Monday, March 25, 2019
Prize Mining (PRZ:CA)
Building a Future on Copper.
Prize Mining Corp is a Canada based resource exploration company. It is primarily engaged in the business activity of acquiring and exploring resource properties in Canada. All the operations of the company are carried out in Canada. The organization is focused on Kena and Daylight Gold project which is located in the Nelson area of British Columbia, Canada.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Prize is largely a play
on expanding global demand for copper. While the Kena gold project is under strategic review,
the Manto Negro project is where management is positioning itself to focus the
greatest resources going forward in order to capitalize on expected growth in
copper demand. - Phase II drilling program
at Manto Negro. Management’s key objective at both projects has been
to consolidate contiguous land packages to form district-scale projects and to
build resources and reserves. Phase I and II drilling programs have been
completed at the Kena project and a Phase I drilling program has been completed
at Manto Negro. A Phase II program will entail drilling another 3,000 to
5,000 meters in 2019 follow…
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