Pacific Ridge Announces AGSM Results; Welcomes Harry Nijjar as New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General and Special Meeting ("AGSM") held on June 27, 2024: Gerald Carlson, Blaine Monaghan, Bruce Youngman (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company, and approved Pacific Ridge's...
2024-06-28 7:00 AM EDT
Pacific Ridge Closes First Tranche of Financing; Raises $1.68 Million for Inaugural Drill Program at Chuchi Copper-Gold Project In B.C.
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement ("Financing") raising a total of $1,683,380.The Company issued 16,250,000 flow-through units ("FT Units") at a price of $0.08 per FT Unit for gross proceeds of $1,300,000. Pacific Ridge also issued 5,476,858 non-flow-through units ("NFT Units") at a price of $0.07...
2024-06-10 1:19 PM EDT
Pacific Ridge Announces 2024 Exploration Plans Including Inaugural Drill Program at Chuchi Copper-Gold Project In B.C.
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce its 2024 exploration plans which include a diamond drill program at the Chuchi copper-gold project ("Chuchi"), Z-Axis Tipper Electromagnetic ("ZTEM") and magnetotellurics ("MT") geophysical surveys at the Kliyul copper-gold project ("Kliyul") and an induced polarization ("IP") survey at the Redton copper-gold project ("Redton"). Chuchi, Kliyul, and Redton are located in the prolific...
2024-06-06 7:30 AM EDT
Pacific Ridge Announces $2.0M Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") announces a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to C$2,000,000 from the sale of non-flow through units of the Company (each, a "Unit") at a price of C$0.07 per Unit, flow-through units of the Company (each, a "FT Unit") at a price of C$0.08 per FT Unit, and FT Units to...
2024-05-23 4:15 PM EDT
Pacific Ridge Identifies Six-Kilometre-Long Copper-Gold Porphyry Trend at Chuchi Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has identified a six kilometre ("km") long copper-gold porphyry trend at the Chuchi copper-gold project ("Chuchi" or the "Project") located in the prolific Quesnel Terrane in northcentral British Columbia 35 km northeast of Centerra Gold Inc.'s ("Centerra") Mount Milligan Mine (see Figure 1).Since acquiring Chuchi in May 2022, Pacific Ridge...
2024-04-30 7:00 AM EDT
Pacific Ridge Closes Second Tranche of Oversubscribed Financing; Raises More Than $1.76 Million
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement ("Financing") raising a total of $1,760,119.51. Pacific Ridge intends to use the proceeds raised from this Financing for general working capital and for exploration at Pacific Ridge's flagship Kliyul copper-gold project as well as for exploration at...
2024-04-08 7:00 AM EDT
Pacific Ridge Closes First Tranche of Oversubscribed Financing; Raises More than $1.675 Million
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the first tranche of its oversubscribed non-brokered private placement ("Financing") raising a total of $1,675,419.51. The Company issued 7,469,679 flow-through units ("FT Units") at a price of $0.095 per FT Unit for gross proceeds of $709,619.51, which includes an oversubscription of 1,159,139 FT Units ($110,118.12). Pacific Ridge also...
2024-03-25 7:00 AM EDT
Pacific Ridge Provides an Overview of Its Projects and Plans
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to provide an overview of the Company's objective, its project portfolio, and its exploration plans for 2024 and beyond."Since optioning its flagship Kliyul copper-gold project from Centerra Gold Inc. in 2020, Pacific Ridge's goal has been to become British Columbia's leading copper-gold exploration company," said Blaine Monaghan, President & CEO of Pacific Ridge. "We...
2024-03-13 6:30 AM EDT
Pacific Ridge Increases Size of Financing
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that due to strong investor demand, the previously announced financing (see news release dated February 22, 2024) has been increased from $1,350,500 to $1,650,500 to fund continued exploration at the Company's 100% owned Kliyul copper-gold project ("Kliyul" or the "Project") located in the prolific Quesnel Terrane in northcentral B.C. (see Figure 1)....
2024-03-04 2:45 PM EST
Pacific Ridge Selected for PDAC Core Shack; Financing
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that drill core from both the Kliyul copper-gold project ("Kliyul") and the RDP copper-gold project ("RDP") will be showcased at this year's PDAC core shack. Kliyul and RDP are located in northcentral B.C. (See Figure 1).Drill core from Kliyul and RDP will be on display Tuesday, March 5, and Wednesday, March 6,...
2024-02-22 7:00 AM EST
Pacific Ridge Intersects 110.0 M of 0.97% Copper Equivalent or 1.44 g/t Gold Equivalent Within 455.8 M of 0.43% Copper Equivalent or 0.63 g/t Gold Equivalent; Best Mineralized Interval of the 2023 Drilling Program at the Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from the final three diamond drill holes, KLI-23-067 to KLI-23-069, of the 2023 drilling program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") with drill hole KLI-23-068 intersecting 110.0 m of 0.97% copper equivalent ("CuEq") or 1.44 g/t gold equivalent ("AuEq") (0.27% copper, 1.03 g/t gold, and 1.55 g/t silver)...
