Pacific Ridge Exploration Ltd. announces that it has arranged a revision of the terms with Aurico Metals Inc. , a wholly owned subsidiary of Centerra Gold Inc., for the option to acquire up to a 75% interest in the Kliyul and Redton gold-copper porphyry projects , British Columbia, originally announced January 17, 2020. In light of the current [...]
Pacific Ridge Exploration Ltd. is pleased to announce the appointment of Danette Schwab as Vice President Exploration of the Company. Ms. Schwab is a Professional Geoscientist registered in British Columbia. She obtained a Bachelor of Science degree from Simon Fraser University in 2001. Ms. Schwab has 18 years of experience in mining and mineral [...]
Pacific Ridge Exploration Ltd. announces that it has signed an earn-in agreement with Aurico Metals Inc. , a wholly owned subsidiary of Centerra Gold Inc. to acquire up to a 75% interest in the Kliyul and Redton copper-gold porphyry projects, British Columbia . "We are excited about the discovery potential of these very well-located projects [...]
Pacific Ridge Exploration Ltd. reports on a mapping and surface sampling program on its Mariposa Gold project, White Gold District, Yukon. Mariposa is a 280 km2 property covering the prolific Scroggie and Mariposa placer gold creeks, 30 km east of Newmont Goldcorp's Coffee Gold Project. Seven samples collected from float of quartz vein and [...]
Pacific Ridge Exploration Ltd. reports results from the four-hole, 1,087 m drill program on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. The highest-grade mineralization was intersected at the bottom of hole SP-19-03, drilled at the [...]
Pacific Ridge Exploration Ltd. regrets to announce the passing of Chairman of the Board and Director R.E. Gordon Davis. Mr. Davis enjoyed a long and successful career as a geologist and mining entrepreneur, accomplishing many notable achievements, including co-discoverer of Yukon's Faro Pb-Zn-Ag deposit and the discovery of the Camino Rojo Au-Ag [...]
Pacific Ridge Exploration Ltd. reports that it has successfully completed four NQ core holes for 1,087 m on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. Assays from the drill program will be released when they are received, expected to be [...]
Pacific Ridge Exploration Ltd. reports that drilling has commenced on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program will consist of four to six holes and is being conducted by Paycore Enterprises Ltd. of Valemount, B.C. The drilling will target copper soil anomalies that correlate with zones of [...]
Pacific Ridge Exploration Ltd. reports on a planned 1,250 m drill program for its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program is planned for June 2019 and will consist of four to six holes. The drilling will target copper soil anomalies supported by zones of enhanced IP [...]
Pacific Ridge Exploration Ltd. has granted incentive stock options under its 10% rolling stock option plan to certain directors, officers and consultants of the Company to purchase a total of 1,050,000 common shares at $0.05 per share exercisable for a period of five years. About Pacific Ridge Pacific Ridge has assembled a portfolio of [...]
Pacific Ridge Exploration Ltd. announces that it has received a $1.2 million option payment from BMC Minerals Ltd. according to the amended purchase option agreement for its Fyre Lake project as announced December 21, 2018. The final $1.22 million payment required to exercise the option must be paid upon BMC obtaining production financing for its [...]
Pacific Ridge Exploration Ltd. announces that it has agreed to amended payment terms to its agreement with BMC Minerals Ltd. for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016. The final payment to Pacific Ridge of $2.42 million, due on the second anniversary of the [...]