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Prospector Commences Drilling at Toogood Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2022) - Prospector Metals Corp. (TSXV...
About this update from Prospector Metals Corp
[{"type":"text","content":"Prospector Commences Drilling at Toogood Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - May 18, 2022) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: ETHOD) (FSE: 1ET) (\"Prospector\" or the \"Company\") is pleased to announce that diamond drilling has commenced at its Quinlan and Titan showings from the Company's Toogood property which encompasses 118km2 of mineral claims on New World Island, Newfoundland. The 2022 maiden drill program has commenced and will include up to 2,600 meters of diamond drilling, of which approximately 1,200 meters will be allocated towards the Quinlan discovery, 1,000 metres to the Titan discovery and, and up to 400 meters will test exploration targets in the same vicinity. HighlightsHigh Resolution IP surveying at both the Titan and Quinlan showings is ongoing and will inform optimal drill positioning. Subject to additional IP results, the current maiden drill program at Titan and Quinlan aims to test the depth and strike extend of the known mineralisation and mineralised structures at surface. At Titan, six high priority holes will be drilled perpendicular to the prevailing southwest trending mineralised structures to a depth of up to 150m (Figure 1). At Quinlan, six high priority holes will be drilled perpendicular to the prevailing west-northwest trending mineralised structures to a depth of up to 100m (Figure 2). An additional four drill holes are being planned to test regional gold in soil targets 70m southeast, and 230m southwest of the Titan showing.All samples will be analysed at Eastern Analytical laboratories in Springdale, NL. Assay are anticipated for summer 2022.Alex Heath, CEO of Prospector, stated: \"We are very excited to begin the maiden drill program at our fully permitted Toogood Gold Project in Newfoundland. In addition, we have launched plans to advance exploration activities on our portfolio of projects in Quebec and Ontario. Backed by a strong technical team and track record of success, Prospector is well positioned for making a discovery in 2022.\" Figure 1. Titan Showing Geology and Rock Grab AssaysTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/1564/124451_1bfb48b6541d3b88_002full.jpg  Figure 2. Quinlan Showing Geology and Rock Grab AssaysTo view an enhanced version of this graphic, please visi...