202615 releases
Prospect Ridge Announces C$1.5 Million Non-Brokered Private Placement Of Critical Metals Flow-Through Units
A non-brokered private placement of up to 20,000,000 critical metals flow-through units at C$0.075 per unit for gross proceeds of up to C$1,500,000 has been launched. Each unit includes one flow-through share and one-half warrant exercisable at $0.10 for two years, subject to accelerated expiry if shares trade at $0.21 or more for ten consecutive trading days. Proceeds will mainly fund a 2,500 metre drill program at the Camelot project near Horsefly, B.C., and preparations for a spring drill program at Excalibur north of Smithers, B.C.
FinancingProspect Ridge Stakes Additional Targets At Excalibur Following Successful Initial Drill Program
A staking application covering an additional 385.6 hectares adjoining the 100%-owned Excalibur copper-gold porphyry project in British Columbia has been submitted to the BC Ministry of Mining and Critical Metals, targeting magnetic anomalies identified through reprocessed airborne magnetic data. The first-ever drill program at Excalibur, completed in July and August 2026, comprised two holes to 515 and 464 metres; hole EXC26-001 intersected 515 metres of variably intense hydrothermal alteration and pyrite-dominant disseminated sulphide mineralization. Assays submitted to ALS in mid-August remain outstanding.
CorporateFirst-Ever Drill Hole At Excalibur Intersects Long Intervals Of Alteration And Sulphide Mineralization Consistent With A New Porphyry System
The first two drill holes at the 100%-owned Excalibur copper-gold porphyry project in British Columbia's Babine belt were completed to 515 and 464 metres in July and August, before the program was paused. Hole EXC26-001 intersected 515 metres of variably intense hydrothermal alteration and pyrite-dominant disseminated mineralization with minor chalcopyrite and molybdenite; EXC26-002, collared 948 metres north-east, showed silicification and patchy potassic alteration. Assays from ALS Minerals are outstanding. The Company also granted 400,000 options at $0.15 to a director.
Drill resultsProspect Ridge Resources Corp. is pleased to announce the appointment of Mr. Ellis Martin to its Board of Directors, effective immediately.
Ellis Martin has been appointed to the Board of Directors of Prospect Ridge Resources Corp. (CSE: PRR), effective immediately, as an independent director. Martin, founder and host of The Ellis Martin Report, will also conduct promotional activities for the Company through Martin City Studios, LLC of Albuquerque, NM, starting on or about September 1, 2026 for a six-month trial period, for a fee of US$50,000. The Martin City Studios agreement is subject to Canadian Securities Exchange approval.
ManagementProspect Ridge Aims For Discovery: Drilling Begins At The Excalibur Copper-Gold Porphyry Target
Drilling began July 12, 2026 at the 100%-owned Excalibur copper-gold porphyry project in British Columbia's Babine porphyry district, targeting three to four collars over an initial ~1,500 metre program, with a further 1,500 metres of success-based drilling available in 2026. The 28 km² property is undrilled and hosts a 2 km² coincident chargeability, magnetic and multi-element soil anomaly. Prospect Ridge says it is funded and permitted for this phase, with drilling also planned at Camelot in Q3.
Drill resultsProspect Ridge Awarded Excalibur Drill Permit – Maiden Drill Program Planned For July 2026
A five-year multi-year area based drilling permit and ancillary permits have been granted for the 100%-owned Excalibur copper-gold porphyry project, a 28 km² tenure in British Columbia's Babine porphyry belt. An initial ~3,000 metre maiden drill program targeting multiple collars is anticipated to begin in July 2026, subject to drill contract finalization, testing a never-drilled 1 km x 2 km geophysical and geochemical target. Drilling is also planned at the Camelot Project in 2026.
CorporateProspect Ridge Aligns With The Market Mindset For Exclusive Live Investor Interview Discussing Game-Changing 2026 Drill Programs
CEO Len Brownlie will appear in a live interview hosted by Andrew O'Donnell of The Market Mindset on Wednesday, June 24, 2026 at 12:00 PM ET / 9:00 AM PT, streamed on YouTube with a recording available at the same link afterward. Topics include the maiden drill program at the Excalibur copper/gold porphyry target, follow-up drilling at the Camelot copper/gold porphyry discovery, and geophysics and remote sensing at the Castle target to define 2027 drill targets.
CorporateProspect Ridge To Execute Aggressive 2026 Exploration Program
A 2026 exploration program is planned across three British Columbia copper-gold porphyry projects: an inaugural 3,000-metre drill program at the 28 km² Excalibur property in the Babine belt in early summer, pending imminent multi-year area-based permit approval, and a 2,000-metre follow-up program at the 26 km² Camelot project in Q2/Q3. At the 29 km² Castle project in the Toodoggone, hyperspectral mapping, grid rock sampling and a 3D IP survey will define targets for 2027 drilling. The company reports over $2.0 M in funding.
