Welcome to our dedicated page for Prospect Ridge news (Ticker: PRRSF), a resource for investors and traders seeking the latest updates and insights on Prospect Ridge stock.
Prospect Ridge Resources Corp. (CSE: PRR, OTCQB: PRRSF, FRA: OED) generates news primarily through its exploration and financing activities in British Columbia. As an exploration and development company focused on critical metals and gold, its updates center on copper-gold porphyry projects in the Golden Horseshoe and Cariboo regions of north-central British Columbia.
News coverage for Prospect Ridge often includes announcements about diamond drill programs, visual core observations, and portable X-ray fluorescence (pXRF) results from its 100% owned Camelot copper-gold project in the Cariboo Mining District. Releases describe drilling progress, geological interpretations, and the relationship between chargeability, magnetic anomalies, and pyrite-chalcopyrite mineralization under an alkalic porphyry model.
Investors can also expect frequent updates on project-level milestones at the Excalibur and Castle copper-gold porphyry projects, including soil sampling, induced polarization (IP) surveys, airborne magnetic surveys, and the definition of drill targets. Corporate news items highlight option agreements to earn project interests, formation of a technical advisory committee, and exclusive exploration arrangements with Equity Exploration Consultants Ltd.
Another recurring theme in Prospect Ridge news is financing activity. The company reports non-brokered flow-through private placements and critical mineral flow-through financings, detailing unit terms, use of proceeds, and allocation of funds to drill programs at Camelot, Excalibur, and Castle. These releases often include explanations of how proceeds will be applied to eligible Canadian exploration expenses.
For readers following PRRSF, the news stream provides insight into exploration results, technical interpretations, and funding that shape the company’s progress on its copper-gold and critical metals projects in British Columbia.
Prospect Ridge Resources (CSE:PRR / OTCQB:PRRSF) received final 2D inversions from a 26.3 line-km induced polarization (IP) survey at its 100%* owned Excalibur copper-gold project in British Columbia (27.71 km2 claims). The survey defined a ~1 km x 2 km geophysical target with coincident chargeability, resistivity and magnetic responses that overlaps copper, gold and molybdenum soil anomalies. Management plans a minimum 2,000 metre diamond drill program as early as June 2026, pending weather and receipt of a drill permit applied for on Nov 30, 2025. Option terms total $159,000 cash, 920,000 shares and a 1.5% NSR (buydown to 0.6% for $400,000).
Prospect Ridge Resources (CSE:PRR / OTCQB:PRRSF) reported assay results from drill hole CAM25-009 at its 100% owned Camelot copper-gold project, Cariboo, BC (Jan 22, 2026). The hole returned a 156.6 m interval from 23.4–180.0 m averaging 0.06 g/t Au and 0.08% Cu, with higher subintervals including 7.5 m @ 0.24 g/t Au and 0.32% Cu, and a 1.0 m sample at 1.77 g/t Au and 1.28% Cu. Mineralization is associated with chalcopyrite, epidote + K-feldspar alteration and widespread pyrite. Company interprets an alkalic porphyry system with a large geophysical footprint and will prioritize high chargeability shoulders for deeper follow-up drilling in 2026. Assays for nine other holes are pending.
Prospect Ridge (OTCQB:PRRSF) reported a transformational 2025 and says it is funded and drill-ready for 2026. The company raised $2.43 million in flow-through financing, built a portfolio of three drill-ready copper-gold porphyry projects (Castle 29.14 km2, Excalibur 27.7 km2, Camelot 26.46 km2), completed a 2,034-metre, 10-hole diamond drill program at Camelot with visual Cu indicators (assays pending), and ran multiple IP and airborne surveys to refine targets. Drill permitting is underway and the company plans a maiden Excalibur program in June 2026, Castle drilling in late July–August, and Camelot follow-up in September, subject to permits and weather.
Prospect Ridge (CSE:PRR / OTCQB:PRRSF) closed a non-brokered $0.09 flow-through unit private placement on December 29, 2025, issuing 8,894,444 flow-through units for $800,500 gross proceeds.
Each unit includes one flow-through common share and one-half warrant; whole warrants exercisable at $0.15 for two years with accelerated expiry if shares trade at $0.25 for ten consecutive trading days. Finder fees of $53,200 cash and 591,111 finder warrants were paid. Securities are subject to hold period until April 30, 2026.
