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Pacific Ridge Exploration Ltd V.PEX

Alternate Symbol(s):  PEXZF

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

Comment by StrikeGoldon Jan 09, 2024 2:23pm
103 Views
Post# 35817878

RE:Very nice Kliyul i/s

RE:Very nice Kliyul i/s
I don't want to give investment advice, but IMO we still have poor junior exploration market conditions where a great news release doesn't give hardly any upside.   This can be great news for those now looking for a position or to add to it.
 
What I'm looking at:
 
--Funding for 2024 exploration will not be a problem.  
--They haven't reached the highest grades of the deposit.  
--Top notch management and geology team
--Odds of this being a economic deposit continue to increase
--Encouraging signs that the entire area of properties owned by Pac Ridge may be endowed with similar mineralization.
 
Best of all, the market hasn't priced in most of this, so prospective buyers still have time.  I just wish I had the funds available to quadruple my position at this price. 
 
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