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 Treasury
00:53 - B2Gold Strategic Backing and 2026 Drill Expansion
01:32 - Lessons From the Kaminak Coffee Discovery
02:40 - Why Yukon Still Delivers New Gold Discoveries
03:50 - Capital Flow Returning to Canada and Yukon Sentiment
04:36 - PDAC Core Shack and the High-Grade Discovery Story
05:55 - What Gets Investors Back Into Junior Explorers
07:20 - Financing Checkmarks Investors Look For
10:12 - Greenfield Discovery Roadmap Toward a Resource
12:30 - Where the Real Money Is Made in Exploration
14:25 - 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.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.