| Announcement Date: | 2022-08-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Prospector Metals Corp. |
| Project name: | Toogood |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 3.65m @ 23.9g/t Au from 4.75m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, BC – Aug 22, 2022, Prospector Metals Corp. (“Prospector” or the “Company”) (TSXV: PPP; OTCQB: ETHOF; Frankfurt: 1ET) is pleased to announce diamond drill results from the Company’s Toogood property which encompasses 118km2 of mineral claims on New World Island, Newfoundland. The 2022 maiden drill program consisted of 26 HQ-size (63.5mm core diameter) diamond drillholes totaling 2,064.5 m to test the Quinlan (19 drillholes totalling 857.5 m), Titan (6 drillholes totalling 1,056 m) discoveries, and the Sherwood target (one drillhole; 151 m). At the Quinlan Zone, drilling targeted a gold bearing felsic dyke located by surface sampling (see press release dated March 1, 2022). 19 HQ-size drillholes totaling 857.5 m identified a 1.5-4.5 m wide altered felsic dyke hosted in shale striking 020 and dipping at approximately 45 degrees to the southeast. Drilling extends the known surface expression of the dyke to 200 m in strike length and 120 m downdip. Mineralization remains open in all directions. Visible gold in core was identified in 15 of the 19 drillholes (Table 1). Drill assay results include 23.90 g/t Au over 3.65 m from 4.75m including 43.22 g/t Au over 1.95 m (22QL008), 18.27 g/t Au over 4.25 m from 41.25m including 70.31 g/t Au over 1.05 m (22QL017), and 9.40 g/t Au over 3.18 m from 9.4m including 22.76 g/t Au over 1.1 m 22QL010). See Figures 1-4 and Table 1. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 40,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data