Prospect Global Resources, Inc. is a mineral exploration and development company engaged in the identification, acquisition and evaluation of precious and base metal properties. The firm’s primary focus lies in advancing gold and silver prospects through the various stages of exploration, including geophysical surveying, drilling programs and resource estimation. By leveraging in‐house technical teams and strategic partnerships, the company aims to delineate commercially viable deposits and attract joint‐venture funding for further development.
Headquartered in Wilmington, Delaware, Prospect Global Resources maintains a portfolio of projects concentrated in mineral‐rich regions of Mexico and the western United States. The company’s flagship property is located in the Oaxaca region, where historic workings and favorable geology underpin ongoing drilling initiatives. In addition to its core precious metals assets, Prospect Global Resources conducts regional reconnaissance for copper and zinc targets, broadening its pipeline and potential for future discoveries.
Founded in 2005 as a private exploration outfit, the business transitioned to the over‐the‐counter market in 2012 to access public capital and scale up its exploration efforts. Over the years, management has completed multiple phases of financing and strategic farm‐out agreements with established mining operators, accelerating project timelines while mitigating dilution. The company’s methodical approach to permitting and community engagement reflects a commitment to responsible resource development and environmental stewardship.
Under the leadership of Chief Executive Officer David Browne, a mining industry veteran with more than three decades of operational and corporate experience, and Chief Financial Officer Laurie Brown, a seasoned capital markets professional, Prospect Global Resources has strengthened its governance framework and operational oversight. The management team is supported by a board of directors with deep expertise in geology, finance and project management, positioning the company to advance its exploration agenda and enhance shareholder value over the long term.
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