Key facts
| Company | Prospect Ridge Resources Corp. (CSE: PRR) |
|---|---|
| Commodity | Copper |
| Location | Canada |
| Stage | Early exploration |
About The Excalibur Property
The road-accessible Excalibur property consists of 13 contiguous mineral claims covering 27.71 km2 that are located 70 km NNE of Smithers and 55 km NE of Hazelton, B.C. On the Excalibur property, suspected Bulkley and Babine intrusions cut Cretaceous stratified rocks (Skeena Group clastics to the west and Kasalka Group andesites to the east).
News releases7 on file
Prospect 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 51
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
Drill resultsProspect 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. Prosp
Drill resultsProspect 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. P
FinancingExcalibur 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 ha
Drill resultsProspect 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 warr
FinancingProspect 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 o
Financing