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Prospector Reports High-Grade Au-Ag-Cu in First Assays from the Ml Project, Yukon: Newly Identified Mineralized Corridor Extends at Least 15 km Along Trend
Select sample highlights include: Cirque Area yielded 21.68 g/t Au and 17.01 g/t Au from sh...
About this update from Prospector Metals Corp
[{"type":"text","content":"Prospector Reports High-Grade Au-Ag-Cu in First Assays from the Ml Project, Yukon: Newly Identified Mineralized Corridor Extends at Least 15 km Along TrendSelect sample highlights include:Cirque Area yielded 21.68 g/t Au and 17.01 g/t Au from sheeted quartz +/- tourmaline veins hosted within porphyritic intrusive rocks (never drilled).Bueno Area results include 34.64 g/t Au, 12.09 g/t Au, and 7.42 g/t Au and 1.8 % Cu hosted in porphyry dykes and calc-silicate altered limestone from a series of north trending structural zones (never drilled).Rubble Area assays up to 13.46 g/t Au,1.87 g/t Au and 3.3% Cu within a broad low lying zone interpreted to be located at the intersection of two key structural trends (never drilled).Java Area yielded 5.91 g/t Au and 3.21 g/t Au, 2.24% Cu and 49.16 g/t Ag; located along an interpreted north trending splay extending through the previously defined North Zone.Vancouver, British Columbia--(Newsfile Corp. - August 15, 2024) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) (\"Prospector\" or the \"Company\") is pleased to report initial assay results from the 2024 exploration program at the ML Project located approximately 80 km from Dawson City, Yukon Territory.During the 4-week program, a total of 520 rock grab and chip samples were collected across the property to establish the extent of the surface expression of known zones as well as sample new areas with unknown mineral potential. This news release reports results from the first 133 samples with assays from below detection to 34.64 g/t Au, 3.3 % Cu, 420 g/t Ag. The remaining sample results will be released when assays are received.Key Point SummaryField mapping and prospecting by the Company revealed that high-grade Au-Ag-Cu bearing veins occur in a newly defined structural corridor that extends >15km across the claim block. This fundamental regional-scale feature is defined by a corridor of increased near-vertical fracturing and hydrothermal alteration associated with gold-bearing veins. These fracture zones cut every rock type and appear to form major dilation zones along contact zones with intrusive bodies.Diagnostic trace element signature of As-Te-Bi-Sb is also observed with mineralized veins and provides a useful tool build geochemical vectors for further exploration, as well as insig...