Key facts
| Company | Pacific Ridge Exploration (TSXV: PEX) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Kliyul
100% owned by Pacific Ridge, the Kliyul copper-gold project is over 90 square kilometres in size and is located in the prolific Quesnel Terrane close to existing infrastructure. Kliyul is in a similar geological environment to other copper-gold porphyry deposits in BC such as the Kemess Project (Centerra), Mount Milligan (Centerra), Red Chris (Newmont), and Saddle North (Newmont).
News releases43 on file
Pacific Ridge Signs Exploration Agreements with Tsay Keh Dene Nation for the Kliyul and RDP Copper-Gold Projects
Exploration Agreements have been signed with Tsay Keh Dene Nation covering the Kliyul and RDP copper-gold projects in Northcentral B.C., establishing a framework for communication and collaboration as the projects advance. Kliyul, over 90 km2 and 100%-owned, hosts an inferred resource of 334.1 Mt grading 0.33% CuEq at a 0.20% CuEq cutoff. At RDP, 3,010 m of drilling in five holes was completed at
CorporatePacific Ridge Completes Drilling at the Kliyul and RDP Copper-Gold Projects; Drilling at RDP Intersects 300 Metres of Continuous Copper-Sulphide Mineralization
Drilling has been completed at the 100%-owned Kliyul and RDP copper-gold projects in British Columbia. At RDP's Day target, five diamond drill holes totalling 3,010 m were drilled, with RDP-26-016, RDP-26-017 and RDP-26-019 intersecting continuous chalcopyrite +/- bornite mineralization from vertical depths of about 170 m over lengths greater than 300 m. At Kliyul, four holes totalling 1,524 m tes
Drill resultsDrilling Starts at Pacific Ridge's Kliyul Copper-Gold Project; Two Drill Programs Underway
A ~2,500 m drill program has started at Pacific Ridge's 100%-owned Kliyul copper-gold project in British Columbia's Quesnel terrane, running alongside the ~3,000 m program underway at the RDP project about 40 km west. Drilling will target M39, a previously undrilled area associated with a one-km long copper and gold soil anomaly. Kliyul's Main Zone hosts an Inferred resource of 334.1 Mt grading 0.
Drill resultsPacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects
2026 drill programs are planned for Pacific Ridge's 100%-owned Kliyul and RDP copper-gold projects in British Columbia, with 2,500 m at Kliyul focused on the never-drill-tested M39 target and 3,000 m at RDP testing the interpreted porphyry centre at Day and the 2025 western magnetic lobe discovery. The Kliyul Main Zone hosts an Inferred Mineral Resource of 334.1 Mt grading 0.33% CuEq. Additional I
Drill resultsPacific Ridge Signs Exploration Agreements with Takla Nation for Kliyul and RDP
Exploration Agreements have been signed with Takla Nation covering the Kliyul and RDP copper-gold projects in Northcentral B.C., establishing a framework for communication and collaboration as the projects advance. Kliyul's Main Zone hosts an Inferred Mineral Resource of 334.1 Mt grading 0.33% CuEq (0.15% copper, 0.26 g/t gold, 0.95 g/t silver). At RDP, hole RDP-25-011 returned 112.2 m of 1.35% Cu
CorporatePacific Ridge Intersects 289 m of 0.77% Copper Equivalent or 1.15 g/t Gold Equivalent at Kliyul Copper-Gold Project; Expands Mineralization of 110 m to the West
