VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 18, 2017) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has closed the Fyre Lake option to BMC Minerals (No. 1) Ltd. ("BMC") announced December 28, 2016. In addition to the initial $25,000 deposit, BMC has now paid the remaining $50,000 signing payment and the initial $300,000 option payment. Total consideration payable [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 28, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has agreed to option a 100% interest in its Fyre Lake Cu-Au-Co massive sulphide deposit to BMC Minerals (No. 1) Ltd. ("BMC"). BMC has paid a non-refundable deposit of $25,000 and must pay an additional $50,000 if the closing of the transaction occurs before [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that due to severe winter weather conditions, it has suspended drilling at its TL Zinc Project. Prior to suspension, it completed two holes for a total of 611 m at the eastern end of the main HELITEM electromagnetic conductor. Both holes intersected several zones of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has received the drill permit and drilling has now commenced on its road accessible TL Zinc Project located 80 km northeast of Vernon, British Columbia. The program will include up to 1,800 m of NQ core drilling in up to six drill holes. The target at TL is a large [...]
Pacific Ridge Exploration has granted incentive stock options under its 10% rolling stock option plan to directors, officers and consultants of the Company to purchase a total of 488,000 common shares at $0.08 per share exercisable for a period of five years. The options are subject to TSX Venture Exchange acceptance. Pacific Ridge also announces that it has appointed Arie Page as Corporate Secretary of the Company. On [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has defined two chargeability anomalies on its Poker Brown gold-silver project, Nevada. Anomaly A is greater than 500 m long and 200 m wide, with strong chargeability values ranging from 40 to over 50 ms (milliseconds) and is strongest at depths of over 150 m [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 3, 2016) - THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 13, 2016) - THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") announces that it is proposing to issue up to 3,750,000 units in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 14, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") announces that it has optioned its Mariposa Gold project to Eureka Dome Gold Inc. ("Eureka Dome"), a private British Columbia company. Mariposa, covering the prolific Scroggie and Mariposa placer gold creeks, is a 280 km2 property located 30 km east of the Coffee Gold Project [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 8, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has received the results from a gravity survey over its TL Zinc Project. All three lines surveyed revealed positive residual anomalies in the range of 0.5 to over 1 milligal that show a good correlation with an underlying conductor as defined by the Fugro HELITEM [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 24, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has acquired an option to earn a 100% interest in the Poker Brown gold-silver project, Nevada. Poker Brown is road accessible and located 190 km from Reno, in Pershing County, Nevada. The target is a large, bulk tonnage, heap leachable gold deposit. Numerous gold [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 19, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") provides an update on its 2016 field exploration programs. TL Zinc Gravity Survey The TL Zinc project acquisition was announced August 10, 2016. A gravity geophysical survey is currently underway, measuring gravity profiles along logging roads for a total length of approximately [...]