Pacific Ridge Completes over 11,700 M of Diamond Drilling at Kliyul and RDP Copper-Gold Projects
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the Company completed 10,284 m of diamond drilling at its 100% owned Kliyul copper-gold project ("Kliyul") and 1,428 m at the RDP copper-gold project ("RDP"). Kliyul is located in the prolific Quesnel Terrane, close to existing infrastructure, and RDP is located 40 km to the west of Kliyul in the Stikine Terrane (see...
2023-09-21 8:00 AM EDT
Geophysics Program Underway at Pacific Ridge's Chuchi Copper-Gold Project and Onjo Copper-Gold Project; Financing
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that an induced polarization ("IP") survey is underway at the Company's Chuchi copper-gold project ("Chuchi") and the Onjo copper-gold project ("Onjo"). Both projects are located in the prolific Quesnel Terrane in northcentral B.C. (See Figure 1 for a location map)."Although we weren't able to drill Chuchi this year due to fires, we are pleased...
2023-09-13 8:30 AM EDT
Drilling Underway at Pacific Ridge's RDP Copper-gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Pacific Ridge Exploration Ltd. (TXSV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling is underway 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., a wholly owned subsidiary of Antofagasta PLC (LSE: ANTO), can earn a 75% interest in RDP by spending $10,000,000...
2023-08-28 8:00 AM EDT
Pacific Ridge Intersects 305.5 M of 0.62% Copper Equivalent Within 540.3 M of 0.46% Copper Equivalent at the Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the first four diamond drill holes (KLI-23-51 to KLI-23-054) from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") intersected significant copper-gold mineralization with drill hole KLI-23-054 returning 305.5 m of 0.62% copper equivalent ("CuEq") (0.23% copper, 0.51 g/t gold, and 1.22 g/t silver) within 540.3 m of 0.46%...
2023-08-23 8:00 AM EDT
Exploration Underway at Pacific Ridge's RDP Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that exploration is underway 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 (LSE: ANTO), can earn a 75% interest in RDP by spending...
2023-08-03 8:00 AM EDT
Drill Program at Kliyul Copper-Gold Project to Be Increased from 7,000 M to 9,000 M; Largest Ever Drill Program
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it is increasing the size of the diamond drill program at its 100% owned Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in north-central British Columbia, from 7,000 m to 9,000 m. This will be the largest ever drill program to take place at Kliyul.The Company is reallocating...
2023-07-25 8:00 AM EDT
Pacific Ridge Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting ("AGM") held June 27, 2023: Gerald Carlson (Executive Chairman), Blaine Monaghan (President & CEO), Bruce Youngman (an independent director), Borden Putnam III (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor...
2023-06-28 8:00 AM EDT
Drilling Underway at Pacific Ridge's Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling is underway at the Company's 100% owned Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in north-central British Columbia (see Figure 1). Pacific Ridge plans to complete 7,000 m of diamond drilling at Kliyul this year. "The 7,000 m drill program at Kliyul will be focused...
2023-06-22 8:00 AM EDT
Pacific Ridge Mobilizes Field Crews to Kliyul Copper-Gold Project; the First of Three Copper-Gold Projects to Be Drilled This Year
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that field crews have been mobilized to its 100% owned Kliyul copper-gold project ("Kliyul"), located in the prolific Quesnel Trough in north-central British Columbia. The Company plans to complete 7,000 m of diamond drilling at Kliyul this year. Additionally, Pacific Ridge is planning a 2,000 m diamond drill program at the Chuchi copper-gold project...
2023-06-14 8:00 AM EDT
Pacific Ridge Plans 7,000 Metre Drill Program at Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the Company's 2023 exploration plans for its 100% owned Kliyul copper-gold porphyry project ("Kliyul"), located in the prolific Quesnel Trough in northcentral British Columbia (see Figure 1). The exploration program will have two main objectives, 1) to expand the size of the Kliyul Main Zone ("KMZ") mineralized body to the southeast and into neighbouring fault...
2023-05-25 8:00 AM EDT
Pacific Ridge Acquires 100% Interest in Kliyul and Redton Copper-Gold Projects
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has reached an agreement with AuRico Metals Inc. ("AuRico"), a wholly owned subsidiary of Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ("Centerra"), to acquire a 100% interest in the Kliyul and Redton copper-gold porphyry projects (the "Projects") by issuing 16,996,099 common shares to AuRico (the "Agreement"). The Projects are located in...
