Prospect Ridge Secures High-Potential Camelot Copper-Gold Project in B.C.'s Cariboo Mining District With Drill Program Planned for 2025

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"Camelot is a rare, drill-ready porphyry target hiding in plain sight," said Len Brownlie, CEO of Prospect Ridge. "We intend to unlock its discovery potential this year." VANCOUVER, BC / ACCESS Newswire / September 2, 2025 / Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) is pleased to announce that, subject to regulatory approval, it has acquired a 100% interest in the 2,646 hectare Camelot (formerly Lemon Lake) copper-gold porphyry project from Orogen Royalties Inc. ("Orogen"). Camelot is located in the Cariboo Mining district of central British Columbia (B.C.), a region with excellent road access and mining infrastructure that hosts copper-gold and copper-molybdenum porphyry deposits, including the nearby Gibraltar and Mount Polley mines. Camelot is situated ~65 kilometres east of Williams Lake, B.C. and was identified by famed B.C. geologist Henry Awmack and acquired by Orogen during a province wide copper porphyry target review (Figure 1). Orogen's acquisition of the property has, for the first time, consolidated project ownership and brought together a sizeable historical exploration database to provide a compelling drill target, defined by a 1700 m x 500 m northeast-southwest composite chargeability-magnetic anomaly that lies under shallow till cover and that has not been previously drill tested (Figure 2). The potential of the Camelot project is enhanced by its regional setting as the project is located in an area of producing mines and deposits in the Quesnellia Terrane and is on a structural, stratigraphic and plutonic trend in common with Mount Polley (Figure 3). The project comes with an area based drill permit that allows collaring of up to 255 Reverse Circulation ("RC") and diamond drill holes. Mike Iverson, Chairman of the Board states: "Today's market challenges have created a rare window to secure high-quality, drill-ready copper-gold projects at attractive valuations. Camelot is exactly the kind of overlooked asset we target - projects with defined anomalies, permits in place, and the potential to deliver a major new discovery. With a strong treasury and a proven team, Prospect Ridge is well-positioned to aggressively advance Camelot and build significant shareholder value." Len Brownlie, Ph.D., Chief Executive...

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