Pacific Ridge Expl Ltd Stock Price, News & Analysis

Pacific Ridge Exploration (OTCQB: PEXZF) has commenced drilling operations at its 100% owned RDP copper-gold project in British Columbia's Golden Horseshoe region. The company plans to drill a minimum of 1,500 meters at the Day target, which previously yielded impressive results in 2022.

The Day target's previous drilling highlight includes hole RDP-22-005, which intersected 107.2 meters of 1.39% copper equivalent (0.63% copper, 1.10 g/t gold, and 2.91 g/t silver) within a broader zone of 497.2 meters of 0.66% copper equivalent. The mineralization remains open in multiple directions and shows potential for a larger porphyry source at depth.

Pacific Ridge Exploration (OTCQB:PEXZF) announced the results of its Annual General Meeting held on June 26, 2025. Shareholders approved all motions, including the reappointment of PricewaterhouseCoopers LLP as auditor and the rolling incentive stock option plan.

The company welcomed two new independent directors, Stacie Jones and Josh Kierce, to its Board of Directors, while Tally Barmash was appointed as the new Corporate Secretary, replacing Arie Page. Former director Gary Baschuk did not stand for re-election.

Pacific Ridge Exploration (PEXZF) has announced a strategic partnership with Fiore Group, a private firm specializing in natural resources investments. Fiore will provide financial advisory and administrative services to Pacific Ridge. Additionally, the company has appointed Rob McLeod and Ryan Weymark as strategic advisors, who will focus on identifying new opportunities for shareholder growth. The company's President & CEO Blaine Monaghan expressed confidence that the partnership with Fiore, which has already invested in Pacific Ridge's recent financing round, will help maximize shareholder value.

Pacific Ridge Exploration (TSXV: PEX) (OTCQB: PEXZF) announced it will display drill core from its Chuchi copper-gold project at the 2025 PDAC Core Shack on March 2-3 at booth #3114A. The company will also discuss plans to drill the RDP copper-gold project and meet with potential joint venture partners for the Kliyul copper-gold project.

At Chuchi, Pacific Ridge's 2024 inaugural drill program completed 2,716m across five holes, with all intersecting copper-gold mineralization. Drill hole CH-24-073 returned 65.0m of 0.42% copper equivalent within 382.0m of 0.27% copper equivalent.

The RDP project, previously under option to Antofagasta Minerals, delivered impressive results in 2022 with hole RDP-22-005 returning 107.2m of 1.39% copper equivalent within 497.2m of 0.66% copper equivalent.

At Kliyul, where Pacific Ridge has invested ~$14.0 million since 2020, drilling has increased the mineralized extents tenfold. The project remains open in multiple directions and is available for joint venture.

Pacific Ridge Exploration (TSXV: PEX) (OTCQB: PEXZF) has announced the effective date for its previously reported share consolidation. The consolidation, set for January 23, 2025, will be conducted on a 10:1 ratio, where every ten pre-consolidation shares will be converted into one post-consolidation share.

Following the consolidation, the company will have approximately 17.0M common shares outstanding with a market capitalization under CAD$5.0M. Pacific Ridge will maintain control of eight copper projects across America and Canada, with over $20.0M spent on Canadian projects since 2021. The company plans to seek partners for Canadian copper projects while focusing on recently optioned copper and gold projects in America.

The shares will continue trading on the TSXV under the symbol 'PEX' with new CUSIP and ISIN numbers. No fractional shares will be issued, and any fractional interests will be rounded down. The consolidation will proportionally adjust outstanding warrants, options, and similar securities.

Pacific Ridge Exploration (TSXV: PEX) (OTCQB: PEXZF) has announced its participation in AME Roundup, where management will showcase their project portfolio at booth #216 from January 20-23. The company will display drill core from its Chuchi copper-gold project at the Core Shack booth #1026 on January 20-21.

The company recently acquired options for four new copper and gold projects in the U.S.: Mineral Hill gold project in Wyoming, Red Star copper project in Utah, Ripsey West copper project in Arizona, and Royston copper project in Nevada. These acquisitions bring their total copper project portfolio to eight properties across America and Canada.

For 2025, Pacific Ridge plans to focus on these new U.S. projects while seeking partners for their 100% owned Kliyul and RDP copper-gold projects in B.C. Additionally, the company intends to create value through spinning out their gold projects, including the Yukon-based Mariposa, Eureka Dome, and Gold Cap projects, along with the newly acquired Mineral Hill, into a new North American gold exploration company.

Pacific Ridge Exploration has entered into option agreements with Bronco Creek Exploration (BCE), a subsidiary of EMX Royalty , to acquire a portfolio of copper and gold projects in the United States. The agreement includes exclusive options to acquire 100% interest in four projects: Mineral Hill (Wyoming), Red Star (Utah), Ripsey West (Arizona), and Royston (Nevada).

The acquisition positions Pacific Ridge as one of North America's leading copper exploration companies, with projects in premier mining districts. The company plans to spin out its Yukon gold projects to create a new North American gold-focused exploration company. The new projects are all road accessible, allowing year-round exploration, and are located in mining-friendly states that rank highly in the Fraser Institute's 2023 annual mining survey.

Pacific Ridge Exploration (TSXV: PEX) (OTCQB: PEXZ) has provided an overview of its 2024 activities and 2025 plans. In 2024, the company raised $3,467,999 to advance its copper-gold porphyry projects in British Columbia. Key achievements include completing an inaugural diamond drill program at Chuchi with 2,716m in five holes, conducting a ZTEM survey at Kliyul, and performing an IP survey at Redton.

For 2025, Pacific Ridge plans to diversify its portfolio by acquiring copper porphyry projects in the United States during Q1, spin out its Yukon gold projects into a new company in H1, and pursue a joint venture partner for Kliyul. The company aims to expand its footprint into areas with some of the world's largest copper porphyry mines while maintaining its focus on copper-gold porphyry exploration in British Columbia.

Pacific Ridge Exploration announced exceptional results from its inaugural drill program at the Chuchi copper-gold project in British Columbia. The company completed 2,716 meters in five diamond drill holes across the BP Zone, with every hole intersecting copper-gold mineralization. Notable results include drill hole CH-24-073 returning 65.0m of 0.42% copper equivalent within 382.0m of 0.27% copper equivalent. The program revealed two mineralized porphyritic intrusions at the BP Zone and Digger Zone, suggesting the presence of a large porphyry system that remains open laterally and at depth. The project is located 35 km northwest of Centerra Gold's Mount Milligan Mine and is road accessible.