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Prosper Gold (“Prosper Gold” or the “Company”) (TSXV:PGX) is pleased to announce that it has entered into a definitive agreement (the “Option Agreement”) with four individuals (the “Vendors”), whereby the Vendors have granted the Company the option to acquire a 100% interest in the mining claims comprising the Egan property (the “Egan”), a new gold-in-syenite …
Prosper Gold (“Prosper Gold” or the “Company”) (TSXV:PGX) is pleased to announce that it has entered into a definitive agreement (the “Option Agreement”) with four individuals (the “Vendors”), whereby the Vendors have granted the Company the option to acquire a 100% interest in the mining claims comprising the Egan property (the “Egan”), a new gold-in-syenite discovery located 50 km east of Timmins and 20 km southwest of the town of Matheson in Egan Township, Ontario.
In addition, Prosper has entered into an agreement (the “Purchase Agreement”) to acquire a 100% interest in two mineral claims known as the “Ontario Claims”, also located near Egan Township, Ontario.
Peter Bernier, President and CEO stated:
“Egan is an exciting new gold discovery in the Timmins camp with no historic work. We expect to get on the site as soon as possible and are confident that we will be able to move this project to a drill ready state in 2018.”