Prospector Drills High-Grade Gold Discovery at Toogood, Newfoundland: Quinlan Zone Results Includes 23.90 g/t Au over 3.65 m, 18.27 g/t Au over 4.25 m, and 22.76 g/t Au over 1.1 m

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[{"type":"text","content":"Prospector Drills High-Grade Gold Discovery at Toogood, Newfoundland: Quinlan Zone Results Includes 23.90 g/t Au over 3.65 m, 18.27 g/t Au over 4.25 m, and 22.76 g/t Au over 1.1 mVancouver, British Columbia--(Newsfile Corp. - August 22, 2022) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: ETHOF) (FSE: 1ET0) (\"Prospector\" or the \"Company\") is pleased to announce diamond drill results from the Company's Toogood property which encompasses 118km2 of mineral claims on New World Island, Newfoundland. The 2022 maiden drill program consisted of 26 HQ-size (63.5mm core diameter) diamond drillholes totaling 2,064.5 m to test the Quinlan (19 drillholes totalling 857.5 m), Titan (6 drillholes totalling 1,056 m) discoveries, and the Sherwood target (one drillhole; 151 m). Quinlan Zone Drill HighlightsAt the Quinlan Zone, drilling targeted a gold bearing felsic dyke located by surface sampling (see press release dated March 1, 2022). 19 HQ-size drillholes totaling 857.5 m identified a 1.5-4.5 m wide altered felsic dyke hosted in shale striking 020 and dipping at approximately 45 degrees to the southeast. Drilling extends the known surface expression of the dyke to 200 m in strike length and 120 m downdip. Mineralization remains open in all directions. Visible gold in core was identified in 15 of the 19 drillholes (Table 1).Drill assay results include 23.90 g/t Au over 3.65 m from 4.75m including 43.22 g/t Au over 1.95 m (22QL008), 18.27 g/t Au over 4.25 m from 41.25m including 70.31 g/t Au over 1.05 m (22QL017), and 9.40 g/t Au over 3.18 m from 9.4m including 22.76 g/t Au over 1.1 m 22QL010). See Figures 1-4 and Table 1. Key Point SummaryThe Quinlan Zone dyke width over the 200 m of strike and 120 m down dip drilled to date varies from 1.5 m to 4.5 m in estimated true width and is open in all directions. The zone is hosted in a visually distinct felsic dyke which is typically fractured and heavily sericite altered. Gold appears associated with quartz carbonate veinlets within the felsic dyke, commonly with arsenopyrite and pyrite. Exploration potential at Toogood remains high as numerous outcrops of felsic dyke that visually resemble the Quinlan host rock have recently been uncovered across the Toogood property. Additional areas of anomalous rock and soil results also remain untested.A total of six HQ drillholes totalling 1,056 m were also...

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