Smidgen means a small amount of something.
noun , informal
a small amount : bit <a smidgen of salt> <a smidgen of common sense>
Prospect, it means: potential things that may come to pass, often favorable, or to search for something, like gold.
An example sentence using prospect as a noun is: The result, therefore, of this physical inquiry is, that we find no vestige of a beginning,— no prospect of an end.
An example sentence using prospect as a verb is: During the gold rush in California, many people prospected for gold by panning in the river.
