Prospect Ridge Resources Corp. announce numerous high-grade gold, silver and copper samples recovered from outcrops on the Copper Ridge showing located at the Company's fully owned flagship Knauss Creek property, about 35 km northeast of Terrace, British Columbia. Following up on high-grade results previously reported on the Copper Ridge showing, additional surface sampling and mapping was conducted during the 2023 field season.

An impressive collection of high-grade samples was returned, extending the mineralized area well beyond what was previously observed and now measures more than 500 metres by 270 metres. The Copper Ridge showing is in the southern part of the Knauss Creek property. To the north, there is an east-west oriented cliff where malachite-azurite stains can be seen extending down slope for tens of metres.

At an elevation of about 1850 m, the area extends down relatively gently toward the south with outcrops surrounded by scree fields interrupted by steep cliffs that lead to the next gentler plateau. The samples were taken over an east-west strike length of more than 250 m, a north-south extend of about 270 m and an elevation differentiation of 150 m. The samples form a high-grade cluster with values mainly in gold, silver and copper within a fractured diorite intrusion. A system of parallel veins containing chalcopyrite, pyrite, malachite, azurite and locally with galena and sphalerite is hosting the mineralization.

A few samples are anomalous in lead and zinc like the other showings on the property. Two samples were taken up to a distance of almost 280 m west of the worked area and revealed 4.32 g/t Au, 247 g/t Ag and 1.40 % Cu (W386306) and 0.45 g/t Au, 14.9 g/t Ag and 0.50 % Cu (W386305), thus indicating the potential of extending this area to a distance up to 530 m.