Prospector Continues to Expand Multiple High-Grade Gold Trends: TESS Zone Hole #32 Yields 7.29 g/t Au, 0.91% Cu over 14m and Skarn Ridge Zone Hole #24 Yields 2.04 g/t Au, 0.42% Cu over 27m Plus 4.33 g/t Au, 0.5% Cu over 19mVancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today announced final assay results for 15 drill holes from multiple gold zones including, TESS, Skarn Ridge, Bueno, Fishbowl and Lorrie. Drill results have now been released for all 39 holes drilled property-wide in 2025. The newly discovered TESS Zone has intersected wide intervals of high-grade Au-Cu-Ag in both holes drilled to date. The Skarn Ridge Zone is comprised of multiple stacked gold zones extending for at least 1.4km along trend. TESS and Skarn Ridge are approximately 4km apart and the gap remains largely untested.Rob Carpenter, Ph.D., PGeo., President, CEO and Co-Chairman of Prospector, stated: "Our 2025 drilling at ML successfully identified several high-grade gold corridors that will be followed up in our fully funded 2026 program. We anticipate an aggressive 25,000m drill plan aimed at extending our key zones along trend and to depth as well as test new targets generated through prospecting and structural mapping."Key Point SummaryDrill hole ML25-32 is the second hole drilled at the newly discovered TESS Zone and key results include 7.29 g/t Au, 0.91% Cu and 24.98 g/t Ag over 14m beginning 66m downhole. Both TESS holes drilled to date have intersected thick intervals of high-grade gold plus copper and silver. Analysis of 3D cross-sections suggest TESS is a near-vertical zone open at depth and along trend.Mineralization in hole ML25-32 is heavily oxidized due to being located near surface, and primary sulfide minerals are less apparent than deeper holes. Higher gold grades within this interval appear to occur where sulfides are best preserved.The TESS - North Vein structural corridor is composed of multiple, steeply-dipping and sub-parallel trending structural zones that are coincident with surface geochemical anomalies which can be traced for at least 500m.Skarn Ridge Trend continues to expand with hole ML25-024 yielding 27m of 2.04 g/t Au, 0.42% Cu, & 8.7 g/t Ag from 24m depth, including 12m of 3.82 g/t Au, 0.36% Cu, & 7.89 g/t Ag from 29m and a second interval of 19m of 4.33 g/t Au 0.5% Cu, & 9.88 g/t Ag from 57m. Also drill holes ML25-027 intercepted 3.54m of 10.42 g/t Au from 145m hole depth.Final assays have now been released from all 2025 drill holes. A total of 39 holes were completed for a total of 6,648.91m at a total cost per meter of approximately $520. Drill planning for 2026 is underway and details for a proposed 25,000m program will be released by Q1 2026. Prospector currently has over $40 million in working capital and is fully funded through 2026. Figure 1: ML Property Target AreasTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1564/275987_b9d1faa4549d5a7f_001full.jpgTESS - North VeinA total of 315.01m over 2 drill holes were completed on the North Vein - TESS targets. To date, results have been received for all holes; including previously announced results of 44m of 13.79 g/t Au & 1.84% Cu in hole ML25-31 (1). The holes were designed to test interpreted northeast structural controls on mineralization on the North Vein target and intersected a new zone of mineralization in addition to North Vein alteration/mineralization at depth.ML25-032ML25-032 was drilled as an over-cut to ML25-031 at a -50°. The hole returned 14m of 7.29 g/t Au, 0.91% Cu, & 24.98 g/t Ag from 57.05m depth; including 5.05m of 11.19 g/t Au, 1.98% Cu, & 56.90 g/t Ag from 66m depth. The mineralization is hosted within strongly fractured and oxidized clastic sedimentary units with localised quartz veining, clay alteration, and silica flooding with fracture controlled to disseminated, locally massive, arsenopyrite-pyrite-chalcopyrite-pyrrhotite mineralization and/or geothite-limonite in more oxidized sections. The mineralization correlates with the upper high-sulfide portion of the TESS Zone intersected in ML25-031, and occurs within a broader zone of strong oxidation and fracturing with anomalous pathfinder elements (As +/- Bi +/- Cu) but low gold grades. The hole also intersected a second zone of strongly oxidized fracturing from approximately 100 - 118m depth interpreted as the projection of the North Vein zone, but only returned anomalous pathfinder elements (As - Cu). Table 1: Summary of 2025 TESS - North Vein Drill Intercepts ZoneHole IDFrom (m)To (m)Interval (m)Au (g/t) Cu (%)Ag (g/t)TESSML25-03162.00106.0044.0013.791.8438.08Incl.62.0076.0014.004.603.7674.23And81.35106.0024.6521.931.1425.58Incl.92.00106.0013.0037.880.215.11Incl.104.00105.001.00288.00 - - North VeinAnd138.00145.367.365.691.1622.21Incl.144.00145.361.3621.302.4844.50TESSML25-03257.0571.0514.007.290.9124.98Incl.66.007