Prosper Gold Corp. Options Drill Ready Currie Project; Expands Land Package near Matheson, Ontario

March 5, 2018 TSXV: PGX

NEWS RELEASE

Prosper Gold Corp. Options Drill Ready Currie Project;

Expands Land Package near Matheson, Ontario

Quesnel, British Columbia – March 5, 2018 – Prosper Gold Corp. (“Prosper Gold” or the “Company”)

(TSXV: PGX ) is pleased to announce that it has entered into a definitive agreement (the “ Option

Agreement”) with two individuals (the “Vendors”), whereby the Vendors have granted the Company the

option to acquire a 100% interest in the mining claims comprising the Currie Project (the “Currie”).

Currie Project Description

The 2,000 hectare Currie Project, 8 km south of the Destor-Porcupine fault, is underlain by altered volcanic

and metasedimentary rocks of the Abitibi greenstone belt. The Currie is 9 km north of Prosper Gold’s newly

optioned Egan Gold Project (See the January 23, 2018 News Release). The property hosts the Grindstone

Creek occurrence, a Gold-Silver-Zinc zone in massive and semi-massive pyrite-sericite schist (GCZ). The

GCZ is trends east-west and is hosted by graphitic phyllite cut by felsic dykes and bounded on the north

and south by volcanic rocks.

Diamond drilling at Grindstone Creek has intersected Au and Ag mineralization in a 250 m long northwest

trending zone between 100 m and 350 m depth. Locally significant zinc values are associated with the gold

values. Targets remain to be tested along strike and down plunge of the historic diamond drill intersections.

Highlights:

 1999/2000 DDH: CB-04: 2.08 g/t Au, 19 g/t Ag, 0.5% Zn over 18.9 metres

o including 3.38 g/t Au,14 g/t Ag, 0.6% Zn over 8.0 metres

 1999/2000 DDH: CB-07: 2.07 g/t Au, 132 g/t Ag, 3% Zn over 2.1 metres

o And 2.6 g/t Au, 8.2 g/t Ag, 0.19% Zn over 5.05 metres

 Holes intersected a 30 to 50 meter zone of locally auriferous pyrite-sericite schist

 Contiguous to Prosper Gold’s Egan discovery

 Covers an interpreted fault within the altered felsic and intermediate volcanic rocks as defined by

the regional geophysical surveys completed by the Ontario Geological Survey

Peter Bernier, President and CEO states, “ The Currie Project , with the drill ready Grindstone Creek

occurrence, is a great addition to our Ontario project portfolio . It increases our land position to 10,000

hectares and we look forward to aggressively exploring this very exciting and historically under -explored

portion of the Timmins gold camp.”

Qualified Person

The technical information in this news release has been reviewed and approved by Dirk Tempelman-Kluit,

PhD, P.Geo., VP Exploration and Director of the Company and a Qualified Person under National

Instrument 43-101.

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Key Terms of Option Agreement

The Option Agreement calls for the Company to make cash payments totaling $130,000, the issuance of

450,000 common shares of Prosper Gold (“Shares”) over 1.5 years in order for the Company to earn a 100%

interest in the Property, subject to a 2% Net Smelter Returns Royalty, 1% of which can be repurchased by

the Company upon paym ent of $1,000,000 to the Vendors. Details of the Option Agreement will be

available on the Company's SEDAR profile at www.sedar.com.

The transactions contemplated by the Option Agreement, including the issuance of Shares thereunder, are

subject to the approval of the TSX Venture Exchange. Any Shares issued under the Option Agreement will

be subject to a hold period of four months and a day.

Stock Option Issuances

The Company has also granted an aggregate of 800,000 incentive options (the "Options") to purchase

Shares of Prosper Gold to directors, officers, consultants, and employees of the Company. The Options are

exercisable at a price of $0.15 per Share until five years from the date of grant.

The Options are granted pursuant to the Company's stock option plan. The grant of the Options is subject

to the final approval of the TSX Venture Exchange.

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 release 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 financial performance, and often contain words such as "anticipate", "believe", "plan", "estimat e",

"expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other

similar expressions. All statements, other than statements of historical fact, included herein including, without limitation, statements

about the planned exploration and the receipt of requisite regulatory approvals for the transactions contemplated under the Option

Agreement are forward -looking statements. By their nature, forward -looking statements involve known 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 forward-looking statements.

Such factors include, among others, the following risks: the risk that the requisite regulatory approvals for the tra nsactions

contemplated by the Option Agreement are not obtained; the need for additional financing; operational risks associated with mineral

exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel;

the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absen ce of

dividends; competition; dilution; the volatility 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 fil ings

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 circumstances 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.