Mr. Brian Hinchcliffe reports

NORTH PEAK ANNOUNCES GRANT OF STOCK OPTIONS

North Peak Resources Ltd. has granted incentive stock options to acquire a total of 200,000 common shares of the company at an exercise price of $1 per share, with such options to vest as to one-half immediately and the remaining one-half on the first-year anniversary of the date of grant. The options expire five years from the date of grant. Of these options, 100,000 were granted to the chief financial officer of the company and the remaining 100,000 were granted to consultants.

About North Peak Resources Ltd.

The company is a Canadian-based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol NPR. The company is focused on acquiring historic sites, with low-cost producing gold and other metal properties, with near-term production potential and an eight-year-plus mine life in the northern hemisphere.

The company has acquired an initial 80-per-cent interest in the Prospect Mountain mine complex in Eureka, Nev. (see the company's May 4, 2023, May 23, 2023, and Aug. 25, 2023, press releases).

About Prospect Mountain

The property lies in the Battle Mountain Eureka trend, in an area known as the Southern Eureka gold belt, where three styles of mineralization have been identified: gold and silver Carlin-style mineralization; carbonate replacement gold, silver, lead and zinc mineralization (CRD); and carbonate-hosted porphyry-related skarn lead, zinc and gold mineralization, associated with Cretaceous intrusions. At the property, the CRD mineralization is heavily oxidized to depths of at least 610 metres (2,000 feet) below the top of the ridge line.

A plan of operations is in place, which covers part of the property (totalling 81 acres) and entitles an operator to pursue surface exploration, underground mining of up to 365,000 tonnes per annum and certain infrastructural works. It includes a permit to extract water from a well and to build water containment facilities.

The company can give no assurances at this time that its properties and interests will fulfill the company's business development goals described herein. Trading in the securities of the company should be considered highly speculative.

We seek Safe Harbor.