Prosper Gold Corp. announced that the Company has acquired an additional 60,512 hectares by means of staking to increase the Cyprus Project land position to 61,880 hectares. The Cyprus Project: The road-accessible Cyprus Project is situated in north-central British Columbia, Canada.

The 61,880 hectare Project includes the historical Kaza and Northstar copper prospects and is considered a district-scale copper-gold porphyry exploration Project. At the historical Kaza copper-gold prospect, soil samples up to 5.09 gpt gold and 10,000 ppm copper and surface rock chip samples from 1973 including 0.88% copper, 15.4 gpt gold and 120 gpt silver over 4.0 metres coincide with a 2,000 metre by 600 area of high IP chargeability and low magnetic response. The presence of sparse feldspar porphyry dikes and the sulphide assemblages present at surface suggest copper- gold porphyry mineralization may exist at depth.

Copper mineralization at the Northstar prospect consists of vein-hosted and disseminated chalcocite and bornite within faulted and fractured andesite. Surface trench sampling results includes 23.0 metres grading 2.1% copper and historical drilling intercepts include 0.55% copper over 138.2 metres. Zones of copper mineralization outlined by previous operators at the Northstar prospect are likely driven by a magmatic-hydrothermal system in the immediate vicinity.

District-scale Exploration Upside: A broad valley with very little outcrop exposure is situated to the southwest of the Kaza and Northstar prospects. The roughly 15 km wide valley is the manifestation of a series of northwest-trending faults which represents a district-scale exploration opportunity in the search for large copper-gold porphyry deposits. The valley is underlain by a complex and strong magnetic response related to long-lived intrusive activity in this portion of the volcano-plutonic arc.

The Company is planning to commission a ZTEM survey covering 675 km2 that will outline targets in this covered and prospective portion of the Cyprus Project.