Pacific Ridge Exploration Ltd. 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 [...]
Pacific Ridge Exploration Ltd. 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 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 and one-half of one common share purchase warrant, with each whole warrant [...]
Pacific Ridge Exploration Ltd. 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 [...]
Pacific Ridge Exploration Ltd. 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 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 and one-half of one common share purchase warrant, with each whole warrant [...]
Pacific Ridge Exploration Ltd. reports that it has now filed technical reports with respect to the previously-announced acquisitions of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia, as required by the TSX Venture Exchange. The Company has now satisfied all requirements to receive final TSX Venture Exchange acceptance of the acquisitions. Pacific Ridge has the [...]
Pacific Ridge Exploration Ltd. announces that it is proposing to issue up to 4,000,000 units in a flow-through private placement at a price of $0.075 per unit for gross proceeds of $300,000. Each FT Unit will be comprised of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one-half of one common share purchase warrant, with each whole warrant exercisable [...]
Pacific Ridge Exploration Ltd. announces that it has retained Freeform Communications Inc. , a full service investor relations firm based in Vancouver, British Columbia. With over 90 years of combined experience, specializing in a full range of investor relations and capital market services, Freeform has represented a wide array of public and private clients and has assisted each in attaining their targeted goals [...]
Pacific Ridge Exploration Ltd. reports that the following directors were re-elected at its Annual General Meeting held June 25, 2020: Gerald Carlson, Blaine Monaghan and Bruce Youngman. In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares [...]
Pacific Ridge Exploration Ltd. reports that it has completed a reinterpretation of historical geophysical surveys, including several campaigns of ground magnetics and induced polarization surveys and an airborne magnetic survey completed by Geoscience BC over its Kliyul Au-Cu porphyry prospect, north-central BC. This interpretation has been integrated with known surface geology, alteration and mineralization as well as [...]
Pacific Ridge Exploration Ltd. reports that the previously-announced acquisition of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia has received acceptance of the TSX Venture Exchange subject to the filing of technical reports. The technical reports are expected to be filed in late June once the weather and any restrictions due to COVID-19 allows for required [...]
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, as originally announced by the Company on December 28, 2016. Previously, the final payment to Pacific Ridge of $1.22 million was due upon BMC obtaining production financing for its Kudz Ze Kayah project, but in any event no later than [...]
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 COVID-19 pandemic and the difficult market conditions, Aurico has agreed to [...]
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