NewPeak Metals Limited (ASX:NPM) has announced an initial drilling program for the Cap Burn Gold Project in New Zealand. The maiden drilling program will commence in December 2020 and will target the main bulk mineralised surface anomalies (1 X 1 km) within the project area. Cap Burn holds multiple drill ready targets to be tested under NewPeak’s exploration strategy.
The gold explorer has also updated that the drilling program at the Cachi gold project in Argentina remains on track for December. The Las Opeñas Gold Project in Argentina and the Finland Tampere Gold Project are anticipated to be tested during the first half of 2021.
NPM traded at $0.003 a share on 12 November 2020 (11:27 AM AEDT), registering an increase of almost ~16.7% against the previous close.