NewPeak Metals Limited to announced that the maiden drilling of the Argentine Cachi Gold Project has commenced. NewPeak has two maiden drilling programs underway for exceptional Gold exploration projects in two of the world's top mining jurisdictions, New Zealand (Cap Burn Gold Project) and Argentina (Cachi Gold Project). Plans are also in place to drill the Las Opeñas Gold Project in Argentina, and the Finland Gold Projects, once permits have been granted, expected in the coming several months. Either one, or all of NewPeak's Gold projects have the potential to fulfill the Company's primary objective of discovering and defining multi-million-ounce JORC Gold Resources. NewPeak has established adequate organisational resources in each jurisdiction to carry out the programs successfully and is fully funded for their implementation. Cachi Gold is NewPeak's largest project in Argentina and has never been drilled. It lies in the heart of the Deseado Massif in Santa Cruz Province, a location host to numerous milti-million-ounce, epithermal style Gold-Silver deposits, including Cerro Vanguardia mine owned by AngloGold Ashanti and Cerro Negro mine owned by Newmont. Cachi Gold Project Maiden Drilling Program, Argentina Drilling commenced this week, with COVID procedures and protections in place. The program was designed to prove that the high grade Gold mineralisation discovered on surface further extends at depth in the priority targets, Vetas Cachi and Vetas NW. The program consists of: Vetas Cachi Target ­ drilling to test the continuity of Gold anomalies below 50 and 100 meters from surface under the best outcrop anomalies. This is a high grade Gold epithermal target, associated with multiple parallel vein-breccias developed in Caldera border faults. Vetas NW Target ­ drilling is designed to test the continuity of surface Gold-Silver anomalies at a depth of 50m. This is a Gold-Silver epithermal vein-breccia target, distal to the Caldera border, but still considered to be linked to mineralisation associated with the Caldera system. Perforadora Santacruceña Drilling Company has been contracted to carry out diamond core drilling utilizing an Atlas Copco Christensen CS14 drilling rig capable of drilling to 1,200m depth. NewPeak's Argentinian Exploration Manager Nicolás Stoessel is on site supervising the program in conjunction with qualified geological support. Cap Burn Otago Gold Drilling Update, New Zealand: Drilling is expected to recommence shortly at Cap Burn. Delays in recommencing are due to rig availability from the preferred contractor and access consent approvals, slowed down over the end of year holidays. Presently there is a substantial amount of drilling activity in the South Island. When drilling resumes, the focus will be to complete the Target 1 drilling program on the Cap Burn East Block. Planning is also underway for the drilling of multiple anomalies on the Cap Burn West Block. The Western Block hosts Gold mineralisation typical of that found in the brittle rock fracture lodes arising after rock metamorphism in the texture IV schist. Soil sampling to date has identified anomalous Gold, Aresenic and Antimony over a 3km2 area. Of the 20 analysed quartz vein rock float samples, 19 returned anomalous Gold (>0.1 g/t Gold) with three of these returning values between 1 and 2 g/t Gold ii.