Prosperity Goldfields Corp has received drilling permits for its 100%-owned Kiyuk gold project located in Nunavut, Canada.

The company plans to undertake 3,500m of diamond drilling to test five gold targets.

Prosperity Goldfields will begin drilling next month, after building a camp site.

Prosperity Goldfields CEO R. Bruce Duncan said the acquisition of the exploration permit for the Kiyuk property is a positive development for the company.