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Prospect Ridge Resources Announces Discovery Of New Mineralized Zone Named "Leon's Legacy" At Knauss Creek Property
VANCOUVER, BC, Sept. 27, 2023 /CNW/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announ
About this update from Prospect Ridge Resources Corp.
[{"type":"text","content":" VANCOUVER, BC, Sept. 27, 2023 /CNW/ - Prospect Ridge Resources Corp. (the \"Company\" or \"Prospect Ridge\") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the discovery of a new mineralized zone named \"Leon's Legacy\" on the Company's fully owned flagship Knauss Creek property, located 35km northeast of Terrace, British Columbia. Earlier, prospecting and mapping in the Dorreen mine and surroundings returned a number of high-grade gold values (see news release dated September 14, 2023). While flying there, some quartz veins were observed from the air. Prospecting those led to the discovery of Leon's Legacy (named in honor of Leon Leblond (1930-2013) who prospected the property over a period of more than 25 years). The new discovery is located approximately 900 m west-southwest and higher in elevation than the Dorreen Mine (see Figures 1 and 2). Similar high-grade values of gold, silver and copper were returned from quartz veins hosted in sedimentary to volcano-sedimentary rocks, being similar to the sampled Dorreen Mine. Key Highlights: Located approximately 900m west-southwest and 630m above (higher in elevation) the Dorreen mine (see Figure 2), outcrop samples were collected on quartz veins and returned: 14.15 g/t Au, 24.5 g/t Ag and 0.12% Cu (W384811), 19.90 g/t Au, 180.0 g/t Ag and 3.39% Cu (W384813), 20.60 g/t Au, 175.0 g/t Ag and 0.54% Cu (W386150), and 0.86 g/t Au, 138.0 g/t Ag and 8.00% Cu (W386154). Further west-southwest at a distance of 1,500m and 875m above the Dorreen mine, other outcropping quartz veins were sampled and returned: 0.07 g/t Au, 36.0 g/t Ag and 8.21% Cu (W386133), and 0.49 g/t Au, 32.9 g/t Ag and 4.31% Cu (W386135). Images from samples in link (here). Prospect Ridge CEO Michael Iverson commented, \"We are pleased with the surface exploration work that has first expanded the footprint of the gold and base metal mineralization around the Dorreen mine, and has now expanded mineralization over 1 kilometre away with similar high-grade gold values at the newly discovered Leon's Legacy. This new discovery on the Knauss shows the tremendous potential of this property. The distance from the Dorreen mine, where we suspect a multiple vein system, tells us that this mineralized system could be more important than previously thought. Leon's Legacy contains gold, silver and copper, maintainin...