Pacific Ridge Exploration is pleased to announce that it has agreed to option its Eureka Dome property to Trifecta Gold. Trifecta can earn a 70% interest in the property by making payments of $200,000, issuing 1,000,000 shares and completing $2.5 million in exploration by December 31, 2022. Once this interest has been earned, Trifecta and Pacific Ridge will form a 70:30 joint venture to further explore and develop the [...]
Pacific Ridge Exploration has granted incentive stock options under its 10% rolling stock option plan to certain directors and officers of the Company to purchase a total of 200,000 common shares at $0.06 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, where its board and management team [...]
VANCOUVER, B.C., Jan. 04, 2018 -- Pacific Ridge Exploration Ltd. reports that it has received a $300,000 option payment from BMC Minerals Ltd. on its Fyre Lake Cu-Au-Co massive sulphide deposit. In order to exercise the option and earn a 100% interest in Fyre Lake, BMC must now make a final $2,420,000 payment in January 2019. In addition, a bonus payment of $1,000,000 is payable to the Company if the option is exercised [...]
VANCOUVER, British Columbia, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX-V:PEX) ("Pacific Ridge" or the "Company") is pleased to announce results from surface exploration programs at its Eureka Dome gold project, White Gold District, and OGI Zinc project in Selwyn Basin. Soil sampling defined a gold soil anomaly with a strong epithermal gold signature in the headwaters of Eureka Creek. At OGI [...]
VANCOUVER, British Columbia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has defined four new high-priority gold targets at its road accessible RC Gold Project in the Tintina Gold Belt, Yukon. RC Gold is situated at the headwaters of Clear Creek, one of the Yukon’s most prolific placer gold creeks. The [...]
Pacific Ridge is pleased to announce that the Company has completed a first phase exploration program at its recently acquired RC Gold project, located in the Yukon’s Tintina Gold Belt, and has extended soil geochemical coverage at its Eureka Dome gold project, located in the Yukon’s White Gold District. RC is situated at the headwaters of Clear Creek, one of the Yukon’s most prolific placer gold [...]
VANCOUVER, British Columbia, July 24, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed phase 1 field work at its OGI Zinc project and that an exploration crew has been mobilized to the RC Gold project, both projects located in the Yukon. Exploration work at OGI Zinc included geological mapping, soil sampling, test [...]
VANCOUVER, British Columbia, June 26, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") announces that field work has commenced on its OGI Zinc project, Yukon. The project is located 50 km east of Dawson City and 7 km east of the Dempster Highway. The target is a sediment hosted Zn-Pb-Ag massive sulphide deposit. The geological setting is similar to Howards Pass [...]
Pacific Ridge Exploration reports on the results of its Annual General Meeting held June 15, 2017. Gerald Carlson, Gordon Davis, Blaine Monaghan and Bruce Youngman were elected to the board. Douglas Proctor retired from his role as Director and Chair of the Audit Committee after 10 years of service to the Company. The board would like to thank Doug for his wisdom and sage advice. The directors are pleased to welcome [...]
VANCOUVER, British Columbia, June 13, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") announces that it has acquired the newly road accessible RC Gold project, located in the Clear Creek district in the heart of the Yukon’s Tintina Gold Belt, mid-way between Victoria Gold’s Eagle Gold project and Golden Predator’s Brewery Creek project. RC Gold [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 25, 2017) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") is providing an update on its exploration plans for the 2017 field season. OGI Zinc Project The target is a sediment hosted Zn-Pb-Ag massive sulphide deposit within Yukon's Selwyn Basin. The planned 2017 field program will focus on the 1,000 m long polymetallic soil anomaly, with [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2017) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has received results from its 6 hole 753 m reverse circulation drill program at its Poker Brown gold-silver project, Nevada. Anomalous values were encountered from several intervals within stockwork and veined hydrothermally altered slate and from hydrothermal [...]