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Prospect Ridge Resources Corp. reports developments tied to its British Columbia mineral exploration portfolio, with a focus on critical metals and gold. Company updates center on copper-gold porphyry targets in the Golden Horseshoe and Cariboo regions of north-central British Columbia, including work at the 100% owned Camelot copper-gold project and exploration planning for Excalibur and Castle.
Recurring news themes include drill results, assay interpretation, geochemical and geophysical targeting, technical advisory appointments, flow-through share financings, board changes, and investor presentations. The company’s disclosures also describe exploration partnerships and technical work intended to advance drill targets across its project portfolio.
Prospect Ridge Resources (PRRSF) reports visual results from its first-ever two drill holes at the 100% owned Excalibur copper‑gold porphyry project from the 2026 maiden campaign.
The Phase 1 program tested two high‑priority magnetic and chargeability targets defined by a 2025 ground geophysical survey and copper‑gold soil anomalies, drilling holes EXC26‑001 and EXC26‑002 to 515 m and 464 m, respectively. EXC26‑001 intersected 515 m of variably intense hydrothermal alteration and pyrite‑dominant disseminated sulphide mineralization in felsic intrusive and intermediate volcanic rocks, interpreted as consistent with a porphyry system*. EXC26‑002, collared 948 m to the northeast, showed structurally controlled silicification over roughly 70 m and localized potassic alteration over a combined 225 m with trace pyrite‑dominant sulphides and rare chalcopyrite, galena and sphalerite*.
All core was sampled and sent to ALS Minerals for assays, which remain pending, and drill casings were left in place for potential deepening. The company also granted 400,000 stock options at $0.15 per share for five years to a director providing investor relations services.
Prospect Ridge Resources (CSE:PRR, OTC:PRRSF) has appointed veteran broadcaster and strategic communications professional Ellis Martin to its Board of Directors, effective immediately. Martin has over 28 years of experience serving natural resources and mining companies and is founder and host of the globally distributed Ellis Martin Report.
According to Prospect Ridge, Martin brings an extensive mining and investment network and capital-markets communications expertise, and will help guide market outreach as the company advances its critical metals and gold exploration projects in British Columbia. Through Martin City Studios, he will also conduct six months of promotional activities, including audio interviews and distributed materials, for a fee of US$50,000, with production and primary distribution costs included. This agreement is subject to Canadian Securities Exchange approval.
Prospect Ridge Resources (OTCQB:PRRSF, CSE:PRR) has begun the first-ever drill program at its 100%-owned Excalibur copper-gold porphyry target in British Columbia’s Babine porphyry district. Drilling started on July 12, 2026, testing a previously undrilled, soil-covered, 2 km2 geophysical and geochemical anomaly.
The initial program plans ~1,500 metres of drilling from three to four collar locations, with a further 1,500 metres of success-based drilling available in 2026. According to Prospect Ridge, IP and magnetic surveys, multi-element soil geochemistry and pyrite-mineralized outcrops support a compelling buried porphyry-style target across a 28 km2 property.
Prospect Ridge Resources (OTCQB:PRRSF) obtained a five-year multi-year area based drilling permit and ancillary permits for its 100% owned Excalibur copper-gold porphyry project in British Columbia’s Babine belt.
The company plans a maiden ~3,000 metre drill program from multiple collars, anticipated to start in July 2026, to test a never-drilled 1 km x 2 km geophysical and geochemical target.
Prospect Ridge Resources (OTCQB:PRRSF) will join an exclusive live investor interview hosted by The Market Mindset on June 24, 2026, at 12:00 PM ET.
CEO Len Brownlie will discuss 2026 drill programs at Excalibur, Camelot, Castle, and the company’s broader copper-gold exploration strategy.
Prospect Ridge Resources (OTCQB:PRRSF) outlined an aggressive 2026 exploration program across its Excalibur, Camelot and Castle copper-gold porphyry projects in British Columbia.
Plans include 3,000 m of inaugural drilling at Excalibur, 2,000 m of follow-up drilling at Camelot, and advanced targeting work at Castle, funded by over $2.0M.
Prospect Ridge (CSE:PRR / OTCQB:PRRSF) announced that board member Brad Scharfe resigned effective May 7, 2026, after four years of service.
The company thanked Mr. Scharfe for his contributions and leadership and wished him success as he pursues other business interests.
Prospect Ridge Resources (CSE:PRR / OTCQB:PRRSF) appointed Phil Smerchanski as Senior Technical Advisor to lead technical strategy and drill-target development across its BC porphyry portfolio.
The company invited investors to a March 26, 2026 webinar reviewing 2026 plans including maiden Excalibur drilling and follow-up Camelot drilling. The company also granted 300,000 stock options at $0.15 with 12-month full vesting.
Prospect Ridge Resources (OTCQB:PRRSF) will host a live investor webinar on March 26, 2026 at 4:00 PM ET / 1:00 PM PT featuring CEO Len Brownlie and Chairman Mike Iverson. The presentation covers 2026 exploration plans, including a maiden drill program at Excalibur and follow-up drilling at Camelot.
The webinar is hosted by Radius Research (Market Radius Capital) and will include live audience Q&A; a recording will be available after the event.
Prospect Ridge Resources (OTC:PRRSF) closed a non-brokered flow-through private placement on March 18, 2026, issuing 5,000,000 FT shares at $0.09 for gross proceeds of $450,000.
The company paid $31,500 in finder fees and issued 350,000 warrants exercisable at $0.15 for two years, with accelerated expiry if the stock trades at $0.25 for ten consecutive trading days. Funds are earmarked for 2026 drill programs at Excalibur, Castle and Camelot to incur Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures.