North Peak Resources Ltd V.NPR

Alternate Symbol(s): BTLLF

Metals & Mining Industrial Metals & Minerals

North Peak Resources Ltd. is a Canada-based gold exploration and development company. The Company’s flagship project is the Prospect Mountain Mine Complex, which lies in the Battle Mountain Eureka trend, in an area known as the Southern Eureka Gold Belt. Its Kenogami Lake Project is located in north central Eby Township and in the southern part of adjacent Grenfell Township, approximately 15 km southwest of Kirkland Lake, Ontario. Its central focus for gold potential on the property is associated with two significant structures, the Cadillac-Larder Lake Deformation Zone (CLLDZ), which has been traced onto the eastern extent of the property, and the Kirkland Lake Main Break (KLMB) which projects onto the property in the eastern bay of Kenogami Lake. All the Kirkland Lake deposits are associated with the KLMB, and the mining camps of Kirkland Lake, Larder Lake Cadillac, and Val d'Or are hosted by structures adjacent to and related to the CLLDZ.

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North Peak Resources Ltd > Latest Investor Presentation

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Comment by Roadappleson Feb 06, 2022 2:59am

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Post# 34401964

RE:Latest Investor Presentation

As per their corporate update: "North Peak has two option payments to acquire the first 50% of the BH -$10 mln June 2023 and $10 mln June 2024 ; Second 50% is earned upon receiving Plan of Production (POO) Permits." Big question here: where will they get the 10 mln required for the payment in June? Last report cash on hand=6.4 mln. Dilution? Also they were supposed to release the drilling program in January.

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