TSX Venture: NPR
CALGARY, AB, July 5, 2023 /CNW/ - North Peak Resources Ltd. (TSX-V: NPR) (the "Company" or "North Peak") announces partial assay results from one of two core drill holes drilled in 2017 from surface at the Prospect Mountain Mine complex in Eureka, Nevada (the "Property") and which have now been partially assayed.
Highlighted results for this hole (WS02) include:
14.9 g/t Au, 227 g/t Ag, 0.9% Pb and 0.55% Zn over 1.2 m from 444.0 m downhole, which included *49 g/t Au, 579 g/t Ag, 1.6% Pb and 0.4% Zn over 0.4 m (*note there was 30 cm core loss after this very high-grade section).
8.0% Zn over 7.0 m from 100.8m downhole, including 4 intervals of greater than 10% Zn with a maximum result of 23% Zn.
Notes: g/t=grams per metric tonne; m=meters
"These unexpected results extend potential gold mineralization some 280 meters west of Shafts #2 and #3 and the mine workings at Prospect Mountain (see Figures 1&2) but also contribute to the vision for the re-emergence in the Eureka Camp of underground mining," said Brian Hinchcliffe, North Peak's CEO. "To that end, the Company can report completion of a MobileMT airborne geophysics survey and the first phase of channel sampling on the Main 7925 level, as well as the startup of other programs all directed towards identifying drill targets."
"While it's exciting to receive these results from a previously drilled hole, it is early days and additional drilling needs to be completed before true widths and grade cutting levels for gold can be established," added Mike Sutton, a Director of North Peak.
Hole WS02 was drilled in 2017. Noteworthy is the fact that the hole was drilled without the benefit of any modern techniques to target anomalies (like numerous types of geophysics); it was a real wild-cat hole. The fact that several significant new mineralized zones were identified bodes well for future exploration. Also noteworthy is the lack of historical zinc production from the Property workings. It is possible that because it has been oxidized above the water table and thus is difficult to identify (generally white minerals in a white host rock), there is substantial amounts of zinc present.
The zinc intersection of 8.0% Zn over 7.0 m is located 90 m (295 ft) above the underground workings (stopes) at shaft 2. The zone is characterized by recrystallized zebra striping into an intense breccia zone with bands of strong alteration, limonite clays, pervasive oxidation, and a gossan seam.
The high-grade gold intersection of 14.9 g/t is located on strike from the "4th of July" stope which is 280 m southeast. It is in a very good limonite cave breccia zone similar to what was mined in the past. 396-488 m is a highly altered structural zone with many displays of alteration and mineralization. Marble zone starting at around 401-428 m then turns into banded to pervasively bleached and altered zones with hematite and limonite clays. A cave breccia zone (443-446 m) with a strong limonitic clay portion (446-447 m). Following the cave breccia zone, we have bands of oxidation and bleaching, a few quartz veins commonly containing malachite. 457-475 m is another zone of strong recrystallization and marbleization. 1470-1560 m show patchy to pervasive zones of silicification. The new mineralized zones are generally located well away from the mining that took place over the past 150 years. They are thought to represent CRD mineralization.
Follow-up drilling is expected to be undertaken in 2023 to delineate strike and dip of the new horizons. Drilling will also test several priority geophysical targets identified on the Property. A MobileMT airborne geophysics survey has been completed and the Company is awaiting final results. Two magnetic surveys are also being undertaken - one a drone survey North Peak is collaborating with i80 and Golden Lake on. A ground gravity survey will also take place soon. It is thought the contrast between dense lead mineralization will offer a strong contrast to the host light limestones. Soil and chip samples are being taken across the property to further define targets on surface. Underground channel sampling is being completed to try and identify targets to vector using the geochemical anomalies that frequently are present as large haloes around deposits.
There are more assays pending from hole WS02. There was 30 cm core loss after the very high-grade gold section (43.9 g/t).
One other surface hole- WS01- was also drilled from the same collar vertically but it has not yet been logged or sampled.
