Tag: #PrizeMining

Bob Archer resigns from Prize’s board

Bob Archer resigns from Prize’s board

Another corporate update from Prize Mining (PRZ.V) today, where directors Schmidt and Archer resigned, while chairman Feisal Somji is also stepping back from his executive role. The resignation of Schmidt is perhaps not entirely unexpected given the implications of the Bridgemark scandal where he was named as one of the […]

Prize Mining strikes out at El Granizo – drilling continues

Prize Mining strikes out at El Granizo – drilling continues

Prize Mining (PRZ.V) has provided the market with the assay results of an additional 8 holes that were drilled on the Pilar Grande and El Granizo zones of the Manto Negro copper project in Mexico’s Coahuila state. At Pilar Grande, two of the three holes continued to intersect copper-silver mineralization, […]

Prize Mining releases Kena drill results

Prize Mining releases Kena drill results

Prize Mining (PRZ.V) has been spending some of its flow-through dollars on its Kena-Daylight gold project in British Columbia, which already contains approximately 1.8 million ounces of gold. This year’s drill program was focusing on the Toughnut property where Prize was trying to find more high-grade mineralization at Kena (our […]

Prize Mining hires Stantec for Manto Negro data compilation

Prize Mining hires Stantec for Manto Negro data compilation

Prize Mining (PRZ.V) has now hired Stantec Consulting to establish a Geographic Information System on its Manto Negro copper project in Mexico. Stantic will gather all available date on the project (mapping, sampling, magnetics,…) and use it to implement a GIS, which will allow Prize to design more efficient exploration […]

Prize Mining starts drilling at Manto Negro

Prize Mining starts drilling at Manto Negro

Prize Mining (PRZ.V) is coming through on its promises and has initiated its first-ever drill program at the Manto Negro copper project in Mexico’s Coahuila state. Earlier exploration activities have confirmed the existence of several high-grade copper zones (similar to the Kupferschiefer copper district), and the company will commence its […]

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 […]