Prospector Metals Hits 5.05 g/t Gold Over 27.35m at TESS Zone
Prospector Metals Corp. has intersected multiple high-grade intervals at the TESS Zone within its flagship ML Project in the Yukon, highlighted by drill hole ML26-46, which returned 5.05 g/t gold, 29.25 g/t silver, and 1.16% copper over 27.35 meters from a depth of 123.75 meters.
The latest results include several high-grade zones within hole ML26-46, such as 24.17 g/t gold, 31.64 g/t silver, and 1.62% copper over 3.5 meters from 67.6 meters depth, and 14.72 g/t gold, 47.72 g/t silver, and 1.81% copper over 2.1 meters from 43.35 meters. Additional drilling at the pad 56 meters southwest of earlier sections returned 6.44 g/t gold, 4.43 g/t silver, and 0.2% copper over 21 meters in hole ML26-051, including a 1.8-meter interval grading 56.48 g/t gold.
Drill hole ML26-052 yielded 1.09 g/t gold, 23.06 g/t silver, and 0.47% copper over 32.34 meters starting from 115 meters downhole.
The TESS Zone consists of hydrothermally altered and heavily fractured rocks traceable for at least 350 meters along trend, varying in true width from 15 to 25 meters and extending to a vertical depth of at least 175 meters. An hourglass-shaped high-grade plunging core has now been confirmed in at least one hole on every drill section over a 75-meter span.
“Results to date suggest that high-grade mineralization at TESS consists of several near-vertical, plunging zones contained within a wide structural / alteration corridor. Taken collectively, these results represent a rare opportunity of multiple high-grade intercepts plus copper and silver zones all within a single drill hole and within 150m from surface. Moreover, our 'structure first' exploration model is successfully locating prospective fault zones in all rock types across the ML project.”
— Dr. Rob Carpenter, Co-Chairman, President and CEO
The 2026 drill campaign has completed a total of 18,805 meters across 94 holes at the property, marking a material expansion from the 3,203 meters completed across 15 holes reported in late June 2026. Three drill rigs are currently operating, and the program is expected to wrap up within the next one to two weeks.
Assays remain pending for 49 additional drill holes across the entire 350-meter TESS Zone trend. Remaining drill objectives for the campaign include deep drilling of two holes at TESS to vertical depths of 275 to 300 meters below surface, as well as follow-up work at the Phoenix Zone, which was formally renamed from Skarn Ridge.