North Peak Resources - Prospect Mountain Mine: Reviving a Historic High-Grade Gold Mine in Nevada
In this company introduction, we sit down with Rupert Williams, CEO and Director of North Peak Resources (TSX.V:NPR - OTCQB:NPRL).
Rupert provides a comprehensive overview of the company’s flagship asset, the Prospect Mountain Mine in Nevada’s Battle Mountain-Eureka Trend. Having acquired 100% interest in the project in July, the company is now applying modern exploration techniques to a historic high-grade mine that has seen little activity for decades. We discuss the location of the asset - situated between McEwen Mining and i-80 Gold - and the ongoing drill program aimed at unlocking value from this brownfield site.
Key Discussion Points:
- The Prospect Mountain Asset: An overview of this historic mine, which features over 11 miles of underground infrastructure and sits in a camp that has produced over 3 million ounces of gold.
- Dual Geological Potential: A breakdown of the two distinct styles of mineralization on the property: near-surface Carlin-style gold and a deeper, CRD polymetallic system.
- Current Drill Program: Details on the active drilling across three key targets.
- Near-Term Cash Flow: The potential to process a 220,000-ton surface waste dump, estimated to hold $15-$20 million in value.
- Proven Leadership: A look at the track record of Chairman Harry Dobson, the founder behind Kirkland Lake Gold, and how the team plans to replicate that value creation through the drill bit.
Click here to visit the North Peak Resources website for more information
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