Prospect Mountain Drill Hole Results
Table 1. Assay Results
Hole ID | From (m) | To (m) | Intercept (m) | TW* (m) | Au (g/t) | Ag (g/t) | Zn (%) | Cu (%) | Pb (%) |
WS02 | 29.47 | 30.48 | 1.0 |
|
| 9.4 | 0.4 |
|
|
| 30.48 | 31.49 | 1.0 |
|
| 15.1 | 2.8 |
|
|
| 99.97 | 100.77 | 0.8 |
|
|
| 2.8 |
|
|
| 100.77 | 107.75 | 7.0 |
|
|
| 8.0 |
|
|
including | 100.77 | 101.29 | 0.5 |
|
|
| 19.9 | 0.1 |
|
including | 101.29 | 101.83 | 0.5 |
|
| 1.4 | 16.5 | 0.9 | 0.2 |
including | 101.83 | 102.47 | 0.6 |
|
|
| 23.0 | 0.1 |
|
including | 102.47 | 103.63 | 1.2 |
|
|
| 3.4 |
|
|
including | 103.63 | 104.52 | 0.9 |
|
|
| 3.1 |
|
|
including | 104.52 | 105.55 | 1.0 |
|
|
| 1.8 |
|
|
including | 105.55 | 106.68 | 1.1 |
|
|
| 1.7 |
|
|
including | 106.68 | 107.75 | 1.1 |
|
|
| 10.7 |
|
|
| 107.75 | 108.20 | 0.5 |
|
|
| 1.5 |
|
|
| 109.42 | 109.73 | 1.2 |
|
| 12.6 | 2.9 |
|
|
| 382.74 | 383.07 | 0.3 |
|
| 12.2 | 0.3 |
|
|
| 440.22 | 441.23 | 1.0 |
|
|
| 0.3 |
|
|
| 444.03 | 445.01 | 1.0 |
| 0.9 | 42 | 0.6 |
| 0.4 |
| 445.01 | 446.23 | 1.2 |
| 14.9 | 227 | 0.55 |
| 0.9 |
including | 445.01 | 445.86 | 0.9 |
| 2.3 | 74 | 0.6 |
| 0.5 |
including | 445.86 | 446.23 | 0.4* |
| 43.9 | 579 | 0.4 |
| 1.6 |
| 515.81 | 516.51 | 0.7 |
|
|
| 0.5 | 0.4 |
|
| 516.51 | 517.73 | 1.2 |
|
|
| 0.2 |
|
|
| 517.73 | 518.16 | 0.4 |
|
|
| 1.1 | 0.5 |
|
* Notes: TW (true widths) are unknown if not noted; there are no down-hole surveys; *30 cm core loss follows; no cut-off grades are used until a resource is completed, due to lack of information.
Table 2: Drill Hole Coordinates
Hole ID | Azimuth | Dip | Northing | Easting | Total Depth (m) |
NAD 27 |
WS02 | 270 | -45 | 1717445.778 | 384553.594 | 533.4 |
Prospect Mountain Geology and Mineralization
There are three styles of mineralization present in the district, carbonate hosted Porphyry Related Skarn lead (Pb), zinc (Zn), gold (Au) mineralization associated with Cretaceous intrusions, Au, silver (Ag), Pb, Zn Carbonate Replacement mineralization (CRD) and Au only Carlin style mineralization. CRD mineralization in the area is heavily oxidized to depths of at least 610 m (2000 ft) below the top of the Property ridge line. No primary mineralization has thus been observed on the Property to date, except for isolated veins and remnant small pods of sulphide. The historical mined ore consists of a reddish poorly consolidated fine-grained mass of material which is often found in open space fissures and caves within the dolomite or as discontinuous pods and chimneys that can extend over a considerable length. Lead minerals present in the ores are mainly plumbojarocite and cerrusite, zinc was expected to be mostly removed during weathering but in limited sampling of dump material and stopes, appears to be roughly equal to lead in the Prospect Ridge ores. Zinc is generally in the form of hemimorphite, smithsonite and hydrozincite. Iron from weathering of pyrite and arsenopyrite is largely in the form of haematite and various hydrous iron species and has coloured fracture surfaces around the mineralization, sometimes over a distance of 10's of meters. Gold appears to be generally associated with the haematite mass and is free leaching. All mineralization appears to be structurally controlled, with the intersections of faults being preferred sites. Limestone (and dolomites) are the host rocks. A more complete description of Prospect Mountain's geology and mineralization 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 Pym (Msc), CGeol. of LTI Advisory Ltd. and Dr Toby Strauss, CGeol, EurGeol., of Merlyn Consulting Ltd., which has been filed on SEDAR at under the profile of the Company and on the Company's website ().
Review by Qualified Person, Quality Control and Reports – Prospect Mountain
Michael Sutton, P.Geo., a Director of the Company, is the Qualified Person who supervised the preparation of the scientific and technical disclosure in this news release on behalf of the Company. The Qualified Person has not reviewed the mineral tenure, nor independently verified the legal status and ownership of the Property or any underlying property agreements. Neither the Company nor the Qualified Person can at this time independently verify the historical information on the Property.
