North Peak Resources Identifies High-Grade Deposits at Prospect Mountain

North Peak Resources Ltd. has announced promising sampling results from its Prospect Mountain property in Eureka, Nevada. A notable sample from the Dean Cave area graded 46.5 g/t Au and 569 g/t Ag. This follows their 2024 drill program which indicated significant oxide mineralization.

Initial samples from various historical mines showed varying degrees of mineral content. The Kit Carson mine sample recorded 5.3 g/t Au and 39 g/t Ag, while the Lundgren Stope area provided 0.74 g/t Au and 252 g/t Ag. These results are part of North Peak's exploration strategy to utilize existing underground infrastructure to identify further mineralization targets.

The company is in the final approval stages for a planned summer drill program, emphasizing near-surface oxide materials. These efforts underscore North Peak's focus on leveraging historical sites for potential mineral development.