Drill hole KLI-25-070 at the Kliyul copper-gold project in B.C.'s Quesnel terrane returned 289.0 m of 0.77% CuEq or 1.15 g/t AuEq (0.26% copper, 0.75 g/t gold, 1.54 g/t silver) within 489.8 m of 0.56% CuEq. KLI-25-071 returned 91.0 m of 0.47% CuEq within 421 m of 0.24% CuEq and extended mineralization 110 m west of KLI-23-068. The two-hole, 1,287 m program targeted infill and expansion at the Kliy
Drill resultsPacific Ridge Closes Final Tranche of Brokered Financing; Raised Aggregate Gross Proceeds of C$4.65 Million
The second and final tranche of a brokered private placement closed for gross proceeds of C$1,958,426.62, comprising 7,806,734 units at C$0.20 and 1,726,434 flow-through units at C$0.23 (C$397,079.82), bringing aggregate gross proceeds to C$4,651,346.62 including the first tranche closed September 5, 2025. Each unit includes a warrant exercisable at C$0.28 until September 26, 2028. Net proceeds ar
FinancingPacific Ridge Announces Filing of NI 43-101 Technical Report for Kliyul Copper-Gold Project
An NI 43-101 technical report supporting the initial mineral resource estimate for the Kliyul Main Zone at the 100%-owned Kliyul copper-gold project in the Quesnel terrane, Northcentral B.C., has been filed on SEDAR+. The Inferred Mineral Resource totals 334.1 Mt grading 0.33% copper equivalent, 0.15% copper, 0.26 g/t gold and 0.95 g/t silver, containing 2.42 billion pounds CuEq, with an effective
Study resultsPacific Ridge Provides Drilling Update For Kliyul And Rdp Copper-Gold Projects
Two drill holes totaling 1,287 m were completed at the Kliyul copper-gold project and five holes totaling 2,156 m at the RDP copper-gold project, both in B.C.'s Toodoggone district. Kliyul drilling targeted infill and expansion of the Kliyul Main Zone, which hosts 334.1 Mt grading 0.33% CuEq inferred. At RDP's Day target, RDP-25-011 extended mineralization at least 50 m north of RDP-22-005, and co
Drill resultsDrilling Underway at Pacific Ridge’s Kliyul Copper-Gold Project
Drilling has begun at the 100%-owned Kliyul copper-gold project in B.C.'s Quesnel terrane, with a planned 2,500 m program targeting infill and resource expansion at the Kliyul Main Zone. KMZ hosts an Inferred Mineral Resource of 334.1 Mt grading 0.33% CuEq, 0.15% copper, 0.26 g/t gold and 0.95 g/t silver, containing 2.42 billion pounds CuEq, including 1.11 billion pounds copper, 2.74 million ounce
Drill resultsPacific Ridge Announces Initial Mineral Resource Estimate for Kliyul Copper-Gold Project
An initial inferred mineral resource estimate for the Kliyul Main Zone at the Kliyul copper-gold project in the Quesnel terrane of Northcentral B.C. reports 334.1 million tonnes grading 0.33% copper equivalent, 0.15% copper, 0.26 g/t gold and 0.95 g/t silver at a 0.20% CuEq cutoff, containing 2.42 billion pounds CuEq, 1.11 billion pounds copper, 2.74 million ounces gold and 10.22 million ounces si
Resource updateZTEM Survey Results Provide Vector to Porphyry Centre and New Targets at Pacific Ridge’s Kliyul Copper-Gold Project
An airborne ZTEM survey covering 541 line-kilometres, or 85% of the 100%-owned Kliyul copper-gold project in British Columbia's Quesnel terrane, indicates a 700 m NNE-trending KMZ-Klip Corridor running from the Kliyul Main Zone to the southern margin of a magnetic and resistivity high associated with the Darb Creek pluton. The results support the interpretation that 2023 drill hole KLI-23-069 inte
Drill resultsZTEM Survey Underway at Kliyul Copper-Gold Project; Pacific Ridge to Advance Three Copper-Gold Porphyry Projects this Summer
