Prosperity Goldfields Corp. (the "Company" or "Prosperity") (TSX VENTURE:PPG)
announces final assay results for its 20 hole, 4,427 m winter drill program on
its 100% owned Kiyuk Lake, Nunavut gold project (the "Property"). Final assay
results from the Rusty discovery include 24 m at 2.52 g/t Au from 184 m, 24 m at
1.47 g/t Au from 10 m and 28 m of 1.05 g/t Au from 38 m in three separate drill
holes. The winter program completed eleven holes at the Rusty Zone and nine
holes at other prospects (see Figure 1, Rusty drill plan, & Figure 2, Winter
drill locations). 


Highlights from 2013 Winter Drilling



--  35.9 metres of 4.95 g/t Au from 134.1 m at the Rusty Zone (previously
    reported on April 9, 2013).  
--  Multiple gold intersections greater than 20 m at 0.5 g/t Au cut-off from
    five other holes at Rusty proving continuity of gold mineralization. 
--  Rusty Zone still open at depth, at surface, and to the south east. 
--  Anomalous gold grades (greater than 0.5 g/t Au over 2 metres) were
    intersected in 17 of the 20 drill holes completed during the 2013 winter
    program suggesting a large hydrothermal system exists on the Property.



"The 2013 winter drill program was a combination of further defining the Rusty
Zone and testing other prospects, some of which had not previously been drilled.
The Rusty Zone results were strong and demonstrated continuity of mineralization
as well as defining limits to part of the system", commented Prosperity CEO
Adrian Fleming. "Rusty is still open and needs more drilling to define a
resource. The wildcat drilling at other prospects did not deliver a discovery
but follow-up drilling is warranted at the newly identified hydrothermal centers
at North Snake and Anderson, and many other prospects remain untested."


At the Rusty Zone, drilling has defined the limits of the breccia hosted gold
mineralization to the north west and south west, however the zone is still open.
Including the discovery hole at Rusty drilled in 2011, which returned 37.8 m at
4.18 g/t Au from 2.44 m, a total of 15 holes have been completed at the Rusty
Zone. Ten of these holes contain significant gold intercepts at a 0.5 g/t Au
cut-off as summarized in Table 1 and shown in the cross section, Figure 3. Of
these ten holes, six were drilled in 2013. Previously unreleased intercepts
include 24 m at 2.52 g/t Au from 184m (KI13-011), 24.0 m at 1.47 g/t Au from
10.0 m (KI13-013) and 28 m at 1.05 g/t Au from 38 m (KI13-015). Hole KI13-011
experienced drilling difficulties at 208 m and the rod string was lost in the
hole. The last 24 metres of core prior to the hole being lost containing 24 m of
2.52 g/t Au suggests that mineralization could extend further to depth.


Three dimensional modeling of this winter drill data clearly shows that the
Rusty Zone is open at the surface to the south east and at depth.


The nine exploratory drill holes completed this winter were at the Rasmussen,
North Snake, Bancroft, Cobalt and Anderson prospects (Figure 2). Hole KI13-012
at North Snake intersected pyrrhotite and magnetite-bearing brecciated mudstone
and returned 6 m at 1.33 g/t Au from 24 m at a 0.5 g/t cut-off. The other
prospects' assays did not make the Company's strict 0.5 g/t Au and 6m minimum
length intercept criteria, however, sporadic gold mineralization was
intersected. At Bancroft, (3 exploratory holes) a 54 m interval in hole KI13-006
returned anomalous grades up to 1.4 g/t Au from 14 metres; at Cobalt KI13-019
returned a 44 m interval of anomalous grades up to 1.4 g/t Au from 122 metres;
and at Anderson KI13-020 returned anomalous grades up to 1.5 g/t Au in two
intervals. These wildcat drill results, although lower grade, emphasize that
these prospects as worthy of further exploration and demonstrate that multiple
hydrothermal centers, in addition to Rusty, exist on the property. 


A summary of drill holes assays at the Property, outside of the Rusty Zone, with
significant mineralized intercepts, at a 0.5 g/t Au cut-off is provided below in
Table 2. 


