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

Core Insights - Prospector Metals Corp. announced initial drill results from the 2025 diamond drill program on the ML Property, highlighting significant gold and copper mineralization at the Skarn Ridge and Bueno targets, with a new mineralized corridor extending 1.5 kilometers [2][3][20] Skarn Ridge - A total of 2,976.84 meters were drilled over 18 holes at the Skarn Ridge target, with results received for two holes, ML25-010 and ML25-011, which confirmed the presence of gold and copper mineralization [5][6] - Hole ML25-010 returned 45.65 meters of 2.11 g/t Au, 0.48% Cu, and 8.56 g/t Ag from a depth of 44 meters, while hole ML25-011 returned 23 meters of 0.70 g/t Au, 0.52% Cu, and 9.48 g/t Ag from 31 meters depth [6][7] - The drilling has identified a new gold zone in the North Vein area with visible gold, marking the first documented occurrence of visible gold on the ML project [2][22] Bueno - A total of 2,322.27 meters were drilled over 13 holes at the Bueno target, with gold mineralization intercepted in all holes received to date [16] - The most significant intercept was from hole ML25-005, which returned 6.9 meters of 3.07 g/t Au from 6.1 meters depth [16][19] Mineralization Trends - Gold mineralization from Skarn Ridge to Bueno is hosted within north-northeast trending structural zones, traced over 1.5 kilometers along strike with over 600 meters of vertical continuity [20][21] - The mineralization is associated with bismuth and tellurium, indicating a complex mineralizing system where gold and copper events appear to be independent [21] North Vein - The North Vein target drilling intercepted a new zone of alteration and mineralization with visible gold from approximately 104 to 105 meters depth in hole ML25-031 [22][27] - This new zone is associated with coarse-grained Bi-Te minerals and represents a significant discovery for the ML Property [22] Rubble and Java Targets - The Rubble target drilling encountered sheeted quartz-tourmaline veins with anomalous gold and copper values, indicating potential for intrusion-hosted mineralization [28][30] - The Java target drilling returned only anomalous gold values up to 0.136 g/t Au, suggesting further exploration may be needed [31] 2025 Drill Program Overview - The 2025 drill program included 39 holes over 6,648.91 meters, exceeding the original plan of 5,000 meters, with assays received for 11 holes to date [32][33] - The program successfully tested multiple target areas, confirming the presence of significant mineralization across the ML Property [32]