Prosper Gold Corp. is pleased to announce that it has entered into a definitive royalty purchase agreement with Perry English, pursuant to which Prosper has agreed to purchase 100% of Mr. English's right, title and interest in a 2% net smelter return royalty on Prosper's Skinner Gold Property located in the Province of Ontario . On closing of the Transaction, subject to the prior approval of the TSX-Venture Exchange [...]
Prosper Gold Corp. is pleased to announce that it has exercised its previously announced option under the Option Agreement dated August 9, 2020 between the Company and Sabina Gold & Silver Corp. to acquire a 100% interest in the Golden Sidewalk property and the Skinner property consisting of approximately 3,000 hectares of mineral claims, leases and patents in the Red Lake mining district of Ontario. "The exercise of the [...]
Prosper Gold Corp. announces that it has closed a $966,000 second tranche of its previously announced non-brokered private placement of up to $2,000,000 of hard dollar units and flow-through units of the Company . The second tranche consisted of 2,155,000 HD Units at a price of $0.20 per HD Unit and 2,140,000 FT Units at a price of $0.25 per FT Unit, for aggregate gross proceeds to the Company of $966,000 . Each HD Unit [...]
Prosper Gold Corp. is pleased to report it has commenced its maiden diamond drilling program at the Skinner North Target and closed a $725,000 first tranche of a non-brokered private placement of up to $2,000,000 of hard dollar units and flow-through units of the Company . "We are excited to commence the first ever drilling at this new target area," commented Peter Bernier, CEO. "Trenching at the Skinner North prospect [...]
Prosper Gold Corp. is pleased to report channel sampling results from the Skinner North prospect and identification of exploration targets at the Skinner Target Area. The Skinner Target Area is 4 kilometres northwest of the Golden Corridor and was identified by prospecting and 2021-2022 till sampling results. The Company completed stripping, channel sampling, and ground magnetics at the Skinner North for which all results [...]
Prosper Gold reports remaining results from its inaugural drilling program and the outlining of an additional high-priority, kilometre-scale target at the Golden Sidewalk Project Red Lake. Over the course of its 2022 winter drilling program, the Company has completed 6,741 metres in 21 drill holes over 2.8 kilometres of the Golden Corridor trend. Drilling continues to outline a large hydrothermal system with associated [...]
Prosper Gold is pleased to announce that it has entered into a definitive option agreement with CAVU Mining Corp. to grant CAVU the exclusive right and option to acquire Prosper’s 51% interest in the Star Project. Under the terms of the Option Agreement, CAVU may exercise the Option by (i) issuing 1,250,000 common shares in the capital CAVU to Prosper on or before May 23rd, 2022, and (ii) making aggregate cash payments of [...]
Prosper Gold Corp. is pleased to announce that it has entered into a non-binding letter of intent dated April 20th, 2022 with CAVU Mining Corp. , a company incorporated under the laws of British Columbia, to grant CAVU the right to earn and acquire Prosper's 51% interest in the Star Project located in the province of British Columbia . Under the terms of the LOI, CAVU may exercise the Option by: issuing 1,250,000 common [...]
Prosper Gold Corp. is pleased to announce that it has exercised its previously announced option under the Option Agreement dated August 9, 2020 between the Company and Sabina Gold & Silver Corp. to acquire a 70% interest in the Golden Sidewalk property and the Skinner property consisting of approximately 3,000 hectares of mineral claims, leases and patents in the Red Lake mining district of Ontario. In order to acquire [...]
Prosper Gold Corp. is pleased to report that it has now intersected gold mineralization along 2.8 kilometres of the Golden Corridor trend at the Golden Sidewalk Project Red Lake, Ontario. The Company has completed reconnaissance drilling totaling 21,103 metres in 66 diamond drill holes over 4.8 kilometres of the Golden Corridor . Drilling continues to outline a large hydrothermal system, intersecting ankerite ? biotite [...]
Prosper Gold Corp. has completed Phase I of exploration at the Golden Sidewalk Project , in the Birch-Uchi region of Red Lake, and is moving to Phase II. The Company has completed reconnaissance drilling totaling 15,040 metres in 48 diamond drill holes over 4 kilometres of the Golden Corridor. 43% of assay results have been received to date. Drilling has intersected a pronounced zone of ankerite ? biotite alteration with [...]
Prosper Gold Corp. is pleased to provide an exploration update on till sampling and diamond drilling activities from the 2021 exploration program at the Golden Sidewalk Project in the Birch-Uchi region of Red Lake. The Company has completed 5,167.8 metres in 17 diamond drill holes to date with assay results from all holes pending. The Company has made efforts to improve analytical laboratory turnaround times. Highlights [...]