Smash Minerals and Prosperity Goldfields are pleased to announce a proposed business combination to be effected by way of the amalgamation of both companies. The parties to the Transaction act at arm's length. Assuming completion of the Transaction the amalgamated entity will own rights to 100% of the interests in two prospective resource projects [...]
Prosperity Goldfields announces that R. Stuart Angus has resigned as a Director of the Company effective December 22nd, 2011. The Company would like to thank Mr. Angus for his service on the Board of Prosperity. The Company will actively seek a replacement to fill the vacated seat.
Prosperity Goldfields is pleased to announce all assay results from Phase One drilling on three gold targets at its 100% controlled Kiyuk Gold Project, southern Nunavut, Canada. Best results are from the Rusty Zone, with 157.6 meters at 1.70 gpt Au (516.9 ft at 0.05 opt Au), including 30.5 meters at 4.90 gpt Au (100.0 ft at 0.143 opt Au). Drilling [...]
Prosperity Goldfields is pleased to announce its Phase One drill program at its 100% controlled Kiyuk Gold Project, Nunavut is nearing a successful completion. To date, approximately 2,600 meters of diamond drilling have been undertaken at the Cobalt and Gold Point Zones and the first hole targeting the Rusty Zone is presently underway. The [...]
Prosperity Goldfields announced today it has completed a private placement of 2,500,000 units at $0.68 per Unit for gross proceeds of $1,700,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the subscriber to acquire one additional common share of the Company for a period of two years at [...]
Prosperity Goldfields is pleased to announce that, subject to regulatory approval, it has signed an agreement with Frontline Communications Investor Relations Inc. and its principal, Leo Karabelas, of Toronto, Ontario. Frontline will provide investor relations services to improve communications with investors, to increase market awareness of the [...]
Prosperity Goldfields is pleased to announce it has commenced its 2011 drill program at its 100% controlled Kiyuk gold project located in southern Nunavut. Approximately 3,500 meters of diamond drilling will test five gold targets. “Over the next two months, Prosperity Goldfields will drill five robust gold targets at Kiyuk,“ states Quinton [...]