North PEAK Reports Filing of a Technical Report FOR Black Horse Property
NORTH PEAK REPORTS FILING OF A
TECHNICAL REPORT FOR BLACK HORSE
PROPERTY
CALGARY, AB
,
Aug. 5, 2022
/CNW/ -
North Peak Resources Ltd.
(TSXV: NPR) (the "
Company
"
or "
North Peak
") announces that it has filed a 43-101 Technical Report in respect of the Black
Horse property (the "
Technical Report
"), which includes information about historical drilling and
work, and a portion of the more recent 2022 drilling undertaken by the Company on the property.
The Technical Report has been filed in accordance with the requirements of National Instrument 43-
101 –
Standards of Disclosure for Mineral Projects
, is titled "NI 43-101 Technical Report – North
Peak Resources Ltd., Black Horse Project, White Pine Country,
Nevada USA
" dated
July 3, 2022
,
prepared by
Scott E. Wilson
, C.P.G. of Metal Mining Consultants Inc., is dated effective
April 15,
2022
and has been filed on SEDAR at
www.sedar.com
under the profile of the Company.
The planned drill programs by the Company at the Black Horse property have been completed and
the Company is awaiting outstanding drilling assay results.
About North Peak Resources
The Company is a Canadian based gold exploration and development company that is listed on the
TSX Venture Exchange under the symbol "NPR". The Company holds an option to acquire the 2,733-
acre Black Horse gold and silver property located approximately 50 miles east of
Ely
within the
Black Horse mining district in
White Pine County
, Nevada. See the Company's
January 11, 2022
press release for additional information. In addition, the Company holds an option to acquire 100%
interest in and to the Kenogami Lake Project located approximately 15km southwest of
Kirkland
Lake, Ontario
and consisting of and to twenty-seven (27) mineral claims totaling approximately
500.3 hectares (see the Company's
June 29, 2020
press release). Further information about the
Kenogami Lake Project can be found in the NI 43-101 Technical Report titled "Technical Report on
the Kenogami Lake Project,
Ontario, Canada
, Report for NI 43-101" dated effective
March 15, 2022
prepared by Tudorel Ciuculescu, M. Sc. P. Geo of SLR Consulting (
Canada
) Ltd., which can be
found on the Company's website or under the Company's SEDAR profile at
www.sedar.com
.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS:
This news
release includes certain "forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include, but are not limited to, estimates of mineralization
from drilling, geological information projected from sampling results and the potential quantities
and grades of the target zones, potential for minerals and/or mineral resources and statements
regarding the plans, intentions, beliefs, and current expectations of the Company with respect to
the future business activities and operating performance of 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 be 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 of 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 year ended
December 31, 2021
, and the period ended
March 31, 2022
available at
www.sedar.com,
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, whether 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.
SOURCE
North Peak Resources Ltd.
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For further information:
Brian Hinchcliffe, CEO, Phone: +1-647-424-2305, Email:
[email protected], Website: www.northpeakresources.com; Chelsea Hayes, Director,
Phone: +1-647-424-2305, Email: [email protected]
CO: North Peak Resources Ltd.
CNW 09:00e 05-AUG-22