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.
多倫多證券交易所風險投資公司:NPR
艾伯塔省卡爾加里,2023 年 7 月 5 日 /CNW/- North Peak (多倫多證券交易所股票代碼:NPR)(”公司“或”北峯“) 宣佈了2017年在內華達州尤里卡的Prospect Mountain Mine綜合體地表鑽出的兩個岩心鑽孔之一的部分化驗結果(”財產“)現在已經部分化驗了。
該洞 (WS02) 的突出結果包括:
14.9 g/t Au、227 g/t Ag、0.9% Pb 和 0.55% 的鋅,距離井下 444.0 m 處超過 1.2 m,其中包括 *49 g/t Au、579 g/t Ag、1.6% Pb 和 0.4% Zn(*請注意,在這段非常高級的路段之後,岩心損失了 30 厘米)。
從井下 100.8 米處超過 7.0 m 處的 8.0% Zn,包括 4 個大於 10% 鋅的間隔,最大結果爲 23% Zn。
備註:g/t=每公噸克數;m=米
North Peak首席執行官布萊恩·欣奇克利夫說:“這些意想不到的結果將潛在的金礦化延伸到豎井 ****2 和 ****3 以西約280米處,以及Prospect Mountain的礦山運營(見圖1和2),但也有助於實現尤里卡營地地下采礦重新崛起的願景。”“爲此,該公司可以報告MobileMT機載地球物理調查和Main 7925層航道採樣第一階段的完成,以及其他旨在識別鑽探目標的計劃的啓動。”
North Peak董事 Mike Sutton補充說:“雖然從以前鑽過的鑽孔中獲得這些結果令人興奮,但現在還爲時過早,在確定金的真實寬度和品位切削水平之前,還需要完成額外的鑽探。”
WS02 洞是在 2017 年鑽探的。值得注意的是,這個洞是在沒有利用任何現代技術來瞄準異常(比如許多類型的地球物理學)的情況下鑽的;它是一個真正的野貓洞。確定了幾個重要的新礦化帶,這對未來的勘探來說是個好兆頭。同樣值得注意的是,該物業的歷史鋅產量不足。由於鋅已在地下水位上方被氧化,因此很難識別(通常是白色宿主巖中的白色礦物),因此可能存在大量的鋅。
7.0 米以上 8.0% 鋅的鋅交叉點位於 2 號豎井地下作業(停靠點)上方 90 米(295 英尺)處。該區域的特點是重新結晶斑馬條紋進入強烈的角礫岩帶,上面有強烈的蝕變帶、褐鐵礦粘土、普遍的氧化和 gossan 接縫。
14.9 g/t的高品位黃金交叉點位於東南280米的 “七月四日” 採礦點的罷工。它位於一個非常好的褐鐵礦洞穴角礫岩帶中,類似於過去開採的區域。396-488 m 是一個高度變化的結構帶,有許多蝕變和礦化跡象。大理石區域從401-428米左右開始,然後變成帶狀到普遍漂白和變化的區域,上面有赤鐵礦和褐鐵礦粘土。一個洞穴角礫岩帶(443-446 m),有很強的檸檬質粘土部分(446-447 m)。在洞穴角礫岩帶之後,我們有氧化和漂白帶,有幾條石英脈通常含有孔雀石。457-475 m 是另一個強烈的再結晶和大理石化區域。1470-1560 m 顯示出零星到無處不在的硅化區域。新的礦化區通常位於遠離過去150年中進行的採礦的地方。它們被認爲代表了 CRD 的礦化。
預計將在2023年進行後續鑽探,以劃定新視野的走向和下跌。鑽探還將測試該物業上確定的幾個優先地球物理目標。MobileMT航空地球物理調查已經完成,該公司正在等待最終結果。還在進行兩次磁測量——一項是北峯正在與i80和Golden Lake合作進行的無人機調查。地面重力調查也將很快進行。人們認爲,密集的鉛礦化之間的對比將與宿主的輕質石灰岩形成鮮明的對比。正在整個物業採集土壤和碎片樣本,以進一步確定地表上的目標。地下通道採樣正在完成,以嘗試使用地球化學異常來確定要向量的目標,這些異常通常以沉積物周圍的大光環形式存在。
WS02 洞還有更多化驗正在進行中。在非常高品位的金段(43.9 g/t)之後,岩心損失了30厘米。
另一個表面洞——WS01——也是在同一個環上垂直鑽出的,但尚未對其進行記錄或採樣。
Prospect 山地鑽孔結果
表 1。化驗結果
Hole ID | 來自 (m) | 到 (m) | 攔截 (m) | TW* (m) | Au (g/t) | Ag (g/t) | 鋅 (%) | 銅 (%) | 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:如果沒有註明,TW(真實寬度)是未知的;沒有井下調查;*隨之而來的是30厘米的岩心損失;由於缺乏信息,在資源完成之前不使用截止等級。
