Prosper Gold Appoints Colin Burge as Advisor
18 Settembre 2024 - 2:00PM
Prosper Gold Corp. ("
Prosper Gold" or the
"
Company") (TSXV:PGX) is pleased to announce the
appointment of Colin Burge as an Adviser to the Company effective
immediately.
“We are delighted to add Colin as an Advisor to
the Company. As you will read, Colin brings a wealth of porphyry
knowledge and expertise to our team,” commented Peter Bernier, CEO.
“We look forward to Colin’s expert engagement and assistance in
guiding exploration at the Cyprus Project and future development
opportunities for the Company.”
Mr. Burge is a discovery-oriented exploration
geologist who retired from a 30-year career with First Quantum
Minerals, Inmet Mining and predecessor companies in 2016. Colin was
part of the Inmet corporate development team and led on-site
geological activities that resulted in the discovery and
delineation of 30 billion pounds of copper at the Cobre Panama
Project. This led to First Quantum’s $5 billion acquisition of the
company.
Prior to his porphyry copper work in Panama,
Colin managed exploration activities at the world class Cayeli
copper-rich volcanogenic massive sulphide deposit in northeast
Turkey. He has also carried out project work in Peru, Australia,
Nevada and Greece and began his career with Falconbridge Copper in
British Columbia.
Colin has strong technical skills in the
application of exploration technologies and has since retirement
been engaged in property evaluations on behalf of senior and junior
mining companies in Canada and the US. Colin graduated from the
University of Waterloo with Bachelor of Earth Science in 1981.
“I am excited to work with the team at Prosper
as exploration progresses at the Cyprus Copper Project. The recent
ZTEM survey results are encouraging given the characteristics of
the anomalies and the presence of copper-gold mineralization
elsewhere on the project,” commented Colin Burge, “I have utilized
ZTEM geophysical survey data to aid in porphyry copper-gold
discoveries in the past and have found under the right conditions
the data can be highly effective.”
The company also announces that it has granted
150,000 stock options (“Options”) to the chief financial officer of
the Company and an aggregate of 350,000 Options to certain advisors
and employees of the Company. Each Option is exercisable at a price
of $0.15 per share for a period of five years and will vest equally
every six months over a two-year period. The Options have been
granted in accordance with the policies of the TSX Venture Exchange
and the conditions of the company's stock option plan.
About the Cyprus Project
The road-accessible Cyprus Project is situated
in north-central British Columbia, Canada. The 623 square kilometre
Project includes the historical Kaza and Northstar copper prospects
(see the Company’s February 20th, 2024 and February 26th, 2024 news
releases for details) and represents a district-scale copper-gold
porphyry exploration Project.
Qualified Person
The scientific and technical information in this
news release has been reviewed by Rory Ritchie, P.Geo.,
Vice-President of Exploration for Prosper Gold and a Qualified
Person under National Instrument 43-101. The results contained in
this release were completed by previous operators of the Property.
Although the Company was not involved in the original work in
respect of these results, proper industry data verification
procedures appear to have been followed.
For an overview of Prosper Gold please visit
www.ProsperGoldCorp.com ON
BEHALF OF THE BOARD OF DIRECTORS
Per: “Peter
Bernier” Peter
BernierPresident & CEO
For further information, please contact:
Peter BernierPresident & CEOProsper Gold
Corp.Cell: (250) 316-6644Email: Pete@ProsperGoldCorp.com
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", "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
statements, other than statements of historical fact, included
herein including, without limitation, statements about the planned
exploration of the Cyprus Project, 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 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 absence 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 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
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.
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