Dec. 12 at 12:04 PM
$BTLLF $KL $IAUX
North Peak Resources (TSXV: NPR) gained by 20.69% today to a new 52-week high of
$1.40 per share.
NPR resembles Kirkland Lake Gold in 2001, prior to NPR Executive Chairman Harry Dobson taking its market cap from
$20 million to
$2 billion.
If NPR's Industry Tunnel and/or Dean Cave drill core assays are very high grade (which seems likely given the channel samples up to 90.4 g/t gold), NPR may want to lead into the blockbuster results with a warm-up announcement.
The so-called “waste dumps” at Prospect Mountain were created between 1880 and 1950, when only spectacular ore — often 15–50 g/t gold, 600–1,800 g/t silver, 10–25% lead, and 5–15% zinc — was sent to the mill. Anything less was tossed aside. What was considered “waste” a century ago could be extremely economic today, potentially allowing NPR to begin generating meaningful revenue in 2026.
https://www.inflation.us/news/articles/north-peak-resources-new-52-week-high-drilling-results-coming-soon/
