- Business
- Prospect Ridge Resources Corp is a British Columbia-based mineral exploration and development company focused on the acquisition, exploration, and development of precious metals and critical mineral projects primarily in Canada. The company’s core assets include the Knauss Creek property near Terrace, British Columbia, consisting of 35 mineral claims covering approximately 2,944 hectares; the Castle porphyry project in the Toodoggone gold-copper district covering 29.14 square kilometers in the Liard Mining Division; the Holy Grail property north of Terrace spanning about 70,109 hectares; and the Galinee Project in Quebec, which comprises 15 contiguous mineral claims totaling approximately 839.45 hectares. Prospect Ridge concentrates on exploring, acquiring, and developing gold, copper, silver, lead, zinc, and critical metals through systematic drilling, geophysical surveys, and resource definition programs.
Recent strategic developments include the acquisition of a 100% interest in the Camelot copper-gold porphyry project from Orogen Royalties, a transaction approved by the Canadian Securities Exchange in September 2025, enhancing Prospect Ridge’s exposure to this promising copper-gold region with plans for a 2,000-meter drill program targeting a defined geophysical anomaly. The company also closed a non-brokered private placement in October 2025 raising CAD 3 million through the issuance of critical mineral flow-through units. Additionally, Prospect Ridge completed the acquisition of the Holy Grail property in early 2023, expanding its land holdings in the prolific Golden Triangle area. Operationally, the company appointed a new CFO in 2023 and continues to advance exploration programs with a focus on expanding mineralized zones and defining resources. Prospect Ridge operates primarily in British Columbia and Quebec, leveraging a management and technical team with over a century of cumulative mineral exploration experience since its founding and headquarters in Vancouver, British Columbia.