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 [...]
Pacific Ridge Exploration reports on the results of its Annual General Meeting held June 20, 2018. Gerald Carlson, Gordon Davis, Blaine Monaghan and Bruce Youngman were elected to the board. At the Annual General Meeting, shareholders also ratified the Company's rolling stock option plan and re-appointed PricewaterhouseCoopers LLP, Chartered [...]
Pacific Ridge Exploration is pleased to announce that six of its projects will see active exploration programs during the 2018 field season. Spius Cu-Mo-Au Porphyry: The Spius property was explored for its porphyry copper potential in the 1960's and early 1970's. Exploration focused on a gossan area where work included an IP survey, trenching and [...]
acific Ridge Exploration is pleased to announce that it has been granted an option to earn a 100% interest in the road accessible Spius porphyry copper project, located 40 km southwest of Merritt, British Columbia. The Spius property was explored for its porphyry potential in the 1960's and early 1970's. Exploration focused on a gossan area where [...]
Pacific Ridge Exploration is pleased to announce that it has agreed to option its Eureka Dome property to Trifecta Gold. Trifecta can earn a 70% interest in the property by making payments of $200,000, issuing 1,000,000 shares and completing $2.5 million in exploration by December 31, 2022. Once this interest has been earned, Trifecta and Pacific [...]
Pacific Ridge Exploration has granted incentive stock options under its 10% rolling stock option plan to certain directors and officers of the Company to purchase a total of 200,000 common shares at $0.06 per share exercisable for a period of five years. About Pacific Ridge Pacific Ridge has assembled a portfolio of highly-prospective gold and base [...]
