Pacific Ridge Exploration Ltd. is pleased to announce its plans to issue up to 10,000,000 units in a non-brokered private placement at a price of $0.15 per unit for gross proceeds of up to $1,500,000 . Crescat Capital LLC intends to acquire 7,000,000 of the Units. "We are encouraged by this unique copper and gold system. It appears to have higher grades than other big porphyry projects in British Columbia," commented [...]
Pacific Ridge Exploration Ltd. announces that it has granted incentive stock options to various directors, officers, and consultants to purchase 850,000 common shares at an exercise price of $0.105 per share exercisable for a period of five years. The options granted to various directors and officers vest immediately. The 200,000 stock options granted to G2 Consultants, an investor relations consultant, will vest 25% each [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the Company has closed the previously announced flow-through private placement by issuing 8,000,000 units at a price of $0.142 per unit for gross proceeds of $1,136,000. DELPHI Unternehmensberatung AG acquired all of the FT Units. Proceeds from this Financing will be used to drill the Kliyul copper-gold project, located in British Columbia, this summer. "I would [...]
Pacific Ridge Exploration Ltd. is pleased to announce the appointment of James M. Logan, P.Geo., to its newly formed Technical Advisory Committee. In addition to Jim, the Committee includes Borden Putnam III , an independent director, Dr. Craig Hart, a technical advisor, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration. The Committee will utilize their wealth of knowledge to interpret [...]
Pacific Ridge Exploration Ltd. announces its plans to issue up to 8,000,000 units in a flow-through private placement at a price of $0.142 per unit for gross proceeds of $1,136,000. DELPHI Unternehmensberatung Aktiengesellschaft intends to acquire all of the FT Units. "I would like to thank DELPHI for their vote of confidence," said Blaine Monaghan, President and CEO of Pacific Ridge. "With this investment, DELPHI will [...]
Pacific Ridge Exploration Ltd. is pleased to announce that Borden Putnam III has been appointed to the Company's Board of Directors. Mr. Putnam is a Professional Geologist with over 40-years of mineral exploration experience, predominantly as an asset analyst and geologist in the mineral industry, and as a buy-side analyst at several U.S.-based mutual and hedge funds. "I'm very pleased to welcome Borden as an independent [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the Company has entered into a consulting agreement with G2 Consultants Corp. , a financial public relations firm, to increase Pacific Ridge's profile within the financial community. "I worked with G2 when I was a member of Canplats Resources Corporation's senior management team," said Blaine Monaghan, CEO of Pacific Ridge. "Canplats discovered the Camino Rojo [...]
Pacific Ridge Exploration Ltd. is pleased to announce that Blaine Monaghan has been appointed President and Chief Executive Officer of the Company. Dr. Gerald G. Carlson, the former President and CEO, has been appointed Executive Chairman of the Company and retains responsibility for Pacific Ridge's technical programs. "This is an important step forward for Pacific Ridge," stated Dr. Gerry Carlson, Executive Chairman of [...]
Pacific Ridge Exploration Ltd. reports on results of a single diamond drill hole, RTN-20-01, located 2.5km north of the Kwanika Central Zone at the road accessible Redton North target. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident copper-molybdenum soil anomaly located 2.5 km north of Serengeti Resources Inc.'s Kwanika Central Zone deposit1. The drill hole encountered a [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the results of its 2020 geophysical survey have demonstrated the potential to expand porphyry gold and copper mineralization at the Kliyul Main Zone and has outlined two new adjacent targets, Kliyul East and Kliyul West. Neither of the two new targets have previously been drilled. The Kliyul Main Zone, Kliyul East and Kliyul West are defined by moderate to high [...]
Pacific Ridge Exploration Ltd. reports that it has entered into an Exploration Agreement with Takla Nation and Tsay Keh Dene First Nation . The Agreement establishes a mutually beneficial and cooperative relationship whereby communication and collaboration between Takla, TKD and Pacific Ridge are key factors, providing the parties certainty in their relationship throughout the advancement of the Kliyul project. The [...]
Pacific Ridge Exploration Ltd. reports that it has arranged for the option of its Spius copper porphyry prospect, located 40 km southwest of Merritt, British Columbia, to Arctic Fox Interactive Ltd. Arctic Fox can earn a 60% interest in the Property by making payments of $50,000, issuing 1,000,000 shares and spending $550,000 on exploration by December 31, 2022. It is expected that Arctic Fox's work program will include a [...]