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. (PRRSF) provides investors with comprehensive access to its latest corporate developments and mineral exploration updates. This centralized news hub tracks all material announcements from the British Columbia-based explorer, focused on discovering gold, silver, and copper deposits in underexplored regions.
Users will find timely updates on drilling campaigns, geochemical sampling results, and strategic property acquisitions. The page serves as an essential resource for monitoring exploration progress at key sites including the Knauss Creek project and Holy Grail property, where systematic surface sampling and technical analysis drive discovery efforts.
Content includes earnings reports, partnership announcements, and technical disclosures that meet regulatory disclosure standards. Regular updates provide insights into the company's phased exploration approach and geological interpretations while maintaining strict compliance with financial reporting requirements.
Bookmark this page for direct access to verified PRRSF developments. Investors and analysts can efficiently track exploration milestones and corporate news through this maintained repository of official communications.
Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced on March 3, 2023, the granting of 900,000 stock options to directors and consultants, exercisable at a price of
Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) has announced the granting of 2,225,000 stock options to directors, officers, and consultants at an exercise price of $0.20 for a five-year period. This move aims to incentivize key team members as the company continues its gold exploration initiatives, particularly focusing on the Knauss Creek and Holy Grail properties in British Columbia, which are considered to have significant potential in the Golden Triangle region.
Management emphasizes that these stock options align with their strategic goals and the expected positive exploration outcomes.
On February 8, 2023, Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced the acquisition of 100% of the Holy Grail property, located 10 km northeast of Terrace, BC. This strategic purchase expands the company's control to 730 square kilometers in the region, enhancing exploration flexibility. The Net Smelter Royalties (NSR) on the property have been adjusted; Loan Wolf Exploration Ltd. and Knauss Creek Mines Ltd. both hold 1.5% NSRs, with options for 1% purchases at $1 million. Furthermore, Jasmine Lau has been appointed as the new CFO, bringing extensive experience in the resource sector.
On January 26, 2023, Prospect Ridge Resources Corp. announced encouraging results from its Knauss Creek property, located 35 km northeast of Terrace, BC. Grab samples showed significant mineralization, with highlights including:
- 69.3 g/t Au, 331 g/t Ag, 5.78% Cu from sample C363284 (Copper Ridge).
- 2.8 g/t Au, 974 g/t Ag, 33.3% Pb from sample C363277 (Hugin).
The results indicate a promising gold-silver anomaly over a 60 m length at the Hugin showing. The company is optimistic about further exploration, aiming to reveal more potential in the underexplored region of British Columbia.
Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) has successfully completed its earn-in of a 100% interest in the Knauss Creek property, located northeast of Terrace, BC. The company incurred all $1M of exploration expenditures required within the first year of the agreement and issued 700,000 shares accordingly. Knauss Creek covers approximately 3190 hectares, containing notable showings like the Dorreen Mine and Jay Veins. Prospect Ridge is currently compiling results from its recent exploration efforts.
Prospect Ridge Resources Corp. has initiated drilling at its Knauss Creek property, located 10 km north of Terrace, BC. This project aims to explore the Jay veins and the historic Dorreen zone, a former high-grade gold mine. Drilling commenced last week, with operations running 24/7 to collect core samples. CEO Michael Iverson and President Yan Ducharme oversee the process, ensuring a steady flow of samples for analysis. The Knauss Creek and Holy Grail properties cover 730 square kilometers and are significant due to their historical gold occurrences.
Prospect Ridge Resources Corp. (CSE: PRR; OTC: PRRSF) has received drilling permits for its Knauss Creek and Holy Grail properties in British Columbia. Following a successful 2021 field season yielding high-grade gold, silver, copper, lead, and zinc results, the company has prioritized drill targets, including the historical Dorreen gold mine. Drilling is set to commence immediately with 24-hour operations planned. The properties cover 730 square kilometers and are strategically located near high-potential geological formations.
Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced the appointment of Yan Ducharme as President and Nicholas Luksha as Executive Vice President, effective June 6, 2022. The company has commenced its 2022 field operations, focusing on the Holy Grail and Knauss Creek properties in British Columbia. Crews are executing an aggressive sampling program to identify high-grade gold, silver, and other metal targets, with drilling expected to start this summer. Ducharme brings over 25 years of exploration experience, enhancing the company's leadership and operational capabilities.
Prospect Ridge Resources Corp. has appointed Dr. Allen Alper and Bradley Scharfe as Directors, alongside Tom Morgan as Lead Prospector. Dr. Alper brings over 40 years of mining experience and a strong background in mergers and acquisitions, while Scharfe has extensive expertise in financing and management. Tom Morgan, a recognized prospector, enhances the team’s field capabilities. CEO Michael Iverson expressed confidence in their ability to unlock potential gold resources at the Knauss Creek and Holy Grail properties, indicating that 2022 aims to be a record year for the company.
Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) is set for a promising 2022 following a successful 2021, where they made significant acquisitions and identified multiple gold and silver zones. The company is preparing for drilling, pending permits, and is excited about the potential of their Holy Grail and Knauss Creek properties. With $5.2 million in the bank and a history of high-grade samples, they aim to capitalize on their current position. Results from approximately 50% of assays are still awaited, which could further impact the company's prospects.
FAQ
What is the current stock price of Prospect Ridge (PRRSF)?
What is the market cap of Prospect Ridge (PRRSF)?
