Prospect Ridge Resources Obtains Knauss Creek Property

Prospect Ridge Resources Ltd. (CSE: PRR) is pleased to announce that it has achieved a 100% earn-in of the Knauss Creek property. The flagship Knauss Creek location is 35 kilometers northeast of Terrace, British Columbia. PRR accelerated its earn-in of the property by committing all $1 million in exploration expenditures within the first year of the option agreement and by issuing the remaining 700,000 shares due under the agreement. PRR started prospecting the area near the end of the 2021 field season and resumed in 2022 summer. Some drilling was also performed on the undertaking. The Dorreen Mine, the Jay Veins (formerly known as Mint2B) showing, and the Hugin outcrops are all situated on the Knauss Creek property, which covers about 3190 hectares. The Company is currently collecting and waiting for the outcome of this summer’s expedition.

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