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Prospect Ridge Completes Earn in of 100% Ownership of Camelot Copper-Gold Porphyry Project and Readies 2026 Exploration Plan
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / March 6, 2026 / Prospect Ridge Resources Corp. (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) ("Prospect Ridge" or the "Company") is pleased to announce that it has completed ...
About this update from Prospect Ridge Resources Corp.
[{"type":"text","content":"NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES","length":58,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / March 6, 2026 / Prospect Ridge Resources Corp. (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) ("Prospect Ridge" or the "Company") is pleased to announce that it has completed the earn-in of its 100% interest in the Camelot Copper-Gold Porphyry Project from Orogen Royalties Inc. by issuing, effective March 2, 2026, a final payment of 2,303,121 common shares having a value of $175,000 based on the preceding 10-day volume weighted average price ("VWAP") on the CSE. See news release dated September 10, 2025 for the full terms of the acquisition.","length":596,"tagName":"p"},{"type":"text","content":"Prospect Ridge's CEO, Len Brownlie, stated, "Camelot greatly strengthens our portfolio of large-scale copper-gold exploration assets in the Golden Horseshoe and Cariboo regions of central and northern British Columbia - areas globally recognized for hosting major copper-gold discoveries. At Camelot, our recently released drill results (see news release dated February 25, 2026) have confirmed its addition to our growing pipeline of copper-gold porphyry targets, complementing our existing Excalibur and Castle projects."","length":537,"tagName":"p"},{"type":"text","content":"2026 Exploration Plans","length":22,"tagName":"p"},{"type":"text","content":"Prospect Ridge is finalizing its exploration plans for 2026, including drilling and associated work programs across several of its priority projects in British Columbia. Details of these programs will be announced when finalized within the next six weeks.","length":255,"tagName":"p"},{"type":"text","content":"The Company's exploration strategy is focused on systematically testing large-scale copper-gold porphyry systems within a region that remains vastly underexplored, despite hosting several significant mineral discoveries.","length":224,"tagName":"p"},{"type":"text","content":"Flow-Through Financing","length":22,"tagName":"p"},{"type":"text","content":"Prospect Ridge also announces a non-brokered flow-through private placement of up to $450,000, consisting of up to 5,000,000 critical mineral flow-through shares at a price of $0.09 per share. Proceeds will be used to incur eligible Canadian exploration expenses that...