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Prospect Ridge Forges Strategic Long-Term Partnership With Equity Exploration Consultants to Drive British Columbia Exploration Strategy

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Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF) has formed a strategic two-year partnership with Equity Exploration Consultants to manage exploration work on its Holy Grail (59,608 Ha) and Knauss Creek (2,944 Ha) projects in British Columbia. The partnership provides Prospect Ridge access to Equity's team of 30 geologists and expertise in managing 100,000 meters of drilling annually.

Equity Exploration, founded in 1987, brings specialized porphyry expertise from working on B.C.'s top copper-gold deposits. The company will conduct detailed reviews of prior exploration data, identify targets, and interpret findings using the latest technology. Field programs will commence after the alpine snow pack melts. The partnership extends to any new B.C. projects Prospect Ridge acquires.

Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF) ha instaurato una partnership strategica biennale con Equity Exploration Consultants per gestire le attività di esplorazione nei suoi progetti Holy Grail (59.608 Ha) e Knauss Creek (2.944 Ha) nella Columbia Britannica. Questa collaborazione offre a Prospect Ridge l'accesso al team di 30 geologi di Equity e alla loro esperienza nella gestione di 100.000 metri di perforazioni ogni anno.

Fondata nel 1987, Equity Exploration vanta una competenza specializzata nei depositi porfirici, maturata lavorando sui principali giacimenti di rame e oro della Columbia Britannica. L'azienda condurrà analisi approfondite dei dati di esplorazioni precedenti, individuerà nuovi obiettivi e interpreterà i risultati utilizzando le tecnologie più avanzate. I programmi sul campo inizieranno non appena si scioglierà la neve alpina. La partnership si estende anche a eventuali nuovi progetti in Columbia Britannica acquisiti da Prospect Ridge.

Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF) ha establecido una alianza estratégica de dos años con Equity Exploration Consultants para gestionar los trabajos de exploración en sus proyectos Holy Grail (59,608 Ha) y Knauss Creek (2,944 Ha) en Columbia Británica. La asociación brinda a Prospect Ridge acceso al equipo de 30 geólogos de Equity y a su experiencia en la gestión de 100,000 metros de perforación anualmente.

Fundada en 1987, Equity Exploration aporta una experiencia especializada en depósitos porfíricos, adquirida trabajando en los principales yacimientos de cobre y oro de Columbia Británica. La compañía realizará revisiones detalladas de datos de exploraciones anteriores, identificará objetivos e interpretará los hallazgos utilizando la tecnología más avanzada. Los programas de campo comenzarán una vez que se derrita la nieve alpina. La alianza se extiende a cualquier nuevo proyecto en Columbia Británica que Prospect Ridge adquiera.

Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF)는 브리티시컬럼비아에 위치한 Holy Grail (59,608 헥타르) 및 Knauss Creek (2,944 헥타르) 프로젝트의 탐사 작업을 관리하기 위해 Equity Exploration Consultants와 2년간 전략적 파트너십을 체결했습니다. 이 파트너십을 통해 Prospect Ridge는 Equity의 30명 지질학자 팀과 연간 10만 미터의 시추 관리 전문성을 활용할 수 있게 되었습니다.

1987년에 설립된 Equity Exploration은 브리티시컬럼비아의 주요 구리-금 광상에서 쌓은 특화된 포피리 광상 전문 지식을 보유하고 있습니다. 이 회사는 이전 탐사 데이터를 상세히 검토하고 목표 지점을 선정하며 최신 기술을 활용해 결과를 해석할 예정입니다. 현장 프로그램은 알파인 눈이 녹은 후 시작됩니다. 이 파트너십은 Prospect Ridge가 새롭게 인수하는 브리티시컬럼비아 내 모든 프로젝트에도 적용됩니다.

Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF) a établi un partenariat stratégique de deux ans avec Equity Exploration Consultants pour gérer les travaux d'exploration sur ses projets Holy Grail (59 608 ha) et Knauss Creek (2 944 ha) en Colombie-Britannique. Ce partenariat offre à Prospect Ridge l'accès à l'équipe de 30 géologues d'Equity et à leur expertise dans la gestion de 100 000 mètres de forage annuels.

