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Prize Mining Intersects High Grade Gold Mineralization at the Toughnut Property in Southeastern British Columbia
Prize Mining (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it has now received final assay results from its initial drilling program on the Toughnut Property located in southeastern, BC. A total of 1672 meters of diamond drill core was obtained from 10 holes. The purpose of the program was to test …
Prize Mining (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it has now received final assay results from its initial drilling program on the Toughnut Property located in southeastern, BC.
A total of 1672 meters of diamond drill core was obtained from 10 holes. The purpose of the program was to test a 1-kilometer strike length within the Gold Eagle Zone. Drill targets were established using a combination of soil geochemical anomalies, elevated surface rock sample results, geophysical indicators, and historical drilling records.
Michael McPhie Prize’s President and CEO commented:
“These results confirm the presence of meaningful high-grade gold and silver mineralization over a significant strike length within the Gold Eagle zone on our Toughnut Property. This is our first attempt to begin to delineate the potential of this property and we’re very encouraged with these initial results.”
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