Nevada King Gold (TSXV: NKG) successfully extended the strike today at their 2,159 acre Atlanta Gold Project in Nevada to over 1km. NKG's current market cap: $80.38 million.
North Peak Resources (TSXV: NPR) successfully signed a definitive agreement yesterday for the 2,733 acre Black Horse Gold Project in Nevada. In NPR's press release the company said, "Minex acquired the 136 unpatented lode claims that constitute the Property beginning in 1998 and via drilling campaigns in 1998-1999 drilled 300 plus holes that identified a mineralization zone that appears to have a strike length of two miles with drilling generally at 100-foot centers."
2 miles = 3.22km
NPR's Black Horse Gold Project strike is approximately 3X longer than NKG's flagship Atlanta Gold Project!
A market cap for NPR of 3X higher than NKG would value NPR at $241.14 million or approximately $12 per share!
When NPR surpasses its most important key breakout point of $9.80 per share, it will likely breakout above $12 per share within days!
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. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 200,000 shares of NPR in the open market. NIA has received compensation from NKG of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.