Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Prospector Metals drills 15 holes to date at ML

Prospector advances its 2026 ML drill program on schedule, awaiting assay results to validate TESS zone continuity.

By The Northwire Desk — AI Analysis Jun 25, 2026 · 16:03 PPP · 1.18 Prospector Metals Corp.
Executive Summary

Prospector Metals Corp. (PPP) has issued a progress update regarding its 2026 diamond drill program at the ML Project in Yukon. To date, the company has completed 15 holes totaling 3,203 meters, with two rigs actively targeting the newly discovered TESS zone.

A third drill rig is scheduled to arrive on June 27 to expand exploration efforts to Skarn Ridge, ML stock contacts, and other geophysical targets. The full 2026 program aims to drill 25,000 meters over a four-month period, with assay results expected to be released in batches in the coming weeks. The update confirms the company is executing its previously announced exploration plan on schedule and on budget.

Material Impact

Prospector Metals Corp. (PPP) released a routine operational update confirming the execution of its 2026 drill program, which was originally announced in January and May 2026. The update does not include new assay data, financial results, or strategic shifts.

The company is tracking progress against its fully funded $15-$16 million exploration budget, with no material deviation from prior expectations or guidance.

PPP · Price
Company Overview

Prospector Metals Corp. (PPP) is a pre-revenue exploration company focused on high-grade gold, copper, and silver discoveries in the Yukon Territory. The company’s flagship asset is the ML Project, a 10,869-hectare property that is 100% owned with no third-party royalties. Located in the Tombstone Ring District, the project hosts a reduced intrusion-related gold system (RIRGS). Key zones within the property include the newly discovered TESS zone, which features high-grade Au-Cu-Ag mineralization; Skarn Ridge, a wide structural corridor; and the Bueno zone.

To focus exclusively on the ML Project, Prospector Metals recently divested its non-Yukon assets, including Savant, Devon, Whitton, and TooGood, to BeMetals Corp., which is renaming to Lightning Resource Corp.

Read the original news release →

More from Prospector Metals Corp.

Jun 25, 2026 · 07:01

Prospector Provides Drilling Update, ML Project, Yukon

Drill Results May 28, 2026 · 19:30

Prospector Metals Confirms Financing Structure for Asset Divestiture as Yukon Drilling Program Advances

Financings May 26, 2026 · 17:04

Prospector Metals Confirms Yukon Drill Program Execution Amidst Strategic Pivot and Cash-Rich Position

Drill Results May 26, 2026 · 07:01

Prospector Confirms Yukon Pivot with Fully Funded Drill Program, Grades Validate TESS Zone Continuity

Drill Results May 20, 2026 · 07:01

Prospector Metals Streamlines Portfolio with Asset Divestiture, Focuses Capital on High-Grade Yukon Discovery

M&A / Property May 20, 2026 · 07:00

Prospector Metals streamlines to a Yukon pure-play as the BeMetals spinoff clears final hurdles, shifting all focus and a $42M war chest to high-grade TESS Zone expansion.

M&A / Property