Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Prism Resources Inc V.PRS.H

Prism Resources Inc. is a Canada-based natural resources company. The Company is in the business of acquiring, exploring, developing and exploiting natural resource properties. The Company owns approximately 7.5% net profit interest (the Royalty) in the Aurora and Sunday Lake claims, near the Detour Lake Gold mine. The Aurora claims cover areas, which include Detours high grade Zone 58N discovery. The Company has not generated any revenue from its operations.


TSXV:PRS.H - Post by User

Comment by TheREVOlutionon Mar 03, 2024 5:05pm
71 Views
Post# 35912266

RE:Looks like Agnico going to make a move to buy Prism

RE:Looks like Agnico going to make a move to buy Prism

 Now you have to read this to understand why Agnico will be going through with this. https://www.canadianminingjournal.com/featured-article/steady-hands-whip-detour-lake-into-shape/

Excerpt: " One of the more exciting aspects of Detour’s future, however, is the new high-grade discovery south of the current open pit along a major east-west structural break less than 6km south of the Sunday Lake deformation zone that hosts the Detour Lake mine and which Beaudoin describes as “one of the most important discoveries on the Detour Trend in forty years.” Earlier this summer Detour released assay results from its exploration program in the Lower Detour area with highlights from the 58N Zone including intercepts of 12.74 grams gold per tonne over 28 metres, 11.82 grams gold over 32.4 metres and 9.69 grams gold over 30.3 metres. Drilling in Zone 75, 20 to 50 metres south of the 58N Zone, returned assays of 4.31 grams gold over 7.3 metres, 10.82 grams gold over 7.0 metres and 7.41 grms gold over 5.1 metres. Beaudoin is encouraged by the results so far and says he hopes to find a lot more to potentially develop a higher grade feed source for the mine." “Within two seasons we’ve proven that we have high-grade material close to the mine, right on our doorstep,” he says. “We’re all excited about this and if we could spike grades it would be a screamer.”

<< Previous
Bullboard Posts
Next >>