Pacific Ridge Exploration Ltd. announces a non-brokered private placement for aggregate gross proceeds of up to C$2,000,000 from the sale of non-flow through units of the Company at a price of C$0.07 per Unit, flow-through units of the Company at a price of C$0.08 per FT Unit, and FT Units to be sold to charitable purchasers at a price of C$0.115 per Charity FT Unit. Red Cloud Securities Inc. will be acting as a finder in [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has identified a six kilometre long copper-gold porphyry trend at the Chuchi copper-gold project located in the prolific Quesnel Terrane in northcentral British Columbia 35 km northeast of Centerra Gold Inc.'s Mount Milligan Mine . Since acquiring Chuchi in May 2022, Pacific Ridge has completed airborne and ground-based geophysics programs and a gridded soil [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement raising a total of $1,760,119.51. Pacific Ridge intends to use the proceeds raised from this Financing for general working capital and for exploration at Pacific Ridge's flagship Kliyul copper-gold project as well as for exploration at the Company's other copper-gold [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the first tranche of its oversubscribed non-brokered private placement raising a total of $1,675,419.51. The Company issued 7,469,679 flow-through units at a price of $0.095 per FT Unit for gross proceeds of $709,619.51, which includes an oversubscription of 1,159,139 FT Units . Pacific Ridge also issued 12,072,500 non-flow-through units at a price [...]
Pacific Ridge Exploration Ltd. is pleased to provide an overview of the Company's objective, its project portfolio, and its exploration plans for 2024 and beyond. "Since optioning its flagship Kliyul copper-gold project from Centerra Gold Inc. in 2020, Pacific Ridge's goal has been to become British Columbia's leading copper-gold exploration company," said Blaine Monaghan, President & CEO of Pacific Ridge. "We now own, or [...]
Pacific Ridge Exploration Ltd. is pleased to announce that due to strong investor demand, the previously announced financing has been increased from $1,350,500 to $1,650,500 to fund continued exploration at the Company's 100% owned Kliyul copper-gold project located in the prolific Quesnel Terrane in northcentral B.C. . Figure 1 Location of Kliyul To view an enhanced version of Figure 1, please visit [...]
Pacific Ridge Exploration Ltd. is pleased to announce that drill core from both the Kliyul copper-gold project and the RDP copper-gold project will be showcased at this year's PDAC core shack. Kliyul and RDP are located in northcentral B.C. . Drill core from Kliyul and RDP will be on display Tuesday, March 5, and Wednesday, March 6, at booth number 3117B. In addition, the Company is attending the Investor Exchange from [...]
Pacific Ridge Exploration Ltd. is pleased to announce results from the final three diamond drill holes, KLI-23-067 to KLI-23-069, of the 2023 drilling program at the Kliyul copper-gold porphyry project with drill hole KLI-23-068 intersecting 110.0 m of 0.97% copper equivalent or 1.44 g/t gold equivalent within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq . Owned 100% by the Company, Kliyul is located in the prolific Quesnel [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has exercised its option to acquire a 100% interest in the RDP copper-gold project . RDP is located in northcentral British Columbia, 40 km west of the Company's 100% owned flagship Kliyul copper-gold project . In May 2021, the Company announced the option to acquire a 100% interest in RDP by making cash payments of $125,000, issuing 1,200,000 shares, and [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the results from the 2023 induced polarization survey confirmed the potential for several large porphyry systems at the Chuchi copper-gold project and the Chuchi South copper-gold project . The Company will use the results of the IP survey to further refine targets for its inaugural diamond drill program in 2024. Chuchi and Chuchi South are located in the prolific [...]
Pacific Ridge Exploration is pleased to announce results from diamond drill holes KLI-23-063 to KLI-23-066 from this year's exploration program at the Kliyul copper-gold porphyry project. Drill hole KLI-23-065 intersected 111.0 m of 0.45% copper equivalent or 0.67 g/t gold equivalent within 600.4 m 0.27% CuEq or 0.40 g/t AuEq. Holes KLI-23-063 to KLI-23-066 have expanded the known extents of Kliyul Main Zone [...]
Pacific Ridge Exploration Ltd. is pleased to announce results from this year's diamond drill campaign at the RDP copper-gold project. Antofagasta Minerals, a wholly owned subsidiary of Antofagasta, can earn a 75% interest in RDP by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment report. Pacific Ridge is the operator and supported the diamond drill program from Kliyul [...]
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