Prospect Ridge Stock Price, News & Analysis

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.

Prospect Ridge (CSE:PRR / OTCQB:PRRSF) closed the first tranche of a non-brokered flow-through private placement on October 27, 2025, issuing 10,783,334 flow-through units for gross proceeds of $1,294,000.08. The company paid $85,400 cash and issued 711,667 finder warrants exercisable at $0.18. Insiders purchased 41,667 units ($5,000), ~0.39% of units in the tranche; related party exemptions under MI 61-101 were relied upon. Proceeds are intended to fund eligible Canadian exploration expenditures, primarily a 2,000 metre drill program at the Camelot project near Horsefly, British Columbia. Securities issued are subject to a statutory hold until February 28, 2026.

Prospect Ridge (CSE:PRR / OTCQB:PRRSF) announced the formation of a Technical Advisory Committee to support accelerated British Columbia exploration and named industry veterans including Henry Awmack, David Caulfield, Mark Baknes, Michael Michaud and John McVey.

The company also granted 1,200,000 incentive stock options to directors, officers, consultants and advisors at an exercise price of $0.15 per share exercisable for five years.

A recording of the October 16, 2025 town hall is now available on the company website and the company acknowledged the First Nations territories for its projects.

Prospect Ridge (CSE:PRR; OTCQB:PRRSF) announced a non-brokered private placement of up to $3,000,000 via up to 25,000,000 critical mineral flow-through units at $0.12 per Unit. Each Unit includes one flow-through share and one-half warrant; whole warrants exercisable at $0.18 for two years, with accelerated expiry if shares trade at $0.35 for ten consecutive days. Proceeds are intended to fund Canadian exploration expenses, primarily a 2,000 metre drill program on the Camelot project near Horsefly, B.C. Closing is subject to regulatory approvals and a four-month-plus-one-day hold period.

Prospect Ridge (OTC:PRRSF) announced its 2025 fall exploration program and an investor townhall on October 16, 2025. Key field work includes a planned ~2,000 m diamond drill program at the Camelot Project starting in late October 2025 targeting a ~1,700m x 500m chargeability/magnetic anomaly.

Other programs: a ~20 line-km IP survey at Excalibur (new western “Warlock” soil target: six of nine samples >150 ppm Cu); a 500 line-km airborne magnetic survey completed at Castle (Oct 1); and mapping/assays at Knauss Creek/Holy Grail including 63 assays received with 17 >100 ppm Cu, eight >1,000 ppm Cu and four >10,000 ppm Cu.

Prospect Ridge Resources (OTCQB:PRRSF) has completed the acquisition of a 100% interest in the Camelot copper-gold porphyry project from Orogen Royalties Inc. The initial payment consisted of 243,180 shares at $0.102804 per share ($25,000), with an additional $175,000 payment due within six months. The deal includes a 1% NSR royalty to Orogen with a 0.5% buydown option for $1 million.

The company has also provided updates on its exploration programs across multiple projects in British Columbia: Castle (completed ~7 line-km IP survey), Excalibur (planned 20 line-km IP survey), and Knauss Creek and Holy Grail projects (upcoming one-week prospecting program). Prospect Ridge plans to conduct a 2,000-metre drill program at Camelot this fall and aims for similar programs at Castle and Excalibur by summer 2026.

Prospect Ridge Resources (OTCQB:PRRSF) has acquired a 100% interest in the 2,646-hectare Camelot copper-gold porphyry project from Orogen Royalties in British Columbia's Cariboo Mining district. The project, located 65 kilometers east of Williams Lake, features a significant 1700m x 500m northeast-southwest composite chargeability-magnetic anomaly under shallow till cover that remains untested by drilling.

The property comes with permits for up to 255 Reverse Circulation and diamond drill holes. The project's potential is enhanced by its proximity to producing mines like Gibraltar and Mount Polley in the Quesnellia Terrane. Prospect Ridge plans to conduct an aggressive drill program in 2025 with exploration partner Equity Exploration Consultants.