“The recently completed IP survey results from the Skinner North suggest the presence of a large hydrothermal system given what we encountered in our
Winter 2023
The area of high IP chargeability is approximately 2 square kilometers, continuing to the east, west and north of the Fall 2022 drilling (Figure 1). High resistivity anomalies adjacent to the contact between the Trout
Figure 1. Plan maps showing the Winter 2023 IP survey results at Skinner North.
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The high-resolution IP survey covered over 5 square kilometres and was roughly centred on the Skinner North prospect which was drilled by the Company in November of 2022. The survey comprised approximately 25 line-kilometres at an a-spacing of 25 metres along 200 metre spaced lines and was designed to outline chargeable and resistive features that could indicate the presence of hydrothermal alteration and associated sulphide mineralization, some of which has been shown to be gold bearing based on 2022 drilling results (Figure 2).
Next phase of Exploration at Skinner North
The Company intends to complete additional diamond drilling at Skinner North to build off initial drilling results from the maiden
Figure 2. Photographs showing disseminated nature of sulphide mineralization in Skinner North drill core. A) Hole DD22SK002 – disseminated chalcopyrite-pyrite-pyrrhotite in sheared and silica-ankerite-biotite-chlorite altered mafic volcanics. B) Drill hole DD22SK004 - Silica-ankerite-chlorite-biotite altered and sheared mafic volcanics with disseminated pyrrhotite-pyrite-chalcopyrite mineralization.
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About the Golden Sidewalk
The Golden Sidewalk is a district-scale gold exploration project covering over 160 square kilometres of contiguous mineral claims and mining leases in the western
QA/QC Procedures
Quality assurance and quality control measures implemented by the Company include the insertion of certified reference materials in the sample sequence at a rate of 1 in 20 for both blank material and certified reference standards. Analytical results for reference standard and blank samples are scrutinized internally to ensure adequate analytical precision and accuracy in both sample preparation and instrumental procedures. A chain of custody from drilling to laboratory is strictly monitored to ensure sample and analytical integrity and reliability. Half-split core samples are sent to
Qualified Person
The scientific and technical information in this news release has been reviewed by
For a detailed overview of
ON BEHALF OF THE BOARD OF DIRECTORS
Per: “
President & CEO
For further information, please contact:
President & CEO
Cell: (250) 316-6644
Email: Pete@ProsperGoldCorp.com
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation, statements about the planned exploration of the Golden Sidewalk project, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the
Neither the
Figure 1
Plan maps showing the Winter 2023 IP survey results at Skinner North
Figure 2
Photographs showing disseminated nature of sulphide mineralization in Skinner North drill core. A) Hole DD22SK002 – disseminated chalcopyrite-pyrite-pyrrhotite in sheared and silica-ankerite-biotite-chlorite altered mafic volcanics. B) Drill hole DD22SK004 - Silica-ankerite-chlorite-biotite altered and sheared mafic volcanics with disseminated pyrrhotite-pyrite-chalcopyrite mineralization
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