Prospector Metals announced initial drill results for the 2025 diamond drill program on the ML Property. This release will discuss key results from the first two holes drilled at the Skarn Ridge target and the first 6 holes drilled at the Bueno target. Additionally, Prospector has discovered a new zone in the North Vein area characterized by the presence of numerous fine specks of visible gold . This is the first [...]
Prospector Metals is pleased to announce that it has signed a definitive option agreement with BeMetals Corp. to option up to a 100% interest in the Savant Gold Exploration Project. This definitive agreement formalizes the terms set out in the non-binding Letter of Intent previously announced on July 10, 2025. The Savant Project covers approximately 232 km² of underexplored terrain with favorable iron formation geology [...]
Prospector Metals is pleased to announce that it has more than doubled the size of its flagship ML Project. It is also pleased to provide an update to the ongoing drill program, with the first assay results expected in the coming weeks. Rob Carpenter, Ph.D., PGeo., President, CEO and Co-Chairman of Prospector, stated: "Our pace of drilling has exceeded our expectations while still being within our approved budget. To [...]
Prospector Metals is pleased to provide an update on its drill program at its flagship ML Project. A total of 13 drill holes for 2283 meters has been completed to date on the ML Project and includes drill testing on the Bueno, Skarn Ridge, Java, and Rubble targets. The drill program is ongoing and will include follow up drilling based on 3D interpretation of initial holes as well as drilling on newly generated target [...]
Prospector Metals is pleased to announce it has entered into a non-binding Letter of Intent with BeMetals to option up to a 100% interest in the Savant Gold Exploration Project. The Savant Project spans approximately 232 km² in one of Ontario's most prolific gold-producing regions and is located near several past producers as well as current operating mines, including the Red Lake and Musselwhite mines. The Project hosts [...]
Prospector Metals is pleased to announce that it has commenced drilling on its flagship ML Project. The fully funded program will include up to 5000m of diamond drilling over a 10-week period through to the end of August to test high-priority target areas identified during the Company's 2024 exploration program and at the undrilled Bueno Target. Highlights: Drilling is underway at the previously undrilled Bueno Target [...]
Prospector Metals announces that it has granted a total of 2,800,000 incentive stock options to directors, officers and consultants of the Company, subject to TSXV acceptance. Each option is exercisable to purchase one common share of the Company for five years at a price of C$0.25 per common share in accordance with the terms of the Company's omnibus equity incentive plan. About Prospector Metals Corp. Prospector Metals [...]
Prospector Metals Corp. announces results of 25 surface rock samples collected by Company geologists from the ML Project in late May, 2025. The samples are all from the undrilled Bueno Target. Bueno consists of several mineralized trends identified as T1, T4, T6 and T8. Key Point Summary High-grade surface outcrop samples of 23.6 g/t Au, 51.7 g/t Au, 108 g/t Au, 119 g/t Au and 156 g/t Au were obtained over the T1 & T6 [...]
Prospector Metals Corp. announces the final closing of its non-brokered private placement raising total gross proceeds to the Company of C$5,735,350 . The second tranche of the Offering consisted of 4,227,272 NFT Units purchased by B2Gold Corp. for additional gross proceeds of C$465,000. Pursuant to an investment agreement with B2Gold, B2Gold elected to purchase the units to maintain its investment rights of 9.9%. Under [...]
Prospector Metals Corp. is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement raising total gross proceeds to the Company of C$5,270,349.76. "We are looking forward to mobilizing our drill program in the coming weeks on our flagship ML Project," stated Prospector CEO, Rob Carpenter. "We appreciate the ongoing support from all our investors, including [...]
Prospector Metals Corp. , announces that the Company has applied to the TSX Venture Exchange to extend the term of 1,785,711 common share purchase warrants currently set to expire on May 21, 2025 to expire on May 21, 2026 . Each Warrant is exercisable to purchase one common share in the capital of the Company at an exercise price of CAD$0.30. Holders of Warrants will not receive an amended Warrant certificate unless [...]
Prospector Metals Corp. is pleased to announce that, as a result of demand, it has increased the size of its previously announced non-brokered private placement . Prospector now plans to raise gross proceeds of up to C$5,500,000 through the issuance of 25,974,025 Charity Flow-Through Units at a price of $0.154 per Charity FT Unit, 1,000,000 Flow Through Units at a price of $0.154 per FT Unit and 12,272,727 [...]