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Latest Press Releases

Pacific Ridge Farms Out Spius Porphyry Copper Project
- Newsfile Corp - Thu Oct 22, 7:02AM CDT
Newsfile Corp - CMTX
Thu Oct 22, 7:02AM CDT
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has arranged for the option of its Spius copper porphyry prospect (the "Property"), located 40 km southwest of Merritt, British Columbia, to Arctic Fox Interactive Ltd. ("Arctic Fox"). Arctic Fox can earn a 60% interest in the Property by making payments of $50,000, issuing 1,000,000 shares and spending $550,000 on exploration by December 31, 2022. It is expected that Arctic Fox's work program will include a drill test of the Copper Zone during the 2021 field season.
Pacific Ridge Completes Drill Program at Redton Cu-Au Porphyry Project
- Newsfile Corp - Tue Oct 13, 7:01AM CDT
Newsfile Corp - CMTX
Tue Oct 13, 7:01AM CDT
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has completed a one hole diamond drill program, for 434 m, at its road accessible Redton porphyry project, located in central British Columbia, adjacent to Serengeti Resources Inc.'s Kwanika project. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident 500 m x 100 m copper- molybdenum-in soil anomaly located 2.5 km north of the Kwanika Central Zone deposit Results of the program will be announced as soon as assays are received. For further information on the Redton project, please see .
Pacific Ridge Closes Flow Through Financing
- Newsfile Corp - Mon Oct 5, 7:33AM CDT
Newsfile Corp - CMTX
Mon Oct 5, 7:33AM CDT
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the second and final tranche of its previously announced flow-through private placement by issuing 550,000 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $41,250. In total, the Company has now closed 3,119,999 units in two tranches for total gross proceeds of $234,000. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.
Pacific Ridge Plans Drill Program at Redton Cu-Au Porphyry Project
- Newsfile Corp - Tue Sep 29, 7:01AM CDT
Newsfile Corp - CMTX
Tue Sep 29, 7:01AM CDT
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it is planning a one to two hole drill program at its road accessible Redton porphyry project, located in central British Columbia, adjacent to Serengeti Resources Inc.'s Kwanika project. The drill holes will test a 550m by 250m magnetic and IP chargeability anomaly and coincident 500m x 100m copper- molybdenum soil anomaly located 2.5 km north of the Kwanika Central Zone deposit (Measured and Indicated Resource of 223.6 million tonnes grading 0.27% copper, 0.25 g/t gold and 0.87 g/t silver containing 1.32 billion pounds of Cu, 1.83 million ounces of Au and 6.27 million ounces of Ag - Serengeti news release, March 3, 2019). The program is expected to commence within a few days. For further information on the Redton project, please see .
Pacific Ridge Completes Field Work on Kliyul Gold-Copper Porphyry Project
- Newsfile Corp - Thu Sep 24, 7:02AM CDT
Newsfile Corp - CMTX
Thu Sep 24, 7:02AM CDT
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that a two week field program has been completed on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The purpose of the program is to extend the depth of investigation of the chargeability and resistivity response related to the Kliyul mineralization as well as to define vectors to mineralization for a major drill test of priority Au-Cu targets planned for 2021. The program included 9.1 line km of IP and ground magnetometer surveying over the Kliyul Main Zone, surface and drill core sampling to identify alteration and geochemical vectors and historical core re-logging to identify porphyry-style veining. Fifty-two surface samples were collected for spectral and trace element analyses from outcrop and felsenmeer over the Kliyul Zone. One-hundred and seventeen samples were collected from drill core for spectral analysis and trace element analysis. Results of the program will be announced when all results from the program have been received and evaluated.
TMX Group, Pacific Ridge Exploration, C-Suite at The Open
- CNW Group - Fri Sep 11, 11:17AM CDT
CNW Group - CMTX
Fri Sep 11, 11:17AM CDT
TMX Group, Pacific Ridge Exploration, C-Suite at The Open
TMX Group, Pacific Ridge Exploration, C-Suite at The Open
- PR Newswire - Fri Sep 11, 11:17AM CDT
PR Newswire - PRNW
Fri Sep 11, 11:17AM CDT
TORONTO , Sept. 11, 2020 /CNW/ - Gerry Carlson , President & CEO, Pacific Ridge Exploration Ltd. (TSXV: PEX), shares his company's story in an  interview  with TMX Group. 
Pacific Ridge Commences Field Work on Kliyul Gold-Copper Porphyry Project
- Newsfile Corp - Wed Sep 9, 7:14AM CDT
Newsfile Corp - CMTX
Wed Sep 9, 7:14AM CDT
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that field work has commenced on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The program includes an Induced Polarization geophysical surveying as well as geological and alteration mapping and geochemical sampling. The program is being managed by Equity Exploration Consultants Ltd. The purpose of the program is to extend the depth of investigation of the chargeability and resistivity response related to the Kliyul mineralization as well as to define vectors to mineralization for a major drill test of priority Au-Cu targets planned for 2021. For further information on the Kliyul project, please see .
Pacific Ridge Closes First Tranche of Flow Through Financing
- Newsfile Corp - Fri Aug 28, 7:01AM CDT
Newsfile Corp - CMTX
Fri Aug 28, 7:01AM CDT
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the first tranche of its previously announced flow-through private placement by issuing 2,569,999 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $192,750. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.
Pacific Ridge Receives Permit Approval for Kliyul Gold-copper Porphyry Project
- Newsfile Corp - Thu Aug 20, 7:02AM CDT
Newsfile Corp - CMTX
Thu Aug 20, 7:02AM CDT
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has received its exploration permit approval from the BC Ministry of Energy Mines and Petroleum Resources for its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. This is a three-year area-based permit covering surface exploration in 2020 and drill testing in 2021 and 2022.

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