Prospect Ridge Expands Exploration at Excalibur Project

Prospect Ridge Resources Corp. has initiated a strategic expansion of its Excalibur copper-gold porphyry project in British Columbia. Following a successful drill program earlier this year, the company has lodged a staking application for an additional 385.6 hectares adjacent to the project. This expansion aims to secure new promising targets identified by reanalyzing regional magnetic surveys.

Initial drilling at Excalibur yielded positive visual indicators of a potential new porphyry system. The first two drilling holes exhibited significant hydrothermal alteration and mineralization, indicating a promising start. However, assay results are pending due to high demand and backlog at regional labs.

Prospect Ridge further acknowledges the project's location within the traditional territory of the Lake Babine First Nation, emphasizing a commitment to fostering positive local relationships. Future announcements regarding resumption of drilling and assay results are anticipated as they become available.