Prospector Metals Corp

Hole 56 extended the Tes zone with 41.34 g/t gold over 7.81 m, including 130 g/t gold over 2.25 m; the host, valuing rock at roughly $130 per gram of contained gold, calls that very valuable material over easily minable widths.
The 2026 program is complete at about 100 holes and 20,000 m, but assays have been received for only 16 of 84 holes with six released, so the host sees substantial news flow still ahead.
CEO Rob Carpenter reports the Tes structural corridor is now traced for at least 400 m with drill-confirmed high grade over at least 100 m, and 3D interpretation points to multiple stacked, high-grade plunging zones within a dynamic fault zone resembling Canadian Shield systems.
The host hears echoes of Alaska's Pogo mine in the stacked-vein setting and stresses that the drill holes are starting to line up — in his words, 'grade plus continuity is king.'
He calls the ~$142 million valuation reasonable, places the stock in the bottom third of the sweet spot on his Lassonde Curve, and suspects it is a 2027 story; the first 2026 assays triggered a sharp sell-off he attributes to market action rather than weak results.

Valuing drill intersections per gram of in-situ metal is a quick way to compare high-grade hits and bulk tonnage on equal terms. Closer-spaced infill drilling that lifts grades, as at Southern Cross Gold, signals a system improving like a mine rather than shrinking. Goliath's broad low-grade zones between high-grade veins could suit block caving, bulk underground mining at roughly open-pit cost. A mineral resource estimate published before the mining method is settled can cap a project's value; follow it quickly with economics. Sentiment lags the metals: gold, silver, and copper are in bull markets while junior mining equities still price like a bear market.

Live Interview with Brien Lundin

Rule Investment Media

11 days ago 59:26

Key Highlights

Lundin calls Prospector Metals a buy at current levels (around $0.80-$0.90), saying it was probably a near-term sell at $1.50 and that a lot more drill news is coming.
He says last year's hole 31 was an extraordinary discovery hole, and the follow-up holes that disappointed the market are what you expect from structurally controlled mineralization that pinches and swells along the trend.
Prospector was his top Gold Newsletter recommendation for about 18 months before the drills ever turned, based on the ML prospect and the team's new geological interpretation.
He has stood on hole 31's drill pad, judges the prospect and its main trend highly prospective, and expects continued intersections of roughly 10-20 meters at about 5 g/t.
He sees the Phoenix zone (formerly the skarn zone, which he thinks was never an apt name) as underappreciated, already developing parallel zones and drilled targets.

Brien Lundin says gold and long bond yields are sending one signal — currencies will be depreciated to manage unpayable government debt. He favors producers: majors offer 4-5x potential with dividends and net cash, and eventually they must turn to M&A to refill depleted pipelines. Better-funded juniors now drill seriously, but developers advancing projects alone may cap takeover premiums near 20% instead of the 200% of past cycles. Strategic-metals politics invite government and generalist capital that ignores project economics, reviving deposits the industry had written off as uneconomic. Lundin stays bullish on K2 Gold's Mojave drilling, Prospector Metals around $0.80-$0.90, and Cabral's low-capex early production funding exploration without dilution.

Two Jurisdictions, One Thesis: Inside Toogood Gold's ($TGC | $TGGCF) High-Grade Discovery Strategy

Investor TV

21 days ago 1:00:32

Key Highlights

Prospector Metals originally discovered the Quinlan zone, its flagship asset during Colin Smith's Discovery Group years, before pivoting to the Mike Lake project in the Yukon's Tombstone belt.
The Quinlan discovery came from fundamental work - soil sampling, outcrop peeling, channel sampling and drilling - on a felsic dike carrying centimeter-scale blebs of visible gold in outcrop.
Prospector is running a concurrent mapping program that has identified over 50 occurrences of the felsic dike within a roughly 4-square-kilometer area around Quinlan, which management sees as potential for additional discoveries.

Toogood Gold advances two assets: an undrilled epithermal (near-surface hot-water) gold-silver system at Table Mountain, Nevada, and the Quinlan discovery in Newfoundland. Independent epithermal expert Stuart Simmons placed the gold-precipitating boiling horizon 50 to 200 meters below surface exposure, guiding shallow first drilling. Mapping defined multi-kilometer Widowmaker and Pacifico vein structures with property-wide boiling textures and surface rock samples running anomalous to multi-gram gold. Newfoundland's Quinlan zone shows visible gold in roughly half of early holes, surface grades to 76.89 g/t (grams per tonne), and stays open. A 3,000-5,000 meter maiden drill program could start in Q4 once permits land, funded from treasury plus a planned $2.5-3 million raise.

Brien Lundin - Gold Defies Yields and High-Upside Juniors in the Yukon

about 1 month ago 20:01

Key Highlights

Hole 31 last year was "extraordinary" — the share price quadrupled and the position peaked as a 10-bagger in Lundin's Gold Newsletter portfolio.
The stock pulled back after the first ~2.5 follow-up holes stepping out from hole 31 did not meet expectations.
Management has since drilled roughly 50 holes on the same TESTS target, which Lundin reads as a clear signal the geology team still likes what they see.
Lundin argues the odds are very low that the first hole into a blind target delivers the best intercept the target will ever produce, so he expects more good assays from TESTS.
Additional drill results from Prospector are expected "any day," and Lundin says his expectations have been raised again.

