# Prospector Initial Drill Results Include 45.65m of 2.11 g/t Au, .48% Cu; New "Skarn Ridge-Bueno" Mineralized Corridor Extends Along Trend 1.5 kilometres *2025-09-02T07:00:00-04:00* Prospector Initial Drill Results Include 45.65m of 2.11 g/t Au, .48% Cu; New "Skarn Ridge-Bueno" Mineralized Corridor Extends Along Trend 1.5 kilometres Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - **Prospector Metals Corp.****(TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0)**("**Prospector**" or the "**Company**") today announced initial drill results for the 2025 diamond drill program on the ML Property. This release will discuss key results from the first two holes drilled at the Skarn Ridge target and the first 6 holes drilled at the Bueno target. Additionally, Prospector has discovered a new zone in the North Vein area characterized by the presence of numerous fine specks of visible gold (assays pending). This is the first documented occurrence of visible gold on the ML project. Rob Carpenter, Ph.D., PGeo., President, CEO and Co-Chairman of Prospector, stated "Our geologists have successfully cracked the code at Skarn Ridge by fully appreciating the importance of north-south trending structural corridors. Drilling in a new orientation has resulted in recognition of several favorable trends that extend for more than 1.5 kilometres along strike. Initial assays confirm these corridors contain gold mineralization over significant widths. We are expecting additional assay results to be released in the coming weeks, including our new drill discovery with visible gold from the North Vein area." **Key Point Summary** - Key results from the first two holes at Skarn Ridge include - Hole ML25-10: **2.11 g/t Au, 0.48% Cu, 8.56 g/t Ag over 45.65m**(from 44m downhole), and - Hole ML25-11**: 0.70 g/t Au, 0.52% Cu, 9.48 g/t Ag over 23.0m**(from 31m downhole) as well as a second zone yielding **1.06 g/t Au, 0.68% Cu, 11.82 g/t Ag over 11m**(from 96m downhole). - Drilling along the southern extent of the Skarn Ridge-Bueno Trend (T4 area) successfully discovered a significant structurally controlled gold zone. The first hole, ML25-05 collared directly in mineralization and yielded **3.1 g/t Au over 6.9m**(from start of bedrock). Follow up holes were drilled further back to get a full transect of this mineralized zone and intercepted wider mineralization along trend. - A new gold zone has been discovered near the North Vein area. Drill hole ML25-31 encountered numerous fine specks of **visible gold (VG)**at approximately 105m downhole (Assays Pending). - High gold values are directly associated with elevated bismuth (Bi) and tellurium (Te) and bismuth sulphide minerals are commonly observed in drill core. Copper also appears to also be an important component to the mineralizing system at ML. **Skarn Ridge **A total of 2,976.84m over 18 drill holes were completed on the Skarn Ridge target. To date, results have been received for two holes, ML25-010 and -011. Both holes were drilled from the same drill platform at a 300 azimuth and -45 and -55 dips, respectively, and were designed to test previously unrecognized north-northeast trending structural controls associated with historically reported gold-copper mineralization on the target. ML25-010 returned 45.65m of 2.11 g/t Au, 0.48% Cu & 8.56 g/t Ag from 44 meters depth; including 10m of 4.37 g/t Au, 0.26% Cu & 6.14 g/t Ag from 51m depth; 1m of 18.5 g/t Au and 3.89 g/t Ag from 52m depth; and 17m of 2.64 g/t Au, 0.88% Cu & 15 g/t Ag from 71m depth. ML25-011 returned two significant intercepts within a broader zone of alteration and sulfide mineralization. The upper zone returned 23m of 0.70 g/t Au, 0.52% Cu & 9.48 g/t Ag from 31m depth; including 4m of 1.85 g/t Au, 0.88% Cu and 17.75 g/t Ag from 40m depth. The lower zone returned 11m of 1.06 g/t Au, 0.68% Cu and 11.82 g/t Ag from 91m. The lower zone partially overlaps with a zone of significant copper mineralization which returned 13.9m of 0.94% Cu from 91m depth. Mineralization in both holes occurs within a broad zone (up to 84m) of strongly calc-silicate altered calcareous siltstones and marls with disseminated and vein controlled pyrrhotite, chalcopyrite, and arsenopyrite. The most significant gold mineralization corresponds to cross-cutting structural zones associated with increased fracturing/veining and brecciation, multiple generations of arsenopyrite mineralization, and, locally, coarse Bi-Te minerals. [](https://images.newsfilecorp.com/files/1564/264680_3de8015e64350988_002full.jpg) _**Figure 1: Plan map of 2025 drilling on Skarn Ridge**_ To view an enhanced version of this graphic, please visit: [https://images.newsfilecorp.com/files/1564/264680_3de8015e64350988_002full.jpg](https://images.newsfilecorp.com/files/1564/264680_3de8015e64350988_002