Prospector Metals Corp V.PPP

Alternate Symbol(s): PMCOF

Metals & Mining Gold

Prospector Metals Corp. is a Canada-based company, which is focused on district scale, early-stage exploration of gold and base metal prospects. Its projects include Devon, Whitton, Savant, Toogood, and Mike Lake. It has a 100% interest in the Devon Project, which covers over 12,200 hectares (ha) and lies on the Archean craton margin, covered by a sulfide-bearing sedimentary basin, Ontario. It holds a 70% interest in the Savant project and covers over 22,900 ha and is located 240 kilometers (km) northwest of Thunder Bay, Ontario. The Whitton project is located within 20 km of Impala’s operating Lac des Iles platinum-palladium-nickel-copper mine. It holds a 100% interest in the Toogood project and covers over 11,825 ha, located on New World Island, approximately 65 km north of Gander, Newfoundland. Its Mike Lake property encompasses over 4,757 ha within the prolific Tintina Gold Belt, and is located approximately 80 km from Dawson City, Yukon Territory.

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Prospector Metals Corp

Bullboard Posts

Post by fthibault69on Sep 14, 2011 3:29pm

437 Views

Post# 19042285

drilling will have to wait till next year

From MiningSpeculator:

Ethosis planning for a continuing soil sampling programand follow-up trenching program to last into October. As soil targetsare confirmed by prospecting and trenching, drill pad construction iscurrentlyplanned to continue to the end of September.

Thisis very exciting news for ECC, but drilling will have to wait till nextyear, whichis a disappointment. I spoke with CEO Gary Freeman about the decisionto hold back on the drilling for this fall and he told me that even iftheyrushed, the company could have only done a small amount before theweather hit. There is also some very important grid work that needs tobe done inorder to better place our drill holes that could save us plenty of timeand money in the long run. While it is disheartening not being able todrillthis fall, I think it is the right decision.

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