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 and porphyry systems, regional metallogeny and exploration methods, and [...]
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 accessible, at the headwaters of Clear Creek, in the heart of the Tintina Gold Belt [...]
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 geological mapping and prospecting. The work focused on two previously [...]
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 anomalous gold in soils. The objective of the program is to define targets for [...]
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 Accountants, as auditors of the Company. 2018 Exploration Plans Gold Cap, Yukon [...]
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 27 percussion and core drill holes located around the periphery of the [...]
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 work included an IP survey, trenching and 27 percussion and core drill [...]
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 Ridge will form a 70:30 joint venture to further explore and develop the [...]
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 metal projects located in the Yukon, where its board and management team [...]
VANCOUVER, B.C., Jan. 04, 2018 -- Pacific Ridge Exploration Ltd. reports that it has received a $300,000 option payment from BMC Minerals Ltd. on its Fyre Lake Cu-Au-Co massive sulphide deposit. In order to exercise the option and earn a 100% interest in Fyre Lake, BMC must now make a final $2,420,000 payment in January 2019. In addition, a bonus payment of $1,000,000 is payable to the Company if the option is exercised [...]
VANCOUVER, British Columbia, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX-V:PEX) ("Pacific Ridge" or the "Company") is pleased to announce results from surface exploration programs at its Eureka Dome gold project, White Gold District, and OGI Zinc project in Selwyn Basin. Soil sampling defined a gold soil anomaly with a strong epithermal gold signature in the headwaters of Eureka Creek. At OGI [...]
VANCOUVER, British Columbia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has defined four new high-priority gold targets at its road accessible RC Gold Project in the Tintina Gold Belt, Yukon. RC Gold is situated at the headwaters of Clear Creek, one of the Yukon’s most prolific placer gold creeks. The [...]