North Peak Resources Secures All Required Permits for 2026 Drilling

Calgary, Alberta--(Newsfile Corp. - May 19, 2026) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the " Company " or " North Peak ") is pleased to announce that it has secured all required permits to commence exploration drilling across five target areas at its Prospect Mountain Mine Complex (the " Property ") in Eureka County, Nevada. The Property lies in the heart of the Eureka mining camp along the famous Battle Mountain/Eureka gold trend. Earthworks are expected to commence shortly, marking the beginning of the Company's broadest and most ambitious exploration campaign to date.

The 2026 program follows the Company's full acquisition of the Property in July 2025, and an initial drill campaign undertaken in the fall of 2025, which started to test two new target areas and provided key geological data ahead of this larger program. "This is a landmark moment for North Peak. We have worked hard to secure the access and approvals necessary to drill five separate target areas - the majority of which have never been tested with modern equipment.

Several of these areas lie within or adjacent to individual historic patented mining claims that have seen little to no systematic modern exploration, making access to them a significant and hard-won milestone. The geological evidence at each target is compelling, and we look forward to letting the drill bit speak," stated Rupert Williams, CEO. The 2026 program represents the first time that modern reverse circulation or diamond drill equipment will be deployed across the majority of the five target areas.

Much of this ground has not been the subject of systematic exploration since the earliest days of mining activity at Prospect Mountain - in many cases, since the silver and gold rush era of the 1880s. North Peak believes this creates a genuine first-mover opportunity in a district that has already produced over 3.1 million ounces of gold historically, and which carries a total endowment of approximately 8 million ounces