reports
Pacific Ridge Completes Drilling Program at Kliyul with Copper and Gol...
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed its maiden diamond drill ("DDH") program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia.Highlights:All of the drill holes encountered classic copper-gold porphyry-style mineralization consisting of sulphides pyrite, chalcopyrite and lesser bornite in veins and as disseminations.Mineralization at the Kl...
Drilling Underway at Pacific Ridge's Kliyul Copper Gold Porphyry Proje...
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program is now underway at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1). The Company plans to drill a minimum of 2,500 metres testing the Kliyul Main Zone ("KMZ") and two newly defined adjacent targets, Kliyul East and Kliyul West. Limited historical drilling at Kliyul returned significant c...
Pacific Ridge's Common Shares Trading on The OTCQB; Kliyul Copper-Gold...
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that its common shares are now trading on the OTC Venture Market ("OTCQB") under the ticker symbol "PEXZF". B. Riley Securities acted as the Company's OTCQB sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing corporate finance, research, sales and trading services.The OTCQB offers early s...
Pacific Ridge Announces Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting held June 24, 2021: Gerald Carlson, Blaine Monaghan, Bruce Youngman (an independent director), Borden Putnam III (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incent...
Pacific Ridge Announces 2021 Exploration Plans; Drilling to Start Next...
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") plans to launch a fully funded 2,500 metre diamond drill program at the Kliyul copper-gold project ("Kliyul" or the "Project") this July. The Company also plans to conduct exploration at the RDP copper-gold project and the Redton copper-gold project. All three projects are located in the prolific Quesnel Trough in northwestern British Columbia (see Figure 1)."Pacific Ridge's 2021 exploration season promises to be an exciting one for sev...
Drilling Commences at Pacific Ridge's Spius Porphyry Copper Project
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to report that a 550-metre drill program has commenced at its Spius copper porphyry project ("Spius" or the "Property"). The Property is located 40 km southwest of Merritt, British Columbia, and is currently under option to Arctic Fox Ventures Inc. Drilling will test below the high-grade surface showing area, where grab samples of mineralized porphyry from float and a small outcrop exposure range from 1.11% Cu to 2.53% Cu, and will also test...
Pacific Ridge Closes $1.5 Million Financing for Summer Drill Program a...
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement by issuing 10,000,000 units at a price of $0.15 per unit ("Unit") for gross proceeds of $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") acquired 7,000,000 of the Units.Proceeds from the Financing will be used for a 2,500-metre diamond drill program at Pacific Ridge's flagship Kliyul copper-gold project, located in the Quesnel Trough, British Col...
Pacific Ridge Nominates Mining Industry Veteran to Stand for Election ...
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that mining industry veteran Gary Baschuk will stand for election to the Company's board of directors at the annual general meeting to be held on June 24, 2021."Gary Baschuk is a well-known and well-respected member of the mining industry," said Blaine Monaghan, President and CEO of Pacific Ridge. "Attracting someone of Gary's calibre to Pacific Ridge's board speaks volumes about our team and our goal of becoming one of B.C.'s leadi...
Pacific Ridge Adds Geophysical Expert to Newly Formed Technical Adviso...
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of Dan Core, Ph.D., to its Technical Advisory Committee (the "Committee"). In addition to Dan, the Committee includes Borden Putnam III (Committee Chair), an independent director, Craig Hart and Jim Logan, technical advisors, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration. Dan will assist the Committee in evaluating and interpreting the large volume of technical data for the K...
Pacific Ridge Continues to Build Its Portfolio of BC Copper Gold Proje...
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement to acquire 100% of the RDP copper-gold porphyry project in central British Columbia, approximately 40 km west of its flagship Kliyul copper-gold project (see Figure 1). "With the acquisition of RDP, Pacific Ridge now has three drill-ready copper-gold projects in its property portfolio," said Blaine Monaghan, President and CEO of the Company. "Pacific Ridge is well on its way to becoming one of BC...
Pacific Ridge Raising $1.5 Million for Drill Program at Kliyul Copper ...
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 ("Unit") for gross proceeds of up to $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") 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 Kevin Smith, Crescat's Chief I...
Pacific Ridge Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 quarter over a 12-month period. The stock options are subject t...
Pacific Ridge Closes $1.1M Financing to Fund Drill Program at Kliyul C...
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 ("FT Unit") for gross proceeds of $1,136,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") 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 like to w...
Pacific Ridge Adds Porphyry Copper Deposit Expert to Newly Formed Tech...
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of James (Jim) M. Logan, P.Geo., to its newly formed Technical Advisory Committee (the "Committee"). In addition to Jim, the Committee includes Borden Putnam III (Committee Chair), 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 the large volume of t...
Pacific Ridge Announces $1.1M Investment Backed by Delphi to Fund Dril...
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 ("FT Unit") for gross proceeds of $1,136,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") 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 become Pacific Ridge's...
Borden Putnam III Joins Pacific Ridge Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 director," said Blaine Monaghan, President and CEO of Pacific ...
Pacific Ridge Hires G2 Consultants to Provide Financial Public Relatio...
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has entered into a consulting agreement with G2 Consultants Corp. ("G2"), 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 gold deposit in 2007, now being developed by Orla Mining,...
Pacific Ridge Appoints New President and Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - January 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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. "Blaine's appointment significantly strengthens...
Pacific Ridge Announces Redton Drill Results and Provides Exploration ...
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 ("Serengeti") Kwanika Central Zone deposit1. The drill hole encountered a magnetite-bearing mafic intrusive with a minor amoun...
Pacific Ridge Identifies Two New Priority Targets at Its Kliyul Gold C...
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") 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 chargeability and resistivity and variable magnetics and occur...
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