Savant, Ontario

70% (earn in) interest in 22,900 ha (229 km2) Savant property, which is road accessible, and located 240km northwest of Thunder Bay, Ontario.

Highlights

  • ​​​​High grade gold mineralization over 10 x 10 km area
  • Multiple untested high-grade targets
    • Similar setting to Newmont’s Musselwhite Mine, Agnico Eagle’s Meadowbank and Amaruq mines
  • Recent discovery of two new deformation zones:
    • Wiggle Deformation Zone - with bedrock grab samples  up to 68.6 g/t Au
    • Snowbird/Shoal Deformation Zone - with bedroom grab samples up to 99.6 g/t Au
  • LiDar data collected in June 2022 in process

 

Historical Savant Project Drill Program Highlights:

  • High grade gold mineralization at surface and in historical diamond drilling occurs over 10 x 10 km area and is summarized in the table below and in Figure 1:

Showing

Lithology

Best Historical Surface Sample Assay (g/t Au)

Best Historical Drillhole Intercept

Horseshoe

Iron Formation

138.87

Never drilled

Wiggle Creek

Iron Formation

20.131,2

15.55 g/t Au over 0.4m1

  • Shoal

Iron Formation

46.651,2

1.87 g/t Au over 0.6m1

One Pine

Iron Formation

40.87

23.6 g/t Au over 0.5m1

Snowbird

Iron Formation

38.8

Never drilled

L28

Iron Formation

32.35

Never drilled

Stillar Bay

Sheared Iron Formation

4.011,2

3.26 g/t Au over 1.22m1

Big Sandy

Sheared Volcanics

3.64

Never drilled

1 Historical assay values have not been independently verified by the Company and a potential investor should not place undue reliance on historical results when making an investment decision, nor should they be used as the sole criterion for making investment decisions. There is no assurance that the Company can reproduce such results or that the historical results described therein will be realized. “Best surface samples” are grab / select samples and not necessarily representative of mineralization hosted on the property.

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Prospector Metals Corp.

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