The construction of the drill pads and drilling began last week and the first drill hole on the property has been completed. The initial focus is in the area of the Jay veins, which will be followed by the historic Dorreen zone that was a past producing high-grade gold mine. The drilling will be conducted on a 24 hours per day/7 days per week schedule, until the campaign is complete. Under the direct supervision of CEO, Michael Iverson, and President, Yan Ducharme, the drilling and prospecting teams will be collecting a steady stream of samples that will be sent to the laboratory for analysis on a regular basis.
Prospect Ridge Resources Announces Plans for 2022 and Provides Year End Recap of 2021 Consisting of Two Major Property Acquisitions, Multiple Drill-Ready Targets, 6 Zones With Gold Grades up to 117 g/t & Silver up to 4740 g/t, Over $8.5 Million Raised to Date, Uplisting to OTCQB and Appointment of Michael Iverson as CEO & Director
VANCOUVER, British Columbia, Dec. 03, 2021 (GLOBE NEWSWIRE) — Prospect Ridge Resources Corp. (the “Company” or “Prospect”) (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce that its common shares have been approved for listing on the OTCQB® Venture Market (the “OTCQB”) and were quoted on the OTCQB on November 26, 2021 under the symbol “PRRSF”.
A new company from the precious metals sector is making the rounds. Prospect Ridge Resources (PRR) is a Canadian explorer in the precious metals sector. The Company’s two critical projects are in Terrace, British Columbia and Val d’Or, Quebec.
Prospect Ridge Resources Corp. has entered into a property option agreement with Knauss Creek Mines Ltd. dated Nov. 3, 2021, pursuant to which the company has acquired an option to purchase a 100-per-cent interest in a single block of 35 mineral claims covering approximately 3,152.2 hectares collectively known as the Knauss Creek property.