Pacific Ridge Announces Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement with M Partners Inc. and Red Cloud Securities Inc., as co-lead agents and joint book runners ("Agents"), in connection with a "best efforts" brokered private placement offering of up to $6,398,000 (the "Offering").Proceeds from this Offering will be used for the planned 5,000-metre diamond drill program at...
2022-03-17 12:08 PM EDT
Pacific Ridge Secures Drill Contractor for 5,000 Metre Diamond Drill Program at the Kliyul Copper-Gold Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has hired Dorado Drilling Ltd., based in Vernon, B.C., as its diamond drill contractor for the planned 5,000 metre drill campaign at the Company's Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest B.C. (see Figure 1)."We are very pleased to have secured our preferred drill...
2022-03-14 7:00 AM EDT
Pacific Ridge Announces Participation in Red Cloud's 2022 Very Pre-PDAC Mining Showcase; Acquires Additional Onjo Claims
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it will be presenting at Red Cloud's 2022 Very Pre-PDAC Mining Showcase. What: Red Cloud's 2022 Very Pre-PDAC Mining Showcase, March 2-4, 2022.When: Pacific Ridge's presentation is on March 3rd at 1:00 pm Eastern Standard time.Who: Blaine Monaghan, President & CEO, will be presenting.Where: For more information and/or to register, please visit: https://www.redcloudfs.com/prepdac2022/Onjo ClaimsPacific...
2022-02-28 7:00 AM EST
Pacific Ridge Reports Last Drill Hole from the 2021 Drill Program at the Kliyul Copper-Gold Porphyry Project; Announces Plans for an Expanded Drill Program in 2022
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from drill hole KLI-21-038 (see Table 1), the third and last diamond drill hole ("DDH") completed in 2021 at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest B.C. (see Figure 1). Table 12021 Kliyul assay results summaryHole
2022-02-15 7:00 AM EST
Pacific Ridge Options the RDP Copper-Gold Project to Antofagasta
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has signed an earn-in agreement (the "Agreement") with Antofagasta Minerals S.A. ("Antofagasta"), a wholly-owned subsidiary of Antofagasta PLC (LSE: ANTO), on the RDP copper-gold project ("RDP" or the "Project"), located in north-central British Columbia (see Figure 1). The Agreement grants Antofagasta an option to acquire a 75% interest in the Project by...
2022-02-08 7:00 AM EST
Pacific Ridge Acquires Onjo Copper-Gold Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has acquired a 100% interest in the Onjo copper-gold porphyry project ("Onjo" or the "Project"), located in the prolific Quesnel Trough, north central British Columbia (see Figure 1), from Orogen Royalties Inc.Accessible via a network of forestry roads, Onjo is over 9,700 hectares in size and is located 10 km west of...
2022-02-03 7:00 AM EST
Pacific Ridge's Second Drill Hole at the Kliyul Copper-Gold Porphyry Project Returns More than 566 Metres of 0.48% Copper Equivalent or 0.76 Grams per Tonne Gold Equivalent, Including 316.7 Metres of 0.75% Copper Equivalent or 1.17 Grams per Tonne Gold Equivalent
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from drill hole KLI-21-037, the second of three diamond drill holes completed during the 2021 drilling campaign at the Company's Kliyul porphyry copper-gold project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1). Drill hole KLI-21-037 highlights:566.7 m of 0.48% copper equivalent (CuEq) or 0.76...
2022-01-31 8:00 AM EST
Pacific Ridge Announces Amended Fyre Lake Terms and $250,000 Cash Payment
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has agreed to amended payment terms to its agreement with BMC Minerals Ltd. ("BMC") for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016. Previously, the final payment to Pacific Ridge of $1.0 million was due upon BMC obtaining production financing for its Kudz Ze Kayah project,...
2021-12-29 8:00 AM EST
Pacific Ridge Intersects 437 Metres of 0.61% CuEq or 0.96 g/t AuEq, Including 291.7 Metres of 0.75% CuEq or 1.18 g/t AuEq, in First Drill Hole at Kliyul Copper-Gold Project; Best Kliyul Interval Ever
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from the first of three diamond drill holes completed during the 2021 drilling campaign at the Company's Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1). Drill hole KLI-21-036 highlights:437.0 m of 0.61% copper equivalent (CuEq) or 0.96 g/t gold equivalent...
