North Peak Secures On-Site Water Supply and Installs Pump, Clearing the Way for Diamond Drilling of the Prospect Mountain Sulphide Anomaly

About this update from North Peak Resources Ltd

Calgary, Alberta--(Newsfile Corp. - July 8, 2026) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the " Company " or " North Peak ") is pleased to announce that it has installed a water supply pump at its 100%-owned Prospect Mountain Mine Complex in Eureka County, Nevada (the " Property "), securing a reliable on-site source of water for its upcoming exploration drill program. The program will comprise both reverse circulation (RC) and diamond core drilling, with a key target being the previously identified 2 km sulphide anomaly. Highlights "Putting a reliable, on-site water supply in place is a major operational milestone," said Rupert Williams, Chief Executive Officer of North Peak. "By securing water under our lease and installing the pump to deliver it, we have removed a key hurdle to drilling the deep sulphide anomaly on the Property - and we have done so in a way that is more reliable and more cost-effective than trucking water from nearby Eureka. With our geophysical team simultaneously sharpening our targeting, we are positioning the Company to test the highest-priority part of this 2 km anomaly with confidence, as soon as conditions allow." Prospect Mountain's geology makes drilling water-intensive in certain areas and for certain drilling methods, particularly diamond core drilling. The host rocks and historic workings may contain voids and cavities that can cause loss of drilling-fluid circulation, so water demand on the Property can increase during deeper drilling. In previous campaigns, water was trucked from the town supply on a round trip of approximately two hours and then hauled uphill to the drill sites.

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