2023-05-10 3:21 PM EDT
Pacific Ridge Receives Final Payment for Fyre Lake
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has received a $400,000 cash payment from BMC Minerals Ltd. ("BMC") for the Company's Fyre Lake property, located in the Yukon. This was BMC's final payment to acquire a 100% interest in Fyre Lake. The Company will be paid a further $1,000,000 when BMC's Kudz Ze Kayah property has reached commercial production...
2023-03-29 8:00 AM EDT
Pacific Ridge More than Doubles Size of Land Position at Chuchi with the Acquisition of the Chuchi South Porphyry Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has acquired an option to earn up to a 75% interest in the Chuchi South property ("Chuchi South" or the "Property") from American Copper Development Corporation (TSXV: ACDX) ("ACDX") and prospector Ronald Bilquist ("Bilquist"). The Property adjoins Pacific Ridge's Chuchi porphyry copper-gold project ("Chuchi") on the south and west. Combined, Chuchi and...
2023-03-06 8:00 AM EST
Pacific Ridge Receives $600,000 from Delphi
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has received $600,000 from DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") through the exercise of all the 4,000,0000 warrants priced at $0.15 per warrant. The warrants were issued pursuant to a financing that closed on March 5, 2021 (the "Financing"). DELPHI was the sole participant in the Financing."I would like to thank DELPHI for...
2023-02-28 8:00 AM EST
Pacific Ridge Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has granted incentive stock options to various officers, directors, employees, and consultants to purchase 2,575,000 common shares of the Company at an exercise price of CAD$0.30 per share, exercisable for a period of five years. The options granted to various officers, directors, and employees will vest immediately. The 150,000 stock options granted to both Westlake Capital and G2...
2023-02-01 6:38 PM EST
Pacific Ridge Intersects 89.0 M of 1.06% Copper Equivalent Within 328.0 M of 0.67% Copper Equivalent at Kliyul Copper-Gold Project; Materially Increases Size of Mineralized Body
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the remaining results from the 2022 diamond drill program completed at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia. Highlights:Drill hole KLI-22-050 returned 89.0 m of 1.06% copper equivalent ("CuEq") (0.28% copper, 1.05 g/t gold, and 1.20 g/t silver) within 328.0 m of 0.67%...
2023-01-18 8:00 AM EST
Pacific Ridge Intersects High-grade Copper-Gold Mineralization in Every Drill Hole at RDP's Day Zone Including 59.4 M of 1.68% Copper Equivalent
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the remaining results from the 2022 drill program completed at the RDP copper-gold project ("RDP" or the "Project"), including drill hole RDP-22-003, which returned 59.4 m of 1.68% copper equivalent ("CuEq") from the Day Zone. RDP is located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see...
2023-01-09 8:00 AM EST
Pacific Ridge Receives $500,000 Fyre Lake Payment
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has amended payment terms with BMC Minerals Ltd. ("BMC") for the option to purchase the Company's Fyre Lake property, located in the Yukon, and has received a $500,000 cash payment.Previously, the final payment of $850,000 to Pacific Ridge was due by December 31, 2022 (see news release dated December 31, 2021). As renegotiated, BMC...
2022-12-28 8:30 AM EST
Pacific Ridge Announces Closing of C$6.0M Bought Deal Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the "Offering") of flow-through units of the Company (each, a "FT Unit") underwritten by Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters comprised of Beacon Securities Limited and M Partners Inc. (collectively, the "Underwriters"). Pursuant...
2022-12-19 11:44 AM EST
Pacific Ridge Identifies New Porphyry Targets at Onjo Copper-Gold Project; Drill Results Update
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the 2022 exploration program at the Onjo copper-gold project ("Onjo" or the "Project"), located 10 km west of Centerra Gold Inc.'s ("Centerra") Mount Milligan mine in northcentral B.C., identified three new porphyry copper-gold targets. The exploration program at the Project consisted of prospecting, geological mapping, a soil sampling program and ZTEM airborne...
2022-12-13 8:00 AM EST