VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/05/12 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the "Company") reports today that at the Mariposa gold property, located within the Yukon's White Gold District, the 2012 exploration field work came to a close in early October. This year, the fourth year of exploration at Mariposa, saw 2448 metres of diamond drilling completed in 14 holes within the Skookum [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/05/12 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the "Company") reports that exploration activity has been underway since early June at its Mariposa Gold Project, located in the Yukon's White Gold District. Diamond drilling at Mariposa is scheduled to commence during the second week of July. The 2012 Phase I exploration program, currently budgeted at $2 [...]
Pacific Ridge Exploration reported that it has granted incentive stock options under its 10% rolling stock option plan to directors, officers, employees and consultants, to purchase a total of 1,555,000 common shares at $0.10 per share exercisable for a period of five years. The 1,030,000 options granted to directors and officers vest as to 50% on the date of grant and 50% in one year. The 250,000 options granted to G2 [...]
Pacific Ridge Exploration reports that exploration crews will be mobilized in late May to continue exploration on its 262-square-kilometre Mariposa Gold Project located in the Yukon's White Gold District. The 2012 work program will include a second year of diamond drilling to define the extent of gold mineralization discovered during 2011 drilling of the Skookum Main zone. The Mariposa Project is located 15 kilometres [...]
Pacific Ridge would like to invite company shareholders and interested investors to this year's "2012 Vancouver Resource Investment Conference", booth number 711. Management will be in attendance and pleased to update shareholders and all interested parties on exploration plans and objectives for the ensuing year. Of particular interest will be the Mariposa Gold Project in the Yukon's White Gold District and the Fyre Lake [...]
Pacific Ridge Exploration is pleased to announce that the non-brokered flow-through private placement announced on December 5, 2011 was oversubscribed and has now closed. The Company received gross proceeds of $1,462,000 pursuant to the issuance of 10,442,858 flow-through shares priced at $0.14 per share. The Company intends to use the gross proceeds from the sale of the flow-through shares for Canadian Exploration [...]
Pacific Ridge announces a proposed private placement financing. The Company is proposing to sell by way of non-brokered private placement up to 10,000,000 Flow-Through Shares to Canadian resident investors, each Flow-Through Share priced at $0.14 to raise gross proceeds of up to $1,400,000. The Company intends to use the gross proceeds from the sale of the Flow-Through Shares for Canadian Exploration Expenses ("CEE [...]
Pacific Ridge Exploration reports that all assay results have now been received from the first diamond drill program on its Mariposa Gold Project, in the Yukon's White Gold District. The 2011 drill program was successful in making a new gold discovery in the White Gold District. On the Mariposa property, gold was intersected in a total of 20 drill holes: 18 in the Skookum Main and Skookum West areas, and 2 in the Maisy [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/27/11 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the 'Company') has successfully completed its 2011 exploration program on its properties in the Yukon's White Gold District. The 2011 exploration activity was focused on the Mariposa Property, which included 6,000 metres of diamond drilling in 41 holes, grid-based soil sampling, ground and airborne geophysics
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/13/11 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the 'Company') reported that it has received $125,000 from the exercise of 500,000 share purchase warrants with an exercise price of $0.25 and an expiry date of September 16, 2011.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/07/11 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the 'Company') reports that exploration at the Mariposa Property, located within the Yukon's White Gold District, has seen completion of 34 drill holes for a total of 5350 metres drilled so far this season. Receipt of assay results has seen delays due to high volume and continuous sample submittals, as a result
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/23/11 -- Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) (the 'Company') reported that the Company has received $914,995 for the exercise of 6,099,967 share purchase warrants with an exercise price of $0.15 and an expiry date of August 20, 2011. The Company has also seen exercise of 20,000 warrants with an exercise price of $0.25 for receipt of proceeds in the amount