In this KE Report Company Update, I chat with Rob Carpenter, President & CEO of Prospector Metals (TSX.V:PPP - OTCQB:PMCOF - FSE:1ET), following the company’s discovery hole announced October 1st at the ML Project in the Yukon.
Hole 31 intersected 13.9 g/t gold and 1.9% copper over 44 meters, including a higher-grade core of 21.8 g/t gold over 24 meters.
This hole confirmed a brand-new discovery, dubbed the TESS Zone, located beside the North Vein Zone. Both zones were intersected by the same hole - just one of two holes drilled in this area during a 39-hole, 6,648-meter program.
Key Discussion Points:
- Discovery details: How Hole 31 revealed multiple stacked mineralized zones and parallel structures.
- Targeting strategy: Use of LiDAR and WorldView satellite data to pinpoint blind mineralization near surface.
- Follow-up results: Hole 32 assays pending, with more from the Bueno, Scarn Ridge, and other zones coming soon.
- Next steps: Plans to triple next year’s drill program with three rigs testing expansion, parallel zones, and new targets.
- Company focus: Rob emphasizes Prospector’s mission to discover and monetize high-grade deposits.
If you have any follow up questions for Rob please email me at Fleck@kereport.com.
Click here to visit the Prospector Metals website.
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
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