Pacific Ridge Exploration Ltd. is pleased to announce that the following directors were elected at its Annual General Meeting held June 24, 2021: Gerald Carlson, Blaine Monaghan, Bruce Youngman , Borden Putnam III , and Gary Baschuk . 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 [...]
Pacific Ridge Exploration Ltd. plans to launch a fully funded 2,500 metre diamond drill program at the Kliyul copper-gold project this July. The Company also plans to conduct exploration at the RDP copper-gold project and the Redton copper-gold project. All three projects are located in the prolific Quesnel Trough in northwestern British Columbia . "Pacific Ridge's 2021 exploration season promises to be an exciting one [...]
Pacific Ridge Exploration Ltd. is pleased to report that a 550-metre drill program has commenced at its Spius copper porphyry project . The Property is located 40 km southwest of Merritt, British Columbia, and is currently under option to Arctic Fox Ventures Inc. Drilling will test below the high-grade surface showing area, where grab samples of mineralized porphyry from float and a small outcrop exposure range from 1.11 [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the previously announced non-brokered private placement by issuing 10,000,000 units at a price of $0.15 per unit for gross proceeds of $1,500,000 . Crescat Capital LLC acquired 7,000,000 of the Units. Proceeds from the Financing will be used for a 2,500-metre diamond drill program at Pacific Ridge's flagship Kliyul copper-gold project, located in the [...]
Pacific Ridge Exploration Ltd. is pleased to announce that mining industry veteran Gary Baschuk will stand for election to the Company's board of directors at the annual general meeting to be held on June 24, 2021. "Gary Baschuk is a well-known and well-respected member of the mining industry," said Blaine Monaghan, President and CEO of Pacific Ridge. "Attracting someone of Gary's calibre to Pacific Ridge's board speaks [...]
Pacific Ridge Exploration Ltd. is pleased to announce the appointment of Dan Core, Ph.D., to its Technical Advisory Committee . In addition to Dan, the Committee includes Borden Putnam III , an independent director, Craig Hart and Jim Logan, technical advisors, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration. Dan will assist the Committee in evaluating and interpreting the large [...]
Pacific Ridge Exploration Ltd. is pleased to announce that it has entered into an agreement to acquire 100% of the RDP copper-gold porphyry project in central British Columbia, approximately 40 km west of its flagship Kliyul copper-gold project . "With the acquisition of RDP, Pacific Ridge now has three drill-ready copper-gold projects in its property portfolio," said Blaine Monaghan, President and CEO of the Company [...]
Pacific Ridge Exploration Ltd. is pleased to announce its plans to issue up to 10,000,000 units in a non-brokered private placement at a price of $0.15 per unit for gross proceeds of up to $1,500,000 . Crescat Capital LLC intends to acquire 7,000,000 of the Units. "We are encouraged by this unique copper and gold system. It appears to have higher grades than other big porphyry projects in British Columbia," commented [...]
Pacific Ridge Exploration Ltd. announces that it has granted incentive stock options to various directors, officers, and consultants to purchase 850,000 common shares at an exercise price of $0.105 per share exercisable for a period of five years. The options granted to various directors and officers vest immediately. The 200,000 stock options granted to G2 Consultants, an investor relations consultant, will vest 25% each [...]
Pacific Ridge Exploration Ltd. is pleased to announce that the Company has closed the previously announced flow-through private placement by issuing 8,000,000 units at a price of $0.142 per unit for gross proceeds of $1,136,000. DELPHI Unternehmensberatung AG acquired all of the FT Units. Proceeds from this Financing will be used to drill the Kliyul copper-gold project, located in British Columbia, this summer. "I would [...]
Pacific Ridge Exploration Ltd. is pleased to announce the appointment of James M. Logan, P.Geo., to its newly formed Technical Advisory Committee. In addition to Jim, the Committee includes Borden Putnam III , an independent director, Dr. Craig Hart, a technical advisor, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration. The Committee will utilize their wealth of knowledge to interpret [...]
Pacific Ridge Exploration Ltd. announces its plans to issue up to 8,000,000 units in a flow-through private placement at a price of $0.142 per unit for gross proceeds of $1,136,000. DELPHI Unternehmensberatung Aktiengesellschaft intends to acquire all of the FT Units. "I would like to thank DELPHI for their vote of confidence," said Blaine Monaghan, President and CEO of Pacific Ridge. "With this investment, DELPHI will [...]