Pacific Ridge Exploration Ltd.

Pacific Ridge Exploration Ltd. has granted incentive stock options under its 10% rolling stock option plan to certain directors, officers and consultants of the Company to purchase a total of 1,050,000 common shares at $0.05 per share exercisable for a period of five years. About Pacific Ridge Pacific Ridge has assembled a portfolio of highly-prospective gold and base metal projects located in the Yukon and British [...]

Pacific Ridge Exploration Ltd. announces that it has received a $1.2 million option payment from BMC Minerals Ltd. according to the amended purchase option agreement for its Fyre Lake project as announced December 21, 2018. The final $1.22 million payment required to exercise the option must be paid upon BMC obtaining production financing for its Kudz Ze Kayah project, Yukon, but in any event no later than December 31 [...]

Pacific Ridge Exploration Ltd. announces that it has agreed to amended payment terms to its agreement with BMC Minerals Ltd. for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016. The final payment to Pacific Ridge of $2.42 million, due on the second anniversary of the closing of the original agreement , will now be made in two tranches, with $1.2 [...]

Pacific Ridge Exploration Ltd. reports on the results of an Induced Polarization geophysical survey and soil geochemical survey on its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The soil survey confirmed earlier sampling results and defined a central copper soil anomaly, 900 m by 750 m and open to the south, ranging from 100 ppm to plus 4,000 ppm Cu. The IP survey [...]

Pacific Ridge Exploration Ltd. announces that Dr. Craig Hart has been appointed Technical Advisor to the Company. Dr. Hart is currently the Director of MDRU-Mineral Deposit Research Unit at The University of British Columbia where he initiates and facilitates a wide range of mineral exploration industry-sponsored research projects focused on gold and porphyry systems, regional metallogeny and exploration methods, and [...]

Pacific Ridge Exploration Ltd. provides an exploration update on its Gold Cap, RC Gold and Spius projects: RC Gold, Tintina Gold Belt, Yukon The target at RC Gold is an Intrusion Related Gold deposit. The 2018 field program included prospecting and mapping, soil sampling and an Induced Polarization geophysical survey. The property is road accessible, at the headwaters of Clear Creek, in the heart of the Tintina Gold Belt [...]

Pacific Ridge Exploration Ltd. announces that field work has been completed on its Gold Cap and RC Gold projects, Yukon. At the 100% owned Gold Cap project in the White Gold District, Ground Truth Exploration of Dawson completed 368 deep penetrating GT Probe samples at a 5 m spacing. Ground Truth also collected 168 regular soil samples as well as geological mapping and prospecting. The work focused on two previously [...]

Pacific Ridge Exploration Ltd. announces that field work is underway on its 100% owned Gold Cap project, White Gold District, Yukon. The work is being carried out by Ground Truth Exploration of Dawson and includes deep penetrating GT Probe soil sampling, geological mapping and prospecting, focusing on previously identified targets defined by anomalous gold in soils. The objective of the program is to define targets for [...]

Pacific Ridge Exploration reports on the results of its Annual General Meeting held June 20, 2018. Gerald Carlson, Gordon Davis, Blaine Monaghan and Bruce Youngman were elected to the board. At the Annual General Meeting, shareholders also ratified the Company's rolling stock option plan and re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company. 2018 Exploration Plans Gold Cap, Yukon [...]

Pacific Ridge Exploration is pleased to announce that six of its projects will see active exploration programs during the 2018 field season. Spius Cu-Mo-Au Porphyry: The Spius property was explored for its porphyry copper potential in the 1960's and early 1970's. Exploration focused on a gossan area where work included an IP survey, trenching and 27 percussion and core drill holes located around the periphery of the [...]