Prosper Gold Adds Second Drill at the Golden Corridor and Increases Drilling to 15,000 metres – Red Lake, ON
June 22nd, 2021 TSXV: PGX
OTCQX: PGXFF
NEWS RELEASE
Prosper Gold Adds Second Drill at the Golden Corridor and Increases
Drilling to 15,000 metres – Red Lake, ON
Vancouver, British Columbia – June 22nd, 2021 – Prosper Gold Corp. ("Prosper Gold" or the "Company")
(TSXV:PGX) is pleased to announce that it has added a second drill and increase d the 2021 Phase 1
diamond drilling program to 15,000 met res at the Golden Sidewalk Project (the “Project”). Drilling will
continue to focus on the newly identified Golden Corridor target area. (for details of the Golden Corridor
see the Company’s Dec. 1, 2020 news release).
“Prosper has a strong cash position and is fully funded to increase the Phase 1 drill program,” commented
Peter Bernier, CEO. “We are excited to have Laframboise Drilling Inc. on site with 2 rigs . They are the
most capable drillers I have come across in my 40 years in the business.”
Till Sampling Update
154 till samples have been collected in 2021 along 11 kilometres of the regional unconformity – a crustal-
scale fault that has been the focus of the Company’s exploration strategy to date. Infill till sampling
following 200 metre by 200 metre grid spacing to the east and west of the Golden Corridor is ongoing.
Samples have been shipped to Overburden Drilling Management Ltd. in Nepean, Ontario for processing.
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 (see the Company's Aug. 10, Sept. 8, and Sept. 15, 2020 news
releases for details) in the western Birch -Uchi Greenstone Belt, approximately 60 km east of Red Lake,
Ontario. The vehicle-accessible project straddles 12 kilometres of the Balmer Assemblage – Narrow Lake
Assemblage unconformity, a regional-scale feature that has been the Red Lake exploration guide, but which
has seen limited exploration in the project area. The recently identified “Golden Corridor” lies immediately
north of the unconformity in the western portion of the property and is characterized as a highly prospective,
greater than 5 kilometre tr end of coincident favourable magnetic and resistivity lineaments supported by
highly anomalous gold-in-till samples covering 3.3 by 0.5 kilometres.
For a detailed overview of Prosper Gold visit www.ProsperGoldCorp.com
Qualified Person
The scientific and technical information in this news release has been reviewed by Rory Ritchie, P.Geo., a
Qualified Person under National Instrument 43-101.
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ON BEHALF OF THE BOARD OF DIRECTORS
Per: “Peter Bernier”
Peter Bernier
President & CEO
For further information, please contact:
Peter Bernier
President & CEO
Prosper Gold Corp.
Cell: (250) 316-6644
Email: [email protected]
Information set forth in this news re lease 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 financi al 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 statem ents, 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 know n 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 forwa rd-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; t itle
matters; environmental liability claims and in surance; 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 vo latility
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 TSX Venture Exchange and applicable
Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on
the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstance s should change, except as required by applicable securities laws. Investors are
cautioned against attributing undue certainty to forward-looking statements.
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.