A 599 line-kilometre helicopter-borne ZTEM geophysical survey is underway at the 100%-owned Kliyul copper-gold project in British Columbia's Quesnel terrane, covering about 85% of the property and including the BAP Ridge, Ginger, Ginger South, Kliyul Main Zone, M-39 and Parish Hill targets, with modelling to provide 3D coverage to over one kilometre depth. Also planned this summer are an induced p
Drill resultsPacific Ridge Closes Second Tranche Of Oversubscribed Financing; Raises More Than $1.76 Million
The second and final tranche of a non-brokered private placement has closed, bringing total gross proceeds to $1,760,119.51. The second tranche consisted of 1,058,750 non-flow-through units at $0.08 for $84,700, following a first tranche of 12,072,500 NFT Units ($965,800) and 7,469,679 flow-through units at $0.095 ($709,619.51); each unit includes a warrant exercisable at $0.12 for two years. Proc
FinancingPacific Ridge Intersects 110.0 m of 0.97% Copper Equivalent or 1.44 g/t Gold Equivalent within 455.8 m of 0.43% Copper Equivalent or 0.63 g/t Gold Equivalent; Best Mineralized Interval of the 2023 Drilling Program at the Kliyul Copper-Gold Project
Drill hole KLI-23-068 at the 100%-owned Kliyul copper-gold project in north-central British Columbia returned 110.0 m of 0.97% CuEq or 1.44 g/t AuEq (0.27% copper, 1.03 g/t gold, 1.55 g/t silver) within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq. KLI-23-067 returned 57.4 m of 0.41% CuEq within 309.2 m of 0.32% CuEq, and KLI-23-069 returned 45.0 m of 0.58% CuEq from 584.0 m depth, the deepest mineraliz
Drill resultsPacific Ridge Acquires 100% Interest in RDP Copper Gold Project
Pacific Ridge Exploration has exercised its option to acquire a 100% interest in the RDP copper-gold project in northcentral British Columbia, 40 km west of its Kliyul project, by making cash payments of $125,000, issuing 1,200,000 shares and spending $810,000 on exploration by December 15, 2023. RDP is optioned to Antofagasta Minerals, which can earn 75% through $1,350,000 in payments, an $800,00
AcquisitionPacific Ridge Intersects 111.0 M of 0.45% Copper Equivalent or 0.67 g/t Gold Equivalent Within 600.4 M of 0.27% Copper Equivalent or 0.40 g/t Gold Equivalent at the Kliyul Copper-Gold Project; Drilling Further Expands Known Extents of Kliyul Main Zone Min
Drill hole KLI-23-065 at the Kliyul copper-gold project in British Columbia's Quesnel Terrane returned 111.0 m of 0.45% copper equivalent or 0.67 g/t gold equivalent (0.24% copper, 0.30 g/t gold, 0.70 g/t silver) within 600.4 m of 0.27% CuEq, while KLI-23-066 cut 116.9 m of 0.44% CuEq within 299.0 m of 0.27% CuEq. Holes KLI-23-063 to 066 expanded Kliyul Main Zone mineralization to roughly 750 m ea
Drill resultsPacific Ridge Almost Doubles Size of Kliyul Copper-Gold Project
The Kliyul copper-gold project in the Quesnel Terrane, north-central British Columbia, has been expanded from approximately 52 km2 to approximately 92 km2, now comprising 83 contiguous mineral claims. The additions came via a June 2023 sale-and-purchase agreement for a 160.63-hectare claim west of Kliyul and an August 2023 agreement for five claims totaling 4,074.77 hectares, covering a gossanous
NewsPacific Ridge Intersects 113.0m of 0.48% Copper Equivalent or 0.71g/t Gold Equivalent within 485.7m of 0.27% Copper Equivalent or 0.40g/t Gold Equivalent at the Kliyul Copper-Gold Project
