Prosper Gold Corp. Receives Multi-Year Area Based Permit; Appoints Senior Advisors
21 February 2014 - 2:00AM
Marketwired
Prosper Gold Corp. Receives Multi-Year Area Based Permit; Appoints
Senior Advisors
QUESNEL, BRITISH COLUMBIA--(Marketwired - Feb 20, 2014) -
Prosper Gold Corp. ("Prosper Gold" or the "Company")
(TSX-VENTURE:PGX) is pleased to announce that they have received a
Multi-Year Area Based (MYAB) Notice of Work permit from the British
Columbia government authorizing a five year exploration program at
its Sheslay Porphyry Copper Gold Project (the "Property") in
northwestern British Columbia. The Property is optioned from
Firesteel Resources Inc. (May 7, 2013 news release)
The Company also announces that it has appointed Mr. Ted Muraro
and Mr. K. Brock Riedell as Senior Advisors.
Permit
This Notice of Work Permit allows Prosper Gold to conduct
surface drilling from 200 ground and helicopter supported locations
over a five year period. Prosper now has permission to expand the
camp at the Star target to 35 people (12 Structures) and establish
a temporary fly camp at Pyrrhotite Creek for up to 8 people (6
Structures). Also included in the Notice of Work Permit is
permission to conduct mechanical trenching at 50 sites, a 50 line
km IP survey, and 5 km of new exploration trail construction to add
to the existing network of over 50 km.
Advisors
Mr. Muraro is a geologist with over 40 years of experience in
the mineral exploration industry including over 30 years at Cominco
Ltd. leading to Chief Geologist, Exploration. He holds a B.ASc in
Geological Engineering from the University of British Columbia, a
M.Sc in Geological Engineering from Queens University, and has
completed post-graduate studies at Stanford University.
Mr. Riedell is a geologist with over 35 years of exploration
experience with an emphasis on porphyry copper-gold deposits. He
has worked with Newmont, Exxon Minerals and BHP Billiton where he
served as Chief Geologist. Since 2009 he has served as a consultant
on advanced copper-gold-molybdenum exploration and development
projects. He is a graduate of Williams College with a Bachelor of
Arts (Honors) in Geology, and received a Master of Science degree
in Geological Sciences from the University of Washington.
The Project
Porphyry copper-gold mineralization occurs on the Sheslay
Property; defined by significant historical work completed by
different operators from the 1970's to 2007. Five drill ready
targets have been identified to date: (Star, North Star, East Star,
Copper Creek and Pyrrhotite Creek). All 5 porphyry style targets
are permitted for drilling. Four of the targets are clustered
within the 12 square kilometre Star target area. There are multiple
distinct porphyry style targets also occurring in the Pyrrhotite
Creek area located 4 kilometers to the southwest.
"We are excited to have Ted and Brock on board; their expertise
in the region and the deposit type will help focus and guide
Prosper's work" said Peter Bernier, President and CEO, "The
Multi-Year Area Based permit will allow the Company to thoroughly
drill test the 5 known porphyry copper gold targets while
conducting further exploration of the property."
For a detailed overview of Prosper Gold please visit
www.ProsperGoldCorp.com
ON BEHALF OF THE BOARD OF DIRECTORS
Peter Bernier, President & CEO
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Prosper Gold Corp.Peter BernierPresident & CEO(250)
992-6644Pete@ProsperGoldCorp.comwww.ProsperGoldCorp.com
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