Quartz Lake

Strategic asset in a World-Class Location:

• Early-stage exploration project acquired in early 2021
• Includes 6 concessions covering 11,280 ha
• Located 80 km northeast of prolific Red Lake district
• Field work has commenced and includes detailed basal till sampling, an Induced Polarization survey and reconnaissance scale geological mapping
• Benefits from significant infrastructure from Red Lake district
• 29 mineral showings Identified by the Ontario Geological Survey*

The Quartz Lake Project has similar geological criteria used to explore in the Red Lake District

• The unconformity between the Balmer-Confederation and intervening assemblages 
• Rheological contrast (brittle vs soft) between mafic volcanic rocks with underlying ultramafic and gabbroic rocks 
• Greater than 10 km of the Swain Lake deformation zone
• Linear magnetic lows(magnetite destruction)
• Resistivity highs correlating with silica alteration
• Prospective cross structures that trend WNW

                                 Photo: micrograph of pristine gold grains

From 2020 to date, Prosper Gold completed a systematic till-sampling survey, up ice from GSC samples, and reported numerous samples with abundant, pristine, gold grains and high-counts per sample.

Prosper Gold’s exploration result shows:

• A 3,000 m x 500 m corridor of gold-in-till samples that trends into the “E-12” and the “Balmer” gold-in-till anomalies
• An interpretation of the gold-in-till dispersion along the projection and the Balmer-Confederation unconformity trends onto the Huntington Key-Hole claim block, possibly where the Surprise Lake gold occurrence has been noted by Ontario Department of Mines (OFR 5835 & Map P0592)
• Prosper has located possible bed rock sources for the gold-in-till samples, reporting channel sampling results that returned up to 32.6 g/t Au over 2.0 m⁽⁴⁾
• The Prosper gold-in-till anomalies follow the projected location of the unconformity southward onto the Huntington Key-Hole claim block

* Gold Occurrences, Prospects and Deposits of the Red Lake Area (1987); Ontario Geological Survey, Open File Report 5558, by Durocher, Marcel E., Burchell, Paul and Andrews, Anthony J