Pacific Ridge Commences Field Work on Kliyul Gold-Copper Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that field work has commenced on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The program includes an Induced Polarization geophysical surveying as well as geological and alteration mapping and geochemical sampling. The...
2020-09-09 8:13 AM EDT
Pacific Ridge Closes First Tranche of Flow Through Financing
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the first tranche of its previously announced flow-through private placement by issuing 2,569,999 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $192,750. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of...
2020-08-28 8:00 AM EDT
Pacific Ridge Receives Permit Approval for Kliyul Gold-copper Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has received its exploration permit approval from the BC Ministry of Energy Mines and Petroleum Resources for its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. This is a three-year area-based permit covering surface...
2020-08-20 8:00 AM EDT
Pacific Ridge Closes First Tranche of Flow Through Financing
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the first tranche of its previously announced flow-through private placement by issuing 2,569,999 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $192,750. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of...
2020-08-18 8:00 AM EDT
Pacific Ridge Provides Update on Kliyul and Redton Properties
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has now filed technical reports with respect to the previously-announced acquisitions of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia, as required by the TSX Venture Exchange. The Company has now satisfied all requirements to receive final TSX Venture Exchange acceptance of...
2020-07-21 7:00 PM EDT
Pacific Ridge Announces Flow Through Financing
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it is proposing to issue up to 4,000,000 units in a flow-through private placement at a price of $0.075 per unit ("FT Unit") for gross proceeds of $300,000. Each FT Unit will be comprised of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (an "FT Unit Share") and...
2020-07-14 8:00 AM EDT
Pacific Ridge Retains Investor Relations Consultant
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has retained Freeform Communications Inc. ("Freeform"), a full service investor relations firm based in Vancouver, British Columbia. With over 90 years of combined experience, specializing in a full range of investor relations and capital market services, Freeform has represented a wide array of public and private clients and has...
2020-07-03 2:02 PM EDT
Pacific Ridge Announces Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that the following directors were re-elected at its Annual General Meeting held June 25, 2020: Gerald Carlson, Blaine Monaghan and Bruce Youngman. In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan pursuant to which...
2020-06-26 8:00 AM EDT
Pacific Ridge Completes Geophysical Interpretation and 3-D Modeling on Its Kliyul Au-Cu Porphyry Project, BC
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has completed a reinterpretation of historical geophysical surveys, including several campaigns of ground magnetics and induced polarization ("IP") surveys and an airborne magnetic survey completed by Geoscience BC over its Kliyul Au-Cu porphyry prospect, north-central BC. This interpretation has been integrated with known surface...
2020-06-18 8:30 AM EDT
Pacific Ridge Provides Update on Kliyul and Redton Properties
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that the previously-announced acquisition of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia (the "Properties") has received acceptance of the TSX Venture Exchange subject to the filing of technical reports. The technical reports are expected to be filed in late June once the weather...
2020-05-11 10:35 AM EDT
Pacific Ridge Announces Amended Fyre Lake Terms and $250,000 Cash Payment
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has agreed to amended payment terms to its agreement with BMC Minerals (No. 1) 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 $1.22 million was due upon BMC obtaining production financing...
2020-04-16 8:30 AM EDT
Pacific Ridge Announces Revised Terms for Kliyul and Redton Options
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2020) - Pacific Ridge Exploration Ltd. (TSX Venture: PEX) ("Pacific Ridge" or the "Company") announces that it has arranged a revision of the terms with Aurico Metals Inc. ("Aurico"), a wholly owned subsidiary of Centerra Gold Inc., for the option to acquire up to a 75% interest in the Kliyul and Redton gold-copper porphyry projects (the "Properties"), British Columbia, originally announced January 17, 2020. In light of the current...
2020-04-14 8:30 AM EDT
Pacific Ridge Appoints Vice President Exploration and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of Danette Schwab as Vice President Exploration of the Company. Ms. Schwab is a Professional Geoscientist registered in British Columbia. She obtained a Bachelor of Science degree (Earth Science) from Simon Fraser University in 2001. Ms. Schwab has 18 years of experience in mining and mineral exploration and is...
2020-03-17 8:30 AM EDT
Pacific Ridge Announces Gold-Copper Acquisition in British Columbia
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has signed an earn-in agreement with Aurico Metals Inc. ("Aurico"), a wholly owned subsidiary of Centerra Gold Inc. to acquire up to a 75% interest in the Kliyul and Redton copper-gold porphyry projects, British Columbia (the "Properties"). "We are excited about the discovery potential of these very well-located projects, within a...
2020-01-17 2:33 PM EST
Pacific Ridge Announces 9.751 gpt Gold Grab Sample, Hackly Zone, Mariposa Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on a mapping and surface sampling program on its Mariposa Gold project, White Gold District, Yukon. Mariposa is a 280 km2 property covering the prolific Scroggie and Mariposa placer gold creeks, 30 km east of Newmont Goldcorp's Coffee Gold Project. Seven samples collected from float of quartz vein and stockwork material at the Hackly Zone...
2019-09-12 8:30 AM EDT
Pacific Ridge Announces Spius Drill Results
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports results from the four-hole, 1,087 m drill program on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. The highest-grade mineralization was intersected at the bottom of hole SP-19-03, drilled at the northern end of the Copper Zone,...
2019-08-02 8:30 AM EDT
Pacific Ridge Announces the Passing of Gordon Davis
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") regrets to announce the passing of Chairman of the Board and Director R.E. Gordon Davis. Mr. Davis enjoyed a long and successful career as a geologist and mining entrepreneur, accomplishing many notable achievements, including co-discoverer of Yukon's Faro Pb-Zn-Ag deposit and the discovery of the Camino Rojo Au-Ag deposit in Mexico with his company...
2019-07-29 12:34 PM EDT
Pacific Ridge Announces Completion of Drilling at Spius, Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has successfully completed four NQ core holes for 1,087 m on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. Assays from the drill program will be released when they are received, expected to be in four to six weeks. The drilling...
2019-06-21 8:30 AM EDT
Pacific Ridge Announces Commencement of Drilling at Spius
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that drilling has commenced on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program will consist of four to six holes and is being conducted by Paycore Enterprises Ltd. of Valemount, B.C. The drilling will target copper soil anomalies that correlate with zones of enhanced IP chargeability with high...
2019-06-05 8:30 AM EDT
Pacific Ridge Announces 2019 Drill Plans for the Spius Copper Project
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on a planned 1,250 m drill program for its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program is planned for June 2019 and will consist of four to six holes. The drilling will target copper soil anomalies supported by zones of enhanced IP chargeability with high resistivity. The...
2019-03-21 8:30 AM EDT