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Prospector Provides an Update on its 2024 Plans at the Gold-Silver-Copper Prospective ML Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2024) - Prospector Metals Corp. (TSXV:...
About this update from Prospector Metals Corp
[{"type":"text","content":"Prospector Provides an Update on its 2024 Plans at the Gold-Silver-Copper Prospective ML Project, YukonVancouver, British Columbia--(Newsfile Corp. - March 6, 2024) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) (\"Prospector\" or the \"Company\") is pleased to provide an update on the 2024 exploration plans for the ML Project encompassing 4757 hectares within the prolific Tombstone Gold Belt, located approximately 80 km from Dawson City, Yukon Territory, and 25 km northeast of the former Brewery Creek Gold Mine. The ML Project geology is extensively metal endowed with numerous instances of high-grade gold, silver and copper in drill holes, trenches and surface rock samples (Tables 1 and 2).Previous ML InterceptsProspector's ML Property has been periodically explored since at least the 1970s, and although it has not been explored systematically in the past, previous operators have collectively contributed to a critical mass of exploration data that Prospector has assembled and will leverage to enhance existing prospects and vector toward new gold, silver and copper discoveries.Table 1. Significant Historical InterceptsHOWING DATECOMPANYTYPESIGNIFICANT INTERCEPTJava HorizonTrench10.46 g/t Au over 1.5 metersNorth Vein2005DynamiteDrill Hole7.67 g/t Au over 18.43 metersPhilp Showing1973BelmoralTrench0.40% Cu, 4.8 g/t Au over 1.37 metersSkarn Ridge Zone1998HomestakeTrench0.18% Cu, 14.51 g/t Au over 6.00 metersSpartan Vein1975CanaltaDrill Hole24.51 g/t Au over 1.28 meters Note: The deposits and projects shown outside of the Prospector land position provide geologic context for the Prospector's Property, but this is not necessarily indicative that the Property hosts similar grades or tonnages of mineralization.ML Project 2024 Exploration Plan:Prospector plans a 4-6 week field program starting in late Q2 which will encompass ground-truthing of known targets and prospective geology, and assessment of additional high-priority targets developed during the ongoing evaluation of the digital datasets.  This first pass exploration program with a budget of approximately $650,000 will include: Digital re-compilation, detailed review, and validation of all historical exploration work.Airborne LiDAR survey.High-resolution World View 3 remote sensing survey.Rock/soil sampling, geological mapping, and drone magnetics.Detai...