Pacific Ridge Announces 2022 Exploration Plans; All Five Copper-Gold Porphyry Projects to Be Advanced This Summer
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that all five of the Company's copper-gold porphyry projects will be advanced in 2022, including 6,000 m of diamond drilling at its flagship Kliyul copper-gold project ("Kliyul") and 1,500 m of diamond drilling at the RDP copper-gold project ("RDP"). All of Pacific Ridge's copper-gold porphyry projects are located in...
2022-06-01 7:00 AM EDT
Pacific Ridge Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2022) - 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 2,550,000 common shares of the Company at an exercise price of CAD$0.36 per share, exercisable for a period of five years. The options granted to various officers, directors, and employees will vest immediately. The 100,000 stock...
2022-05-12 7:00 AM EDT
Pacific Ridge Acquires Chuchi Porphyry Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 9, 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 AuRico Metals Inc., a wholly owned subsidiary of Centerra Gold Inc. ("Centerra"), to acquire up to a 75% interest in the Chuchi porphyry copper-gold project ("Chuchi" or the "Project"), located in the prolific Quesnel Trough, north central British Columbia (see Figure 1). "We...
2022-05-09 7:00 AM EDT
Pacific Ridge Closes $7.4 Million Financing; Size of Drill Program at Kliyul Copper-Gold Project to Be Increased
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced "best efforts" brokered private placement (the "Financing") with M Partners Inc. and Red Cloud Securities Inc., co-lead agents and joint book runners ("Agents"), and raised a total of $7,431,200 through the issuance of 19,150,000 charity flow-through units ("CFT Units")...
2022-04-22 7:00 AM EDT
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...
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...
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...
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 1 2021 Kliyul assay results summary Hole
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
2021-06-07 1:00 PM EDT