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North Peak's Acquisition of the Prospect Mountain Mine Complex in Eureka, Nevada Receives Final TSXV Approval; Work Programs Launched

North Peak's Acquisition of the Prospect Mountain Mine Complex in Eureka, Nevada Receives Final T...

articleNorth Peak Resources LtdMay 23, 20233/company/north-peak-resources-ltd/news/north-peaks-acquisition-of-the-prospect-mountain-mine-complex-in-eureka-nevada-receives-final-tsxv-approval-work-programs-launched
North Peak's Acquisition of the Prospect Mountain Mine Complex in Eureka, Nevada Receives Final TSXV Approval; Work Programs Launched

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[{"type":"text","content":"\n \n \n \n North Peak's Acquisition of the Prospect Mountain Mine Complex in Eureka, Nevada Receives Final TSXV Approval; Work Programs Launched\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 May 23, 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 \") has received final acceptance from the TSX Venture Exchange for its acquisition of the Prospect Mountain Mine complex (the \"\n \n Property\n \n \") from Solarljos LLC and Gullsil LLC of\n \n Nevada\n \n (each controlled by the Erickson family of\n \n Nevada\n \n ).  This former silver, gold, lead and zinc producing underground mine complex is located in the Battle Mountain Eureka trend in an area known as the Southern Eureka Gold Belt district of\n \n Nevada\n \n . The Company issued a press release on\n \n May 4, 2023\n \n announcing execution of a binding, definitive Agreement (the \"\n \n Agreement\n \n \") with the materials terms and conditions of that Agreement described below.\n \n \n \n \n \n \n \n \n \n \"This final stock exchange approval is well timed for the launch of surface and underground work programs to be described in subsequent news releases,\" said\n \n Brian Hinchcliffe\n \n , North Peak CEO. \"With\n \n Carlin\n \n style gold mineralization, CRD polymetallic systems and carbonate hosted Porphyry related Skarn lead, zinc and gold mineralization within its boundaries, the Property's exploration programs will be targeted to advance the identification of these systems both from underground and surface.\"\n \n \n \"We were very deliberate during the two-year development partner search for our Diamond and Silver-Connor mines at Prospect Mountain, to identify a team that could drive this forward\", said\n \n Ty Erickson\n \n , MD. \"We became convinced that North Peak's team – which built\n \n Kirkland Lake Gold\n \n and Rupert Resource – had...

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