Most people we know aren't willing to part with their North Peak Resources (TSXV: NPR) shares no matter how high it goes so it is always important to use limit orders because there might not be many shares available in the market to buy near its current price. If you place a market order you could get screwed over and overpay for the stock.
Between 1871-1881, the Eureka Mining Camp paid out larger dividends to its shareholders from two mines than all 13 mines in the Dakotas, Utah, and Arizona combined!
Historical production at NPR's Diamond Mine at the Prospect Mountain Mine Complex averaged grades of 22 g/t gold from near surface oxide gold.
NPR is the first company to drill below the historical Diamond Mine at the Prospect Mountain Mine Complex. NPR has discovered sulphide mineralization and is awaiting multi-element assay results!
In the next few weeks, we will learn the multi-element assay results of NPR's first deep drill hole! If they didn't believe they have discovered something big, they wouldn't leave the metal casing in the hole for potential wedge drilling!
NPR is at one of the top two most favorable places on The Lassonde Curve, at the point of an initial discovery hole, where they could be ready to announce one of the highest-grade polymetallic discoveries in modern Nevada history! NPR's Prospect Mountain Mine Complex is the last remaining property in the Eureka CRD District that was unexplored for sulphide mineralization. The past producing Diamond Mine at NPR's Prospect Mountain Mine Complex is in between exactly the same faults as the high-grade FAD and Hilltop polymetallic carbonate replacement deposits discovered directly to the north!
NPR's CEO Brian Hinchcliffe and Geologist Mike Sutton previously discovered the high-grade South Mine Complex at the Macassa Mine in Ontario, which turned Kirkland Lake Gold into the world's highest grade gold miner, causing Agnico Eagle Mines to acquire Kirkland Lake Gold in 2022 for CAD$13.51 billion.
NPR's current market cap is only CAD$46.705 million or 0.35% of what Kirkland Lake Gold was acquired for!
The conductive anomaly being targeted by NPR where sulphide mineralization is now confirmed is 2km long! Even lower grade material like Hercules Silver (TSXV: BIG) has discovered over a 2km long conductive anomaly would be extremely valuable, but NPR is drilling below one of the highest-grade past producing gold mines in Nevada history!
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. This message is meant for informational and educational purposes only and does not provide investment advice.