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 [...]
Pacific Ridge Exploration Ltd. reports on the results of an Induced Polarization geophysical survey and soil geochemical survey on its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The soil survey confirmed earlier sampling results and defined a central copper soil anomaly, 900 m by 750 m and [...]
Pacific Ridge Exploration Ltd. announces that Dr. Craig Hart has been appointed Technical Advisor to the Company. Dr. Hart is currently the Director of MDRU-Mineral Deposit Research Unit at The University of British Columbia where he initiates and facilitates a wide range of mineral exploration industry-sponsored research projects focused on gold [...]
Pacific Ridge Exploration Ltd. provides an exploration update on its Gold Cap, RC Gold and Spius projects: RC Gold, Tintina Gold Belt, Yukon The target at RC Gold is an Intrusion Related Gold deposit. The 2018 field program included prospecting and mapping, soil sampling and an Induced Polarization geophysical survey. The property is road [...]
Pacific Ridge Exploration Ltd. announces that field work has been completed on its Gold Cap and RC Gold projects, Yukon. At the 100% owned Gold Cap project in the White Gold District, Ground Truth Exploration of Dawson completed 368 deep penetrating GT Probe samples at a 5 m spacing. Ground Truth also collected 168 regular soil samples as well as [...]
Pacific Ridge Exploration Ltd. announces that field work is underway on its 100% owned Gold Cap project, White Gold District, Yukon. The work is being carried out by Ground Truth Exploration of Dawson and includes deep penetrating GT Probe soil sampling, geological mapping and prospecting, focusing on previously identified targets defined by [...]