- Prosper Gold (PGX) has released an update on till sampling and diamond drilling activities at the Golden Sidewalk Project
- So far, the company has completed over 5,000 metres of drilling in 17 diamond drill holes, and assays are pending
- Till sampling in the Golden Corridor outlined an area containing grades of 39.5 grams per tonne of gold
- Prosper Gold is an exploration and development company engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Ontario
- Prosper Gold Corp. (PGX) is up 8.13 per cent, trading at $1.73 per share
Prosper Gold (PGX) has released an update on its 2021 exploration program at the Golden Sidewalk Project.
The Golden Sidewalk is a district-scale gold exploration project covering over 160 square kilometres of claims and mining leases in the western Birch-Uchi Greenstone Belt east of Red Lake, Ontario.
Today’s report included an update on till sampling and diamond drilling activities. So far, the company has completed over 5,000 metres of drilling in 17 diamond drill holes.
The 2021 diamond drilling program has been focused on discovering the source of highly anomalous till samples in two discrete areas within the Golden Corridor.
Till sampling in the Golden Corridor outlined an area containing a pristine gold grain-in-till anomaly, where it encountered grades of 39.5 grams per tonne gold.
Now, the sample grid at the Golden Corridor has been extended to cover an additional 10-square – kilometre area.
Drilling so far has confirmed mineralization consistent with standard Red Lake Camp alteration, and further assays are pending.
“The pristine gold grain-in-till anomaly at the Golden Corridor continues to grow and guide our drilling in 2021,” commented Peter Bernier, CEO.
“The company is still awaiting analytical results for all drill holes from the 2021 drilling as well as the bulk of till samples collected in 2021,” he added.
Prosper Gold is an exploration and development company engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Ontario.
Prosper Gold Corp. (PGX) is up 8.13 per cent, trading at $1.73 per share as of 1:25 pm ET.