All core referenced herein were prepped and gold samples assayed by Bureau Veritas, located at 605 Boxington Way Ste 101, Sparks, Nevada. The lab has ISO 17025, ISO14001 and OHSAS 18001 Certifications. All base metal assays were assayed by Bureau Veritas, located at 535 Thurlow Street Suite 801, Vancouver with the same certifications. All core samples are sealed at the core processing facility and shipped directly to the lab. All samples are assayed for gold by 30g Fire Assay Analysis with AAS finish. Base metals are analyzed using ICP-ES/MS (MA200), with overlimit assays using Aqua Regia and multi-acid digestions with AAS analysis. If the results are greater than 10ppm then 30g Fire Assay Analysis (gravimetric finish) is completed. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments, as well as instructions for duplication. Standards and blanks are inserted randomly at one each per 20 samples (unless VG or extremely concentrated base metals is observed where a blank is inserted in the following sample). It is planned that 5% of samples with grades above 0.005 opt (but none of nil value) are to be sent to a second lab. All samples greater than 0.15 opt are to be included and the rest in increments of grades. Core recovery in the zinc zone at 330.6-353.5m averaged 94%, while the gold zone averaged 77% if the 0.3m core loss is included (not included in grades given), or 89% otherwise.
The hole WS02 was historical core held by the owners in a secure location on their property, but the Company cannot guarantee the chain of custody.
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 recently acquired an initial 80% interest in the Prospect Mountain Mine complex in Eureka, Nevada (see the Company's May 4 and 23, 2023 press releases).
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.
多伦多证券交易所风险投资公司:NPR
艾伯塔省卡尔加里,2023 年 7 月 5 日 /CNW/- North Peak (多伦多证券交易所股票代码:NPR)(”公司“或”北峰“) 宣布了2017年在内华达州尤里卡的Prospect Mountain Mine综合体地表钻出的两个岩心钻孔之一的部分化验结果(”财产“)现在已经部分化验了。
该洞 (WS02) 的突出结果包括:
14.9 g/t Au、227 g/t Ag、0.9% Pb 和 0.55% 的锌,距离井下 444.0 m 处超过 1.2 m,其中包括 *49 g/t Au、579 g/t Ag、1.6% Pb 和 0.4% Zn(*请注意,在这段非常高级的路段之后,岩心损失了 30 厘米)。
从井下 100.8 米处超过 7.0 m 处的 8.0% Zn,包括 4 个大于 10% 锌的间隔,最大结果为 23% Zn。