表 2:鑽孔座標
Hole ID | Azimuth | 浸 | 北方 | 向東 | 總深度 (m) |
還有 27 |
WS02 | 270 | -45 | 1717445.778 | 384553.594 | 533.4 |
展望山地地質與礦化
該地區存在三種礦化方式,碳酸鹽含有斑岩相關的矽卡恩鉛(Pb)、鋅(Zn)、與白堊紀入侵相關的金(Au)礦化、金、銀(Ag)、鉛、碳酸鋅替代礦化(CRD)和僅限金的卡林式礦化。該地區的CRD礦化被嚴重氧化至Property Ridge線頂部以下至少610米(2000英尺)的深度。因此,迄今爲止,除了孤立的礦脈和殘餘的硫化物小豆莢外,該物業尚未觀察到初級礦化。歷史上開採的礦石由一團紅色的固結不良的細顆粒物質組成,這些物質通常存在於白雲岩內的空地裂縫和洞穴中,或者是可以延伸相當長度的不連續的吊艙和煙囪。礦石中存在的鉛礦物主要是鉛礦和鈣鐵礦,預計鋅將在風化期間大部分被去除,但在對傾倒材料和採礦場的有限採樣中,鋅似乎大致等於Prospect Ridge礦石中的鉛。鋅通常以異極礦、菱鐵礦和氫鋅礦的形式出現。黃鐵礦和黃鐵礦風化產生的鐵主要以赤鐵礦和各種含水鐵的形式出現,礦化區周圍有彩色的裂縫表面,有時在10米的距離內。金似乎通常與赤鐵礦塊有關,並且是自由浸出的。所有礦化似乎都受到結構控制,斷層的交叉點是首選地點。石灰石(和白雲岩)是宿主岩石。對Prospect Mountain的地質和礦化的更完整描述可以在美國內華達州尤里卡縣展望山地質和礦化的NI 43-101技術報告中找到,該報告日期爲2023年4月10日,該報告由LTI Advisory Ltd.的cgeol大衛·皮姆(理學碩士)和Merlyn Consulting Ltd. cGeol. 的託比·施特勞斯博士編寫,該報告已提交給SEE DAR 位於公司簡介下方和公司網站上 ()。
由合格人員進行審查、質量控制和報告 — Prospect Mountain
公司董事邁克爾·薩頓(Michael Sutton,P.Geo.)是代表公司監督本新聞稿中科學和技術披露準備工作的合格人員。合格人員沒有審查礦產所有權,也沒有獨立覈實財產或任何基礎財產協議的法律地位和所有權。目前,公司和合格人員都無法獨立覈實財產的歷史信息。
此處提及的所有核心均由位於內華達州斯帕克斯市Boxington Way Ste 101605號的必維國際檢驗局準備和金樣品進行了分析。該實驗室已獲得 ISO 17025、ISO14001 和 OHSAS 18001 認證。所有賤金屬檢測均由位於溫哥華瑟洛街535號801號的必維國際檢驗集團進行了檢測,並獲得了相同的認證。所有岩心樣品均在岩心處理設施中密封,然後直接運送到實驗室。所有樣本均通過 AAS 表面處理 30 克火焰分析進行金含量檢測。使用ICP-ES/MS (MA200) 分析賤金屬,使用Aqua Regia進行超限分析,使用AAS分析進行多酸消解。如果結果大於 10ppm,則完成 30g 火性分析分析(重量法完成)。該公司的質量保證/質量控制計劃包括定期在樣品裝運中插入空白和標準,以及複製說明。標準品和空白隨機插入,每 20 個樣品各一個(除非在以下樣本中插入空白處觀察到 VG 或極濃度的賤金屬)。計劃將5%的等級高於0.005 opt(但沒有值爲零)的樣本送往第二個實驗室。所有大於 0.15 opt 的樣本都將包括在內,其餘的以成績爲增量。鋅區330.6-353.5m的礦石回收率平均爲94%,而如果包括0.3m的核心損失(不包括在給定的等級中),黃金區的平均回收率爲77%,否則爲89%。
WS02洞是業主在其財產的安全位置持有的歷史核心,但公司無法保證監管鏈。
關於North Peak
該公司是一家總部位於加拿大的黃金勘探和開發公司,在多倫多證券交易所風險投資交易所上市,股票代碼爲 “NPR”。該公司專注於收購歷史遺蹟,在北半球擁有低成本生產黃金和其他金屬物業,具有短期生產潛力,礦山壽命超過8年。
該公司最近收購了位於內華達州尤里卡的Prospect Mountain Mine綜合體80%的初始權益(見該公司2023年5月4日和23日的新聞稿)。
公司目前無法保證其財產和權益將實現本文所述的公司業務發展目標。公司證券的交易應被視爲高度投機性。