Tag: #Prize

Prize Mining diversifies into Ontario

Prize Mining diversifies into Ontario

Now the BC property is up for sale and Prize Mining (PRZ.V) needs to rethink the exploration approach for the Manto Negro copper project in Mexico, the company is pushing through with new additions to its asset portfolio. Earlier this month, Prize entered into an option agreement with Denton Resources, […]

Prize Mining plans more mapping and drilling at Manto Negro

Prize Mining plans more mapping and drilling at Manto Negro

Prize Mining (PRZ.V) has announced an exploration update for its Manto Negro copper project in Mexico’s Coahuila state. As the drill results of the first phase were a bit disappointing with lower grade and shorter intervals than originally anticipated, Prize now confirms the displacement and control of the mineralization is […]

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 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 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 […]

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 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 […]

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 […]