备注:g/t=每公吨克数;m=米
North Peak首席执行官布莱恩·欣奇克利夫说:“这些意想不到的结果将潜在的金矿化延伸到竖井 ****2 和 ****3 以西约280米处,以及Prospect Mountain的矿山运营(见图1和2),但也有助于实现尤里卡营地地下采矿重新崛起的愿景。”“为此,该公司可以报告MobileMT机载地球物理调查和Main 7925层航道采样第一阶段的完成,以及其他旨在识别钻探目标的计划的启动。”
North Peak董事 Mike Sutton补充说:“虽然从以前钻过的钻孔中获得这些结果令人兴奋,但现在还为时过早,在确定金的真实宽度和品位切削水平之前,还需要完成额外的钻探。”
WS02 洞是在 2017 年钻探的。值得注意的是,这个洞是在没有利用任何现代技术来瞄准异常(比如许多类型的地球物理学)的情况下钻的;它是一个真正的野猫洞。确定了几个重要的新矿化带,这对未来的勘探来说是个好兆头。同样值得注意的是,该物业的历史锌产量不足。由于锌已在地下水位上方被氧化,因此很难识别(通常是白色宿主岩中的白色矿物),因此可能存在大量的锌。
7.0 米以上 8.0% 锌的锌交叉点位于 2 号竖井地下作业(停靠点)上方 90 米(295 英尺)处。该区域的特点是重新结晶斑马条纹进入强烈的角砾岩带,上面有强烈的蚀变带、褐铁矿粘土、普遍的氧化和 gossan 接缝。
14.9 g/t的高品位黄金交叉点位于东南280米的 “七月四日” 采矿点的罢工。它位于一个非常好的褐铁矿洞穴角砾岩带中,类似于过去开采的区域。396-488 m 是一个高度变化的结构带,有许多蚀变和矿化迹象。大理石区域从401-428米左右开始,然后变成带状到普遍漂白和变化的区域,上面有赤铁矿和褐铁矿粘土。一个洞穴角砾岩带(443-446 m),有很强的柠檬质粘土部分(446-447 m)。在洞穴角砾岩带之后,我们有氧化和漂白带,有几条石英脉通常含有孔雀石。457-475 m 是另一个强烈的再结晶和大理石化区域。1470-1560 m 显示出零星到无处不在的硅化区域。新的矿化区通常位于远离过去150年中进行的采矿的地方。它们被认为代表了 CRD 的矿化。
预计将在2023年进行后续钻探,以划定新视野的走向和下跌。钻探还将测试该物业上确定的几个优先地球物理目标。MobileMT航空地球物理调查已经完成,该公司正在等待最终结果。还在进行两次磁测量——一项是北峰正在与i80和Golden Lake合作进行的无人机调查。地面重力调查也将很快进行。人们认为,密集的铅矿化之间的对比将与宿主的轻质石灰岩形成鲜明的对比。正在整个物业采集土壤和碎片样本,以进一步确定地表上的目标。地下通道采样正在完成,以尝试使用地球化学异常来确定要向量的目标,这些异常通常以沉积物周围的大光环形式存在。
WS02 洞还有更多化验正在进行中。在非常高品位的金段(43.9 g/t)之后,岩心损失了30厘米。
另一个表面洞——WS01——也是在同一个环上垂直钻出的,但尚未对其进行记录或采样。
Prospect 山地钻孔结果
表 1。化验结果
Hole ID | 来自 (m) | 到 (m) | 拦截 (m) | TW* (m) | Au (g/t) | Ag (g/t) | 锌 (%) | 铜 (%) | Pb (%) |
WS02 | 29.47 | 30.48 | 1.0 |
|
| 9.4 | 0.4 |
|
|
| 30.48 | 31.49 | 1.0 |
|
| 15.1 | 2.8 |
|
|
| 99.97 | 100.77 | 0.8 |
|
|
| 2.8 |
|
|
| 100.77 | 107.75 | 7.0 |
|
|
| 8.0 |
|
|
包括 | 100.77 | 101.29 | 0.5 |
|
|
| 19.9 | 0.1 |
|
包括 | 101.29 | 101.83 | 0.5 |
|
| 1.4 | 16.5 | 0.9 | 0.2 |
包括 | 101.83 | 102.47 | 0.6 |
|
|
| 23.0 | 0.1 |
|
包括 | 102.47 | 103.63 | 1.2 |
|
|
| 3.4 |
|
|
包括 | 103.63 | 104.52 | 0.9 |
|
|
| 3.1 |
|
|
包括 | 104.52 | 105.55 | 1.0 |
|
|
| 1.8 |
|
|
包括 | 105.55 | 106.68 | 1.1 |
|
|
| 1.7 |
|
|
包括 | 106.68 | 107.75 | 1.1 |
|
|
| 10.7 |
|
|
| 107.75 | 108.20 | 0.5 |
|
|
| 1.5 |
|
|
| 109.42 | 109.73 | 1.2 |
|
| 12.6 | 2.9 |
|
|
| 382.74 | 383.07 | 0.3 |
|
| 12.2 | 0.3 |
|
|
| 440.22 | 441.23 | 1.0 |
|
|
| 0.3 |
|
|
| 444.03 | 445.01 | 1.0 |
| 0.9 | 42 | 0.6 |