Collar coordinates and drill orientations for all 2013 drill holes are shown in
Table 3.


All available geologic, geochemical, structural, and geophysical data is
currently being evaluated in order to define the scope of the summer field
program that is expected to be carried out in July or August 2013. 


The exploration program is being directed by Adrian Fleming, CEO and a Director
of Prosperity with additional specialist expertise in geology, geochemistry and
geophysics being provided by CSA Global Canada Geoscience Ltd.


A comprehensive QA/QC program is in place to monitor precision and accuracy of
assay results. Drill core samples are submitted with certified reference
materials and analyzed by SGS Minerals Services, Red Lake, Ontario. Gold
analyses are by fire assay using a 30 g charge and an atomic absorption
spectrometry finish. Over-range assays greater than 3 g/t Au are re-assayed
using a gravimetric finish. SGS Mineral Services is ISO 9001 accredited.


Adrian Fleming RPGeo, MAusIMM(CP) is a Qualified Person and is responsible for
the technical content of this news release. 


Additional information including maps and cross sections displaying these drill
results can be viewed on the company web site at www.prosperitygoldfields.com.


ON BEHALF OF THE BOARD OF PROSPERITY GOLDFIELDS CORP.

Adrian Fleming, CEO and Director

This press release includes "forward-looking statements" including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of Prosperity Goldfields Corp. Statements regarding mineral exploration
operations and objectives are subject to risk, including, but are not limited
to, exploration and geologic risk, inflation and costs of goods and services,
property title issues and regulatory approvals. Investors are cautioned that any
such statements are not guarantees of future performance and that actual results
or developments may differ materially from those projected in the
forward-looking statements. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Prosperity Goldfields Corp. does not assume the obligation to update
any forward-looking statement, except as required by applicable law.




Table 1: Rusty Zone, + 0.5 g/t Au cut-off drill intercepts, all holes,
2013 holes highlighted with an (x)

