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    PGX   CA74359T2074

PROSPER GOLD CORP.

(PGX)
Delayed Bourse de Toronto  -  05/27 03:47:50 pm EDT
0.3800 CAD   +15.15%
05/18CAVU Mining Signs Definitive Agreement to Acquire 100% Interest in the Star Copper Gold Porphyry Project in BC
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05/17Prosper Gold Reports Drill Results and Outlines Additional Targets at Golden Sidewalk Project, Red Lake, ON
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05/17Prosper Gold Corp. Reports Drill Results and Outlines Additional Targets At Golden Sidewalk Project, Red Lake
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Prosper Gold Corp. Reports That It Has Now Intersected Gold Mineralization Along 2.8 Kilometres of the Golden Corridor Trend At the Golden Sidewalk Project Red Lake, Ontario

01/17/2022 | 08:00am EDT

Prosper Gold Corp. report that it has now intersected gold mineralization along 2.8 kilometres of the Golden Corridor trend at the Golden Sidewalk Project Red Lake, Ontario. The Company has completed reconnaissance drilling totaling 21,103 metres in 66 diamond drill holes over 4.8 kilometres of the Golden Corridor. Drilling continues to outline a large hydrothermal system, intersecting ankerite ± biotite alteration with gold mineralization. The hydrothermal system drilled to date is approximately 2.8 kilometres long and remains open to the east. Mineralization and alteration assemblages are relatively consistent along the mineralized trend. Pyrite ± arsenopyrite ± visible gold occurs in quartz-ankerite ± biotite veins and within silica-ankerite ± biotite altered wallrock. The Company has planned a series of deeper drill holes in the western portion of the system as vein thicknesses and hydrothermal alteration intensities are increasing at depth. Drill holes designed to test approximately 300 metres down-dip of the mineralized intercepts encountered in shallow drilling to date within the footwall fault zone at the western structural corridor. Observations in drill core to date have shown that higher temperature alteration, predominantly a silica-biotite assemblage, enveloping larger veins and vein arrays persists in deeper intersections. Additional drilling is planned for the eastern portion of the system where several gold intercepts were encountered in recent drilling which will be followed up on, including 22.7 g/t gold over 0.55 metres in drill hole DD21GC039. Drilling in late 2021 in the eastern portion of the system at the Golden Corridor was successful in intersecting gold mineralized quartz-ankerite-pyrite veins and wallrock alteration. Drill holes DD21GC050 through DD21GC053 each intersected several intervals of gold mineralization below the footwall fault that coincides with the ultramafic-mafic volcanic contact.


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All news about PROSPER GOLD CORP.
05/18CAVU Mining Signs Definitive Agreement to Acquire 100% Interest in the Star Copper Gold..
AQ
05/17Prosper Gold Reports Drill Results and Outlines Additional Targets at Golden Sidewalk P..
AQ
05/17Prosper Gold Corp. Reports Drill Results and Outlines Additional Targets At Golden Side..
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05/16Prosper Gold Enters into Definitive Agreement to Option Star Project to CAVU Mining
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04/21CAVU Mining Corp. agreed to acquire the 51% interest of Star Project, a copper-gold por..
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04/20CAVU Mining Buys 49% in Star Project, Signs Letter of Intent to Acquire Prosper Gold's ..
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04/20Prosper Gold Signs Letter of Intent to Option Star Project
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03/25Prosper Gold Corp. Reports Earnings Results for the First Quarter Ended January 31, 202..
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02/25Prosper Gold Corp. Reports Earnings Results for the Full Year Ended October 31, 2021
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02/25Prosper Gold Corp. Auditor Raises 'Going Concern' Doubt
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Financials
Sales 2021 - - -
Net income 2021 -8,67 M -6,80 M -6,80 M
Net cash 2021 3,61 M 2,83 M 2,83 M
P/E ratio 2021 -1,58x
Yield 2021 -
Capitalization 9,12 M 7,15 M 7,15 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 87,1%
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Managers and Directors
Peter R. Bernier Chairman, President & Chief Executive Officer
Sharon Lee Chief Financial Officer
James Hedalen Chief Operating Officer & Director
Jason Franklin Hynes Independent Director
James Malcolm Miller-Tait Independent Director
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