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Prosper Gold Corp.

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Summary

Project:

Currie

Deposit:Currie
Location:Canada
Commodities:Gold-Silver-Zinc
Date:3/29/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-3-2019: Prosper Gold Corp. announces an Exploration/Drilling Update report for its Currie deposit at the Currie project. Drilling results incl. 7.9m @ 2.55g/t Au, 16.67g/t Ag, 0.4% Zn. Vancouver, British Columbia – March 29, 2019 – Prosper Gold Corp.
Resources:x
CP/QP:[Overall Report]: Dirk Pempelman-Kluit (Internal)
ABSTRACT:Vancouver, British Columbia – March 29, 2019 – Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV: PGX) has completed the Phase 1 drill program at the Currie Project (the “Property”) southwest of Matheson, Ontario. 7 holes, in addition to the previously reported C001 (See the Company’s November 5, 2018 news release), for a total of 2,483.2m were drilled, logged, and sampled by Prosper Gold. With completion of Phase 1 at the Currie Project Prosper is now reviewing, analysing and planning future work at Currie. In addition to Currie, 2019 fieldwork will include compilation and groundwork at the Company’s Cadillac-Larder Lake Break Matachewan project (See the Company’s March 1, 2016 news release for Matachewan Project option details). Currie drilling targeted the pyrite horizon in the Upper Tisdale Group. The focus was on enlarging and deepening the zone and improving gold grades testing southeast, northwest, and below known mineralization at the Grindstone Creek occurrence. Mineralization is mostly in the massive to banded pyrite rich sections high in the felsic volcaniclastic unit and the overlying graphitic argillite of the Upper Tisdale Assemblage. Pyrite is commonly banded or layered with banding conformable with foliation. Minor dark sphalerite is disseminated within the massive and semi massive pyrite and makes up 1% of the rock locally. A second type of sphalerite distinguished by it honey colour and by the white calcite stringers within which it occurs is seen rarely. The honey coloured sphalerite with its calcite veinlets cuts the crystalline banded pyrite and appears to be a late metamorphic remobilized mineral phase.

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