----------------------------------------------------------------
                              From    Length
Hole No     Area                (m)       (m)   Au g/t   g/t x m
----------------------------------------------------------------
RU11-001    Rusty             2.44     37.80      4.18    157.87
----------------------------------------------------------------
RU11-001    Rusty            41.76     13.56      1.22     16.51
----------------------------------------------------------------
RU11-001    Rusty            67.67     18.59      2.31     42.93
----------------------------------------------------------------
RU11-001    Rusty            88.09     11.58      1.52     17.57
----------------------------------------------------------------
RU11-001    Rusty           110.95      7.47      1.19      8.92
----------------------------------------------------------------
KI12-001    Rusty            20.00     15.00      1.08     16.26
----------------------------------------------------------------
KI12-001    Rusty            56.00      7.50      1.26      9.45
----------------------------------------------------------------
KI12-001    Rusty            65.00      7.53      1.19      8.95
----------------------------------------------------------------
KI12-001    Rusty            81.49     23.01      1.49     34.31
----------------------------------------------------------------
KI12-001    Rusty           115.00     24.00      3.73     89.51
----------------------------------------------------------------
KI12-001    Rusty           145.03      7.47      1.68     12.55
----------------------------------------------------------------
KI12-001    Rusty           166.05      8.95      5.10     45.66
----------------------------------------------------------------
KI12-002    Rusty           137.00      9.00      5.40     48.64
----------------------------------------------------------------
KI12-002    Rusty           156.50     18.00      3.47     62.54
----------------------------------------------------------------
KI12-002    Rusty           195.50      7.50      2.82     21.17
----------------------------------------------------------------
KI12-002    Rusty           218.00     22.50      1.80     40.55
----------------------------------------------------------------
KI12-003    Rusty            19.48     19.52      3.49     68.19
----------------------------------------------------------------
KI12-003    Rusty           108.00     10.50      7.17     75.33
----------------------------------------------------------------
KI12-003    Rusty           159.00     61.50      3.34    205.51
----------------------------------------------------------------
(x)KI13-001 Rusty            40.00      6.00      2.12     12.71
----------------------------------------------------------------
(x)KI13-001 Rusty            48.00      6.00      1.27      7.62
----------------------------------------------------------------
(x)KI13-001 Rusty            81.97      8.01      1.28     10.24
----------------------------------------------------------------
(x)KI13-001 Rusty           101.99      8.01      2.53     20.29
----------------------------------------------------------------
(x)KI13-001 Rusty           134.05     35.92      4.95    177.64
----------------------------------------------------------------
(x)KI13-003 Rusty            79.98     12.02      6.61     79.42
----------------------------------------------------------------
(x)KI13-003 Rusty           256.00      8.00      1.30     10.43
----------------------------------------------------------------
(x)KI13-004 Rusty             8.23     11.81      1.46     17.26
----------------------------------------------------------------
(x)KI13-004 Rusty            33.97     24.09      3.40     81.88
----------------------------------------------------------------
(x)KI13-004 Rusty            66.00     28.00      1.53     42.76
----------------------------------------------------------------
(x)KI13-004 Rusty           104.00     14.00      1.70     23.84
----------------------------------------------------------------
(x)KI13-004 Rusty           132.02      9.98      1.72     17.17
----------------------------------------------------------------
(x)KI13-004 Rusty           168.00      8.00      8.24     65.90
----------------------------------------------------------------
(x)KI13-004 Rusty           181.96      8.04      1.17      9.43
----------------------------------------------------------------
(x)KI13-004 Rusty           196.00     10.00      3.01     30.09
----------------------------------------------------------------
(x)KI13-004 Rusty           224.00     30.00      2.87     86.03
----------------------------------------------------------------
(x)KI13-011 Rusty           162.00      8.00      4.01     32.11
----------------------------------------------------------------
(x)KI13-011 Rusty           184.00     24.00      2.52     60.49
----------------------------------------------------------------
(x)KI13-012 North Snake      24.00      6.00      1.33      7.96
----------------------------------------------------------------
(x)KI13-013 Rusty            10.01     23.99      1.47     35.37
----------------------------------------------------------------
(x)KI13-013 Rusty            58.00     10.00      1.39     13.85
----------------------------------------------------------------
(x)KI13-015 Rusty            24.03      7.97      1.71     13.60
----------------------------------------------------------------
(x)KI13-015 Rusty            38.00     28.00      1.05     29.33
----------------------------------------------------------------
(x)KI13-015 Rusty           218.00     12.00      1.87     22.38
----------------------------------------------------------------
(x)KI13-015 Rusty           240.00      8.00      1.14      9.10
----------------------------------------------------------------
Criteria: 0.5 g/t Au cut-off, greater than 1 g/t Au composite
average, 4 m internal dilution, apparent thickness
----------------------------------------------------------------


Table 2: + 0.5 g/t Au cut-off drill intercepts, other Prospects,
2013 hole highlighted with an (x)

----------------------------------------------------------------
                              From    Length 
Hole No     Area                (m)       (m)   Au g/t   g/t x m
----------------------------------------------------------------
GP11-002    Gold Point      102.72      6.10      2.62     15.97
----------------------------------------------------------------
GP11-003    Gold Point      148.53     12.10      6.37     77.08
----------------------------------------------------------------
GP11-003    Gold Point      164.84     26.55      3.17     84.26
----------------------------------------------------------------
GP11-003    Gold Point      199.37      8.50      1.76     14.96
----------------------------------------------------------------
GP11-005    Gold Point      108.81     15.24      1.92     29.31
----------------------------------------------------------------
GP11-005    Gold Point      174.19     17.53      2.09     36.59
----------------------------------------------------------------
GP11-006    Gold Point      214.67      7.92      6.20     49.14
----------------------------------------------------------------
GP11-006    Gold Point      319.12     10.21      1.56     15.90
----------------------------------------------------------------
CS11-002    Cobalt           52.43      6.10      1.56      9.52
----------------------------------------------------------------
CS11-002    Cobalt           63.09     21.34      2.15     45.88
----------------------------------------------------------------
CS11-004    Cobalt           84.43     13.72      1.89     25.95
----------------------------------------------------------------
CS11-005    Cobalt           90.53      6.10      2.03     12.38
----------------------------------------------------------------
CS11-007    Cobalt          104.24      6.10      4.38     26.70
----------------------------------------------------------------
KI12-006    Gold Point      120.00     12.00      2.43     29.16
----------------------------------------------------------------
KI12-006    Gold Point      163.50     12.00      3.99     47.88
----------------------------------------------------------------
KI12-008    Cobalt           57.00      9.00      2.05     18.46
----------------------------------------------------------------
KI12-008    Cobalt           73.50     18.00      1.36     24.50
----------------------------------------------------------------
KI12-009    Cobalt           68.00      9.03      1.00      9.03
----------------------------------------------------------------
KI12-012    Amundsen        170.00     12.02      2.33     28.01
----------------------------------------------------------------
(x)KI13-012 North Snake      24.00      6.00      1.33      7.96
----------------------------------------------------------------
Criteria: 0.5 g/t Au cut-off, greater than 1 g/t Au composite
average, 4 m internal dilution, apparent thickness
----------------------------------------------------------------


