Prospect Ridge Announces Successful Completion of Copper Ridge Drill Program at Knauss Creek Project

4 October 2024

Prospect Ridge Resources Corp is pleased to announce the successful completion of its inaugural drilling program at the Copper Ridge zone within the Knauss Creek property, located south of the Golden Triangle, near Terrace, British Columbia. These are the first drill holes in a newly identified target. The data collected from these first-ever drill holes will help inform the next steps in the Company's exploration program at Knauss Creek.

The drill program included a total of 2,229 metres in nine (9) drill holes. The program was designed to test high-priority targets identified through extensive prospecting and surface sampling, including previous outcrop samples with significant values of up to 78.9 g/t gold, 4,610 g/t silver and 29.4% copper.

"We are pleased to announce the completion of this important first drill program at the Copper Ridge zone," stated Michael Iverson, CEO of Prospect Ridge. "The nine drill holes completed during the program will provide critical information to assess the geometry, type and extent of the mineralized system we discovered last year. With assay results expected in the next six weeks, we are eager to share our findings with our shareholders and to determine the next steps in our exploration program both on the Knauss Creek and Holy Grail properties."

A total of 1,914 samples have been submitted for multi-element analysis, the results of which are pending. Outcrop samples are selective by nature and grades may not be representative of mineralized zones. True thickness or mineralization style and geological models cannot be determined with the information currently available.

About Prospect Ridge Resources:

Prospect Ridge Resources Corporation (PRRC) is a Canadian mining company that focuses on the exploration, development, and acquisition of precious metals projects in North America. The company is listed on the CSE under the symbol PRR.

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

 

Source: prnewswire.com