Prospect Ridge to drill Camelot Copper-Gold Project in Cariboo Mining District, British Columbia
Prospect Ridge Resources Corp. [CSE: PRR; OTC: PRRSF; FRA: OED] reported the finalization of priority drill targets for its upcoming 2,000-metre diamond drill program at its 100%-owned Camelot copper-gold porphyry project in British Columbia’s prolific Cariboo Mining District. Drilling is scheduled to begin November 1, 2025.
The 2,646-hectare Camelot property lies approximately 65 km east of Williams Lake, B.C. within the Quesnel Terrane – home to multiple producing copper-gold and copper-molybdenum porphyry deposits, including the nearby Gibraltar and Mount Polley mines. The project area benefits from year-round road access and excellent regional infrastructure.
“Our technical team, which includes Equity Exploration Consultants Ltd., Members of the Board and our Technical Advisory Committee have done an exceptional job integrating decades of historic data,” stated Len Brownlie, Ph.D., CEO of Prospect Ridge. “Very recently, an inversion of aerial magnetics data has revealed compelling signatures showing elevated magnetic features coincident with areas of elevated chargeability from an earlier IP survey. These inverted magnetic features at depth are consistent with potential apophyses on the shoulder of a larger batholith and are hypothesized to represent a porphyry stock with disseminated sulphides and magnetite. Supporting this hypothesis, a historic 1974 vertical percussion hole (PDH74-L04), drilled to just 61metres depth, intersected 0.25% copper over 21.3 metres within a potassic-altered biotite monzonitei that appears to have clipped the outer flank of this hypothesized stock. With over $2.8M in our treasury, all permits in place and drilling set to begin on November 1, we are very excited to test these newly characterized targets.”
Previous exploration work outlined a 1700 m x 500 m coincident chargeability-magnetic anomaly trending northeast-southwest beneath shallow till cover in an area that has not been previously drilled. The anomaly lies within the same structural, stratigraphic, and intrusive trend as the Mount Polley copper-gold mine, located 34 km northwest of Camelot.
Drill targeting for the 2025 program draws on historic copper-in-soil anomalies, a 2011 induced polarization (IP) survey, and an inversion model of 2021 airborne magnetic data. When integrated, these datasets highlight target signatures typical of alkalic porphyries – moderately high-amplitude magnetic inversion anomalies with chimney-like geometries on the shoulders of broader, higher-amplitude anomalies, coincident with moderate-high to high chargeability that may reflect disseminated sulphide mineralization.
Prospect Ridge has identified ten high priority and ten lower priority drill collar locations to probe these exciting targets in a ten hole diamond drill program.
Dorado Drilling from Vernon, B.C. has been contracted to conduct the 2025 drilling program, with a drill rig currently enroute from Prince George to Horsefly, B.C.
The Camelot project covers approximately 26 km2 in central B.C., and is located approximately 34 km southeast of the Imperial Metals Mount Polley mine, as well as 13 km northeast of Vizsla Copper’s Woodjam project.
Prospect Ridge acknowledges that Camelot is situated within the traditional territories of the Williams Lake Indian Band, Xatsull First Nation, Whispering Pines/Clinton Indian Band, Northern Shuswap Tribal Council and the Neskonlith Indian Band.
Prospect Ridge Resources is focused on critical metals and gold. The company is advancing its north-central B.C. located Golden Horseshoe and Cariboo projects – high-potential copper-gold systems positioned within one of Canada’s most under-explored yet geologically endowed mineral belts.