Pacific Ridge Exploration Ltd. is pleased to announce that drilling has commenced at its RDP copper-gold project , located in northcentral British Columbia . The planned 1,500 m diamond drill program is being funded by Antofagasta Minerals S.A. , a subsidiary of Antofagasta PLC, who can earn a 75% interest in the Project by spending $10,000,000 on exploration over eight years and delivering a preliminary economic [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the diamond drill program at the Kliyul copper-gold project , located in the prolific Quesnel Trough in northcentral B.C. , 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 Project. The focus of this year's drill program will be on expanding mineralization at the Kliyul [...]
Pacific Ridge Exploration Ltd. is pleased to announce that field crews have been mobilized to the Kliyul copper-gold project and that camp construction is underway. The exploration camp at Kliyul will also support exploration activities at the RDP copper-gold project , which is located 40 km to the west . Pacific Ridge anticipates that the planned 6,000 m diamond drill program at Kliyul will commence sometime next week [...]
Pacific Ridge Exploration Ltd. 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 , Borden Putnam III , and Gary Baschuk . In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan [...]
Pacific Ridge Exploration Ltd. 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. as Exploration Manager, Generative - North America. Prior to Centerra, Mr. Jago was a Regional Geologist with B.C.'s [...]
Pacific Ridge Exploration Ltd. 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 and 1,500 m of diamond drilling at the RDP copper-gold project . All of Pacific Ridge's copper-gold porphyry projects are located in northcentral B.C. . Highlights of the 2022 Exploration Program [...]
Pacific Ridge Exploration Ltd. 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 options granted to both Westlake Capital and G2 [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has entered into an agreement with AuRico Metals Inc., a wholly owned subsidiary of Centerra Gold Inc. , to acquire up to a 75% interest in the Chuchi porphyry copper-gold project , located in the prolific Quesnel Trough, north central British Columbia . "We are extremely pleased to add Chuchi to our robust and growing portfolio of porphyry copper-gold projects [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the previously announced "best efforts" brokered private placement with M Partners Inc. and Red Cloud Securities Inc., co-lead agents and joint book runners , and raised a total of $7,431,200 through the issuance of 19,150,000 charity flow-through units at a price of $0.328 per CFT Unit and 5,000,000 common share units at a price of $0.23 per CS [...]
Pacific Ridge Exploration Ltd. 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 , in connection with a "best efforts" brokered private placement offering of up to $6,398,000 . Proceeds from this Offering will be used for the planned 5,000-metre diamond drill program at Pacific Ridge's flagship Kliyul copper-gold [...]
Pacific Ridge Exploration Ltd. 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 , located in the prolific Quesnel Trough in Northwest B.C. . "We are very pleased to have secured our preferred drill contractor for the 2022 diamond drill program at Kliyul," said [...]
Pacific Ridge Exploration Ltd. 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 information and/or to register, please visit [...]