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NORTH PEAK RECEIVES BLM PERMISSION FOR THE BLACK HORSE GOLD PROPERTY DRILLING PROGRAMS; JEROD EASTMAN JOINS AS NORTH PEAK'S CHIEF OPERATING OFFICER
NORTH PEAK RECEIVES BLM PERMISSION FOR THE BLACK HORSE GOLD PROPERTY DRILLING PROGRAMS; J...
About this update from North Peak Resources Ltd
[{"type":"text","content":"\n \n \n \n NORTH PEAK RECEIVES BLM PERMISSION FOR THE BLACK HORSE GOLD PROPERTY DRILLING PROGRAMS; JEROD EASTMAN JOINS AS NORTH PEAK'S CHIEF OPERATING OFFICER\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 CALGARY, AB\n \n ,\n \n Jan. 11, 2022\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 that permission has been received from the Bureau of Land Management (the \"\n \n BLM\n \n \") to carry out its exploration drilling programs on the Black Horse gold and silver property (the \"\n \n Black Horse Property\n \n \") following the Company obtaining an option in\n \n mid-December 2021\n \n to acquire the Black Horse Property from Minex, LLC, which is summarized below. The Company will post the necessary bond obligations and can then proceed with the diamond and reverse circulation drilling programs being designed to confirm and expand the historical inferred mineral resource estimate for gold on the previously drilled 2,733 acre Black Horse Property.\n \n \n \n \n \n \n \n \n \n \"Since mid-October Jerod Eastman has assisted North Peak in the BLM application process and in securing the contractors needed early in 2022 to both drill and explore the potential of the Black Horse Property, with the aim of delivering a low-cost gold asset to shareholders,\" said\n \n Brian Hinchcliffe\n \n , Company CEO. \"The last gold mining from the 20 plus mine shafts located within the Black Horse Property was over 100 years ago when gold was\n \n US$20\n \n per ounce, and the last drilling was back in 1998 when gold averaged\n \n US$295\n \n per ounce, so Mr. Eastman's two plus decades as a Nevada based mining engineer will help kick-start North Peak and the Black Horse Property as new entrants on to the Nevada mining scene.\"\n \n \n Mr. Eastman, who joins North Peak effective immediately, has held leadership positions with both junior and senior gold mining Companies, amongst them\n \n Kinross Gold\n \n , Goldcorp, Pershing Gold and\n \n Nevada Copper\n \n , a...