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North Peak intersects 42.7m (140ft) @ 2.1 g/t Au including 4.6m (15ft) @ 6.7 g/t Au and 6.1m (20ft) @ 5.8 g/t Au; Further drilling confirms continuous mineralization between Wabash and Williams trends at Prospect Mountain
Calgary, Alberta--(Newsfile Corp. - January 28, 2025) - North Peak Resources Ltd. (TSXV: NPR) (...
About this update from North Peak Resources Ltd
[{"type":"text","content":"North Peak intersects 42.7m (140ft) @ 2.1 g/t Au including 4.6m (15ft) @ 6.7 g/t Au and 6.1m (20ft) @ 5.8 g/t Au; Further drilling confirms continuous mineralization between Wabash and Williams trends at Prospect MountainCalgary, Alberta--(Newsfile Corp. - January 28, 2025) - North Peak Resources Ltd. (TSXV: NPR) (the \"Company\" or \"North Peak\") announces final assay results from its 2024 drilling campaign at its Prospect Mountain Property (the \"Property\") in Eureka, Nevada. Reported are six holes that targeted the Wabash mine area plus five holes that targeted the Williams mine area in Prospect Mountain North (Phase 2), and three holes that targeted a lone hole drilled by Homestake in 2001 located in the Prospect Mountain East area (Phase 3).HighlightsPM24-035 in the Williams mine area intersected 42.7m (140ft) @ 2.1 g/t Au (with 10.7m (35ft) voids @ 0 g/t Au), including 4.6m (15ft) @ 6.7 g/t Au, and 6.1m (20ft) @ 5.8 g/t Au, plus 38.1m (125ft) @ 0.8 g/t Au(with 7.6m (25ft) voids @ 0 g/t Au). This hole significantly exceeded grades and widths of previously drilled holes in the Williams area and substantiated the deeper intersection from previous hole PM24-004, that was believed to have hit depth extensions to the Williams zone.Hole PM24-029 targeted 21.3m (69.6ft) southwest of the midpoint of PM24-004, confirmed continuous low-grade mineralization exist between the Wabash and Williams trends as demonstrated by PM24-004 from Phase 1 drilling that intersected 126.5m (415ft) @ 1.06 g/t Au from surface, suggesting potential for a bulk tonnage low grade gold halo around the high grade lodes in the northern part of the Wabash-Williams area. PM24-029 intersected 4 separate zones that together represent 95m (311.7ft) of the full hole length of 140.2m (460ft), with the hole ending in mineralization. PM24-040 intersected 19.8m (65ft) @ 1.23 g/t Au (with 7.6m (25ft) voids @ 0 g/t Au-2.0 g/t Au without) as part of a larger 53.3m (175ft) intersection @ 0.67 g/t Au (with 10.7m (35ft) voids @ 0 g/t Au-0.83 g/t Au without) in the deeper middle part of the Wabash lode that has been poorly drilled to date. Mineralization confirmed at Homestake east area following up on the upper zone of historic vertical hole HRH-1725 which intersected 10.67m (35ft) @ 4.05 g/t Au + 16 g/t Ag at a depth of 173.74 to 184.4m* (*see the Technical Report - descr...