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NewPeak Metals Limited (ASX:NPM)

ALERT: Price-sensitive ASX Announcement for NPM
Current share price for NPM : $0.010 -0.005 (-33.33%)+
Announcement
Release
24 Aug 2026 9:41AM
Price at Release
$0.015
Full Release
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Summary
NewPeak Metals Limited announced promising assay results from the Las Opeñas project in San Juan Province, Argentina. A significant 650m intercept, named LODH-027, shows potential for a large gold/polymetallic system. The drilling results included extended mineralized zones with notable gold equivalent grades, supporting the project's transition from an early-stage prospect to a potentially large-scale system. Phase 2 drilling is planned to further explore the open mineralization, with permits secured for additional drilling. An investor webinar was scheduled to discuss these results.
Key Points
  • Second 650m+ intercept transforms Las Opeñas into a promising prospect.
  • Hole LODH-027 yielded 657m of assay results indicating substantial mineralization potential.
  • Phase 2 drilling will target areas where gold grades strengthen towards the west.
  • NewPeak is fully permitted for additional drilling to continue exploration.
  • An investor webinar was organized to discuss the results and future plans.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.