sur Prospect Ridge Resources Corp (CVE:PRR)
Prospect Ridge Initiates Drilling at Excalibur Target
Prospect Ridge Resources Corp. has commenced drilling at its entirely owned Excalibur copper-gold project in British Columbia. This marks the first exploration at this 2 km² geophysical target in the Babine porphyry district. The site shows potential for an altered and mineralized porphyry complex.
Recent surveys have identified a chargeability feature and elevated soil copper levels, suggesting a copper-bearing porphyry system. Positioned in a promising district, Excalibur is surrounded by past and current mining projects, enhancing its strategic significance.
The company plans to drill four initial holes, potentially expanding based on results. Fully funded and permitted, Prospect Ridge aims to further explore two other projects this year, indicating a pivotal period for its shareholders.
R. E.
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