Couloir Capital is Pleased to Announce That it Has Updated its Research Coverage on North Peak Resources

Core Insights - Couloir Capital has updated its research coverage on North Peak Resources Ltd., highlighting the company's systematic advancement of its flagship Prospect Mountain project towards an initial near-surface gold resource [1][2] - The report emphasizes the successful drilling results from the Wabash/Industry Tunnel drill program, which includes significant intersections of gold mineralization, indicating the expansion of a continuous mineralized system [1] Group 1: Project Development - North Peak Resources is focusing on expanding and linking mineralization northward between known high-grade trends, with recent drill results showing 42.67 m at 0.82 g/t Gold and 99.06 m at 0.56 g/t Gold [1] - The discovery of a new gold-bearing zone along the Silver Connor fault further supports the company's strategy of developing a continuous mineralized system rather than isolated high-grade hits [1] Group 2: Resource Opportunities - Beyond the northern area, North Peak has identified a second near-surface resource opportunity at Lower PME, which is interpreted to host the Hamburg/Dunderberg contact under cover [2] - This structure is associated with the same fault zone that McEwen Mining is actively advancing, indicating a competitive landscape for resource development in the region [2] - North Peak's Lower PME target represents a down-dip extension of the system that remains open at depth, suggesting further exploration potential [2]