2021-12-01 8:00 AM EST
Pacific Ridge Completes Drilling Program at Kliyul with Copper and Gold Porphyry-Style Mineralization Intersected in All Holes
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed its maiden diamond drill ("DDH") program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia.Highlights:All of the drill holes encountered classic copper-gold porphyry-style mineralization consisting of sulphides pyrite, chalcopyrite and lesser bornite in veins and as disseminations.Mineralization at the Kliyul...
2021-09-22 8:00 AM EDT
Drilling Underway at Pacific Ridge's Kliyul Copper Gold Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program is now underway at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1). The Company plans to drill a minimum of 2,500 metres testing the Kliyul Main Zone ("KMZ") and two newly defined adjacent targets, Kliyul East...
2021-08-05 8:00 AM EDT
Pacific Ridge's Common Shares Trading on The OTCQB; Kliyul Copper-Gold Project Update
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that its common shares are now trading on the OTC Venture Market ("OTCQB") under the ticker symbol "PEXZF". B. Riley Securities acted as the Company's OTCQB sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing...
2021-07-30 8:00 AM EDT
Pacific Ridge Applies to Trade on the OTCQB; European Marketing Consultant Retained; Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has submitted its application to trade its common shares on the OTC Venture Market ("OTCQB"). "The OTCQB listing will help Pacific Ridge grow its U.S. shareholder base as the Company advances the Kliyul copper-gold project," said Blaine Monaghan, President and CEO of Pacific Ridge. "The fully funded drill program at Kliyul...
2021-07-15 8:00 AM EDT
Pacific Ridge Announces Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting held June 24, 2021: Gerald Carlson, Blaine Monaghan, 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 of the Company and approved the...
2021-06-25 8:00 AM EDT
Pacific Ridge Announces 2021 Exploration Plans; Drilling to Start Next Month at the Kliyul Copper-Gold Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") plans to launch a fully funded 2,500 metre diamond drill program at the Kliyul copper-gold project ("Kliyul" or the "Project") this July. The Company also plans to conduct exploration at the RDP copper-gold project and the Redton copper-gold project. All three projects are located in the prolific Quesnel Trough in northwestern British Columbia (see Figure 1)."Pacific Ridge's...
2021-06-17 8:00 AM EDT
Drilling Commences at Pacific Ridge's Spius Porphyry Copper Project
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to report that a 550-metre drill program has commenced at its Spius copper porphyry project ("Spius" or the "Property"). The Property is located 40 km southwest of Merritt, British Columbia, and is currently under option to Arctic Fox Ventures Inc. Drilling will test below the high-grade surface showing area, where grab samples of mineralized porphyry from...
2021-06-07 1:00 PM EDT
Pacific Ridge Closes $1.5 Million Financing for Summer Drill Program at Kliyul Copper Gold Project; Crescat Lead Order
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement by issuing 10,000,000 units at a price of $0.15 per unit ("Unit") for gross proceeds of $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") acquired 7,000,000 of the Units.Proceeds from the Financing will be used for a 2,500-metre diamond drill program at Pacific Ridge's flagship Kliyul copper-gold...
2021-06-04 8:00 AM EDT
Pacific Ridge Nominates Mining Industry Veteran to Stand for Election to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that mining industry veteran Gary Baschuk will stand for election to the Company's board of directors at the annual general meeting to be held on June 24, 2021."Gary Baschuk is a well-known and well-respected member of the mining industry," said Blaine Monaghan, President and CEO of Pacific Ridge. "Attracting someone of Gary's calibre to Pacific Ridge's...
2021-05-26 8:00 AM EDT
Pacific Ridge Adds Geophysical Expert to Newly Formed Technical Advisory Committee
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of Dan Core, Ph.D., to its Technical Advisory Committee (the "Committee"). In addition to Dan, the Committee includes Borden Putnam III (Committee Chair), an independent director, Craig Hart and Jim Logan, technical advisors, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration. Dan will assist the Committee in evaluating and interpreting the...
2021-05-11 8:00 AM EDT
Pacific Ridge Continues to Build Its Portfolio of BC Copper Gold Projects with the Acquisition of the RDP Project
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement to acquire 100% of the RDP copper-gold porphyry project in central British Columbia, approximately 40 km west of its flagship Kliyul copper-gold project (see Figure 1). "With the acquisition of RDP, Pacific Ridge now has three drill-ready copper-gold projects in its property portfolio," said Blaine Monaghan, President and CEO...
2021-05-04 8:00 AM EDT