Prosperity Goldfields Corp. (TSXV:PPG) is preparing for the two-drill, 4,000 metre winter drill program at Kiyuk Lake in Nunavut. Drilling is expected to commence within the next few days, with initial drill results expected to be released in April.
As quoted in the press release:
The primary objectives of this program are:
Drilling at the Rusty Zone to expand and further define known gold mineralization;
Testing an undrilled area directly up-ice of till samples showing anomalous number of pristine gold grains at the Cobalt target;
Wildcat drilling at two new targets, Bancroft and Rasmussen, identified by 2012 prospecting; and
Drilling at the Amundsen target will test for an extension to surface and along strike of known gold mineralization;
Prosperity Goldfields Corp. CEO, Adrian Fleming said:
Our exploration team is excited to get started with another round of drilling at Kiyuk Lake. We believe that our aggressive exploration approach will expand the gold deposit at Rusty, and also establish additional gold zones at targets that were identified by the Summer 2012 exploration program.