Prospect Ridge begins fall 2025 exploration
Executive Summary
- Prospect Ridge announced a planned ≈2,000‑metre drill program at the Camelot project to commence in late October 2025.
- The company will host a live investor town‑hall webinar on 16 Oct 2025 to discuss its five B.C. projects and upcoming exploration activities.
- Additional field work completed across Castle, Excalibur, Knauss Creek/Holy Grail projects includes IP surveys, aerial magnetics, soil/rock sampling and mapping that will inform drill programs in 2026.
Key Details
- Camelot Project
- 26 km² target area ~65 km east of Williams Lake, B.C.
- Up to 2,000 m of drilling in up to 10 holes planned for late Oct 2025.
- Target zone: ~1,700 m × 500 m with strong chargeability and multiple magnetic anomalies.
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Site‑visit completed; logistics, water line routes and drill pad placement assessed.
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Castle Project
- 29.14 km² in the Toodoggone gold‑copper district.
- Completed staking of two gossans (Castle & Abbey) with historic soil Au up to 6,800 ppb and Cu 1,070 ppm.
- ~7 km IP survey finished; 62 rock samples assayed (results pending).
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500 km airborne magnetic survey completed 1 Oct 2025; higher‑resolution line spacing over gossan area.
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Excalibur Project
- Ongoing ~20 km IP survey (200 m line spacing) near high Cu‑in‑soil anomalies.
- Soil program identified a second western target (“Warlock”) with 6/9 samples >150 ppm Cu.
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Mapping shows propylitic alteration consistent with porphyry zoning; rock sampling underway for 2026 drill targeting.
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Knauss Creek / Holy Grail Projects
- One‑week prospecting/mapping in Sep 2025 covered 19 target areas.
- Assays on 63 of 80 rock samples: 17 samples >100 ppm Cu, 8 >1,000 ppm Cu, 4 >10,000 ppm Cu.
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Results suggest strong structural control; IP survey planned for 2026.
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Investor Town Hall
- Live webinar on 16 Oct 2025 at 10 a.m. PDT (1 p.m. EDT).
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Registration required; recording to be posted on company website afterward.
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First Nations Acknowledgement
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Projects located on traditional territories of Tahltan, Tsay Keh Dene, Lake Babine, Williams Lake, Xatsull, Neskonlith, North Shuswap, Whispering Pines/Clinton, Gitxsan and Kitselas First Nations.
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Quality Control / Qualified Person
- Sampling procedures, analytical methods (ICP‑AES, ICP‑MS, fire assay) detailed.
- Technical data verified by Ron Voordouw, PhD, PGeo (qualified person per NI 43‑101).
Notable Quotes
“We are particularly enthused about the upcoming drill program at the Camelot project… a very intriguing geophysical drill target that has not been previously drilled.” – Len Brownlie, President & CEO
Materiality Assessment: Non‑Material – Positive (forward‑looking exploration update with no immediate financial impact).