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North Peak Intersects 2.9 g/t Au over 18.3m (60ft) and 2.0 g/t Au Over 13.7m (45ft) in Final Holes of Phase 1 at Prospect Mountain North; Second Phase of Drilling Commences
Calgary, Alberta--(Newsfile Corp. - September 17, 2024) - North Peak Resources Ltd. (TSXV: NPR)...
About this update from North Peak Resources Ltd
[{"type":"text","content":"North Peak Intersects 2.9 g/t Au over 18.3m (60ft) and 2.0 g/t Au Over 13.7m (45ft) in Final Holes of Phase 1 at Prospect Mountain North; Second Phase of Drilling CommencesCalgary, Alberta--(Newsfile Corp. - September 17, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the \"Company\" or \"North Peak\") announces assay results from final holes 23-27 of the recently completed 27-hole surface drilling program from the Prospect Mountain North area within its Prospect Mountain Property (the \"Property\") in Eureka, Nevada. Three of these holes targeted the historic Wabash mine area while two holes were on the east side of the Property ridge (see Figures 1 and 2 below). The Wabash holes strategically followed up on drilling results of the 94-hole program carried out in 1998/1999 by European American Resources (EPAR).\"These 3 holes at the Wabash mine area in Prospect Mountain North have extended mineralization to the SW, NE, and NW,\" said Brian Hinchcliffe, Company CEO. \"The consistent results from our phase 1 drilling both in terms of grade and virtually continuous wide mineralization has prompted a phase 2 drill program to start right away.\"HighlightsPM24-025 extends Silver Connor shaft surface mineralization westwards and intersected 18.3m (60ft) @ 2.9 g/t Au from surface, including 1.5m (5ft) @ 7.0 g/t Au; this hole was drilled NW from the same set-up as hole PM24-004 which intersected from surface 126.49m (415ft) @ 1.06 g/t Au which included 12.19m (40ft) @ 4.20 g/t Au (see the Company's August 14, 2024 press release).PM24-024 intersects new zone parallel to the main zone at Wabash and intersected 13.7m (45ft) @ 2.0 g/t Au including 3.1m (10ft) @ 4.1 g/t Au, plus 13.7m (45ft) @ 0.7 g/t Au including 1.5m (5ft) @ 2.0 g/t Au; this hole was drilled 15.2m (50ft) down-dip from hole PM24-016 at the SW edge of drilling (hole PM24-016 intersected 18.3m (60ft) @ 3.92 g/t Au (which includes 10.7m (35ft) @ 5.01 g/t Au), from 71.6m (235ft), within 42.1m (135ft) @ 1.89 g/t Au, from 70.1m (230ft).PM24-023 confirms continuity of the Silver Connor shaft surface mineralization northwards and intersected 50.3m (165ft) @ 1.1 g/t Au (with a 1.5m void @ 0 g/t Au) from surface, including 3.1m (10ft) @ 4.0 g/t Au and 1.5m (5ft) @ 4.1 g/t Au and 1.5m (5ft) @ 2.7 g/t Au; this hole was drilled NE from the same set-up as hole PM24-022 which intersected 2...