Yeah I wrote about it a while agoNPM with a busy few months of news coming up, think a few of you lot were in on this? I'm holding a small parcel.
-Argentine Cachi Gold Project maiden drilling program to commence December 2020 utilising Perforadora Santacruceña Drilling Company with a CS14 diamond coring drilling rig.
- Designed to prove the high grade Gold mineralisation discovered on surface extends at depth, leading towards the ultimate definition of a JORC Gold Resource.
- Cachi is a Caldera hosted epithermal Gold vein system with multiple large targets where rock chips have returned 17.8 g/t Gold and 50 g/t Silver, diamond sawn channel samples of 9 g/t Gold, and trench samples with 1.2g/t Gold over 11m width.
- New Zealand Cap Burn Project drilling program in final stages of design and planning for proposed commencement in December 2020.
- New permit addition to the Otago Gold Project titled Serpentine. The Serpentine EPA is 7,966 ha and NewPeak’s total ground footprint is 51,595 ha. The EPA area covers a possible sheared boundary between two distinct textural terranes similar to the geological setting at Macraes Mine.
- Finland Tampere Gold exploration permits transferred to NewPeak. Drilling program implementation plans in progress.