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Prosper Gold Corp.
Summary
| Project: | Ashley Gold | |
|---|---|---|
| Deposit: | Ashley Gold | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-1-2017: Prosper Gold Corp. announces an Exploration/Drilling Update report for its Ashley Gold deposit at the Ashley Gold project. Drilling results incl. 1m @ 43.3g/t Au from 128m. Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV: PGX) has c | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dirk Pempelman-Kluit (Not stated) | |
| ABSTRACT: | Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV: PGX) has completed Phase 1 of the drill program at the Ashley Gold Project (the “Project”) in Northern Ontario. Phase 1 consisted of 23 drill holes for a total of 8,715 metres. Phase 2 of the drill program is targeting new syenite and structurally controlled gold targets immediately northwest and northeast of the Young Davidson (Alamos Gold) Mine property and will commence in March 2017. Drilling to date has targeted the Ashley-Garvey vein system near the historic Ashley Gold Mine. Drilling tested the hangingwall, footwall, down-dip and northward and southward on-strike continuity of the Ashley and Garvey veins and newly discovered gold-in-soil anomalies. A substantial quartz feldspar porphyry-quartz syenite discovered west of the vein systems requires further drill testing. “The Prosper Gold team is working hard toward our 20,000 metre drill program. We have completed a first pass at evaluating the vein targets and are eager to get back to work drill testing the bulk tonnage targets.” commented Peter Bernier, President and CEO. | |
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