Prospect Ridge Resources Corp. announced northwestern extension of the Copper Ridge Zone with additional high-grade gold, silver and copper results from outcrop samples, located at the Company's fully owned Knauss Creek property, located approximately 35 km northeast of Terrace, British Columbia. The remaining assays from outcrop samples collected near the end of the 2023 prospecting season returned numerous high-grade gold, silver and copper results and have now extended the Copper Ridge Zone measuring an east-west length of 1,550 metres, a north-south strike length of 850 metres and a vertical difference of 470 metres.

The data collected in the field indicates the veins are north-south oriented and dip towards the east. It is interpreted that the zone consists as a ladder mineralized vein network hosted in a dioritic intrusion. Additionally, the recent results confirm that metal zonation occurs across the property being more copper rich in the northwest and more gold-silver rich in the southeastern part of the property.

Previous results from Copper Ridge were released November 8 and 28, 2023 and January 18, 2024. The Copper Ridge Zone is located in the southern part on the Knauss Creek property. During the 2023 field season, a total of 241 samples were collected in this area.

Sixty-three 63% of the samples have a gold equivalent value between 0.1 and 10 g/t and 17% of the samples have a gold equivalent value above 10 g/t. With a sample per vein, the results suggest a mineralized system with a high density of veins of varying grades. Numerous structural measurements were taken and are showing veins oriented roughly north south and dipping toward the east. Mineralogical observation and results analysis are illustrating different trends within the Copper Ridge zone.

Those additional results in the northwestern part are defining different trends in their metal content. The westernmost trend consists of quartz veins with pyrite that are gold-silver bearing, while the adjacent one consists of quartz veins with chalcopyrite, malachite and azurite that are copper-silver-gold bearing. For the main trend, it is not clear which metal is dominant, but it contains several silver-rich veins.