North Peak Resources (TSX-V: NPR) (OTCQB: NPRLF) is a mining company backed by a team of experienced mining investors and developers, many of whom founded Kirkland Lake Gold. The Company is focused on acquiring low cost producing gold and other metals properties, with near term production potential and 8+ year mine life in the northern hemisphere. The Team has a successful track record of financing and developing mines and has raised more than $3.5bn capex for all projects and is focused on delivering shareholder value.

* The Company can give no assurances at this time that the Prospect Mountain Mine Complex will fulfill the Company’s business development goals described above.

Nevada is a top tier mining jurisdiction hosting many of the largest gold mines in the world and consistently being ranked as one of the most attractive jurisdictions based on overall investment, mining policy and geological attractiveness.

The Eureka Mining district is located in the southern portion of the famous Battle Mountain/ Eureka trend.  The district is a structurally complex area between the Central Nevada Thrust belt and the earlier Roberts Mountain thrust and allochthon. The District is known for its past production of significant amounts of rich Carbonate Replacement (CRD) style polymetallic ores of gold, silver and lead and was Nevada’s leading silver-lead district from 1869-1890.

Prospect Mountain Mine Complex

In May 2023, the Company acquired an 80% stake in the Prospect Mountain Mine complex and following a successful evaluation campaign, secured the remaining 20% in July 2025.

The Prospect Mountain Mine complex was the second largest historical producer within the Eureka camp, from largely CRD style deposits from more than 20 historic mines that were first active in 1880. Some of these mines produced some high grade material such as Williams – averaging 3.9 oz Au, 28.56 oz Ag.*

Despite the more than 150 year history of exploration and mining at the Prospect Mountain Mine complex, the property contains very limited recorded drilling.

The mountain is accessible from the East side through the Diamond portal sitting at 7,800 ft amsl, which was upgraded in 2000 to include running electricity, air and water lines into the mountain. Historic mining tracked readily leachable oxide mineralization from surface at 9500 ft amsl to the water table at 6500 ft amsl providing 3,000 ft (914m) of oxide potential (the deepest in the district).

There are extensive underground workings present on the property (approximately 11 miles of drifting and development) much of which is still accessible and in good shape. The mine is completely dry to the lowest levels of the workings due to still being above the water table.

In 2023, North Peak undertook a soil sampling campaign across the entire property as part of its evaluation under the inital option agreement. This identified both Carlin and CRD style mineralisation over a 3 km strike. In addition, a Mobile MT geophysical survey identified a 2 km anomaly sitting directly underneath the historical workings within the mountain.

A Plan of Operations is in place which covers part of the Property (totalling 81 acres) and entitles an operator to pursue surface exploration, underground mining of up to 365,000 tons per annum and certain infrastructural works. The surface exploration area was expanded in 2024 to 189 acres, allowing the potential to drill across much of the ridge of the mountain.

Geochemistry: Soil sampling in Q3 2023 identified both Carlin & CRD style mineralisation over a 3km strike

Geophysics: 2km anomaly sitting underneath workings

Management and Board

Harry Dobson

Director & Executive Chairman

Harry Dobson is a former investment banker and senior partner of Yorkton Securities. He currently engages in various merchant banking and venture capital activities in North America and Europe and was formally a founding shareholder and Chairman of Kirkland Lake Gold Inc., and is a founding shareholder of Rupert Resources Ltd.  He has acted as Chairman of several resource companies, including American Pacific Mining Company Inc. and Lytton Minerals Limited, and is currently chairman of Western Gold Exploration Ltd. and Borders & Southern Petroleum plc.

Rupert Williams

CEO & Director

Rupert Williams is a mining financier and since 2015 has been a director of Smaller Company Capital Ltd, which focused on raising funds in the natural resources industry. In the last fifteen years, Rupert Williams has been instrumental in raising more than £500 million in capital for mining companies and managing key corporate clients. He co-founded Ocean Equities in 2003 to take advantage of rising commodity prices. Rupert’s role at Ocean Equities was to bring in corporate clients and organize fund raisings, both primary and secondary. There, he led a sales team of six with the support of four research analysts concentrating efforts on junior and mid cap mining companies.

Chelsea Hayes ³

VP of Operations & Corporate Development

Chelsea Hayes has been working as a marketing and communications advisor for over 25 years. Chelsea Hayes was a Founding Director of financial PR consultancy, Pelham Public Relations, in November 2004, growing it to a 40-strong, £6m business and advising technology, media, mining and energy companies, before merging with Bell Pottinger and then leaving the business. Since then, she has been involved in founding and growing several other businesses in the UK. She holds an MBA from Henley Business School. She is also a Director of Western Gold Exploration Ltd.

Jim O’Neill

Chief Financial Officer

Mr. O’Neill has over 30 years of experience as a finance executive with multinational businesses operational in Canada, USA, the UK, Turkey, and Kenya. He has extensive public company financial management and governance experience, including junior mining exploration, development, and operations, in addition to project management, manufacturing, and distribution businesses. He has also worked alongside members of management and certain directors of the Company in other stock exchange listed companies.

