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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

Post by StrikeGoldon Apr 18, 2024 2:53pm
51 Views
Post# 35996521

Hadn't noticed RDP option news in March

Hadn't noticed RDP option news in March Hadn't noticed below that RDP was returned by Antofagastaso that Pac Ridge has a 100% interest and no option agreement with any other company at this time. 

https://stockhouse.com/news/press-releases/2024/03/13/pacific-ridge-provides-an-overview-of-its-projects-and-plans
 
 
About RDP
 
Owned 100% by Pacific Ridge, RDP is over 100 km2 in size and is located 40 km west of Kliyul in the Stikine terrane (see Figure 4). RDP was under option to Antofagasta Minerals S.A. ("Antofagasta") but was recently returned to the Company.

From 2022 to 2024, Antofagasta funded 3,288 metres of diamond drilling in nine holes, 16 line-km of IP surveys, rock sampling, and soil sampling.

Drill highlights include drill hole RDP-22-005 which intersected 107.2 m of 1.39% CuEq1 or 2.06 g/t AuEq2 (0.63% copper, 1.10 g/t gold, and 2.91 g/t silver) 
 
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