UPDATE: Prosperity Goldfields Reports Latest Results from Kiyuk Lake, Nunavut; Shares Up 4% Late Morning
Prosperity Goldfields (PPG.V), which closed at a yr low of 12 cents yesterday, today reported assay results from the first four drill holes from the ongoing winter drill program on its 100% owned Kiyuk Lake gold property. Multiple zones of gold mineralization have been intercepted in three of the first four drill holes from the Rusty Zone, Prosperity said.
Hole KI13-001 35.9 m at 4.95 g/t Au from 134.1 m
Hole KI13-003 12.0 m at 6.61 g/t Au from 80.0 m
Hole KI13-004 24.1 m at 3.40 g/t Au from 34.0 m
28.0 m at 1.53 g/t Au from 66.0 m
8.0 m at 8.24 g/t Au from 168.0 m
30.0 m at 2.87 g/t Au from 224.0 m
Prosperity is now up half a cent to 12.5 cents late morning.
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