Ty Erickson ²

Director

Dr. Erickson grew up in the Eureka and Ely, Nevada communities in a mining oriented family. His father, Einar C Erickson PhD, was a noted exploration geologist in Nevada for over 60 years, who acquired the Prospect Mountain Mine complex over 40 years ago. His parents both worked at Kennecott in Eastern Nevada.

Dr. Erickson has a dual board certification in Obstetrics/Gynecology and Female Pelvic Medicine and Reconstructive Surgery and serves on the faculty as an urogynecologist at the UNLV School of Medicine in Las Vegas, Nevada. He trains surgeons on advanced pelvic floor reconstruction in the United States and has taught surgery in twenty countries on four continents. He has been a director on four health care organizations and currently is chairperson of a charitable nonprofit, The Janice Foundation: focusing on reducing the suffering of women.

John Thomson ^1,2,3

Director

John Thomson was the former CFO of Kirkland Lake Gold during its important years of strategic exploration investment and growth. John has significant experience in building joint venture and distributor relationships in the FMCG and pharmaceutical sectors internationally and has worked internationally in a variety of senior roles for companies including PepsiCo. Most recently, he has built up a successful consulting business providing advice to institutional shareholders and management teams in the media, minerals, and technology sectors.

Michael Ouellette ^{1 & 2}

Director

Michael Ouellette serves as Principal/Managing Director of Starboard Advisors, a US-based multi-family office and has over two decades of executive leadership in the family office industry. Throughout most of his career, he has worked with closely-held companies, private and public investments on board governance including several appointments as a Director or an advisor for private and non-profit organizations. He has a degree in Business Management from the University of Maine and also holds a Master’s Degree in Public Policy from the Muskie School of Public Policy at the University of Southern Maine.

Gordon Chmilar

Director

Gordon Chmilar is a corporate lawyer with 20 years of experience and is the founder of Modern Finance Law in Calgary, Alberta.

Gordon Chmilar frequently represents issuers, underwriters, and investors in public and private securities offerings, and has gained extensive experience in international mining, technology, and oil & gas related financings and transactions and joint ventures. Mr. Chmilar holds a law degree from the University of Calgary and a Bachelor of Commerce degree from the University of Alberta.

¹ Independent Directors
² Member of Audit Committee
³ Member of Compensation Committee

Advisory and Support

David Pym

Lead Geologist

David leads North Peak’s geology team and is a Chartered Geologist with over 30 years of international experience in the mining industry, with roles ranging from Exploration Geologist to President and CEO of a listed company that successfully made the transition from an exploration company to a producing company. He has worked in many jurisdictions including Australia, Venezuela, Canada, Indonesia and Scandinavia across a broad range of deposit styles.

Ari Erickson

Technical & Permit Consultant

Ari is a technical consultant to North peak focused on community engagement and permit support.  He served in the United States Navy on CVN-74 (John C Stennis) and CVN-77 (George H. W. Bush) as a Nuclear Reactor Operator.  In 2013, working alongside his father Dr. Ty Erickson and Grandfather Dr. Einar Erickson to focus his fulltime attention on the family mining enterprises in central Nevada.  He was responsible for securing the 1,000 tpd mining permit that exists at the Prospect Mountain Mine complex.   Having lived in Eureka, he also has strong local network with the community as well as local contractors.

Mike Sutton

Technical Advisor

Mike has supported North Peak since inception helping to evaluate mining properties and exploration potential and continues to provide technical support.  HIs career spans over 40 years as an exploration geologist in Canada and internationally. Mr. Sutton was Chief Geologist at Kirkland Lake Gold where he was awarded the Prospector of the Year for Ontario (along with Stew Carmichael) for the discovery of the South Mine Complex. He is a former Director of North Peak Resources and Rupert Resources

Marcus Bursik

Geologist

Marcus holds a Ph.D. in geology from Caltech, and leads geology efforts on the ground.  He has over 30 years experience running geologic projects for engineering, utility, insurance and mining companies, and government agencies, with 4 years of experience in the Eureka gold camp.  His geologic work started in the Great Basin of NV/CA, and he has since worked across the western US, as well as in Mexico, Colombia, El Salvador, Azores, USSR/Russia, in all types of geologic terrains.

Matt Bell

Site Manager

Matt is the Site Manager of the Prospect Mountain Mine Complex and lives in Eureka. He manages 640,000 acres of farmland in the Eureka area and has a strong network with the local community. He has been involved in water well drilling, mechanical support and farming in the area for over 15 years.

Sandra Saavedra

Finance & Marketing Manager

Sandra, based in the USA, has over 15 years of experience supporting the growth and development of startup companies in areas such as administration, customer relations management, marketing, and most recently, finance. She is bilingual in English and Spanish. In 2022, Sandra was selected by the U.S. Department of State as part of the Young Leaders of the Americas Initiative (YLAI). Sandra holds an Associate Degree in Hospitality and Tourism and a Bachelor’s Degree in Business Administration.

Capital Structure

Main Office:
421 7th Avenue S.W. 30th Floor
Calgary, Alberta, T2P 4K9
Canada

+1 647 424 2305

Nevada:
579 Highway US-50
Eureka, Nevada 89316
USA

+1 775 405 6764

Email:
info@northpeakresources.com