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Prospector Metals Corp., a member of Discovery Group, focuses on district-scale, early-stage exploration of gold and base metal prospects. The company aims to create shareholder value through new discoveries by identifying underexplored mineral districts with similarities to established mining operations. Led by an experienced technical and corporate team, Prospector maintains relationships with local and Indigenous rightsholders while seeking mutually beneficial partnerships. Recent achievements include terminating the Toogood Option Agreement and progressing on the Mike Lake Property acquisition.
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Prospector Metals Corp. provides an update on the 2024 exploration plans for the ML Project in the Tombstone Gold Belt, Yukon Territory. The company aims to leverage historical data for new gold, silver, and copper discoveries, with a comprehensive exploration plan and a budget of $650,000.
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Prospector Metals Corp. (PMCOF) announces a consolidation of common shares on a 1:3 basis effective March 4, 2024. The company will trade under the ticker symbol 'PPP' with approximately 21.1 million shares outstanding post-consolidation.
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Prospector Metals Corp. provides an update on the proposed acquisition of the Mike Lake Property from Troilus Gold Corporation. The company has received conditional approval from the TSX Venture Exchange and expects to close the transaction in mid-February 2024.
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Prospector Metals Corp. terminates Toogood Option Agreement with Storm Exploration Inc. due to inability to complete the transaction. The company will explore strategic alternatives for the project.
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Prospector Metals Corp. announces a revised non-brokered private placement to raise up to $2,000,000 through the issuance of common share units at varying prices. The company plans to allocate the proceeds for preliminary assessment work, prospecting, geophysical survey, and working capital needs. Management team members are permitted to participate in the offering, and the closing is subject to regulatory approvals.
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Prospector Metals Corp. (TSXV: PPP) (OTCQB: ETHOF) (FSE: 1ET) has entered into a property purchase agreement to acquire a 100% interest in the ML Property from Troilus Gold Corporation. The ML Property encompasses 4,757 hectares within the prolific Tintina Gold Belt, and is located approximately 80 km from Dawson City, Yukon Territory, and 25 km northeast of the former Brewery Creek Gold Mine.
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Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) has completed the final property payments for 100% ownership of the Virgin Arm and Deep Cove claim blocks of the Toogood Gold Project in Newfoundland. The company has also amended the terms of the Toogood Option Agreement with Storm Exploration Inc., allowing STRM to exercise the Second Option by paying Prospector $12,000,000, in any combination of cash and STRM Shares, subject to certain conditions.
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Prospector Metals Corp. announces second phase field reconnaissance program for its Devon Ni-Cu-PGE Project in Ontario, following successful initial work program. Recent field work returned samples with up to 1.125% Cu, 0.53% Ni, and 3.54 g/t Pd+Pt. Further investigations will be conducted to explore the potential for district-scale nickel mineralization. The Devon Project comprises 12,200 hectares and is road accessible. The project is located near other Ni-Cu-PGE projects of Prospector. The company believes that Devon offers an opportunity for district scale Ni-Cu-PGE deposits.
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Prospector Metals Corp. announces property option agreement with Storm Exploration Inc. for Toogood Gold Project
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Prospector Metals Corp. appoints Dr. Rob Carpenter as President and CEO
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FAQ
What is the current stock price of PROSPECTOR METALS (PMCOF)?
The current stock price of PROSPECTOR METALS (PMCOF) is $0.0793 as of January 10, 2025.
What is the market cap of PROSPECTOR METALS (PMCOF)?
The market cap of PROSPECTOR METALS (PMCOF) is approximately 4.5M.
What is Prospector Metals Corp. focused on?
Prospector is focused on district-scale, early-stage exploration of gold and base metal prospects.
What are some recent achievements of Prospector Metals Corp.?
Recent achievements include terminating the Toogood Option Agreement and progressing on the Mike Lake Property acquisition.
Who leads Prospector Metals Corp.?
Prospector is led by an experienced technical and corporate team.
What is the goal of Prospector Metals Corp.?
The company aims to create shareholder value through new discoveries by identifying underexplored mineral districts with similarities to established mining operations.
What partnerships does Prospector Metals Corp. seek?
Prospector maintains relationships with local and Indigenous rightsholders while seeking mutually beneficial partnerships.
What is the significance of the Mike Lake Property acquisition?
The progress on the Mike Lake Property acquisition demonstrates Prospector's commitment to expanding its operations.
What is the recent development regarding the Toogood Option Agreement?
Prospector terminated the Toogood Option Agreement due to Storm Exploration Inc.'s inability to complete the transaction.
What type of mineral districts does Prospector focus on?
Prospector identifies underexplored mineral districts displaying similarities to more established mining operations.
How does Prospector Metals Corp. create shareholder value?
The company creates shareholder value through new discoveries in underexplored mineral districts.
How can I stay informed about Prospector Metals Corp.?
Visit the company's website or contact them via email to get further information and updates.
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