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Prospect Ridge Drilling Discovers Copper-Gold Mineral System At 100% Owned Camelot Project in B.C.'S Cariboo Mining District

VANCOUVER, BC / ACCESS Newswire / January 22, 2026 /Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) is pleased to announce assay results from CAM25-009 - the first hole for which assays have been ...

articleProspect Ridge Resources Corp.January 22, 202610/company/prospect-ridge-resources-corp/news/prospect-ridge-drilling-discovers-copper-123000658
Prospect Ridge Drilling Discovers Copper-Gold Mineral System At 100% Owned Camelot Project in B.C.'S Cariboo Mining District

About this update from Prospect Ridge Resources Corp.

[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / January 22, 2026 / Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) is pleased to announce assay results from CAM25-009 - the first hole for which assays have been received and interpreted - from the 2025 fall diamond drill program at the Company's 100% owned Camelot copper-gold project in British Columbia's prolific Cariboo Mining District.","length":455,"tagName":"p"},{"type":"text","content":"A total of 2,034 m was drilled in ten holes (CAM25-001 to CAM25-010) from eight drill pads over a 21 day drill campaign that tested a 1.7 km long prospective geochemical and geophysical trend (Figure 1). Visual core and portable X-ray fluorescence spectrometer (pXRF) results for all ten holes were disclosed in news releases dated December 4 and 22, 2025.","length":356,"tagName":"p"},{"type":"text","content":"Drilling targeted historical copper-in-soil anomalies coincident with chargeability highs as well as, in some cases, moderate to high resistivity and magnetic anomalies. Exploration targets were interpreted in the context of an alkalic porphyry model, where such coincident geophysical and geochemical features may indicate pyrite-chalcopyrite mineralization associated with magnetite-bearing potassic alteration. The target area is covered by till and had not been drill tested until this 2025 program.","length":503,"tagName":"p"},{"type":"text","content":"Len Brownlie, Ph.D., CEO of Prospect Ridgenoted "Our initial shallow drilling into "blind" targets, identified by geophysical data under glacial till, has resulted in the discovery of an alkalic porphyry that is copper and gold bearing and has a large geophysical footprint. Copper mineralization in hole CAM25-009 is associated with chargeability highs on the shoulder of a moderate magnetic anomaly, providing us with a newly recognized targeting criterion. In addition, Au to Cu ratios determined from core assays, particularly in the 6 m interval from 164 to 170 metres, indicate a positive correlation between gold and copper grades, suggesting that gold may represent a meaningful by-product component of copper mineralization. Furthermore, the dominance of pyrite over chalcopyrite suggests that we have not yet encountered the core of the porphyry system and we loo...

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