Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today provided an update on the Company's fully funded 2026 drill campaign on the ML Project in the Yukon.Key Point Summary:Prospector's 2026 drilling program will include 25,000 meters. All required land use permits are in place, and three drill rigs have been secured with drilling expected to begin in May 2026.The total budget for the 2026 explor ...

Core Insights - Prospector Metals Corp. has reported final assay results from its 2025 drilling program, which included 39 drill holes across multiple gold zones, confirming the presence of high-grade gold and copper mineralization in the TESS and Skarn Ridge zones [1][2][36]. Group 1: TESS Zone - The TESS Zone has shown significant mineralization, with hole ML25-032 yielding 7.29 g/t Au, 0.91% Cu, and 24.98 g/t Ag over 14m, indicating a near-vertical zone open at depth and along trend [2][4]. - The TESS - North Vein structural corridor is characterized by multiple steeply-dipping structural zones that coincide with surface geochemical anomalies, extending for at least 500m [2][11]. - The mineralization in the TESS Zone is heavily oxidized near the surface, with higher gold grades occurring where sulfides are best preserved [2][4]. Group 2: Skarn Ridge Zone - The Skarn Ridge Zone continues to expand, with hole ML25-024 returning 27m of 2.04 g/t Au, 0.42% Cu, and 8.7 g/t Ag from 24m depth, including a significant interval of 19m of 4.33 g/t Au, 0.5% Cu, and 9.88 g/t Ag from 57m [2][16]. - The Skarn Ridge - Bueno trend has been traced over 1.5km along strike with over 600m of vertical continuity, confirming key structural interpretations for the ML project [13][14]. - Gold mineralization is noted in every rock type on the Skarn Ridge-Bueno Trend, with best development in strongly fractured and brecciated calc-silicate altered units [14][15]. Group 3: Bueno Target - A total of 2,322.27m was drilled across 13 holes on the Bueno target, with significant mineralization intercepted in all holes, including 2m of 8.08 g/t Au from hole ML25-037 [26][29]. - The mineralization corresponds to a series of north-northeast trending structural zones cutting through various altered rock types [28][29]. Group 4: Overall Drilling Program - The 2025 drilling program was completed on budget, totaling 6,648.91m, which is 1,648.91m higher than the originally planned 5,000m [36][37]. - Assay results from the drilling program ranged from trace to 379 g/t Au, trace to 283 g/t Ag, and trace to 11.70% Cu, confirming the presence of significant mineralization across the targeted areas [36][37].

Core Points - Prospector Metals Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $38,047,564 through the issuance of 39,054,190 common shares [1][2] - The offering included 5,500,000 flow-through common shares priced at $1.00 each and 33,554,190 non-flow-through common shares priced at $0.97 each [1][3] - The proceeds from the flow-through shares will be used for eligible resource exploration expenses, while the non-flow-through shares will fund exploration programs and general working capital [4] Financial Position - Following the offering, the company has $40,920,000 in available working capital and a total of 149,137,219 common shares outstanding, along with 21,102,930 share purchase warrants and 7,299,206 stock options [2] Use of Proceeds - The funds from the flow-through shares will specifically support the exploration program at the ML project in the Yukon [4] - The proceeds from the non-flow-through shares will also contribute to the exploration program at the ML project and provide general working capital [4] Related Party Transactions - A director of the company participated in the private placement, acquiring 1,500,000 flow-through shares for $1,500,000, which is classified as a related party transaction [6] Major Investor Participation - B2Gold Corp. has entered into a subscription agreement to acquire 17,758,678 common shares at a price of C$0.97 per share, contributing approximately $17,225,917.66 to the company [7] - Post-offering, B2Gold will hold 29,678,306 common shares, representing 19.9% of the total issued and outstanding shares of Prospector [7] Company Overview - Prospector Metals Corp. focuses on early-stage exploration of gold and base metal prospects, primarily in the Yukon and Ontario, Canada [9] - The company aims to create shareholder value through new discoveries and maintains relationships with local and Indigenous rightsholders [9]

Core Viewpoint - Prospector Metals Corp. has announced a non-brokered private placement to raise gross proceeds of up to $27,658,351 through the issuance of flow-through and non-flow-through common shares, aimed at financing its exploration program at the ML project in Yukon [1][5]. Group 1: Offering Details - The offering includes 5,500,000 flow-through common shares at a price of $1.00 per share and 22,843,661 non-flow-through common shares at a price of $0.97 per share [1]. - Alpayana S.A.C. has agreed to subscribe for 14,631,283 non-flow-through shares, resulting in approximately 9.9% ownership of the company upon completion of the offering [2]. - B2Gold Corp., the largest shareholder, will exercise 2,133,636 outstanding warrants and subscribe for an additional 7,181,451 non-flow-through shares, increasing its total ownership to 19.9% [3]. Group 2: Use of Proceeds - Proceeds from the flow-through shares will be used for eligible resource exploration expenses, including up to 5,000 meters of diamond drilling at the ML project [4][5]. - Proceeds from the non-flow-through shares will fund additional exploration at the ML project and general working capital [5]. Group 3: Company Background - Prospector Metals Corp. focuses on early-stage exploration of gold and base metal prospects, primarily in Yukon and Ontario, Canada [8]. - The company aims to create shareholder value through new discoveries in underexplored mineral districts [8].