Drill hole KLI-23-062 at the Kliyul copper-gold porphyry project in British Columbia's Quesnel Terrane returned 113.0 m of 0.48% copper equivalent or 0.71 g/t gold equivalent (0.22% copper, 0.36 g/t gold, 1.65 g/t silver) within 485.7 m of 0.27% CuEq or 0.40 g/t AuEq. KLI-23-060 returned 61 m of 0.40% CuEq within 100.0 m of 0.35% CuEq. The 2023 program totalled 19 holes over 10,284 metres, with re
Drill resultsPacific Ridge’s Common Shares Trading on the Frankfurt Stock Exchange
Pacific Ridge Exploration's common shares began trading on the Frankfurt Stock Exchange under the symbol PQWN, adding to its TSX Venture (PEX) and OTCQB (PEXZF) listings. The company completed 19 diamond drill holes totalling 10,284 metres at its 100%-owned Kliyul copper-gold project in British Columbia this year, plus three holes totalling 1,428 m at the RDP project, which is under option to Anto
CorporatePacific Ridge Intersects 103.5 M of 0.63% Copper Equivalent Within 388.5 M of 0.42% Copper Equivalent in Kliyul North Zone at Kliyul Copper-Gold Project
Drill hole KLI-23-058 at the Kliyul copper-gold porphyry project in British Columbia returned 103.5 m of 0.63% copper equivalent (0.18% copper, 0.66 g/t gold, 0.93 g/t silver) within 388.5 m of 0.42% CuEq, from the Kliyul North zone, a 130 m northern step-out. KLI-23-057 returned 89.3 m of 0.38% CuEq from 290 m and 80.0 m of 0.37% CuEq from 433 m. Results from 11 of this year's 19 holes remain pen
Drill resultsPacific Ridge Completes Over 11,700 M of Diamond Drilling at Kliyul and RDP Copper-Gold Projects
10,284 m of diamond drilling in 19 holes was completed at the 100%-owned Kliyul copper-gold project in British Columbia, the largest program there to date, plus 1,428 m in three holes at the RDP project 40 km west, funded by Antofagasta Minerals, which can earn 75% by spending $10,000,000 over eight years. Assays from the first four Kliyul holes were previously reported, including 305.5 m of 0.23%
Drill resultsDrilling Underway At Pacific Ridge’s RDP Copper-Gold Project
Drilling has begun at the RDP copper-gold project in northcentral British Columbia, 40 km west of the Kliyul project, with one hole (RDP-23-07) completed of a planned 1,800 m diamond drill program. RDP-23-07 is a 300 m eastern step-out from RDP-22-005, which returned 107.2 m of 1.45% CuEq (0.63% Cu, 1.10 g/t Au, 2.91 g/t Ag) within 497.2 m of 0.68% CuEq at the Day target. Surface geochemical sampl
Drill resultsPacific Ridge Intersects 305.5 M of 0.62% Copper Equivalent within 540.3 M of 0.46% Copper Equivalent at the Kliyul Copper-Gold Project
Drill hole KLI-23-054 at the Kliyul copper-gold porphyry project in British Columbia's Quesnel Trough returned 305.5 m of 0.62% CuEq (0.23% copper, 0.51 g/t gold, 1.22 g/t silver) within 540.3 m of 0.46% CuEq, from the first four holes of the 2023 program. KLI-23-052 returned 137.0 m of 0.42% CuEq from 63.0 m, KLI-23-051 36.0 m of 0.43% CuEq from 70.0 m, and KLI-23-053 31.5 m of 0.45% CuEq from 10
Drill resultsDrill Program at Kliyul Copper-Gold Project to be Increased from 7,000 M to 9,000 M; Largest Ever Drill Program
The diamond drill program at the 100%-owned Kliyul copper-gold project in British Columbia's Quesnel Trough has been increased from 7,000 m to 9,000 m, with 3,160 metres completed and two rigs on site. Funding comes from reallocating the Chuchi budget after a 2,000 m program there was cancelled due to wildfires and an Area Restriction order; part will fund up to 10 line-km of IP surveying at Onjo.
