Welcome to our dedicated page for Pacific Ridge Expl news (Ticker: PEXZF), a resource for investors and traders seeking the latest updates and insights on Pacific Ridge Expl stock.
Pacific Ridge Exploration Ltd. explores a British Columbia copper-gold portfolio under the OTCQB symbol PEXZF and TSX Venture symbol PEX. Company news commonly centers on drilling and exploration planning at its 100% owned Kliyul and RDP copper-gold projects, including assay results, copper-equivalent and gold-equivalent intervals, mineralization expansion, and porphyry targets in the Quesnel terrane and Toodoggone Mining District.
Recurring corporate updates also cover the Kliyul Main Zone resource, the broader Chuchi, Onjo, and Redton project portfolio, exploration agreements with Takla Nation, stock option grants, investor-relations agreements, and governance or exchange-policy matters tied to Pacific Ridge's public-company status.
Pacific Ridge Exploration (OTCQB: PEXZF) has provided a drilling update for its two copper-gold projects in B.C.'s Golden Horseshoe. At the Kliyul project, two drill holes totaling 1,287m were completed, focusing on the Kliyul Main Zone which hosts 334.1 Mt of inferred resources at 0.33% copper equivalent.
At the RDP project, five drill holes totaling 2,156m were completed at the Day target, following up on previous significant results including 107.2m of 1.39% CuEq from a 2022 drill hole. Both projects showed strong copper mineralization in the latest drilling program, with chalcopyrite and bornite mineralization observed across multiple holes.
Pacific Ridge Exploration (OTCQB: PEXZF) has commenced drilling at its 100% owned Kliyul copper-gold project in British Columbia's Quesnel terrane. The company plans a 2,500-meter drill program focused on the Kliyul Main Zone (KMZ), which hosts significant mineral resources in the Inferred category including:
- 334.1 million tonnes grading 0.33% copper equivalent
- 1.11 billion pounds of copper
- 2.74 million ounces of gold
- 10.22 million ounces of silver
Since 2020, Pacific Ridge has invested over $14 million and drilled more than 19,000 meters at Kliyul. The project spans over 90 km² and is strategically located near existing infrastructure. The KMZ mineralization remains open for expansion, with the 2023 drilling program revealing the deepest mineralized interval ever encountered at the project.
Pacific Ridge Exploration (OTCQB: PEXZF) has provided an update on its drilling program at the 100% owned RDP copper-gold project in B.C.'s Golden Horseshoe. The company's 2025 drilling program at the Day target follows up on impressive 2022 results, which included hole RDP-22-005 that intersected 107.2m of 1.39% copper equivalent.
The current program has completed several strategic drill holes (RDP-25-010 through RDP-25-014) confirming that the porphyry Cu-Au-Ag mineralization at Day is hosted in a westward-striking, steeply northward-dipping tabular body. Notable findings include strong copper mineralization and chalcopyrite+/- bornite mineralization extending mineralization to the north by a minimum of 50m, with mineralization remaining open.
Pacific Ridge Exploration (OTCQB: PEXZF) has announced its initial mineral resource estimate (MRE) for the Kliyul Main Zone (KMZ) at its 100% owned Kliyul copper-gold project in British Columbia. The KMZ hosts 334.1 million tonnes of inferred mineral resources grading 0.33% copper equivalent, containing 1.11 billion pounds of copper, 2.74 million ounces of gold, and 10.22 million ounces of silver.
The resource estimate represents a significant milestone for Pacific Ridge, with mineralization remaining open for expansion. The company has invested over $14 million and drilled more than 19,000 meters at Kliyul since 2020. The project is strategically located near existing infrastructure, including an Omineca Resource Road and a 230 kV high-voltage power line.
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 (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.