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Prospectiva Resources Ltd (PSVA) News

TSXV: PSVA · Copper, Gold · Exploration stage

Prospectiva Resources is a Brazil-focused copper and gold exploration company advancing a district-scale portfolio of 100%-owned projects across the highly prospective but underexplored Borborema Province in northeastern Brazil. The Company's land package comprises 35 mineral exploration licences covering approximately 335km² across the states of Pernambuco and Paraíba with current focus on its flagship São Francisco Copper-Gold Project. São Francisco is the Company's priority exploration asset. Historical drilling has tested approximately 2km of the prospective trend and intersected high-grade, copper-dominant mineralisation at multiple locations. Geological interpretation, historical IP geophysics and Prospectiva's recent FLEM survey have subsequently defined a broader prospective geological and geophysical corridor extending for approximately 3km. The additional target areas include electromagnetic conductors at depth and broadly along the interpreted easterly plunge of the known mineralised system that have not previously been drill tested. Prospectiva is undertaking a diamond drilling programme to test newly identified electromagnetic conductors within a 3km long prospective corridor. The programme forms part of the Company's strategy to advance São Francisco towards the potential definition of an initial Mineral Resource in 2027.

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