24. January 2026
Copper-Gold Prospect Stuns With Record-Setting Drill Find
Prospect Ridge Resources has made significant strides in its exploration efforts at the fully owned Camelot copper-gold project in the Cariboo mining district, British Columbia, Canada. The company’s latest drilling campaign has yielded promising assay results, particularly from hole CAM25-009, which returned 0.1 grams per tonne (g/t) gold and 0.1% copper over a span of 156.6m from a depth of 23.4m.
The discovery of an alkalic porphyry system, characterized by a specific type of mineralization that is often associated with large copper and gold deposits, adds another layer of significance to the findings. The alkalic porphyry model recognizes that certain types of copper and gold deposits are marked by specific geological features, such as potassic alteration or silicification.
The drilling programme, which totaled 2,034m across ten holes, was designed to explore historical copper-in-soil anomalies and related chargeability highs. This targeted approach allowed Prospect Ridge to identify areas of interest and gather more information about the geological setting of the project by employing a combination of geophysical data and geochemical analysis.
One key aspect of this drilling programme was the use of alkalic porphyry models to interpret the results. By applying this model to the data collected during the drilling campaign, Prospect Ridge was able to identify potential areas of interest and confirm the presence of disseminated sulphides in resistive host rock. The Echo target within CAM25-009 showed anomalies that are typically linked to copper mineralization, which may indicate the presence of potassic alteration or silicification.
Historical drill-hole LL22-001 was re-evaluated during this programme, having been originally drilled in the opposite direction to CAM25-009 with infill sampling completed as part of the recent efforts. The company plans to release assay results for the remaining nine holes and additional data from hole LL22-001 in the coming weeks.
The significance of these findings cannot be overstated. Prospect Ridge’s exploration efforts have yielded a significant breakthrough, which provides a glimpse into the potential of the Camelot copper-gold project. The discovery of an alkalic porphyry system, coupled with promising assay results, has the potential to make this project a key player in the Canadian mining industry.
Len Brownlie, CEO of Prospect Ridge Resources, highlighted the importance of this discovery, stating: “Our initial shallow drilling into ‘blind’ targets, identified by geophysical data under glacial till, has resulted in the discovery of an alkalic porphyry that is copper and gold bearing and has a large geophysical footprint.”
The acquisition of the Camelot copper-gold project by Prospect Ridge in September 2025 marked a significant turning point for the company. With this new asset under its portfolio, Prospect Ridge is poised to unlock the potential of this project and deliver significant returns to its stakeholders.
As exploration continues at the site, which had not seen drilling before this programme, Prospect Ridge Resources will continue to build on these promising findings. The company’s focus on delivering value to its shareholders and creating long-term value for its stakeholders will remain a cornerstone of its strategy.
The discovery of an alkalic porphyry system at the Camelot copper-gold project has significant implications for the Canadian mining industry, as other companies may take notice of Prospect Ridge’s progress and consider similar approaches to exploring this type of mineralization. The success of this project will also depend on factors such as local geology, environmental impact, infrastructure, and access.
The significance of these findings underscores the importance of innovative exploration techniques and the company’s commitment to delivering value to its stakeholders. As Prospect Ridge continues to build on these findings, it is clear that this project will be a key player in the Canadian mining industry for years to come.