| 0.4 |
| 445.01 | 446.23 | 1.2 |
| 14.9 | 227 | 0.55 |
| 0.9 |
包括 | 445.01 | 445.86 | 0.9 |
| 2.3 | 74 | 0.6 |
| 0.5 |
包括 | 445.86 | 446.23 | 0.4* |
| 43.9 | 579 | 0.4 |
| 1.6 |
| 515.81 | 516.51 | 0.7 |
|
|
| 0.5 | 0.4 |
|
| 516.51 | 517.73 | 1.2 |
|
|
| 0.2 |
|
|
| 517.73 | 518.16 | 0.4 |
|
|
| 1.1 | 0.5 |
|
* 注意:如果没有注明,TW(真实宽度)是未知的;没有井下调查;*随之而来的是30厘米的岩心损失;由于缺乏信息,在资源完成之前不使用截止等级。
表 2:钻孔坐标
Hole ID | Azimuth | 浸 | 北方 | 向东 | 总深度 (m) |
还有 27 |
WS02 | 270 | -45 | 1717445.778 | 384553.594 | 533.4 |
展望山地地质与矿化
该地区存在三种矿化方式,碳酸盐含有斑岩相关的矽卡恩铅(Pb)、锌(Zn)、与白垩纪入侵相关的金(Au)矿化、金、银(Ag)、铅、碳酸锌替代矿化(CRD)和仅限金的卡林式矿化。该地区的CRD矿化被严重氧化至Property Ridge线顶部以下至少610米(2000英尺)的深度。因此,迄今为止,除了孤立的矿脉和残余的硫化物小豆荚外,该物业尚未观察到初级矿化。历史上开采的矿石由一团红色的固结不良的细颗粒物质组成,这些物质通常存在于白云岩内的空地裂缝和洞穴中,或者是可以延伸相当长度的不连续的吊舱和烟囱。矿石中存在的铅矿物主要是铅矿和钙铁矿,预计锌将在风化期间大部分被去除,但在对倾倒材料和采矿场的有限采样中,锌似乎大致等于Prospect Ridge矿石中的铅。锌通常以异极矿、菱铁矿和氢锌矿的形式出现。黄铁矿和黄铁矿风化产生的铁主要以赤铁矿和各种含水铁的形式出现,矿化区周围有彩色的裂缝表面,有时在10米的距离内。金似乎通常与赤铁矿块有关,并且是自由浸出的。所有矿化似乎都受到结构控制,断层的交叉点是首选地点。石灰石(和白云岩)是宿主岩石。对Prospect Mountain的地质和矿化的更完整描述可以在美国内华达州尤里卡县展望山地质和矿化的NI 43-101技术报告中找到,该报告日期为2023年4月10日,该报告由LTI Advisory Ltd.的cgeol大卫·皮姆(理学硕士)和Merlyn Consulting Ltd. cGeol. 的托比·施特劳斯博士编写,该报告已提交给SEE DAR 位于公司简介下方和公司网站上 ()。
由合格人员进行审查、质量控制和报告 — Prospect Mountain
公司董事迈克尔·萨顿(Michael Sutton,P.Geo.)是代表公司监督本新闻稿中科学和技术披露准备工作的合格人员。合格人员没有审查矿产所有权,也没有独立核实财产或任何基础财产协议的法律地位和所有权。目前,公司和合格人员都无法独立核实财产的历史信息。
此处提及的所有核心均由位于内华达州斯帕克斯市Boxington Way Ste 101605号的必维国际检验局准备和金样品进行了分析。该实验室已获得 ISO 17025、ISO14001 和 OHSAS 18001 认证。所有贱金属检测均由位于温哥华瑟洛街535号801号的必维国际检验集团进行了检测,并获得了相同的认证。所有岩心样品均在岩心处理设施中密封,然后直接运送到实验室。所有样本均通过 AAS 表面处理 30 克火焰分析进行金含量检测。使用ICP-ES/MS (MA200) 分析贱金属,使用Aqua Regia进行超限分析,使用AAS分析进行多酸消解。如果结果大于 10ppm,则完成 30g 火性分析分析(重量法完成)。该公司的质量保证/质量控制计划包括定期在样品装运中插入空白和标准,以及复制说明。标准品和空白随机插入,每 20 个样品各一个(除非在以下样本中插入空白处观察到 VG 或极浓度的贱金属)。计划将5%的等级高于0.005 opt(但没有值为零)的样本送往第二个实验室。所有大于 0.15 opt 的样本都将包括在内,其余的以成绩为增量。锌区330.6-353.5m的矿石回收率平均为94%,而如果包括0.3m的核心损失(不包括在给定的等级中),黄金区的平均回收率为77%,否则为89%。
WS02洞是业主在其财产的安全位置持有的历史核心,但公司无法保证监管链。
关于North Peak
该公司是一家总部位于加拿大的黄金勘探和开发公司,在多伦多证券交易所风险投资交易所上市,股票代码为 “NPR”。该公司专注于收购历史遗迹,在北半球拥有低成本生产黄金和其他金属物业,具有短期生产潜力,矿山寿命超过8年。
该公司最近收购了位于内华达州尤里卡的Prospect Mountain Mine综合体80%的初始权益(见该公司2023年5月4日和23日的新闻稿)。
公司目前无法保证其财产和权益将实现本文所述的公司业务发展目标。公司证券的交易应被视为高度投机性。