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") is pleased to announce that B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") has agreed to complete an additional strategic investment into the Company. Pursuant to the transaction B2Gold has agreed to subscribe for an aggregate of 10,309,278 comm ...

Prospector Defines Multiple Gold Trends at Skarn Ridge: Drilling Highlights Include: 61.45 g/t Au over 1.9m and 4.64 g/t Au over 10m; 2.97 g/t Au over 25m; and 141 g/t Au over 0.5mOctober 20, 2025 7:00 AM EDT | Source: Prospector Metals Corp.Surface Mapping and Sampling Extends Skarn Ridge Corridor an Additional 750m Along Trend: High-Grade Grab Samples Yield 57.8 g/t Au and 109 g/t AuSkarn Ridge is Located 4 kilometres Southwest of the Recently Discovered TESS Zone. The Gap Between These Two ...

Core Insights - Prospector Metals Corp. has initiated its first drill program on the Devon Copper-Nickel Project in Northwestern Ontario, targeting high-priority areas identified through detailed 3D modeling and previous sampling results [1][2][13] - The project covers 15,347 hectares and is located 50 km southwest of Thunder Bay, Ontario, with road accessibility enhancing operational efficiency [4][11] Drilling Program Details - The diamond drill program will involve 1,000 meters of drilling across five targets at the Copper Hill Occurrence area, fully financed and expected to take approximately three weeks to complete [3][2] - The drilling targets were developed in-house and represent a low-cost, high-reward exploration opportunity, as these base metal targets have never been drilled before [2][4] Geological Context - The Devon Project area is characterized by numerous mafic-ultramafic intrusions, which are conducive to hosting disseminated to massive magmatic Ni-Cu sulfides with platinum group elements (PGEs) [4][13] - Recent surface sampling has confirmed the presence of mineralization, with assays showing up to 1.13% Cu, 0.53% Ni, and 3.54 g/t Pd+Pt, indicating potential for high tenor mineralization at depth [1][13] Analytical Methodology - The drilling will utilize NQ2 size core, with samples prepared and analyzed by AGAT Labs in Thunder Bay, following industry-standard QA/QC procedures [8][9] - Analytical methods include fire assay for precious metals and multi-element analysis for base metals, ensuring comprehensive evaluation of the mineralization [8][9]

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]

Highlights of the Agreement Prospector expects to work closely with BeMetals in the coming weeks to design the 2025 exploration program with the aim to identify and prioritize drill targets for a subsequent initial drilling campaign in 2026. Vancouver, British Columbia--(Newsfile Corp. - August 12, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") is pleased to announce that it has signed a definitive option agreement (the "Agreement") with BeMetals Corp. ...

Core Points - Prospector Metals Corp. has signed a non-binding Letter of Intent with BeMetals to option up to a 100% interest in the Savant Gold Exploration Project located in northwestern Ontario, Canada [1][4] - The Savant Project covers approximately 232 km² in a prolific gold-producing region, near notable mines such as Red Lake and Musselwhite, and hosts high-grade gold occurrences [2][4] Company Overview - Prospector Metals Corp. focuses on early-stage exploration of gold and base metal prospects, aiming to create shareholder value through new discoveries in underexplored regions, primarily in Yukon and Ontario [12] - The company emphasizes building relationships with local and Indigenous rightsholders to ensure mutually beneficial partnerships [12] Project Details - The Savant Project is characterized by iron formation-style deposits, with historical high-grade gold samples reported, including 138.87 g/t Au from the Horseshoe showing [5][7] - The project has not undergone comprehensive district-scale exploration, indicating potential for significant discoveries [4] Agreement Highlights - Under the LOI, BeMetals must commit at least C$500,000 in exploration expenditures within the first year and maintain a minimum of C$500,000 annually for five years [8] - A National Instrument 43-101 compliant Technical Report must be delivered within five years, outlining mineral resources, with ownership terms varying based on the resource size [9] - If BeMetals acquires 100% interest, a 0.5% Net Smelter Returns Royalty will be granted to Prospector [11]