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NewPeak Metals Ltd. ( (AU:NPM) ) has provided an announcement.
NewPeak Metals has confirmed that drilling at its 100%-owned Las Opeñas gold project in San Juan, Argentina, is scheduled to commence within a week. The company has established an accommodation camp and core processing facilities in the nearby village of Malimán de Abajo, secured a local water supply, and engaged driller Ecominera, which is now mobilising equipment to site.
At its Tansey gold project in Queensland, NewPeak has completed preparation of most of the 1,179 metres of diamond drill core for chemical analysis and dispatched samples to a laboratory in Brisbane. The company now expects assay results in mid-to-late May after longer-than-anticipated preparation times, a timetable that will inform the next phase of exploration planning across its Australian portfolio.
More about NewPeak Metals Ltd.
NewPeak Metals is a mineral exploration company focused on gold projects, with key assets in San Juan province, Argentina, and Queensland, Australia. The company advances early-stage exploration through drilling campaigns and assay analysis, targeting discoveries that could enhance its position in the precious metals sector.
Average Trading Volume: 573,930
Technical Sentiment Signal: Sell
Current Market Cap: A$5.92M
Learn more about NPM stock on TipRanks’ Stock Analysis page.