2024-01-09 8:00 AM EST
Pacific Ridge Acquires 100% Interest in RDP Copper Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has exercised its option to acquire a 100% interest in the RDP copper-gold project ("RDP" or the "Project"). RDP is located in northcentral British Columbia, 40 km west of the Company's 100% owned flagship Kliyul copper-gold project ("Kliyul") (see Figure 1).In May 2021, the Company announced the option to acquire...
2024-01-03 8:00 AM EST
Induced Polarization Survey Results from Chuchi and Chuchi South Copper-Gold Projects Confirm the Potential for Several Large Porphyry Systems; Pacific Ridge Plans to Launch Inaugural Diamond Drill Program in 2024
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that the results from the 2023 induced polarization ("IP") survey confirmed the potential for several large porphyry systems at the Chuchi copper-gold project ("Chuchi") and the Chuchi South copper-gold project ("Chuchi South") (the "Projects"). The Company will use the results of the IP survey to further refine targets for its inaugural...
2023-12-12 8:00 AM EST
Pacific Ridge Intersects 111.0 M of 0.45% Copper Equivalent or 0.67 g/t Gold Equivalent Within 600.4 M of 0.27% Copper Equivalent or 0.40 g/t Gold Equivalent at the Kliyul Copper-Gold Project; Drilling Further Expands Known Extents of Kliyul Main Zone Mineralization
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from diamond drill holes KLI-23-063 to KLI-23-066 from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"). Drill hole KLI-23-065 intersected 111.0 m of 0.45% copper equivalent ("CuEq") or 0.67 g/t gold equivalent ("AuEq") (0.24% copper, 0.30 g/t gold, and 0.70 g/t silver) within 600.4 m 0.27%...
2023-12-05 8:00 AM EST
Pacific Ridge Hits Porphyry Copper-Gold Mineralization in All Three Diamond Drill Holes Completed at the RDP Copper-Gold Project; Step Out Drilling at Day Target Successful; New Discovery at Bird Target
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from this year's diamond drill campaign at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1). Antofagasta Minerals S.A. ("Antofagasta"), a wholly owned subsidiary of Antofagasta PLC (ANTO: LSE), can earn a 75%...
2023-11-23 8:00 AM EST
Pacific Ridge Almost Doubles Size of Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has almost doubled the size of the Kliyul copper-gold project ("Kliyul" or the "Project") from approximately 52 km2 to approximately 92 km2. The new mineral claims ("Claims") are contiguous and adjoin the western and southern side of Kliyul (see Figure 1). The Project is located in the prolific Quesnel Terrane...
2023-11-14 8:00 AM EST
Pacific Ridge Intersects 113.0 M of 0.48% Copper Equivalent or 0.71 g/t Gold Equivalent Within 485.7 M of 0.27% Copper Equivalent or 0.40 g/t Gold Equivalent at the Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from diamond drill holes KLI-23-059 to KLI-23-062 from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"). Drill hole KLI-23-062 returned 113.0 m of 0.48% copper equivalent ("CuEq") or 0.71 g/t gold equivalent ("AuEq") (0.22% copper, 0.36 g/t gold, and 1.65 g/t silver) within 485.7 m of...
2023-11-07 8:00 AM EST
Pacific Ridge's Common Shares Trading on the Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that its common shares are now trading on the Frankfurt Stock Exchange ("FSE") under the trading symbol "PQWN"."The FSE listing will help Pacific Ridge grow its German shareholder base as the Company continues to advance the Kliyul copper-gold project and the RDP copper-gold project," said Blaine Monaghan, President and CEO of Pacific...
2023-11-02 8:00 AM EDT
Pacific Ridge Intersects 103.5 M of 0.63% Copper Equivalent Within 388.5 M of 0.42% Copper Equivalent in Kliyul North Zone at Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce additional drill results, for holes KLI-23-055 to KLI-23-058, from this year's diamond drilling campaign at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") with drill hole KLI-23-058 intersecting 103.5 m of 0.63% copper equivalent ("CuEq") (0.18% copper, 0.66 g/t gold, and 0.93 g/t silver) within 388.5 m of 0.42% CuEq (0.18% copper,...
2023-10-10 8:00 AM EDT
Pacific Ridge Closes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed its oversubscribed non-brokered private placement (the "Offering") by issuing 3,672,667 units at a price of $0.18 per unit for aggregate gross proceeds to the Company of $661,080.06. Each unit consists of one common share of the Company and one common share purchase warrant, with each warrant entitling the holder to...
2023-09-28 3:57 PM EDT