NPR Gained 16.67% Yesterday, Homestake Drilled Holes at Prospect Mountain Mine Complex
North Peak Resources (TSXV: NPR) gained by 16.67% yesterday to $1.05 per share and 2025 drilling will be announced as soon as permits are received in the upcoming days.
NPR's Prospect Mountain Mine Complex previously had the attention of Homestake Mining, which at the time was the world's #1 largest gold miner. Homestake discovered high-grade gold in areas that haven't yet been followed up on with additional drilling. NPR's 2024 drilling program was the first drilling program at the property since Homestake drilled some holes decades ago. The Erickson family sat on the property for decades prior to NPR finally acquiring 100% ownership in recent days!
NPR is a very tiny market cap company, and they are in an amazing location with road access, power, water, etc. If NPR discovers more high-grade material in 2025 similar to what they discovered in 2024, the upside is astronomical. We trust NPR Executive Chairman Harry Dobson who previously founded Kirkland Lake Gold which sold for $11 billion and Rupert Resources (TSX: RUP) a $1.19 billion market cap company. He was previously the third largest shareholder of Manchester United, which is tied with Liverpool as the most valuable European sports franchise.
McEwen Mining (MUX) recently acquired the property directly to the south of NPR. Rob McEwen is a very smart guy and knows this is the #1 best location in all of Nevada for new high-grade gold discoveries.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 60,000 shares of NPR in the open market and intends to buy more shares. NIA has received compensation from NPR of US$50,000 cash for a six-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.
