Prosper Gold Corp. has completed the phase 1 drill program at the Matachewan Project . Seven diamond drill holes totaling 2,111 meters were drilled, logged, and sampled by Prosper Gold at the Middleton target and assays have been received for all 7 holes. Prosper drilled on the immediate northwest side of the Cadillac-Larder Lake Break and highway 66, in an area underlain by pink to red syenite and massive dark green [...]
Prosper Gold Corp. is pleased to provide an update on its drill program at the Matachewan Project . The initial program includes prospecting, sampling, and diamond drilling to discover mineralization nature, orientation, and continuity below and next to historic work at the Middleton Target. “We have outlined a large anomalous area with coincident gold and copper mineralization along the Cadillac-Larder Lake [...]
Highlights: Large prospective area of mineral and patent claims covering 15km of the prolific Cadillac-Larder Lake Break . First time this large section of the CLLB has been amalgamated. Claim block is between 3 and 16 km east of Alamos Gold’s Young Davidson Mine along the CLLB. Young-Davidson gold occurs in syenite: a number of syenite bodies are known on the claims. Two styles of gold targets: high grade gold [...]
Prosper Gold Corp. announces that it has completed a non-brokered private placement of 20,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds to the Company of $1 million . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one common share of the Company at a price of $0.08 until the date that is 24 months [...]
Prosper Gold Corp. announces that it intends to offer, on a non-brokered private placement basis, up to 20,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds to the Company of up to approximately $1 million . There is no minimum offering amount. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to acquire one [...]
Prosper Gold Corp. is pleased to announce that it has expanded its Matachewan Project in Ontario . Prosper has increased the land package by staking additional ground adjacent to the optioned and purchased claims. . Pete Bernier, President and CEO, comments. "Prosper Gold’s team has identified a regional gold target area beginning 3km east of the producing Young Davidson Mine. We have greatly expanded our land [...]
Prosper Gold Corp. is pleased to announce that it has entered into a purchase agreement and acquired a 100% interest in 64 mineral claims and 6 mining patents known as the “Ontario Claims” from Brigadier Gold Ltd. . The Ontario Claims are adjacent to Prosper Gold’s Matachewan Project and expands Prosper Gold’s land package along the Cadillac Larder Lake Fault. Key Terms of Purchase Agreement [...]
Prosper Gold Corp. has completed the Phase 1 drill program at the Currie Project southwest of Matheson, Ontario. 7 holes, in addition to the previously reported C001 , for a total of 2,483.2m were drilled, logged, and sampled by Prosper Gold. With completion of Phase 1 at the Currie Project Prosper is now reviewing, analysing and planning future work at Currie. In addition to Currie, 2019 fieldwork will include [...]
Prosper Gold Corp. is pleased to update the progress of the Phase 1 drill program at the Currie Project southwest of Matheson, Ontario. 3 holes for a total of 1,002m were drilled, logged, and sampled in December. Assay results will be released when they are received and compiled. The drill is now back on site to complete the remaining 1,500m of Phase 1. Peter Bernier, President and CEO states, “We are excited to be [...]
Prosper Gold Corp. announces that it has completed a non-brokered private placement in the amount of $350,000.04 , through the issuance of 2,916,667 flow-through units of the Company at a price of $0.12 per Flow-Through Unit. Each Flow-Through Unit consists of one common share of the Company that qualifies as a “flow-through share” for the purposes of the Income Tax Act and one–half of one [...]
Prosper Gold Corp. announces that it has completed a non-brokered private placement in the amount of $250,000 , through the issuance of 2,500,000 units of the Company at a price of $0.10 per Unit to Stichting Depositary Plethora Precious Metals Fund . Each Unit issued under the Private Placement consists of one common share and one common share purchase warrant with each Warrant being exercisable to acquire one Common [...]
Prosper Gold Corp. announces that it will begin winter drilling to follow-up its first diamond drill hole at the Currie Project southwest of Matheson, Ontario. 2,500m in six holes will test for gold mineralization in regions untested in earlier drilling. Drilling will confirm and refine the orientation of the massive pyrite layer intersected in C001, testing for mineralization in previously untested areas, as well as [...]