Pacific Ridge Exploration Ltd. is pleased to announce that it has received a $400,000 cash payment from BMC Minerals Ltd. for the Company's Fyre Lake property, located in the Yukon. This was BMC's final payment to acquire a 100% interest in Fyre Lake. The Company will be paid a further $1,000,000 when BMC's Kudz Ze Kayah property has reached [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has acquired an option to earn up to a 75% interest in the Chuchi South property from American Copper Development Corp. and prospector Ronald Bilquist . The Property adjoins Pacific Ridge's Chuchi porphyry copper-gold project on the south and west. Combined, Chuchi and Chuchi South are [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has received $600,000 from DELPHI Unternehmensberatung Aktiengesellschaft through the exercise of all the 4,000,0000 warrants priced at $0.15 per warrant. The warrants were issued pursuant to a financing that closed on March 5, 2021 . DELPHI was the sole participant in the Financing. "I [...]
Pacific Ridge Exploration Ltd. has granted incentive stock options to various officers, directors, employees, and consultants to purchase 2,575,000 common shares of the Company at an exercise price of CAD$0.30 per share, exercisable for a period of five years. The options granted to various officers, directors, and employees will vest immediately [...]
Pacific Ridge Exploration Ltd. is pleased to announce the remaining results from the 2022 diamond drill program completed at the Kliyul copper-gold porphyry project , located in the prolific Quesnel Trough in northcentral British Columbia. Highlights: Drill hole KLI-22-050 returned 89.0 m of 1.06% copper equivalent within 328.0 m of 0.67% CuEq [...]
Pacific Ridge Exploration Ltd. is pleased to announce the remaining results from the 2022 drill program completed at the RDP copper-gold project , including drill hole RDP-22-003, which returned 59.4 m of 1.68% copper equivalent from the Day Zone. RDP is located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has amended payment terms with BMC Minerals Ltd. for the option to purchase the Company's Fyre Lake property, located in the Yukon, and has received a $500,000 cash payment. Previously, the final payment of $850,000 to Pacific Ridge was due by December 31, 2022 . As renegotiated, BMC has [...]
Pacific Ridge Exploration Ltd. is pleased to announce the closing of its previously announced "bought deal" private placement of flow-through units of the Company underwritten by Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters comprised of Beacon Securities Limited and M Partners Inc [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the 2022 exploration program at the Onjo copper-gold project , located 10 km west of Centerra Gold Inc.'s Mount Milligan mine in northcentral B.C., identified three new porphyry copper-gold targets. The exploration program at the Project consisted of prospecting, geological mapping, a soil [...]
Pacific Ridge Exploration Ltd. has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase for resale 15,625,000 flow-through units of the Company at a price of C$0.32 per FT Unit for gross proceeds [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the 2022 exploration program at the Chuchi copper-gold project , located 35-km northwest of Centerra Gold Inc.'s Mount Milligan mine in northcentral B.C., identified several new porphyry copper-gold targets and that the BP Zone, where most of the historical drilling was focused, has room to [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP as lead agent on behalf of a syndicate of one or more additional agents , in connection with a "best efforts" private placement financing of 8,900,000 units of the Company at a price of C$0.28 per Unit, 6,250,000 units of the [...]
