Prize Mining

Prize Mining re-designs its placement and will now raise C$10.75M

Prize Mining re-designs its placement and will now raise C$10.75M

Prize Mining (PRZ.V) has announced it has appointed a syndicate to distribute C$4M worth of the company’s current financing at C$0.15. To accommodate this demand, the company is cutting the size of its non-brokered financing from C$8M to C$6.75M, which will result in a total raise of C$10.75M by issuing […]

Rich copper mineralization from Ojitos Manto Cuprite (black) Malachite (green)

Prize Mining samples more high-grade copper at Manto Negro

Prize Mining (PRZ.V) has reported more assay results from the ongoing sampling program at the Manto Negro project in Mexico. As we explained in our previous report, this deposit is very similar to the well-known Kupferschiefer zones in Germany/Poland, and the Central African Copper Belt. The new samples emphasize the […]

Rich copper mineralization from Ojitos Manto Cuprite (black) Malachite (green)

Report: Prize Mining – Re-focusing on Mexican Copper

Prize Mning (PRZ.V) kept its word last year as the company completed additional sampling and geophysical surveys on the Kena-Daylight gold project in British Columbia, but unfortunately the market didn’t seem to care at all. That’s a pity, but Prize never wanted to be a one-trick pony and in the […]

Prize Mining finds more gold at Toughnut

Prize Mining finds more gold at Toughnut

Prize Mining (PRZ.V) has now received the final assay results from its 10 hole drill program at Toughnut, now a part of the Kena-Daylight gold project in British Columbia. According to the company, ‘significant gold intercepts’ were found in 9 of the 10 holes and newly-appointed CEO Michael McPhie (who […]

Prize Mining’s 71 meters at 1.09 g/t gold is a good result

Prize Mining’s 71 meters at 1.09 g/t gold is a good result

Prize Mining (PRZ.V) has reported on the final assay results from the Daylight drill program, and the company was actually able to positively surprise us. We were very charmed by hole 7 on the Great Western Zone which returned 71.2 meters containing 1.09 g/t gold, as this compares favorably to […]

Prize Mining enters Mexico with a copper acquisition

Prize Mining enters Mexico with a copper acquisition

Prize Mining (PRZ.V) had some surprising news as even though the company was focusing on its Kena-Daylight gold property in British Columbia, it has now expanded its horizon as it has entered into an agreement to purchase a copper project in Mexico. The Manto Negro project is located in Mexico’s […]

Prize completes 18 drill holes at Daylight

Prize completes 18 drill holes at Daylight

Prize Mining (PRZ.V) has now completed its initial drill program at Daylight, where it drilled 18 holes from 11 drill pads for a total of 2,700 meters. Assay results obviously aren’t available yet, and we would expect to see the initial assay results of the first eight holes which have […]

Flash Update: Prize Mining

Flash Update: Prize Mining

Prize Mining (PRZ.V) has been spending the summer trying to get a better understanding of its Kena-Daylight project in British Columbia by executing a sampling-based exploration campaign. On top of that, CEO Feisal Somji was successful in adding the Toughnut property to the land package when it exercises an option […]

BC issues amended Mines Act permit for Prize’s Daylight property

BC issues amended Mines Act permit for Prize’s Daylight property

Prize Mining (PRZ.V) has now received an amended Mines Act permit from British Columbia’s Ministry of Energy, Mines and Petroleum Resources. This permit now allows the company to continue its exploration program at Daylight, where a drill program could start any week now as previous exploration programs have already generated […]

Prize Mining starts environmental studies

Prize Mining starts environmental studies

Prize Mining (PRZ.V) has started the environmental baseline and monitoring programs on the Kena-Daylight-Toughnut project in British Columbia. The baseline study will monitor the water quality at sixteen different locations to monitor the changes and variations in the upper catchment area of two watersheds. The water sampling will take approximately […]

Prize Mining expands exploration program before drilling

Prize Mining expands exploration program before drilling

Prize Mining (PRZ.V) will now extend and expand its ground exploration program at the Toughnut and Daylight properties to follow up on the previously announced results of the geochemical and geophysical surveys. These surveys have outlined some interesting soil anomalies where high gold values were retrieved and Prize Mining now […]

A detailed map outlining the results.

Flash Update: Prize Mining

Prize Mining (PRZ.V) has released the assay results from a first batch of soil samples on its Daylight property in British Columbia, Canada. The company has now taken in excess of 1,000 samples and the first samples have confirmed the existence of at least two geochemical trends on the Daylight […]