Drill resultsDrilling Underway at Pacific Ridge's Kliul Copper-gold Project
Diamond drilling has begun at the 100%-owned Kliyul copper-gold project in the Quesnel Trough, north-central British Columbia, with 7,000 m planned for 2023. The first rig is producing core from KLI-23-051 and a second rig has arrived, with KLI-23-052 to start shortly. Eleven planned holes include seven to expand the Kliyul Main Zone into adjacent fault blocks and four testing targets at Ginger, P
Drill resultsPacific Ridge Mobilizes Field Crews to Kliyul Copper-Gold Project; the First of Three Copper-Gold Projects to be Drilled this Year
Field crews have mobilized to the 100%-owned Kliyul copper-gold project in the Quesnel Trough, north-central British Columbia, where Pacific Ridge plans 7,000 m of diamond drilling this year targeting expansion of the Kliyul Main Zone and several undrilled interpreted porphyry centres. The company also plans 2,000 m of drilling at Chuchi and 1,800 m at RDP, with drilling at both expected to start
Drill resultsPacific Ridge Plans 7,000 Metre Drill Program at Kliyul Copper-Gold Project
A minimum 7,000 m diamond drill program in at least 12 holes is planned for 2023 at the 100%-owned Kliyul copper-gold porphyry project in the Quesnel Trough, north-central British Columbia, using two rigs. The program is fully funded and budgeted at $4.6 million, with drilling expected to be underway by the end of June. Over 4,000 m in at least seven holes will target expansion of the Kliyul Main
Drill resultsPacific Ridge Acquires 100% Interest in Kliyul and Redton Copper-Gold Projects
A 100% interest in the Kliyul and Redton copper-gold porphyry projects in British Columbia's Quesnel Trough has been acquired from AuRico Metals Inc., a wholly owned subsidiary of Centerra Gold, in exchange for 16,996,099 common shares. The agreement, subject to regulatory approval, replaces a prior earn-in for up to 75% requiring $7.0M in exploration spending, 3,500,000 shares and $160,000 in cas
AcquisitionPacific Ridge Intersects 89.0 M Of 1.06% Copper Equivalent within 328.0 M of 0.67% Copper Equivalent at Kliyul Copper-Gold Project; Materially Increases Size of Mineralized Body
Final results from the 2022 diamond drill program at the Kliyul copper-gold porphyry project in British Columbia's Quesnel Trough included hole KLI-22-050, which returned 89.0 m of 1.06% copper equivalent (0.28% copper, 1.05 g/t gold, 1.20 g/t silver) within 328.0 m of 0.67% CuEq. KLI-22-046 extended mineralization 250 m north of the Kliyul Main Zone with 59.0 m of 0.89% CuEq. The program totalled
Drill resultsPacific Ridge Intersects 588.0m of 0.41% Copper Equivalent or 0.56 g/t Gold Equivalent, Including 278.0m of 0.67% Copper Equivalent or 0.92 g/t Gold Equivalent from the Kliyul Copper-Gold Project
Drill hole KLI-22-041 at the Kliyul copper-gold porphyry project in the Quesnel Trough, northcentral British Columbia, returned 588.0 m of 0.41% CuEq or 0.56 g/t AuEq, including 278.0 m of 0.67% CuEq or 0.92 g/t AuEq (0.14% copper, 0.72 g/t gold, 0.95 g/t silver). Results from the first six holes of the 12-hole, 7,014.7 m program extended the Kliyul Main Zone north, south and at depth, to roughly
Drill resultsPacific Ridge Completes 2022 Drill Program At The Kliyul Copper-Gold Project; Expands Kliyul Porphyry Copper-Gold Footprint
The 2022 diamond drill program at the Kliyul copper-gold porphyry project in British Columbia's Quesnel Trough has been completed, totalling 7,014.7 m in 12 holes, the largest program to date at the project. All 12 holes encountered porphyry copper-gold style mineralization with pyrite, chalcopyrite and lesser bornite, expanding the known Kliyul porphyry footprint and related hydrothermal system t
Drill resultsPACIFIC RIDGE CLOSES $780,000 FINANCING WITH CRESCAT AND DELPHI
