Dr. Rob Carpenter reports

PROSPECTOR ISSUES STOCK OPTIONS

Prospector Metals Corp. has granted a total of 2.8 million incentive stock options to directors, officers and consultants of the company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase one common share of the company for five years at a price of 25 cents per common share in accordance with the terms of the company's omnibus equity incentive plan.

About Prospector Metals Corp.

Prospector Metals is a proud member of Discovery Group. The company is focused on district-scale, early-stage exploration of gold and base metal prospects. Creating shareholder value through new discoveries, the company identifies underexplored or overlooked mineral districts displaying important structural and mineralogical occurrences similar to more established mining operations. The majority of acquisition activity occurs in Yukon and Ontario, Canada -- Tier 1 mining jurisdictions with an abundance of overlooked geological regions possessing high mineral potential. Prospector establishes and maintains relationships with local and indigenous rightsholders, and seeks to develop partnerships and agreements that are mutually beneficial to all interested parties.