Corporate News

NewPeak Metals Limited announced preliminary results from its inaugural drill hole, 26‑LODH‑023, at the Las Opeñas gold‑zinc‑silver project in San Juan Province, Argentina. The 663‑metre hole, completed in May 2026, demonstrates a continuous polymetallic mineralisation that is characterised by a transition from gold‑rich to more zinc‑ and silver‑dominant intervals.

Mineralisation Overview

  • Overall grade: The bulk of the intercept delivers a gold‑equivalent grade of approximately 0.4 g/t.
  • High‑gold interval: An 84‑metre section records a higher gold dominance of about 0.5 g/t.
  • High‑metallic‑equivalent interval: A 282‑metre section yields a gold‑equivalent grade of roughly 0.65 g/t, reflecting a substantial shift towards zinc and silver phases.

These results indicate a broad, low‑grade system that extends to the bottom of the hole, suggesting that the mineralisation is not confined to isolated high‑grade pockets but is instead part of a more extensive, disseminated deposit.

Strategic Significance of Zinc and Silver Credits

The presence of zinc and silver credits is notable given that both metals were added to the United States Geological Survey’s 2025 Critical Minerals List. This inclusion enhances the strategic value of the project, potentially opening new avenues for investment and partnership, particularly in jurisdictions prioritising critical mineral supply security.

Geological Setting and Mineralisation Model

The drill intercept falls within a breccia‑rich, volcanoclastic sequence that is part of the prolific El Indio Belt. The mineralisation pattern is consistent with a low‑sulphidation epithermal system, characterised by:

  • High‑temperature hydrothermal fluids that precipitate gold, zinc, and silver in a controlled, sequential fashion.
  • Brecciation that provides a conduit for fluid flow, facilitating the distribution of metal‑bearing solutions.

The data align with historic drilling in the area, reinforcing confidence in the regional mineralisation model and supporting the hypothesis of a continuous, system‑scale deposit.

Upcoming Assay Data and Project Outlook

NewPeak Metals has completed five additional drill holes as part of its 2026 programme. Assay results from these holes are anticipated within the next three to six weeks. Should these results continue to corroborate the trend observed in 26‑LODH‑023, the company intends to:

  1. Advance towards a maiden resource estimate that will quantify the size, grade, and economic viability of the deposit.
  2. Leverage the permitting for additional drilling—up to 7,500 m—to further delineate the extent of the system.

The exploration strategy focuses on expanding the known mineralisation footprint and evaluating the potential for resource expansion. A robust resource base could enhance the project’s commercial prospects, facilitating the transition from exploration to development.

Conclusion

The 26‑LODH‑023 results provide a promising foundation for NewPeak Metals Limited’s Las Opeñas project. The combination of low‑grade, polymetallic mineralisation with critical‑metal credits positions the project favorably within both the scientific and investment communities. Continued drilling and forthcoming assay data will be pivotal in determining the ultimate economic potential of this Argentinean asset.