Reported about 5 hours ago
Prospect Ridge Resources has successfully obtained a 100% interest in the Camelot copper-gold project from Orogen Royalties, as approved by the Canadian Securities Exchange on September 9. The project, covering 2,600 hectares in British Columbia's Quesnel Belt, boasts significant copper and gold potential, with previous explorations revealing a substantial copper anomaly. The initial payment for this acquisition includes cash and shares, while options for additional payments and including royalties have been arranged. Prospect Ridge plans to initiate a drilling program later this autumn.
Source: YAHOO