Prospector Metals Surged 700% From 12 Cents and Now Comes the Real Test

Rob Carpenter, geologist, CEO of Prospector Metals and veteran gold explorer involved with major discoveries including the Coffee Project, joins me on site at the company's ML Project in Yukon.  👉 Gold Newsletter: https://prospectormetalscorp.com In this episode, Rob takes me inside Prospector Metals' aggressive 2026 exploration campaign, where three drills are working toward a 20,000-metre target under a roughly C$15 million program. We discuss the company's approximately 170 million shares outstanding, C$0.96 share price on August 27, C$36 million treasury, expected C$25–30 million year-end cash position, and surprisingly efficient all-in drilling cost of roughly C$600 per metre despite helicopter-supported operations.  I also dig into what could determine the next chapter for Prospector Metals and PPP shareholders. Rob explains why continuity and grade remain the biggest unanswered questions at the structurally controlled high-grade gold system, while every 2026 hole is effectively a step-out designed to increase its footprint. We discuss delayed assays, the Tess prospect, Skarn Ridge, the 15-kilometre project-scale opportunity and the financial runway to keep exploring even if Tess disappoints. Rob also explains the shareholder structure, including B2Gold's 19.9% position, Alpayana's 9.9% stake and his own roughly 5% ownership. Finally, we explore his background at Hope Bay and Meliadine and the Coffee Project, which he says grew to roughly five million ounces within three years of the first hole.   **Key Insights In This Episode** ✅ Prospector Metals is executing a C$15M, 20,000-metre Yukon drilling campaign with three active drills. ✅ The company held roughly C$36M cash and expects C$25–30M remaining at the end of 2026. ✅ B2Gold owns 19.9% and Alpayana owns 9.9%, providing major strategic and technical shareholder backing. ✅ High-grade gold continuity and grade are the key geological questions the 2026 step-out drilling aims to answer. ✅ Delayed laboratory turnaround means a steady stream of drill assays could continue through approximately Christmas. ✅ Rob Carpenter sees geological similarities in structural geometry between ML and the Coffee Project, which grew to roughly five million ounces.   **Affiliates /Tools for Success that I Love and find Helpful:** Technical Analysis Series  Battle Bank  Rule Symposium 2026 Rule Classroom (Free)  Rule Classroom Plus (2 Free Months)  TradingView (Free) Lobo's Weekly Recap (Free) Uranium Insider Newsletter   **Chapters** 00:00 Prospector Metals On Site in Yukon 02:59 20,000 Metre Drill Campaign and Assay Timeline 05:34 B2Gold Ownership and Share Structure 06:29 Insider Options and Team Alignment 07:54 The Biggest Question Facing Prospector Metals 10:23 What Happens if Tess Disappoints 13:01 Rob Carpenter's Gold Discovery Track Record 15:45 Final Thoughts and PPP Stock Symbol   **DISCLAIMER**: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero. **WHAT I DO:** I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study. **AFFILIATE DISCLOSURE:** Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links. #InItToWinIt #SteveBarton #RobCarpenter #ProspectorMetals #PPP #Gold #GoldStocks #GoldMining #GoldExploration #YukonGold #JuniorMining #MiningStocks #B2Gold #Alpayana #MLProject #TessProspect #HighGradeGold #Commodities #PreciousMetals #TSXV