North Peak Resources Ltd V.NPR

Alternate Symbol(s): BTLLF

Metals & Mining Industrial Metals & Minerals

North Peak Resources Ltd. is a Canadian gold exploration and development company. The Company is focused on acquiring historic sites, with low cost producing gold and other metals properties, with near term production potential and eight plus year mine life in the northern hemisphere. It has acquired an initial 80% interest in the Prospect Mountain Mine complex in Eureka, Nevada. The complex includes the Diamond Mine, the portal leads to over 10 miles of underground tunnels and infrastructure. The property lies in the Battle Mountain Eureka trend, in an area known as the Southern Eureka Gold Belt. It also holds an option to acquire 100% interest in the Kenogami Lake Project, which is a gold exploration property located 15 kilometers southwest of Kirkland Lake, Ontario consisting of twenty-seven mineral claims totaling 500 hectares. The central focus for gold potential on the property is associated with two structures: Cadillac-Larder Lake Deformation Zone and Kirkland Lake Main Break.

TSXV:NPR - Post by User

North Peak Resources Ltd > Latest Investor Presentation

<< Previous

Bullboard Posts

Next >>

Comment by Roadappleson Feb 06, 2022 2:59am

477 Views

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.

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles