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In it to Win it

Prospector Metals Launches $15M Gold Drill Campaign With $30M Cash

NowPress play to follow along0:00 / 16:39
Chapters10 segments · tap to seek
ticker lesson

Breakdown

0:02lesson

Intro to Prospector Metals

  • Welcome to In It to Win It
  • Steve Barton and Rob Carpenter on site
  • Discuss company size, market cap, cash, debt
1:55PPP· ticker

Prospector Metals — financials and drilling

  • 170 million shares outstanding
  • Price 96 cents
  • Cash 36 million CAD
  • Drill campaign 20,000 meters
  • Drill results anticipated
3:36PPP· ticker

Prospector Metals — lab results and shareholder structure

  • 86 holes drilled, 16,500 ft
  • Two and a half holes assayed
  • Lab backlog
  • Shareholder base: B2 Gold 19.9%, Alpina 9.9%
  • Free float 30 million shares
5:25PPP· ticker

Prospector Metals — geologist options and drilling strategy

  • Geologists have options at 12 cents
  • Drilling blocked out for insiders
  • Drilling step out holes
  • Project is well-layered
7:29PPP· ticker

Prospector Metals — project continuity and market challenges

  • Continuity and grade are key
  • High-grade structurally controlled deposit
  • Market expects binary answers
  • Project is 15 km long
9:11PPP· ticker

Prospector Metals — future plans and financial position

  • Assays due by December
  • Cash 30 million CAD
  • Can do two more years of drilling
  • Other prospects and soil samples
10:54PPP· ticker

Prospector Metals — team and operational structure

  • 60 people on site
  • Drillers, builders, cooks, geologists
  • Strong treasury and management alignment
12:30PPP· ticker

Prospector Metals — Rob Carpenter's experience and vision

  • Geologist with history in major gold projects
  • Acquired Coffee project, 5 million ounces
  • ML project has similar structural makeup
  • Vision for high-grade gold discoveries
14:11PPP· ticker

Prospector Metals — team and operational structure

  • Rob Carpenter's background in geology
  • Worked with John Robbins for 25 years
  • Co-chairman Craig Roberts with 30 years in finance
  • Shared passion and vision
15:56PPP· ticker

Prospector Metals — contact details and closing remarks

  • Stock symbol PPP on TSX Venture
  • Website prospectormetals.com
  • Thank you to viewers and guests

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