PROSPECT RIDGE RES CORP - PRRSF STOCK NEWS

Prospect Ridge Resources Corp. (CSE: PRR; OTC: PRRSF) has received drilling permits for its Knauss Creek and Holy Grail properties in British Columbia. Following a successful 2021 field season yielding high-grade gold, silver, copper, lead, and zinc results, the company has prioritized drill targets, including the historical Dorreen gold mine. Drilling is set to commence immediately with 24-hour operations planned. The properties cover 730 square kilometers and are strategically located near high-potential geological formations.

Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced the appointment of Yan Ducharme as President and Nicholas Luksha as Executive Vice President, effective June 6, 2022. The company has commenced its 2022 field operations, focusing on the Holy Grail and Knauss Creek properties in British Columbia. Crews are executing an aggressive sampling program to identify high-grade gold, silver, and other metal targets, with drilling expected to start this summer. Ducharme brings over 25 years of exploration experience, enhancing the company's leadership and operational capabilities.

Prospect Ridge Resources Corp. has appointed Dr. Allen Alper and Bradley Scharfe as Directors, alongside Tom Morgan as Lead Prospector. Dr. Alper brings over 40 years of mining experience and a strong background in mergers and acquisitions, while Scharfe has extensive expertise in financing and management. Tom Morgan, a recognized prospector, enhances the team’s field capabilities. CEO Michael Iverson expressed confidence in their ability to unlock potential gold resources at the Knauss Creek and Holy Grail properties, indicating that 2022 aims to be a record year for the company.

Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) is set for a promising 2022 following a successful 2021, where they made significant acquisitions and identified multiple gold and silver zones. The company is preparing for drilling, pending permits, and is excited about the potential of their Holy Grail and Knauss Creek properties. With $5.2 million in the bank and a history of high-grade samples, they aim to capitalize on their current position. Results from approximately 50% of assays are still awaited, which could further impact the company's prospects.

Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced a productive year-end recap for 2021, highlighting two significant acquisitions: the Holy Grail and Knauss Creek properties in Northern British Columbia. The company is preparing to drill four ready targets in Spring 2022, with notable assay results of up to 117 grams per tonne gold. CEO Michael Iverson emphasizes the rapid progress made, with over $8.5 million raised and $5.3 million in the bank. The company also completed a private placement raising $1.26 million to support ongoing projects.

Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced promising preliminary results from its Hugin Zone exploration at the newly acquired Knauss Creek property. Assays reveal up to 3.49 grams per tonne gold over 0.73 meters, with larger averages of 2.4 grams per tonne over 1.54 meters. The property, located near essential infrastructure, shows strong historical mineralization potential. Future work includes further sampling and preparation for drilling. Excitement surrounds the exploration's expansion of opportunities in a relatively untested area.

Prospect Ridge Resources Corp. (CSE: PRR, OTC: PRRSF) announced promising preliminary exploration results from the Mint 2B zone at the Knauss Creek property. Key findings include channel assays of up to 30.8 grams per tonne gold and 281 grams per tonne silver over a length of 0.71 meters. The property benefits from proximity to infrastructure, enabling cost-effective exploration. The 2021 exploration utilized advanced techniques, with 71% of prospecting samples yielding over 0.5 grams of gold. Ongoing efforts will focus on identifying additional mineralization to support future drilling plans.

Prospect Ridge Resources Corp. announced promising preliminary exploration results from the historic Dorreen Mine at the newly acquired Knauss Creek property. The assays returned exceptional grades, including up to 57.3 grams per tonne gold and 116 grams per tonne silver. Historical highlights show significant mineralization with past shipments yielding up to 163.54 grams per tonne gold. CEO Michael Iverson expressed enthusiasm for ongoing exploration and indicated further results are expected. The site offers excellent infrastructure advantages, aiding future exploration efforts.

Prospect Ridge Resources Corp. (CSE: PRR; OTC: PRRSF) has received approval for its common shares to be listed on the OTCQB Venture Market, effective November 26, 2021. The OTCQB is a U.S. trading platform for emerging companies that meets specific financial and reporting standards. This listing enables electronic clearing and settlement through The Depository Trust Company since November 5, 2021. Prospect Ridge continues to trade on the Canadian Securities Exchange under the symbol PRR and is focused on mineral exploration in North America.