NORTH PEAK ANNOUNCES GRANT OF STOCK OPTIONS Calgary, Canada
NORTH PEAK ANNOUNCES GRANT OF STOCK OPTIONS
Calgary, Canada May 29, 2026
North Peak Resources Ltd. (TSX Venture: NPR) (the “Company” or “North Peak”) announces the grant
of incentive stock options to acquire a total of 500,000 common shares of the Company at an exercise
price of $1.00 per share, with such options to vest as to one-half immediately and the remaining one-half
on the first anniversary of the date of grant. These options have a five-year term. Of these options,
400,000 were granted to directors and officers and 100,000 to consultants of the Company.
About North Peak
The Company is a Canadian -based gold exploration and development company listed on the TSX
Venture Exchange under the symbol “NPR” and the OTCQB under the symbol “NPRLF”. Launched
by the founding team behind both Kirkland Lake Gold and Rupert Resources, the team has a strong
track record of acquiring mining assets, applying modern exploration techniques and taking them into
operational mines.
North Peak’s flagship property is the Prospect Mountain Mine Complex (the “Property”) which lies in
the Battle Mountain-Eureka trend, in an area known as the Southern Eureka Gold Belt, where three
styles of mineralization have been identified, gold, silver Carlin style mineralization, Carbonate
Replacement gold, silver, lead, zinc mineralization (CRD) and carbonate hosted P orphyry Related
Skarn lead, zinc and gold mineralization associated with cretaceous intrusions. At the Property, the
CRD mineralization is heavily oxidized to depths of at least 610m (2,000ft) below the top of the ridge
line.
A Plan of Operations is in place which covers part of the Property and entitles an operator to pursue
surface exploration (totaling 189 acres), underground mining of up to 365,000 tons per annum and
certain infrastructural works. A more complete descriptio n of the Property’s geology and
mineralization, including at the Wabash area, can be found in the NI 43 -101 Technical Report on the
Prospect Mountain Property, Eureka County, Nevada, USA dated and with an effective date April 10,
2023, prepared by David Py m (MSc), CGeol. of LTI Advisory Ltd. and Dr Toby Strauss, CGeol,
EurGeol., of Merlyn Consulting Ltd., which has been filed on SEDAR+ at www.sedarplus.ca under the
profile of the Company and on the Company’s website.
The Company can give no assurances at this time that its properties and interests will fulfil l
the Company’s business development goals described herein. Trading in the securities of the
Company should be considered highly speculative.
For further information, please contact:
Rupert Williams, CEO
Phone: +1-647-424-2305
Email: [email protected]
Chelsea Hayes, Director
Phone: +1-647-424-2305
Email: [email protected]
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING STATEMENTS : This press
release includes certain "forward-looking statements" under applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, timing and completion of any drilling and
work programs on the Property , estimates of mineralization from drilling, sampling and geophysical
surveys, geological information projected from drilling and sampling results and the potential quantities
www.northpeakresources.com
TSX Venture: NPR
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and grades of the target zones, the potential for minerals and/or mineral resources and reserves, and
statements regarding the plans, intentions, beliefs, and current expectations of the Property and the
Company that may be described herein . Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs, plans, expectations or intentions
regarding the future. Such information can generally be identified by the use of forwarding-looking
wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the
negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward -
looking statements, as there can b e no assurance that the plans, intentions or expectations upon
which they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward -looking statements will not occur. These
assumptions, risks and uncertainties include, among other things, the state of the economy in general
and capital markets in particular, accuracy of assay results, geological interpretations from drilling
results, timing and amount of capital expenditures; performance of available laboratory and other
related services, future operating costs, and the historical basis for current estimates o f potential
quantities and grades of target zones, as well as those risk factors discussed or referred to in the
Company’s Management’s Discussion and Analysis for the periods ended March 31, 2026 , and the
year ended December 31, 2025 are available at www.sedarplus.ca, many of which are beyond the
control of the Company. Forward -looking statements contained in this press release are expressly
qualified by this cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this press
release. Except as required by law, the Company disclaims any intention and assumes no obligation
to update or revise any forward -looking statements, wheth er as a result of new information, future
events or otherwise. Additionally, the Company undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.