Insiders subscribed for 240,000 units (~2.70% of the placement), representing ~0.23% of issued common shares on closing (0.34% including warrants). Proceeds are intended for 2026 drill programs at Excalibur, Castle and Camelot projects in British Columbia.
Prospect Ridge (OTC:PRRSF) completed a 2,010 m, ten-hole diamond drill program at the 100% owned Camelot copper-gold project in British Columbia on December 22, 2025.
The company reports visual core observations and portable XRF (pXRF) detection of copper, with disseminated pyrite and chalcopyrite confirmed in holes CAM25-007 to CAM25-010. Four final holes totalled 903 m from three sites along a 1.7 km trend; CAM25-010 reached 301 m while several holes were stopped near ~200 m. Rush assay samples from CAM25-007 and CAM25-009 were submitted with results expected late December; true widths remain unknown and pXRF is presented as qualitative screening.
Prospect Ridge (OTCQB:PRRSF / CSE:PRR) announced a non-brokered private placement of up to $800,000 by issuing up to 8,888,889 critical mineral flow-through units at $0.09 per Unit on December 12, 2025.
Each Unit includes one flow-through share and one-half warrant; each whole warrant is exercisable at $0.15 for two years and is subject to accelerated expiry if shares trade at $0.25 for ten consecutive trading days. Proceeds are intended for 2026 drill programs on Excalibur, Castle and Camelot projects in British Columbia. Closing is subject to Exchange acceptance and a statutory hold period of four months plus one day.
Prospect Ridge (OTCQB:PRRSF) closed the third and final tranche of a non‑brokered C$0.12 flow‑through unit private placement on December 5, 2025, issuing 416,667 FT Units for gross proceeds of C$50,000.
Over three tranches the company issued 13,606,668 FT Units for aggregate gross proceeds of C$1,632,800.16. Each FT Unit comprises one flow‑through common share and one‑half of one warrant; each whole warrant allows purchase of one common share at C$0.18 for two years, subject to accelerated expiry if shares trade at C$0.35 or more for ten consecutive trading days. Securities from the third tranche are subject to a statutory hold until April 4, 2026.
The company said insiders purchased 963,333 FT Units (about 1% of issued shares; 1.47% if related warrants exercised). Use of proceeds: approximately 50% to a 2,000‑metre drill program at the Camelot project, remainder to Excalibur and Castle projects. No finder fees were paid.
Prospect Ridge (OTCQB:PRRSF) reported visual and portable XRF observations from the first six holes (1,065 m) of a planned ~2,000 m, 10-hole diamond program at the 100% owned Camelot copper-gold project in B.C.'s Cariboo district on December 4, 2025.
Key findings: chalcopyrite and disseminated pyrite identified in four of six holes (CAM25-001, -002, -005, -006), with copper detected by pXRF over ~75–120 m intervals in those holes. Samples from CAM25-001 and CAM25-006 were sent for rush assays expected in late December. True widths are unknown; pXRF results are qualitative pending laboratory assays.
Prospect Ridge Resources (CSE:PRR / OTCQB:PRRSF) closed the second tranche of its non‑brokered $0.12 flow‑through unit private placement on November 13, 2025, issuing 2,406,667 flow‑through units for gross proceeds of $288,800.04. The company paid $4,102.21 in cash and issued 34,183 finder warrants exercisable at $0.18. Securities are subject to a statutory hold until March 14, 2026. Insiders bought 963,333 units (≈40.03% of this tranche), equal to ≈0.99% of then‑outstanding common shares and ≈1.48% if warrants are exercised. The company said proceeds will fund Canadian exploration expenses, chiefly a 2,000‑metre drill program at the Camelot project near Horsefly, B.C., and closing remains subject to exchange acceptance and customary conditions.
Prospect Ridge (OTC:PRRSF) will begin a 2,000 metre diamond drill program at its 100% owned Camelot copper-gold project in British Columbia on November 1, 2025. The 2,646-hectare property lies ~65 km east of Williams Lake in the Quesnel Terrane. The company identified a 1,700 m x 500 m coincident chargeability-magnetic anomaly and defined 10 high-priority and 10 lower-priority drill collar locations for a ten-hole program. Prospect Ridge reports $2.8M in treasury, all permits in place, and has contracted Dorado Drilling to execute the program.