Prosperity Goldfields is pleased to announce initial results from its recently completed summer exploration program. Complete assay results from the property wide till sampling program have been received. Results from other sampling programs are still being processed. Five new areas of anomalous gold values ranging from 26 ppb Au to 54 ppb Au were [...]
Prosperity Goldfields announces the completion of the summer exploration program on its 100% owned Kiyuk Lake Gold Project. The objectives of the summer program were: to field check a new glacial geology map of the Property; to collect till geochemical samples over the entire 590 sq km Property; to grid till sample priority targets; and to prospect [...]
Prosperity Goldfields announces, effective July 10, 2012, that Mr. R. Bruce Duncan has resigned as a director to focus on his duties as CEO of Evolving Gold Corp. and other ventures. Mr. Duncan was instrumental in the initial public listing of the Company via the spin out of the Kiyuk Property from Evolving Gold in 2011. The Company would like to [...]
Prosperity Goldfields is pleased to announce the commencement on July 15th of an exploration program on its 100% owned Kiyuk Lake Gold Project, Nunavut (the "Property"). The field work will consist of mapping and prospecting, plus sampling of surficial media for geochemistry. This work, described in more detail below, will lead to an improved [...]
Prosperity Goldfields reports that assay results have been received from all twelve holes of the recently completed spring drill program of 2,652 m of drilling on its 100 percent owned Kiyuk Lake gold property located in southern Nunavut. The last hole of the spring program, KI12-012, was sited to test multiple magnetic highs in an area where [...]
Prosperity Goldfields reports that assay results have been received from three holes of the recently completed 12 hole spring drill program on its 100 percent owned Kiyuk Lake gold property located in southern Nunavut. Three holes were drilled at the Rusty zone and intersected multiple zones of gold mineralization (Table 1). Significant intercepts [...]
Prosperity Goldfields and Smash Minerals provide an update on their amalgamation and the core drilling program at Prosperity's Kiyuk Lake gold property, Nunavut. Having received shareholder approval, Prosperity and Smash will amalgamate, under the British Columbia Business Corporation Act, into a new company to be named Prosperity Goldfields Corp [...]
Prosperity is pleased to announce that the shareholders of Prosperity approved the continuance of Company to British Columbia under the Business Corporations Act and the Amalgamation of Prosperity and Smash Minerals. The Arrangement and the Amalgamation was approved at the special meeting of the Company's shareholders on March 30, 2012, by 99.97 [...]
On March 21st, 2012, Prosperity Goldfields commenced a Spring 2012 program of diamond core drilling at the Kiyuk Lake Project. The drill is currently positioned over the "Rusty" showing targeting the down-dip extension of gold mineralization previously identified during the Company's Summer 2011 drill program where hole RU11-001 returned an average [...]
Evolving is pleased to announce it has reached agreements to sell a portion of its interest in Prosperity Goldfields Corp. to certain purchasers for aggregate gross proceeds of $4,000,000. Certain of the purchasers are or will become insiders of Prosperity. The sale involves approximately two-thirds of the Company's current holdings of 11,933,563 [...]
Prosperity is pleased to provide an update on its 100% controlled Kiyuk Gold Project in Nunavut. Prosperity Goldfields has recently received metallic screen assays for select drill intervals first reported in a news release dated September 15, 2011. Metallic screen assay results for the single drill hole (RU11-001) that tested the Rusty Zone show [...]
Smash Minerals and Prosperity Goldfields are pleased to announce that the parties have now executed a definitive business combination agreement in respect to the proposed transaction first announced by the parties on January 5, 2012. The parties to the Transaction act at arm's length. Assuming completion of the Transaction, which will be completed [...]