Drill resultsProspect Ridge Strengthens Technical Team With Appointment Of Phil Smerchanski As Senior Technical Advisor
Phil Smerchanski, M.Econ.Geol., P.Geo., has been appointed Senior Technical Advisor of Prospect Ridge Resources Corp., directing technical strategy across the Company's British Columbia properties, including 2026 drill targeting at the Camelot and Excalibur projects and drill target development at Castle. The Company also granted incentive stock options on up to 300,000 common shares to an advisor at $0.15 per share for five years, vesting 20% on grant and 20% every three months. A live investor webinar is scheduled for March 26, 2026 at 4 PM ET.
ManagementProspect Ridge Announces Closing Of Flow-Through Share Private Placement
A non-brokered flow-through private placement closed with 5,000,000 flow-through shares issued at $0.09 for gross proceeds of $450,000 to a Canadian flow-through fund. Finder fees of $31,500 cash and 350,000 warrants exercisable at $0.15 for two years were paid, subject to accelerated expiry if shares trade at $0.25 or more for ten consecutive trading days; the hold period expires July 19, 2026. Proceeds are earmarked for 2026 drill programs at the Excalibur, Castle and Camelot projects in British Columbia.
FinancingProspect Ridge Completes Earn In Of 100% Ownership Of Camelot Copper-Gold Porphyry Project And Readies 2026 Exploration Plan
A 100% interest in the Camelot Copper-Gold Porphyry Project in British Columbia has been earned in from Orogen Royalties Inc. through a final payment, effective March 2, 2026, of 2,303,121 common shares valued at $175,000 based on the preceding 10-day VWAP on the CSE. Prospect Ridge also announced a non-brokered flow-through private placement of up to $450,000, comprising up to 5,000,000 critical mineral flow-through shares at $0.09 per share, for work on Excalibur, Castle and Camelot. 2026 exploration plans, including drilling, will be announced within six weeks.
AcquisitionProspect Ridge Confirms Discovery Of Copper-Gold Porphyry With Final Drill Results From 100% Owned Camelot Copper-Gold Project In B.C.’S Cariboo Mining District
Final assays from the 2,034 m, ten-hole (CAM25-001 to CAM25-010) maiden drill program at the 100%-owned Camelot copper-gold project in B.C.'s Cariboo Mining District, testing a ~1.7 km geochemical-geophysical trend, returned 0.07 g/t Au and 0.08% Cu over 156.6 m from 23.4 m in CAM25-009, with other holes returning weaker intercepts such as 0.13 g/t Au and 0.06% Cu over 12.0 m in CAM25-007. Infill sampling of historical hole LL-22-01 returned 0.07 g/t Au and 0.06% Cu over 153 m from 5 m. The company describes the results as a copper-gold alkalic porphyry discovery and plans a follow-up program in 2026.
Drill resultsExcalibur IP Survey Results Confirm High Priority Copper Gold Drill Targets
Final 2D inversions from a 26.3 line-kilometre induced polarization survey over six east-west lines at the Excalibur copper-gold porphyry project, ~70 km north-northeast of Smithers, British Columbia, defined a geophysical target measuring roughly 1 km by 2 km with coincident chargeability, resistivity and magnetic responses overlapping copper-in-soil anomalies. The 13-claim, 27.71 km2 property has never been drilled. Prospect Ridge plans to finalize collar locations for a minimum 2,000 metre diamond drill program that could begin as early as June 2026, pending a drill permit applied for on November 30, 2025.
Drill resultsProspect Ridge Drilling Discovers Copper-Gold Mineral System At 100% Owned Camelot Project In B.C.’S Cariboo Mining District
Hole CAM25-009 at the 100% owned Camelot copper-gold project in British Columbia's Cariboo Mining District returned 0.1 g/t Au and 0.1% Cu over 156.6 metres from 23.4 metres depth, including 7.5 metres of 0.2 g/t Au and 0.3% Cu. The 2025 fall program drilled 2,034 m in ten holes from eight pads over 21 days, testing a 1.7 km geochemical and geophysical trend on the Echo target. Assays for the remaining nine holes and historical hole LL22-001 are pending.
Drill resultsProspect Ridge Resources Corp. is pleased to provide an overview of its pivotal 2025 corporate and exploration accomplishments
A 2025 review outlines four exploration programs across five British Columbia projects on a budget of roughly $2 million, including a 26 line-kilometre IP survey and soil sampling at Excalibur, IP, mapping and a 500 line-kilometre airborne magnetic survey at Castle, and a 2,034-metre, 10-hole diamond drill program at Camelot with assays pending. The company raised $2.43 million in flow-through financing and plans a maiden Excalibur drill program from June 2026, Castle drilling in late July to late August and Camelot follow-up in September, subject to permits.