Fondée en 1987, Equity Exploration apporte une expertise spécialisée dans les porphyres, acquise en travaillant sur les principaux gisements de cuivre et d'or de la Colombie-Britannique. L'entreprise effectuera des analyses détaillées des données d'exploration antérieures, identifiera des cibles et interprétera les résultats en utilisant les technologies les plus récentes. Les programmes sur le terrain débuteront après la fonte de la neige alpine. Le partenariat s'étend à tout nouveau projet en Colombie-Britannique acquis par Prospect Ridge.

Prospect Ridge Resources (CSE:PRR)(OTC:PRRSF) hat eine strategische zweijährige Partnerschaft mit Equity Exploration Consultants geschlossen, um die Explorationsarbeiten bei seinen Projekten Holy Grail (59.608 ha) und Knauss Creek (2.944 ha) in British Columbia zu verwalten. Die Partnerschaft verschafft Prospect Ridge Zugang zu Equitys Team von 30 Geologen und deren Expertise bei der Durchführung von jährlich 100.000 Metern Bohrungen.

Equity Exploration, gegründet 1987, bringt spezialisierte Porphyr-Kenntnisse mit, die aus der Arbeit an den bedeutendsten Kupfer-Gold-Lagerstätten in B.C. stammen. Das Unternehmen wird frühere Explorationsdaten detailliert prüfen, Ziele identifizieren und die Ergebnisse mit modernster Technologie interpretieren. Feldprogramme starten, sobald die alpine Schneedecke geschmolzen ist. Die Partnerschaft gilt auch für alle neuen Projekte in B.C., die Prospect Ridge erwirbt.

Positive
  • Partnership reduces overhead while ensuring top-tier exploration execution
  • Access to experienced team of 30 geologists with specialized porphyry expertise
  • Equity Exploration manages 100,000 meters of drilling annually
  • Company has strong balance sheet for potential new acquisitions
Negative
  • Field program delayed until alpine snow pack melts
  • Exploration results and success not guaranteed

VANCOUVER, BC / ACCESS Newswire / May 20, 2025 / Prospect Ridge Resources Corp.(the "Company" or "Prospect Ridge") (CSE:PRR)(OTC:PRRSF)(FRA:OED) is pleased to announce a new long-term strategic partnership with Vancouver-based Equity Exploration Consultants Ltd. ("Equity Exploration"), a respected leader in mineral exploration. Under this exclusive two-year agreement, Equity Exploration will manage all exploration work on the Company's large Holy Grail (59,608 Ha) and Knauss Creek (2,944 Ha) critical metals and gold exploration projects located near Terrace, British Columbia (B.C.) as well as any new B.C. projects the Company acquires.

This partnership gives Prospect Ridge immediate access to a highly experienced exploration team, reducing overhead while ensuring top-tier execution across permitting, planning, geological targeting, and program execution.

Founded in 1987, Equity Exploration has managed over 250 projects across every region of British Columbia. Their team of 30 geologists includes experts in structural geology, 3D modeling, project management, health and safety and permitting. Managing nearly 100,000 meters of drilling annually, they bring specialized porphyry expertise from working on B.C.'s top copper-gold deposits, advancing key insights into vein styles, alteration, geophysics, and metals enrichment critical to Prospect Ridge's exploration success.

Mike Iverson, Chairman of the Board states: "Securing the services of Equity Exploration means that our exploration will be conducted to the highest standard by a full exploration team that Prospect Ridge can tap into as needed while keeping overhead low. Their team's reputation for excellence ensures that we're well-positioned for a successful field season and future growth."

Len Brownlie, Ph.D., Chief Executive Officer, states: "Throughout my career in the exploration industry I have had many opportunities to engage Equity Exploration and I have always found them to provide first-rate, efficiently executed work programs. Their growth over the past 38 years is a testament to their well-deserved reputation for high quality exploration work. I have every confidence that they will unlock the full potential of the Company's Holy Grail and Knauss Creek projects. In addition, Prospect Ridge intends to leverage its strong balance sheet to acquire undervalued copper-gold porphyry targets in B.C. that can now be professionally explored through the expanded exploration capabilities provided by our partnership with Equity Exploration."

