Pacific Ridge Exploration Ltd V.PEX

Alternate Symbol(s): PEXZF

Metals & Mining Industrial Metals & Minerals

Pacific Ridge Exploration Ltd. is a Canada-based copper-gold exploration company. The Company's British Columbia projects include Kliyul, Redton, RDP, Onjo and Chuchi. The Company's Yukon Projects include Mariposa, Eureka Dome and Gold Cap. The Company owns 100% of the Kliyul copper-gold project, which is over 90 square kilometers (km2) in size and is located in the prolific Quesnel Terrane close to existing infrastructure. Its Redton project is a porphyry Cu-Au property that adjoins Northwest Copper Corporation's Kwanika property along its eastern and northern boundary. Its RDP project is an approximately 3,800 hectares (ha) project lying within the Stikine Terrane, which is host to numerous significant porphyry deposits in northern British Columbia, including Kemess, Red Chris, Kerr - Sulphurets and Galore Creek. Its Onjo project targets gold-copper porphyry deposit. The Orbison project is a reconnaissance porphyry Cu-Au exploration program in central British Columbia.

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Pacific Ridge Exploration Ltd

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Comment by MiningMonsteron Sep 28, 2011 2:10pm

473 Views

Post# 19094350

RE: RE: Done for

Relikwikie,
As if it doesn't go without saying:
They do not have an economical deposit of gold on their property as was previously expected. That's why the share price plummeted yesterday and is hitting a fresh low today. I do not see how they will reverse the slide since they do not have an economical asset. (that is really bad for an investor).
Good luck.

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