A non-brokered private placement of 3,391,304 units at $0.23 per unit closed for gross proceeds of $780,000, subscribed by Crescat Capital LLC and DELPHI Unternehmensberatung Aktiengesellschaft, the company's two largest shareholders. Each unit includes one common share and one-half warrant exercisable at $0.35 for two years, with a hold period until January 23, 2023 and no finders' fees. Proceeds
FinancingCrescat, Delphi to Fund Additional Drilling at Pacific Ridge's Kliyul Copper-Gold Project
A previously announced non-brokered private placement will be increased by 1,000,000 units to 3,391,305 units at $0.23 per unit for gross proceeds of up to $780,000. DELPHI Unternehmensberatung intends to acquire the additional 1,000,000 units and Crescat Capital the remaining 2,391,305 units. Each unit includes one common share and one-half warrant exercisable at $0.35 for two years, with proceed
FinancingPacific Ridge to Increase Size of Drill Program at the Kliyul Copper-Gold Project
The diamond drill program underway at the Kliyul copper-gold project in northcentral B.C. will be expanded from 6,000 m to 6,800 m. The additional drilling will be funded by a non-brokered private placement of up to 2,391,305 units at $0.23 per unit for gross proceeds of up to $550,000, with Crescat Capital LLC intending to acquire all units. Each unit includes one common share and one-half warran
Drill resultsPacific Ridge Completes Drill Program at RDP Copper-Gold Project
1,861 m of drilling in six holes has been completed at the RDP copper-gold project in northcentral British Columbia, with five holes totalling 1,393 m at the Day target and one 468 m hole at Roy. Hole RDP-22-005 reached 513 m and encountered zoned copper sulphide mineralization to the end of the hole, including a central bornite-chalcopyrite zone over 166 m from 78 m to 244 m. Initial Day and Roy
Drill resultsDrilling Underway at Pacific Ridge’s RDP Copper-Gold Project; Kliyul Copper-Gold Drilling Update
Diamond drilling has begun at the RDP copper-gold project in northcentral British Columbia, a planned 1,500 m program funded by Antofagasta Minerals S.A., which can earn a 75% interest by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment. Pacific Ridge is operator, with two holes planned at the Day target and one at Roy. At Kliyul, 3,939 metres o
Drill resultsLargest Ever Drill Program At The Kliyul Copper-Gold Porphyry Project Underway
A 6,000 m diamond drill program using two rigs began last week at the Kliyul copper-gold project in the Quesnel Trough, northcentral B.C., targeting lateral and depth expansion of the Kliyul Main Zone. Priority holes step out from KLI-21-037 (316.7 m of 0.75% CuEq), KLI-21-036 (437 m of 0.61% CuEq) and KLI-21-038 (342 m of 0.50% CuEq). An IP survey over Bap Ridge and M-39 and an airborne magnetic
Drill resultsField Crews Mobilized to Pacific Ridge’s Kliyul and RDP Copper-Gold Porphyry Projects
Field crews have mobilized and camp construction is underway at the Kliyul copper-gold project in British Columbia, with a planned 6,000 m diamond drill program using two rigs expected to start next week, targeting step-outs from 2021 holes including KLI-21-037 (316.7 m of 0.75% CuEq). An IP survey and airborne magnetic survey are also planned. A 1,500 m drill program at the RDP project, funded by
Drill resultsPacific Ridge Announces AGM Results
Shareholders elected Gerald Carlson, Blaine Monaghan, Bruce Youngman, Borden Putnam III and Gary Baschuk as directors at the Annual General Meeting held June 23, 2022, re-appointed PricewaterhouseCoopers LLP as auditor, and approved a rolling incentive stock option plan reserving up to 10% of issued shares, subject to TSX Venture Exchange acceptance. Officers appointed include Carlson as Executive
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