Feb 29 (Reuters) - Prosper Gold Corp PGX.V :
* Acquires high grade ashley gold mine - cadillac larder lake fault area -
Ontario
* Agreement with optionors,granting co option to acquire 100% interest in
ashley mine,surrounding claims in central Ontario
* Says agreement calls for company to make payments of $700,000, issuance of
1.7 million Prosper Gold shares
* Says option agreement also calls for the company to make work expenditures
totaling $250,000 over 3 years
* Source text for Eikon ID:nCCN4wyGfD
* Further company coverage PGX.V