About this episode
Prospector Metals (TSXV: PPP; OTCQB: PMCOF) is ramping up exploration at its ML project near Dawson City, Yukon, following a 2025 discovery and new strategic backing from gold producer B2Gold. Speaking with Kitco Mining at PDAC 2026, President & CEO Rob Carpenter said the company plans to increase drilling from about 6,000 meters completed in 2025 to more than 25,000 meters in 2026. The discovery campaign included a high-grade intercept at the TESS zone, where drilling returned 44 meters grading 13.79 g/t gold with copper and silver credits.Carpenter said the goal this year is to grow the discovery and test the broader district-scale potential of the system. “Our objective is to expand that new discovery from last year, as well as show that the potential for this area to host district-scale or multiple deposits,” he said. Carpenter also pointed to a shift in exploration capital toward stable jurisdictions, noting that “Exploration dollars are coming home to Canada.”Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. To learn more about Prospector Metals, visit: https://prospectormetalscorp.com/00:21 - Prospector Metals Overview and $45M Treasury00:53 - B2Gold Strategic Backing and 2026 Drill Expansion01:32 - Lessons From the Kaminak Coffee Discovery02:40 - Why Yukon Still Delivers New Gold Discoveries03:50 - Capital Flow Returning to Canada and Yukon Sentiment04:36 - PDAC Core Shack and the High-Grade Discovery Story05:55 - What Gets Investors Back Into Junior Explorers07:20 - Financing Checkmarks Investors Look For10:12 - Greenfield Discovery Roadmap Toward a Resource12:30 - Where the Real Money Is Made in Exploration14:25 - How New Gold Discoveries Actually Start__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: