Prospector Metals announced final assay results for 15 drill holes from multiple gold zones including, TESS, Skarn Ridge, Bueno, Fishbowl and Lorrie. Drill results have now been released for all 39 holes drilled property-wide in 2025. The newly discovered TESS Zone has intersected wide intervals of high-grade Au-Cu-Ag in both holes drilled to date. The Skarn Ridge Zone is comprised of multiple stacked gold zones extending [...]
Prospector Metals announced it has closed its previously announced non-brokered private placement of an aggregate of 39,054,190 common shares for gross proceeds of $38,047,564 comprised of 5,500,000 flow-through common shares at a price of $1.00 per FT Share and 33,554,190 non-flow-through common shares at a price of $0.97 per NFT Share. Upon completion of the Offering, the Company now has $40,920,000 in available working [...]
Prospector Metals announced it has arranged a non-brokered private placement to raise gross proceeds of up to $27,658,351 through the issuance of 5,500,000 flow-through common shares at a price of $1.00 per FT Share and 22,843,661 non-flow-through common shares at a price of $0.97 per NFT Share. In connection with the offering of the NFT Shares, Alpayana S.A.C. has agreed to subscribe for an aggregate of 14,631,283 NFT [...]
Prospector Metals is pleased to announce that B2Gold has agreed to complete an additional strategic investment into the Company. Pursuant to the transaction B2Gold has agreed to subscribe for an aggregate of 10,309,278 common shares of the Company at a price of C$0.97 per Share for aggregate gross proceeds to the Company of $10 million. Rob Carpenter, CEO and Director of Prospector, said, "We are excited to continue and [...]
Prospector Metals announced final assay results for 12 drill holes from the Skarn Ridge - Bueno Trend. The Skarn Ridge - Bueno Corridor can now be traced in drilling for at least 1.4 kilometres and new mapping and prospecting results suggest it extends at least 2.0 m. Skarn Ridge is located 4 km to the southwest of the recently discovered TESS Zone. This 4km gap has yielded some high grade gold surface samples in limited [...]
Prospector Metals announced that it has begun its maiden drill program on the Devon Copper-Nickel Project in Northwestern Ontario. High priority drill targets have been selected from interpretations of detailed 3D modelling of property-wide VTEMTM, as well as prospecting and mapping which returned samples with up to 1.13 % Cu, 0.53 % Ni, and 3.54 g/t Pd+Pt. The Devon Ni-Cu Project is road accessible and cut by paved [...]
Prospector Metals announced final assay results for drill hole ML25-31. This hole was drilled in the "North Vein" region of the ML Project and is the first ever hole in this area designed to test for multiple stacked or parallel gold-bearing structures co-incident with favourable surface geochemistry, LiDAR and World View datasets. The hole discovered a previously unknown high-grade gold and copper zone, now known as the [...]
Prospector Metals announced that it has appointed Jordan Laker, CPA, CA as CFO. Jordan has over 15 years experience in accounting with public and private companies. He has a proven track record of being decisive, precise and supportive. Prior to starting his own company, Jordan was a Staff Accountant with Davidson and Co in Vancouver. Prospector would like to thank former CFO Mr. Monty Sutton for his time with the company [...]
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 [...]
