North Peak Resources Ltd. announced results from the recently completed Magnetotelluric (MT) helicopter geophysical survey on its Prospect Mountain property in Eureka, Nevada. This work program was undertaken in May and June alongside other geophysical surveys, which included a ground gravity and drone magnetic survey, and geochemical sampling programs consisting of underground channel sampling and soil sampling to define surface and underground gold and polymetallic drilling targets on the mining complexes across Prospect Mountain. Highlights: A 2km long conductive anomaly directly beneath the old oxide gold, silver, lead, zinc stopes and mine workings on the Property is highlighted by the geophysical survey.

The anomalies occur immediately below the water table where historical records from the district indicate the oxide sulphide transition occurs as it has in other mines in the Eureka Camp and may indicate sulphide mineralization is present. Magnetotellurics is a passive electromagnetic system designed to measure resistivity/conductivity of the Earth and is especially useful for penetrating to deeper levels than comparable geophysical methods.