Gold has risen alongside 10-year Treasury yields since late June, driven by bond vigilantes demanding higher returns amid unsustainable sovereign debt. Bond vigilantes are pushing back against both the Treasury and the Fed, since U.S. debt now exceeds $40 trillion. Senior gold producers now generate stronger free cash flow yields relative to capex than technology companies, an inversion driven by ballooning AI infrastructure spending. Three Yukon juniors (Banyan Gold, Gladiator Metals, and Prospector Metals) impressed on recent site visits, with Banyan positioned as a keystone for regional consolidation. Advanced explorers face a real choice between publishing early economics to anchor valuation or continuing to drill to preserve upside, with resourced companies holding up better through pullbacks.

Live Q&A with Rick Rule and Albert Lu

Rule Investment Media

about 2 months ago

Key Highlights

Rick admits he does not know enough about Prospector to give a specific answer and instead uses Steve helicopter-tour anecdotes as a vehicle for a general rule
Rick general rule: when a Northern explorer has run up hard on unreleased assays and faces a winter news gap, he prefers to wait for the released news and often finds reality cheaper than the rumor-stretched price

Oil setup toward 2029 reflects deferred sustaining capex of $1B per day, with Venezuela reopening adding limited supply. Value prospect generators by multiplying third-party drill spend by the carried interest, then subtracting G&A — the synthetic profit measure. Anchor mining NPV discount rates to the host sovereign rate plus a 3-4% risk premium; US, Canada, and Australia use the project WACC instead. Press winners by trimming as price approaches value — Rick cut Paladin at $1.25, $3, and $6, pausing whenever a smart new buyer emerged. Northern exploration stocks typically get crushed each winter without news; March or April entries exploit the seasonal weak-handed selling.

Brien Lundin - Treasury Intervention and Surging Gold Equities

about 2 months ago

Key Highlights

The guest says Prospector's recent drill results were 'disappointing' relative to last season's big discovery hole, but argues the property 'shows all the potential' of ending up worth much more and that the stock is 'on sale right now'

The Treasury's doubling of long-bond buybacks signaled implicit yield control to markets, triggering a 4% single-day gold rally. Runaway US debt and deficits leave the Fed boxed in, reviving mainstream attention to the debasement trade via gold and silver. Mining equities are starting to leverage metal moves 3-to-1 (gold) and 2-to-1 (silver), with majors leading a roughly 35% monthly gain. Buying miners into the late-July to mid-August seasonal bottom can deliver a 30% head start versus entering later in the year.

Brien Lundin & Marc Chandler - Navigating the Precious Metals Rebound & Bond Market Realities

2 months ago

Key Highlights

Brien Lundin calls Prospector Metals a really high-profile play and a big winner in his portfolio, with drill results he is encouraged about as of August 2026.
He notes Prospector runs a very tight ship and will not release anything until they are ready, framing the upcoming news as a near-binary event given high expectations.

Lundin ties the gold rebound to fading odds of a Fed hike, arguing the deficit and debt math make further rate rises untenable. He expects majors flush with cash to eventually buy growth as pipelines deplete, with juniors likely closing their valuation gap first. Chandler attributes the rally to a softer dollar and lower short-term rates, with central banks and gold-backed stablecoins adding persistent demand. Copper broke above $6.70 on AI-driven data center demand, with $8 copper seen plausible as data capex scales. Chandler says dollar/yen intervention alone cannot hold without BOJ rate hikes, leaving the 155 level as the operative line.

Trillion-Dollar Mining Stocks, Developer Due Diligence & Stock Picks - Fund Manager Samuel Pelaez

MiningStockEducation.com

Key Highlights

Pelaez flags Prospector Metals as one of two names he is paying closest attention to heading into the second half of the year.
He highlights that the company is in its second drill campaign after 'exceptional' discovery holes last year, with the summer program designed to put dimensions on the discovery.
He calls the upcoming drill program a potential 'band burner' if it proves the strike extent and depth being targeted.

Long-term commodity cycle drivers remain intact; the gold pullback to 3,900 is a buying opportunity as liquidity broadens from gold into copper and oil. Copper developers with billion-dollar upfront capex are being repriced; only projects with strong shareholder registries attract takeover valuations. M&A is now driven primarily by permitting speed, not project scale; ready-to-build assets get taken out first in hot cycles. Concentration beats diversification in junior mining: cap top positions around 20% of the portfolio and go deep on fewer names instead of holding 70-80 stocks. Policy alignment is essential — never invest against government policy; US FAST 41 and Canadian permitting reforms are tailwinds for domestic critical minerals projects.

B2Gold CEO Mike Cinnamond on Execution, Buybacks, Dividends & Capital Allocation

Mining Network

Key Highlights

Prospector is named among B2Gold's existing strategic investments, and the CEO says B2Gold likes taking part in investee technical committees, sharing its expertise while gaining insight into the assets.

