NewPeak Metals commences drilling at Las Opeñas Project

NewPeak Metals (ASX:NPM) mobilised drilling operations at its flagship Las Opeñas Gold Project.

The initial phase of the programme involves a minimum of 2,500 metres of diamond drilling across approximately nine identified holes, with the company maintaining the optionality to expand total metres based on preliminary results.

The systematic campaign is specifically designed to test the extensions of historical gold and polymetallic anomalies that have long indicated mineralisation potential across the site.

A primary focus of the current works is the first drill hole, which is targeting an area adjacent to and at a greater depth than a 2012 historical intercept.

That previous hole, 12-LODH-03, yielded promising results, including 115m at 0.58g/t gold, 3.5g/t silver, 0.24% lead, and 0.65% zinc from a depth of 18m to the end of the hole.

By delving deeper into the established zones, NewPeak aims to validate the continuity and grade of the ore body.

At the time of reporting, NewPeak Metals' share price was $0.015.