Prospect Ridge Resources Corp. is pleased to announce that it has completed its acquisition of 100% of the Holy Grail property. It is located 10 km northeast of the town of Terrace, BC. With this acquisition PRR now controls some 730 square kilometers of ground in the Terrace area. In connection with the finalization of this acquisition, the Net Smelter Royalties have been modified. Loan Wolf Exploration Ltd has a 1.5 [...]
Prospect Ridge Resources Corp. is pleased to announce positive gold, silver and base metals prospecting results on three showings. Grab samples were collected on our fully owned flagship Knauss Creek property located 35 km northeast of Terrace, BC. Prospect Ridge Resources Grabs Up to 69.3 g/t Au, 974 g/t AG, 10.4% CU, 33.3% PB and 4.1% ZN Highlights include: Grab sample C363284 returned 69.3 g/t Au, 331 g/t Ag and 5.78 [...]
Prospect Ridge Resources Corp. is pleased to announce that it has completed its earn-in of a 100% interest in the Knauss Creek property. The flagship property Knauss Creek is located 35 km northeast of Terrace, BC. PRR accelerated the 100% earn-in by incurring all $1M of exploration expenditures within the first year of the option agreement, and accelerating the issue of the remaining 700,000 shares due under the option [...]
Prospect Ridge Resources Corp. is pleased to announce that the drilling has begun on the flagship Knauss Creek property located 10 km North of Terrace, BC. The construction of the drill pads and drilling began last week and the first drill hole on the property has been completed. The initial focus is in the area of the Jay veins, which will be followed by the historic Dorreen zone that was a past producing high-grade gold [...]
Prospect Ridge Resources Corp. is pleased to announce that the drilling permits have been received for the flagship Knauss Creek and Holy Grail properties located 10 km's north of Terrace, BC. Permit applications were compiled and submitted after a very successful 2021 field season that produced many high-grade results of gold, silver, copper, lead, and zinc. These results along with Lidar surveying, and compilation of [...]
June 6th, 2022 - Prospect Ridge Resources Corp. is pleased to announce the appointment of Yan Ducharme as the new company President, Nicholas Luksha as the new Executive Vice President, and the start of the 2022 field operations with prospecting crews picking up where they left off at the end of the 2021 field season. Yan Ducharme brings over 25 years of experience to the company in greenfield and brownfield exploration [...]
Prospect Ridge Resources Corp. is pleased to announce the appointment of Metal News Founder and Editor-in-Chief, Dr. Allen Alper as a Director, and "Prospector of the Year" Tom Morgan as lead prospector. These two professionals are incredibly exciting additions to the Prospect Ridge team bringing with them the experience from decades of successful careers. Dr. Allen Alper received a PhD in Economic Geology and Petrology [...]
Prospect Ridge Resources Corp. is pleased to announce the Company’s plans for 2022 and provide a year-end recap for 2021. 2022 has started off with the Company in a very strong position following a successful 2021 with the continuation of prospecting and compiling our data throughout the winter in preparation for drilling set to start immediately when our permits are in place. Drilling permits are expected to be received [...]
Prospect Ridge Resources is pleased to provide a year-end recap for 2021. The Company completed two major acquisitions of the Holy Grail and Knauss Creek properties, each located in Northern British Columbia. There are currently 4 targets drill-ready for Spring 2022 with permit applications submitted. A total of 6 zones showing visible gold have been identified with new preliminary results of up to 117 grams per tonne [...]
Prospect Ridge Resources Corp. is pleased to announce preliminary results from exploration on the Hugin zone from the recently acquired Knauss Creek property returning assays of up to 3.49 g/t gold in channels over 0.73 m, part of a larger channel that averaged 2.4 g/t over 1.54 m. The Hugin Zone is located only 5 linear-kilometers from CN Rail, with a direct line to deep water port at Kitimat, and only 1.3 kilometers [...]
Prospect Ridge Resources is pleased to announce results from preliminary exploration from the Mint 2B zone on the recently acquired Knauss Creek property, returning new channel assays of up to 30.8 g/t gold, 281 g/t silver, 2.92 percent lead, 0.7 percent copper and 3.27 percent zinc over 0.71 m. The Mint 2B zone is located only 3 linear km from CN Rail with a direct line to a deep-water port at Kitimat, and logging roads [...]
Prospect Ridge Resources Corp. is pleased to announce results from preliminary exploration at the historic Dorreen Mine on the recently acquired Knauss Creek property, returning assays up to 57.3 g/t gold and 116 g/t silver, 7.03 percent lead, 0.5 percent copper and 2.46 percent zinc. The Dorreen Mine site is located only 5 linear-km from CN Rail with a direct line to deep water port at Kitimat and only 1.9 kilometers [...]