1. searched for mineral deposits or oil by examining or drilling the ground
Usage: mining; geology
2. searched for or explored something with the hope of finding success or opportunity

Examples

• The miners prospected for gold in the mountains for months.
• They prospected the area thoroughly before setting up the drilling equipment.
• He prospected for oil in several locations across the state.
• The company prospected new markets in Asia.
• Early settlers prospected the valley for precious metals.
• The team prospected potential business opportunities overseas.