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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.


TSXV:PEX - Post by User

Pacific Ridge Exploration Ltd > $11,485,000 placement
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Comment by StrikeGoldon Nov 17, 2022 2:25pm
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Post# 35107924

RE:$11,485,000 placement

RE:$11,485,000 placement Interesting that the funding package was done right away and not until after the step out hole results.   I have a feeling the deal is such that the participants may have initiated this as an offer right after yesterday's news.  Can't tell by the reading of the news for sure though who started what and when, but it sure seems quick.   

Since similar mineralization was seen visually in all 12 holes, I'm betting that the funding participants are expecting the step out hole results to be released next to be very good and may have wanted to get in early.   

Anyone else here thinking the same?      
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