Pacific Ridge Exploration Ltd. is pleased to announce that its inaugural diamond drill program at the Chuchi copper-gold project has commenced. Chuchi is road accessible and is located 35 km to the northwest of Centerra Gold Inc.'s Mount Milligan mine in B.C. . Highlights: Pacific Ridge plans to drill approximately 3,000 m in five or six drill holes over an 800 m strike length at the BP Zone . Chuchi is only a two-hour [...]
Pacific Ridge Exploration Ltd. has closed the second and final tranche of its non-brokered private placement raising a total of $1,707,880. The Company intends to use the proceeds raised from this Financing for general working capital and for a diamond drill program at the Chuchi copper-gold project in B.C. Pacific Ridge plans to drill 3,000 m at the Project this year. This will be the Company's first ever drill program [...]
Pacific Ridge Exploration Ltd. is pleased to announce that a helicopter-borne Z-Axis Tipper Electromagnetic geophysical survey is underway at its 100% owned flagship Kliyul copper-gold project . In addition to the ZTEM survey at Kliyul, the Company is also planning an induced polarization geophysical survey at its 100% owned Redton copper-gold project , and a 2,500 - 3,500 m diamond drill program at the Chuchi copper-gold [...]
Pacific Ridge Exploration Ltd. will extend by 30 days the closing date of its previously announced non-brokered private placement for aggregate proceeds of up to $2,000,000 . Pacific Ridge previously announced a first tranche closing of the Financing raising a total of $1,683,380 by the issuance of: 16,250,000 flow-through units at a price of $0.08 per FT Unit for gross proceeds of $1,300,000; and 5,476,858 [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the following directors were elected at its Annual General and Special Meeting held on June 27, 2024: Gerald Carlson, Blaine Monaghan, Bruce Youngman , and Gary Baschuk . In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company, and approved Pacific Ridge's rolling incentive stock option plan and the [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement raising a total of $1,683,380. The Company issued 16,250,000 flow-through units at a price of $0.08 per FT Unit for gross proceeds of $1,300,000. Pacific Ridge also issued 5,476,858 non-flow-through units at a price of $0.07 per NFT Unit for gross proceeds of $383,380 in a first tranche of the [...]
Pacific Ridge Exploration Ltd. is pleased to announce its 2024 exploration plans which include a diamond drill program at the Chuchi copper-gold project , Z-Axis Tipper Electromagnetic and magnetotellurics geophysical surveys at the Kliyul copper-gold project and an induced polarization survey at the Redton copper-gold project . Chuchi, Kliyul, and Redton are located in the prolific Quesnel terrane in northcentral British [...]
Pacific Ridge Exploration Ltd. announces a non-brokered private placement for aggregate gross proceeds of up to C$2,000,000 from the sale of non-flow through units of the Company at a price of C$0.07 per Unit, flow-through units of the Company at a price of C$0.08 per FT Unit, and FT Units to be sold to charitable purchasers at a price of C$0.115 per Charity FT Unit. Red Cloud Securities Inc. will be acting as a finder in [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has identified a six kilometre long copper-gold porphyry trend at the Chuchi copper-gold project located in the prolific Quesnel Terrane in northcentral British Columbia 35 km northeast of Centerra Gold Inc.'s Mount Milligan Mine . Since acquiring Chuchi in May 2022, Pacific Ridge has completed airborne and ground-based geophysics programs and a gridded soil [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement raising a total of $1,760,119.51. Pacific Ridge intends to use the proceeds raised from this Financing for general working capital and for exploration at Pacific Ridge's flagship Kliyul copper-gold project as well as for exploration at the Company's other copper-gold [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the first tranche of its oversubscribed non-brokered private placement raising a total of $1,675,419.51. The Company issued 7,469,679 flow-through units at a price of $0.095 per FT Unit for gross proceeds of $709,619.51, which includes an oversubscription of 1,159,139 FT Units . Pacific Ridge also issued 12,072,500 non-flow-through units at a price [...]
Pacific Ridge Exploration Ltd. is pleased to provide an overview of the Company's objective, its project portfolio, and its exploration plans for 2024 and beyond. "Since optioning its flagship Kliyul copper-gold project from Centerra Gold Inc. in 2020, Pacific Ridge's goal has been to become British Columbia's leading copper-gold exploration company," said Blaine Monaghan, President & CEO of Pacific Ridge. "We now own, or [...]