North Peak Resources plans major drill Campaign 2026

North Peak Resources CEO Rupert Williams joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s advancing work at the Prospect Mountain project in Nevada, a historic mining district that the company believes holds significant untapped gold potential. Williams explained that North Peak recently secured 100% ownership of the Prospect Mountain complex, acquiring the asset from the Erickson family in a deal involving 8 million shares. The project sits in the well-known Eureka mining district, an area with a long production history but limited modern exploration over the past four decades. According to Williams, the lack of recent exploration presents a major opportunity. The company has begun applying modern exploration techniques and has already identified several promising targets. A key focus is a large geophysical anomaly located below the water table, which measures roughly two kilometres by one kilometre and may represent a significant mineralised system. Williams highlighted the scale of the potential target, stating: “It’s big enough to host three or four 1,000,000-ounce gold equivalent deposits.” In addition to this deep exploration target, North Peak is evaluating open pit opportunities near surface where historical drilling has produced high-grade intercepts, including 23 metres at 12 g/t gold and 3 metres at 86 g/t. The company is also assessing material from a historic waste dump that could potentially be processed at a nearby leach facility to help fund exploration activities. Looking ahead, Williams said the company has recently increased a financing round to $5.75 million and is planning an extensive drill campaign in June and July to test both deep and near-surface targets. #proactiveinvestors #northpeakresources #otcqb #nprlf #tsxv #npr #pdac2026#NorthPeakResources #GoldExploration #NevadaMining #ProspectMountain #JuniorMining #GoldStocks #MiningInvesting #ResourceStocks #GoldDiscovery #DrillingResults