Table 3: 2013 drill collar coordinates

---------------------------------------------------------------------------
                                                                      Total
                                                                      Depth
Hole ID    Easting(1)  Northing(1)  Elevation (m)   Azimuth   Dip        (m)
---------------------------------------------------------------------------
KI13-001   425843.8    6699965.8           329.5     243.06   140    243.06
---------------------------------------------------------------------------
KI13-002   425762.5    6699905.4           327.8     273.41   146    273.41
---------------------------------------------------------------------------
KI13-003   425898.7    6699898.2          331.35     276.45   140    276.45
---------------------------------------------------------------------------
KI13-004   426017.1    6700038.1          328.23     268.48   230    268.48
---------------------------------------------------------------------------
KI13-005   425896.8    6699681.2          317.56      203.3   230     203.3
---------------------------------------------------------------------------
KI13-006   425901.7    6702116.2          301.63     197.21    90    197.21
---------------------------------------------------------------------------
KI13-007   425580.1    6699878.7          324.63     236.83   140    236.83
---------------------------------------------------------------------------
KI13-008   425955.8    6702223            303.13     194.16    90    194.16
---------------------------------------------------------------------------
KI13-009   425916.5    6700094.4          337.02     233.78   140    233.78
---------------------------------------------------------------------------
KI13-010   425979.6    6702274.3          307.04     188.22    90    188.22
---------------------------------------------------------------------------
KI13-011   425779.6    6700007.2          333.85     208.79   141    208.79
---------------------------------------------------------------------------
KI13-012   426232.1    6701370.1          307.21     154.53    90    154.53
---------------------------------------------------------------------------
KI13-013   425891.8    6699960.6          325.19     215.49   320    215.49
---------------------------------------------------------------------------
KI13-014   426179.9    6701328.6             309      209.4    90     209.4
---------------------------------------------------------------------------
KI13-015   425912.2    6699993.9         329.325      279.2   140     279.2
---------------------------------------------------------------------------
KI13-016   412829.1    6692824.9          335.17     185.01   140    185.01
---------------------------------------------------------------------------
KI13-017   425853.8    6699898.3           326.6     230.73   270    230.73
---------------------------------------------------------------------------
KI13-018   412829.1    6692824.9          335.17     185.01   140    185.01
---------------------------------------------------------------------------
KI13-019   425845      6703228.6          319.95     224.64   140    224.64
---------------------------------------------------------------------------
KI13-020   426648.8    6703122.6           307.3     218.54    90    218.54
---------------------------------------------------------------------------
(1) Coordinate System: UTM NAD 83, Zone 14N                                
---------------------------------------------------------------------------



Note: To view Figures 1, 2 and 3 associated with this release, please click the
following link: http://media3.marketwire.com/docs/ppg0509.pdf.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Prosperity Goldfields Corp.
Dwane Brosseau
Investor Relations
Toll Free: 1 855 237 6274 or Direct: 604 662 3380
info@prosperitygoldfields.com
www.prosperitygoldfields.com


Frontline Communications
Leo Karabelas
Mobile: 416 543 3120