Pacific Ridge Exploration Ltd.

Recent News

Pacific Ridge Intersects 588.0 M of 0.41% Copper Equivalent or 0.56 g/t Gold Equivalent, Including 278.0 M of 0.67% Copper Equivalent or 0.92 g/t Gold Equivalent from the Kliyul Copper-Gold Project

Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drill hole KLI-22-041 returned 588.0 m of 0.41% copper equivalent ("CuEq") or 0.56 g/t gold equivalent ("AuEq"), including 278.0 m of 0.67% CuEq or 0.92 g/t AuEq, from the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia....

2022-11-16 7:00 AM EST

Pacific Ridge Intersects 497.2 M of 0.66% Copper Equivalent or 0.96 g/t Gold Equivalent, Including 107.2 M of 1.41% Copper Equivalent or 2.04 g/t Gold Equivalent from the RDP Copper-Gold Project

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drill hole RDP-22-005 returned 497.2 m of 0.66% copper equivalent ("CuEq") or 0.96 g/t gold equivalent ("AuEq"), including 107.2 m of 1.41% CuEq or 2.04 g/t AuEq, from the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul...

2022-10-25 7:00 AM EDT

Pacific Ridge Completes 2022 Drill Program at the Kliyul Copper-Gold Project; Expands Kliyul Porphyry Copper-Gold Footprint

Vancouver, British Columbia--(Newsfile Corp. - September 27, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed the 2022 diamond drill program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia (see Figure 1). The Company completed 7014.7 m of drilling in 12 holes, the largest ever drill program at the Project,...

2022-09-27 7:00 AM EDT

Pacific Ridge Closes $780,000 Financing with Crescat and DELPHI

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - 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 (see news release dated September 4, 2022) with Crescat Capital LLC and DELPHI Unternehmensberatung Aktiengesellschaft, the Company's two largest shareholders. Pacific Ridge issued 3,391,304 units at a price of $0.23 per unit ("Unit") for gross...

2022-09-22 11:27 AM EDT

Crescat, Delphi to Fund Additional Drilling at Pacific Ridge's Kliyul Copper-Gold Project

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") plans to increase the size of the previously announced non-brokered private placement (see news release dated September 2, 2022) by 1,000,000 units to 3,391,305 units at a price of $0.23 per unit ("Unit") for gross proceeds of up to $780,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft, Pacific Ridge's second largest...

2022-09-04 3:56 PM EDT

Pacific Ridge to Increase Size of Drill Program at the Kliyul Copper-Gold Project

Vancouver, British Columbia--(Newsfile Corp. - September 2, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce its plans to increase the size of the diamond drill program currently underway at the Kliyul copper-gold project ("Kliyul"), located in northcentral B.C., from 6,000 m to 6,800 m. The Company will fund the additional drilling through the issuance of up to 2,391,305 units in a non-brokered private placement at a price of $0.23...

2022-09-02 3:38 PM EDT

Pacific Ridge Completes Drill Program at RDP Copper-Gold Project

Vancouver, British Columbia--(Newsfile Corp. - September 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has completed its first ever diamond drill program at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia (see Figure 1). The Company completed 1,861 m of drilling at RDP in six drill holes. The RDP drill program is being funded by Antofagasta Minerals...

2022-09-01 12:31 PM EDT

Pacific Ridge Completes ZTEM Airborne Geophysical Surveys at Chuchi and Onjo Copper-Gold Porphyry Projects; Precious Metals Summit Beaver Creek

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed ZTEM airborne geophysical surveys at the Chuchi and Onjo copper-gold porphyry projects located to the west of Centerra Gold Inc.'s ("Centerra") (TSX: CG) (NYSE: CGAU) Mount Milligan mine in northcentral B.C. (please see Figure 1).The geophysical surveys at Chuchi and Onjo (720 line-km at...

2022-08-16 7:00 AM EDT

Drilling Underway at Pacific Ridge's RDP Copper-Gold Project; Kliyul Copper-Gold Drilling Update

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling has commenced at its RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia (see Figure 1). The planned 1,500 m diamond drill program is being funded by Antofagasta Minerals S.A. ("Antofagasta"), a subsidiary of Antofagasta PLC, who can earn a 75% interest in the...

2022-08-09 7:00 AM EDT

Largest Ever Drill Program at the Kliyul Copper-Gold Porphyry Project Underway

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program at the Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in northcentral B.C. (see Figure 1), began last week.The planned 6,000 m program at Kliyul is utilizing two diamond drill rigs and will be the largest ever drill campaign at the...

2022-07-11 7:30 AM EDT

Field Crews Mobilized to Pacific Ridge's Kliyul and RDP Copper-Gold Porphyry Projects

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that field crews have been mobilized to the Kliyul copper-gold project ("Kliyul") and that camp construction is underway. The exploration camp at Kliyul will also support exploration activities at the RDP copper-gold project ("RDP"), which is located 40 km to the west (see Figure 1).Pacific Ridge anticipates that...

2022-06-29 7:00 AM EDT

Pacific Ridge Announces AGM Results

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2022) - 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 held June 23, 2022: 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...

2022-06-24 7:00 AM EDT

Pacific Ridge Announces Appointment of Chief Geologist

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of C. Paul Jago as Chief Geologist of the Company.Mr. Jago has nearly 20 years' experience in mining and mineral exploration in Canada and the U.S. with a focus on porphyry systems. Most recently, Paul worked for Centerra Gold Inc. ("Centerra") as Exploration Manager, Generative - North America....

2022-06-14 7:00 AM EDT

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 have...

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

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