Brief: Prosper Gold acquires land surrounding Ashley Gold & Young Davidson mine area-Ontario
01/03/2016 13:55
March 1 (Reuters) - Prosper Gold Corp PGX.V : * Acquires extensive land position surrounding recently optioned high grade ashley gold mine & young davidson mine area-Ontario * Agreement where Alexandria has granted co option to acquire 90% interest in wydee and matachewan claims in central Ontario * Agreement on properties calls for co to issue up to 750,000 shares,for work expenditures totaling $5 million over 5 yrs * Prosper gold corp -co may earn a further 15% interest in a property upon completion of a national instrument 43-101 resource calculation of 1.5m oz au Source text for Eikon urn:newsml:reuters.com:*:nCCN9R26HZ Further company coverage PGX.V ((Bengaluru Newsroom; +1 646 223 8780))
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