Prosperity Resources Limited
is a Western Australian based gold-copper explorer listed on the Australian Stock Exchange ('PSP').

The Company's initial objective is to explore and evaluate its existing mining tenements located in the Murchison Province in the mid-west of Western Australia and its iron oxide copper gold uranium 'IOCGU' mineral tenements in the Tennant Creek Goldfield, Northern Territory

The Murchison Province is host to vein-shear type gold deposits, which together have produced over 8 million ounces of gold. The Company's interest is in the Yalgoo-Singleton greenstone belt, with a focus in two major areas: the Mt Gibson Project Area and the Yalgoo Project Area.

The Company has interests in the Paynes Find and Mt Gibson Project areas, located south east of Geraldton, Western Australia.  These project areas predominantly contain banded iron formation 'BIF' and the company is exploring for iron ore and gold mineralisation.

The Company also holds over 400km2 of exploration tenure centered about historical mining centre of Yalgoo, located approximately 200k east of Geraldton, Western Australia.

In addition, the Company has an investment of 10% in the Masuparia Contract of Work ('COW') in Central Kalimantan, Indonesia. This COW is located 300 kms west from the port city of Balikpapan and 180 kms north of the capital Palangkaraya.  The project covers some 335 km2 of Tertiary-aged felsic volcanics, sediments and intrusives, including porphyries. Within this highly prospective geological belt, both the Kelian (7Moz gold) and the Mt. Muro (1.3 Moz gold, 25 Moz silver) mines are located.
  


LATEST NEWS


06 Nov

Issue of Shares & Options to Resource Finance Group
31 Oct Sep 2008 Quarterly Report
31 Oct Sep 2008 Appendix 5B
28 Oct Annual Report 2008
14 Oct Notice of AGM
    

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ASX: PSP

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Below: Prosperity Project Locations
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