Equity Exploration's President, Dr. Darcy Baker, states: "2025 will be an exciting year for Prospect Ridge and our team is anxious to support their exploration campaigns. Equity will be performing a detailed review of all prior exploration data to identify targets and ore deposit analogues. These targets will be interpreted with the latest technology and with our deep understanding of B.C's porphyry deposits and will be the focus of a field program that will begin once the alpine snow pack has melted. We are also looking forward to assisting Prospect Ridge with any new B.C. projects that they may acquire in the coming months".

Contact Information

Prospect Ridge Resources Corp.
Mike Iverson - Chairman, Director
Email: mike@miverson.ca

About Prospect Ridge Resources Corp.

Prospect Ridge Resources Corp. is a British Columbia based exploration and development company focused on critical metals and gold exploration. Prospect Ridge's management and technical team collectively have over 100 years of experience in mineral exploration and believes the Knauss Creek and the Holy Grail properties have the potential to extend the boundaries of the Golden Triangle into this vastly under-explored region.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements and information ("FLI") that may constitute forward-looking information within the meaning of applicable Canadian securities laws. FLI relates to future events or future performance and reflect the current expectations or beliefs of the Company's management. Anything that is not historical fact is FLI. Generally, FLI can be, without limitation, identified by the use of forward-looking wording such as "plans", "intends", "believes", "expects", "anticipates" or "estimates", and statements or phrases that certain actions, events or results "may", "might", "could", "should" or "would" occur, and similar expressions. FLI is not historical fact, is made as of the date of this news release and includes, without limitation, statements and discussions of future plans, intentions, expectations, estimates and forecasts, and statements as to management's intentions and expectations with respect to, among other things, positive exploration results at the Knauss Creek and Holy Grail projects. FLI involves numerous risks and uncertainties, and are based on assumptions, and actual results might differ materially from results suggested in any FLI. These risks and uncertainties include, among other things, the availability of financing to continue exploration activities, the availability and cost of qualified exploration personnel and service providers, and that future exploration results at the Knauss Creek and Holy Grail projects will not be as anticipated. In making any FLI in this news release, the Company has applied several material assumptions, including without limitation, that future exploration results at the Knauss Creek and Holy Grail projects will be as anticipated. Although management has endeavored to evaluate and use reasonable assumptions and to identify important factors that could cause actual results to differ materially from those contained in FLI, these assumptions may prove incorrect and there may be other factors that cause results not to be as intended, expected, anticipated or estimated. There can be no assurance that FLI will prove to be accurate, and actual results and future events could differ materially from those expressed in FLI. Accordingly, readers should not place undue reliance on FLI, and are further cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any FLI expressed or incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

SOURCE: Prospect Ridge Resources Corp



View the original press release on ACCESS Newswire

FAQ

What is the partnership between Prospect Ridge Resources (PRRSF) and Equity Exploration?

Prospect Ridge Resources has formed a two-year exclusive partnership with Equity Exploration to manage exploration work on its Holy Grail and Knauss Creek projects in British Columbia, providing access to a team of 30 geologists and specialized porphyry expertise.

How large are Prospect Ridge's (PRRSF) exploration projects in British Columbia?

Prospect Ridge's Holy Grail project covers 59,608 hectares, while the Knauss Creek project spans 2,944 hectares, both located near Terrace, British Columbia.

What experience does Equity Exploration bring to Prospect Ridge (PRRSF)?

Founded in 1987, Equity Exploration has managed over 250 projects across British Columbia, manages 100,000 meters of drilling annually, and brings specialized expertise in porphyry copper-gold deposits.

When will Prospect Ridge (PRRSF) begin its 2025 field exploration program?

The field program will begin once the alpine snow pack has melted, with Equity Exploration first conducting a detailed review of prior exploration data to identify targets.
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