Corporate
202520 releases
Prospect Ridge Announces Closing Of Flow-Through Unit Private Placement
A non-brokered flow-through private placement closed for gross proceeds of $800,500 through the issue of 8,894,444 flow-through units at $0.09, each unit comprising one flow-through common share and one-half warrant exercisable at $0.15 for two years, subject to accelerated expiry if shares trade at $0.25 or more for ten consecutive trading days. Finder fees of $53,200 cash and 591,111 finder warrants were paid; insiders bought 240,000 units ($21,600). Proceeds are for 2026 drill programs at the Excalibur, Castle and Camelot projects in British Columbia.
FinancingProspect Ridge Updates Diamond Drill Program At 100% Owned Camelot Copper-Gold Project In B.C.’S Cariboo Mining District
Visual observations and portable XRF results were reported for the final four holes (CAM25-007 to CAM25-010), comprising 903 metres, of a ten-hole, 2,010 m diamond drill program at the 100% owned Camelot copper-gold project in B.C.'s Cariboo Mining District. Disseminated pyrite and chalcopyrite were confirmed in all four holes, with the highest chalcopyrite in CAM25-009 coinciding with a chargeability anomaly. Core from CAM25-007 and CAM25-009 was sent for rush assay, with results expected late December.
Drill resultsProspect Ridge Announces Non-Brokered Private Placement
A non-brokered private placement of up to $800,000 via up to 8,888,889 critical mineral flow-through units at $0.09 per unit was announced. Each unit comprises one flow-through common share and one-half warrant, each whole warrant exercisable at $0.15 for two years, with accelerated expiry if shares trade at $0.25 or more for ten consecutive days. Proceeds will fund Canadian exploration expenses on 2026 drill programs at the Excalibur, Castle and Camelot projects in British Columbia.
FinancingProspect Ridge Detects Copper Mineralization In Four Of First Six Diamond Drill Holes At 100% Owned Camelot Copper-Gold Project In B.C.’S Cariboo Mining District
Visual observations and portable XRF results from the first six holes (CAM25-001 to 006, 1,065 m) of a ten-hole, approximately 2,000 m diamond drill program at the 100% owned Camelot copper-gold project in B.C.'s Cariboo Mining District confirmed disseminated pyrite and chalcopyrite over 75 to 120 m of core in four holes. Drilling began October 31 and targeted a 1.7 km chargeability-magnetic trend. Core from CAM25-001 and CAM25-006 was sent for rush assay, with results expected in late December; the final four holes were modified.
Drill resultsProspect Ridge To Launch 2,000 Metre Diamond Drill Program At 100% Owned Camelot Copper-Gold Project In B.C.’S Cariboo Mining District
A 2,000 metre, ten-hole diamond drill program will begin November 1, 2025 at the 100%-owned Camelot copper-gold porphyry project, a 2,646-hectare property about 65 km east of Williams Lake in B.C.'s Cariboo Mining District. Targets include a 1,700 m x 500 m coincident chargeability-magnetic anomaly; a historic 1974 hole, PDH74-L04, intersected 0.25% copper over 21.3 metres. Ten high-priority and ten lower-priority collars have been defined, Dorado Drilling is contracted, permits are in place and treasury exceeds $2.8M.
Drill resultsProspect Ridge Announces First Tranche Closing Of Flow-Through Unit Private Placement
The first tranche of a non-brokered flow-through private placement announced October 17, 2025 has closed, with 10,783,334 flow-through units issued at $0.12 for gross proceeds of $1,294,000.08; finders received $85,400 cash and 711,667 warrants exercisable at $0.18, and the securities are subject to a hold period expiring February 28, 2026. Insiders bought 41,667 units ($5,000). Proceeds will fund Canadian exploration expenses in British Columbia, mainly a 2,000 metre drill program at the Camelot project near Horsefly, B.C. The company also confirmed 1,300,000 stock options were granted.
FinancingProspect Ridge Announces Formation Of Technical Advisory Committee And Granting Of Share Purchase Options
A technical advisory committee has been formed at Prospect Ridge Resources, comprising Henry Awmack, David Caulfield, Mark Baknes, Michael Michaud and John McVey, to support the company's British Columbia exploration. The company also granted incentive stock options on up to 1,200,000 common shares to directors, officers, consultants and advisors at an exercise price of $0.15 per share for five years. A recording of the October 16, 2025 town hall is available on the company website.
AcquisitionProspect Ridge Announces Non-Brokered Private Placement
A non-brokered private placement of up to $3,000,000 has been launched through the issue of up to 25,000,000 critical mineral flow-through units at $0.12 per unit, each unit comprising one flow-through common share and one-half warrant exercisable at $0.18 for two years, with accelerated expiry if shares trade at $0.35 or more for ten consecutive trading days. Proceeds will fund Canadian exploration expenses in British Columbia, mainly the recently announced 2,000 metre drill program at the Camelot project near Horsefly, B.C. Closing is subject to CSE acceptance, with a four month and one day hold period.
FinancingProspect Ridge Announces Board Changes
Management