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EQS-News: North Peak Resources Ltd. / Key word(s): Miscellaneous
North Peak Announces Grant of Stock Options
2024-07-05 / 19:11 CET/CEST
The issuer is solely responsible for the content of this announcement.
Calgary, Alberta--(Newsfile Corp. - July 5, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak
") announces the grant of incentive stock options to acquire a total of 200,000 common shares of the Company at an
exercise price of USD1.00 per share, with such options to vest as to one-half immediately and the remaining one-half on
the first-year anniversary of the date of grant. The options expire five years from the date of grant. Of these
options, 100,000 were granted to the Chief Financial Officer of the Company and the remaining 100,000 were granted to
consultants.
About North Peak
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 is focused on acquiring historic sites, with low cost producing gold and other
metals properties, with near term production potential and 8+ year mine life in the northern hemisphere.
The Company has acquired an initial 80% interest in the Prospect Mountain Mine complex in Eureka, Nevada (see the
Company's May 4, May 23 and August 25, 2023 press releases) (the "Property").
About Prospect Mountain
The Property 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 Porphyry 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 (2000ft) below the top of the ridge line.
A Plan of Operations is in place which covers part of the Property (totalling 81 acres) and entitles an operator to
pursue surface exploration, underground mining of up to 365,000 tons per annum and certain infrastructural works. It
includes a permit to extract water from a well and to build water containment facilities.
The Company can give no assurances at this time that its properties and interests will fulfil 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:
Brian Hinchcliffe, CEO
Phone: +1-647-424-2305
Email: info@northpeakresources.com
Website: www.northpeakresources.com
Chelsea Hayes, Director
Phone: +1-647-424-2305
Email: info@northpeakresources.com
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 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 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, 2023 and the quarter ended March 31, 2024,
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, 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215561
Click on, or paste the following link into your web browser,to view the associated documents http://
www.newsfilecorp.com/release/215561
News Source: North Peak Resources Ltd.
2024-07-05 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      North Peak Resources Ltd. 

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ISIN:         CA6614441096 
EQS News ID:  1940827 

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July 05, 2024 13:13 ET (17:13 GMT)