B2Gold's gold prepaids ended in June, freeing roughly $90 million of monthly free cash flow as the producer shifts into cash-harvest mode. Goose fire remediation combines with the Stage 1 mill expansion in Q3, targeting 3,200 tonnes per day and 4,000 tpd steady state by mid-2027. Management sees shares at a material discount to NAV (net asset value), prioritizing opportunistic buybacks of up to 10% of the float yearly. The pending Fekola Regional permit in Mali is the main catalyst; a three-month strip follows approval before incremental ounces reach the mill. Q1's AISC (All-In Sustaining Cost — what it really costs to produce an ounce) beat guidance on inventory sales and capex timing, with guidance unchanged.

Brien Lundin & Josef Schachter - Navigating the Precious Metals Correction & Energy Sector Trends

Key Highlights

Named by Brien Lundin, alongside K2 Gold, as having a pending drill program with expectations set very high.
He warns the outcome is binary in the current downtrend: great news can still drive most of the usual move, but good-but-not-great news risks being ignored or sold.

Lundin argues the precious-metals correction reflects two temporary factors, Fed hawkishness and the Iran war, while debt and deficits keep the bull market intact. Lundin expects majors producing record free cash to buy juniors after a re-rating, an opportunity he calls lower risk at this point. For development projects, Lundin uses a conservative $150-$200 per ounce in the ground as a takeover value benchmark. Schachter forecasts WTI averaging $80 this year and $90 next on winter demand and Strategic Petroleum Reserve restocking, with shale breakevens flooring prices near $65. Nathan Ritchie models producers at $80 oil and $2.50 gas in Alberta, favoring names trading near three to four times cashflow.

Brien Lundin – Emerging From The PM Market Malaise In Q2, To Better Seasonality & Sector News In Q3

Key Highlights

The guest calls Prospector Metals' current program one of — if not the most — eagerly watched drill plays of the season, with assay results expected "probably over the next two or three weeks" from the July 1, 2026 recording.
About 10 holes have been drilled and the company is waiting on assays as of the recording.
The program follows up on and steps out from the company's big discovery hole from last year (2025).
The host notes Prospector Metals has been discussed on and appeared on the KE Report before.

Brien Lundin argues gold's brief break below $4,000 flushed out weak hands, marking selling exhaustion and a likely bottoming process. He expects the Fed under Kevin Warsh to turn accommodative despite hawkish talk, because debt-servicing math caps how high rates can go. Dollar strength matters less for gold than many assume, since central bank buying and moves against all fiat currencies drive the price. Precious metals often bottom between mid-July and mid-August, and he says bargain hunters buying now can beat September-October buyers by 10-30%. He flags Prospector Metals, K2 Gold, Banyan Gold, Delta Resources and Auro Metals as juniors with drill results and resource updates due in Q3.

Toogood Gold ($TGC | $TGGCF): Advancing a District-Scale Gold Project in Nevada

Nordic Funds

Key Highlights

The CEO notes Prospector Metals recently made a significant gold discovery at Mike Lake in the Yukon.
Toogood's Newfoundland project was formerly Prospector Metals' flagship asset before a deal worked out by Toogood director Matt Roma moved it over.

CEO Colin Smith says the never-drilled Table Mountain project in Nevada is a district-scale epithermal (hot-spring style) gold system with multigram gold in surface veins. Band-on-band vein textures record boiling — the process that drops gold out of solution — pointing to shallow drill targets in an intact system. Origin Royalties and Altius Minerals found the project with airborne spectral alteration mapping, mirroring the 16-million-ounce Silicon-Merlin district nearby. In Newfoundland, the Toogood project hit visible gold in 15 of 19 maiden holes, and thin glacial cover makes soil anomalies reliable drill guides. About C$3 million in treasury and 85 million shares out fund the work, with a maiden Nevada drill planned for Q3 or Q4.

Michael Rockandel of Prospector Metals Corp. talks to Brien Lundin at the Metals Investor Forum

Metals Investor Forum

7 months ago

Michael Rockandel discusses Prospector Metals Corp's district-scale gold and base metal exploration strategy across top-tier North American jurisdictions. The company applies systematic exploration and modern geological models led by an experienced discovery team to generate new mineral discoveries. The Metals Investor Forum provides investors direct access to vetted junior mining companies with excellent management, financials, and promising properties.

Michael Rockandel of Prospector Metals Corp. at Metals Investor Forum in Toronto | February 2026

Metals Investor Forum

7 months ago

Michael Rockandel presents Prospector Metals Corp. (PPP) at the Metals Investor Forum in Toronto, highlighting corporate development initiatives. The forum features vetted junior mining companies endorsed by newsletter writers for their strong management teams and promising properties. Investors gain direct access to assess management quality through face-to-face interactions, a critical factor for junior mining success.

Peter Boockvar & Brien Lundin - Geopolitics to Metals Mania: Venezuela, Critical Minerals, PMs

9 months ago

Key Highlights