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Prosper Gold Corp.
Summary
| Project: | Ashley | |
|---|---|---|
| Deposit: | Arcuate | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-10-2017: Prosper Gold Corp. announces an Exploration/Drilling Update report for its Arcuate deposit at the Ashley project. Drilling results incl. 2m @ 7.74g/t Au from 247m. Quesnel, British Columbia – October 16, 2017 – Prosper Gold Corp. (“Prosper Go | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dirk Pempelman-Kluit (Not stated) | |
| ABSTRACT: | Quesnel, British Columbia – October 16, 2017 – Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV: PGX) begins testing vein continuity at the Ashley Gold Project and commences groundwork at the Matachewan Project next to the Young-Davidson Mine. Drill results have been received for Phase 2 at the Ashley Gold Project. Three targets: the Arcuate, Galahad and Ashley-Garvey require further exploration. Six holes were drilled in syenite porphyry at the Arcuate target. Quartz veins up to 3m were intersected in several holes. The most notable result is 7.74 g/t Au from 247-249m (S042). The intersection is a 2m quartz vein in an 8m section of anomalous gold in syenite quartz porphyry. As these are the first holes at this target follow-up is required to test continuity of this interval and other large quartz veins. The Ashley-Garvey 2016 high grade drill intersections are believed to connect and ground exploration has begun to test for continuity (A009: 113-114m 9.46 g/t Au, A011: 128-129m 43.3 g/t Au, A025: 27-28m 24.4 g/t Au). Soil samples have been collected on a 25m spaced grid from the area between the Ashley Mine and Garvey Veins. Sampling covers the area with high grade gold intersections from 2016 drilling. The samples are being analyzed by Spatio-Temporal Geochemical Hydrocarbon (SGH). The SGH procedure provides a focused and sensitive method to delineate mineral targets through cover and overburden. | |
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