n camp might well re-emerge as the high-grade underground mining camp it formerly was, and the geophysics surveys underway are targeting these deeper sulphide gold and polymetallic targets, at or below the water table,\" said\n \n Brian Hinchcliffe\n \n , North Peak's CEO. \"Prospect Mountain itself was mined from the 9,600-foot elevation down to the 6,500 level off and on from 1870 until 1980 and under these shafts and historic workings sits this textbook conductive body as the possible source of mineralization.\"\n \n \n Highlights:\n \n \n \n A 2km long conductive anomaly directly beneath the old oxide gold, silver, lead, zinc stopes and mine workings on the Property is highlighted by the geophysical survey (see Figure 1).\n \n \n The anomalies occur immediately below the water table where historical records from the district indicate the oxide sulphide transition occurs as it has in other mines in the Eureka Camp and may indicate sulphide mineralization is present (see Figures 1 & 2)...