Mr. Rupert Williams reports

NORTH PEAK ANNOUNCES GRANT OF STOCK OPTIONS

North Peak Resources Ltd. has granted incentive stock options to acquire a total of 500,000 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 anniversary of the date of grant. These options have a five-year term. Of these options, 400,000 were granted to directors and officers and 100,000 were granted to consultants of the company.

About North Peak Resources Ltd.

The company is a Canadian-based gold exploration and development company listed on the TSX Venture Exchange under the symbol NPR and the OTCQB under the symbol NPRLF. Launched by the founding team behind both Kirkland Lake Gold and Rupert Resources, the team has a strong record of acquiring mining assets, applying modern exploration techniques and taking them into operational mines.

North Peak's flagship property is the Prospect Mountain mine complex, which 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: Carlin-style gold and silver 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 and entitles an operator to pursue surface exploration (totalling 189 acres), underground mining of up to 365,000 tons per annum and certain infrastructural works. A more complete description of the property's geology and mineralization, including at the Wabash area, can be found in the National Instrument 43-101 technical report on the Prospect Mountain property in Eureka county, Nevada, United States, dated and with an effective date April 10, 2023, prepared by David Pym, MSc, CGeol, of LTI Advisory Ltd. and Dr. Toby Strauss, CGeol, EurGeol, of Merlyn Consulting Ltd., which has been filed on SEDAR+ under the profile of the company and on the company's website.

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.