Couloir Capital is Pleased to Announce That it Has Updated its Research Coverage on North Peak Resources

Vancouver, British Columbia–(Newsfile Corp. – February 27, 2026) – Couloir Capital is pleased to announce that it has updated its research coverage on North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (or “Company”). Couloir Capital’s Senior Mining analyst, Ron Wortel, MBA, P.Eng., QP, crafted a report titled “Drilling targeting resource development and regional consolidation, driving interest in this Nevada explorer.”

Report excerpt: “We are updating our coverage of North Peak Resources as it is systematically advancing its flagship Prospect Mountain project toward an initial, near-surface gold resource by expanding and linking mineralization northward between known high-grade trends. Recent results from the first six holes (807 m) of the Wabash/Industry Tunnel drill program demonstrate this strategy in action, with encouraging halo mineralization intersected between the Wabash and Williams lodes, including 42.67 m @ 0.82 g/t Gold and 99.06 m @ 0.56 g/t Gold and the discovery of a new gold-bearing zone along the Silver Connor fault. These results not only extend the mineralized envelope northward but also illustrate that the Company is expanding a continuous mineralized system with both depth and strike potential, rather than merely chasing isolated high-grade hits.

Beyond the northern area, North Peak has identified a second near-surface resource opportunity at Lower PME, located at the base of the mountain and interpreted to host the Hamburg/Dunderberg contact under cover. This structure corresponds to the same fault zone that McEwen Mining is actively advancing, targeting a resource in H1 2026. McEwen’s regional consolidation, most recently involving Golden Lake Exploration, now places North Peak between McEwen and i-80 Gold, both of whom are investing heavily in delineation and development across the camp. Importantly, North Peak’s Lower PME target represents a down-dip extension of the system that remains open at depth.”

The report can be accessed through Couloir Capital’s portal: https://www.couloircapital.com/research-portal.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals providing institutional-quality research coverage for small-cap equities. Our research reports are distributed via Bloomberg, FactSet, Capital IQ, LSEG, Research Tree and other platforms, as well as via social media and extensive email distribution lists. To subscribe, visit: https://www.couloircapital.com/research-portal

DISCLAIMER:

Analyst Disclosure: The Company has retained Couloir Capital under a service agreement that includes analyst research coverage only.
The principal of Couloir Capital maintains a financial interest in the securities or options of the Company through an affiliated fund entity.

Investors are encouraged to read the complete list of disclosures contained in the report.

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