Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement ("Financing") raising a total of $1,760,119.51.

Vancouver, British Columbia--(Newsfile Corp. - March 25, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the first tranche of its oversubscribed non-brokered private placement ("Financing") raising a total of $1,675,419.51.

Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to provide an overview of the Company's objective, its project portfolio, and its exploration plans for 2024 and beyond.

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that due to strong investor demand, the previously announced financing (see news release dated February 22, 2024) has been increased from $1,350,500 to $1,650,500 to fund continued exploration at the Company's 100% owned Kliyul copper-gold project ("Kliyul" or the "Project") located in the prolific Quesnel Terrane in northcentral B.C. (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that drill core from both the Kliyul copper-gold project ("Kliyul") and the RDP copper-gold project ("RDP") will be showcased at this year's PDAC core shack. Kliyul and RDP are located in northcentral B.C. (See Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from the final three diamond drill holes, KLI-23-067 to KLI-23-069, of the 2023 drilling program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") with drill hole KLI-23-068 intersecting 110.0 m of 0.97% copper equivalent ("CuEq") or 1.44 g/t gold equivalent ("AuEq") (0.27% copper, 1.03 g/t gold, and 1.55 g/t silver) within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq (0.17% copper, 0.37 g/t gold, and 0.93 g/t silver). Owned 100% by the Company, Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has exercised its option to acquire a 100% interest in the RDP copper-gold project ("RDP" or the "Project"). RDP is located in northcentral British Columbia, 40 km west of the Company's 100% owned flagship Kliyul copper-gold project ("Kliyul") (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that the results from the 2023 induced polarization ("IP") survey confirmed the potential for several large porphyry systems at the Chuchi copper-gold project ("Chuchi") and the Chuchi South copper-gold project ("Chuchi South") (the "Projects"). The Company will use the results of the IP survey to further refine targets for its inaugural diamond drill program in 2024. Chuchi and Chuchi South are located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from diamond drill holes KLI-23-063 to KLI-23-066 from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"). Drill hole KLI-23-065 intersected 111.0 m of 0.45% copper equivalent ("CuEq") or 0.67 g/t gold equivalent ("AuEq") (0.24% copper, 0.30 g/t gold, and 0.70 g/t silver) within 600.4 m 0.27% CuEq or 0.40 g/t AuEq (0.14% copper, 0.18 g/t gold, and 0.53 g/t silver). Holes KLI-23-063 to KLI-23-066 have expanded the known extents of Kliyul Main Zone ("KMZ") mineralization to ~750 m east-west, ~ 600 m north-south, and ~600 m vertical depth. Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from this year's diamond drill campaign at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1). Antofagasta Minerals S.A. ("Antofagasta"), a wholly owned subsidiary of Antofagasta PLC (ANTO: LSE), can earn a 75% interest in RDP by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment report (See news release dated February 8, 2022). Pacific Ridge is the operator and supported the diamond drill program from Kliyul camp.

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has almost doubled the size of the Kliyul copper-gold project ("Kliyul" or the "Project") from approximately 52 km2 to approximately 92 km2. The new mineral claims ("Claims") are contiguous and adjoin the western and southern side of Kliyul (see Figure 1). The Project is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 2).

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce results from diamond drill holes KLI-23-059 to KLI-23-062 from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"). Drill hole KLI-23-062 returned 113.0 m of 0.48% copper equivalent ("CuEq") or 0.71 g/t gold equivalent ("AuEq") (0.22% copper, 0.36 g/t gold, and 1.65 g/t silver) within 485.7 m of 0.27% CuEq or 0.40 g/t AuEq (0.15% copper, 0.17 g/t gold, and 0.89 g/t silver). Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that its common shares are now trading on the Frankfurt Stock Exchange ("FSE") under the trading symbol "PQWN".

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce additional drill results, for holes KLI-23-055 to KLI-23-058, from this year's diamond drilling campaign at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") with drill hole KLI-23-058 intersecting 103.5 m of 0.63% copper equivalent ("CuEq") (0.18% copper, 0.66 g/t gold, and 0.93 g/t silver) within 388.5 m of 0.42% CuEq (0.18% copper, 0.35 g/t gold and 1.05 g/t silver). Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed its oversubscribed non-brokered private placement (the "Offering") by issuing 3,672,667 units at a price of $0.18 per unit for aggregate gross proceeds to the Company of $661,080.06. Each unit consists of one common share of the Company and one common share purchase warrant, with each warrant entitling the holder to purchase one common share of the Company at a price of $0.27 at any time on or before September 28, 2025. The securities are subject to a hold period ending on January 29, 2024.

Vancouver, British Columbia--(Newsfile Corp. - September 21, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the Company completed 10,284 m of diamond drilling at its 100% owned Kliyul copper-gold project ("Kliyul") and 1,428 m at the RDP copper-gold project ("RDP"). Kliyul is located in the prolific Quesnel Terrane, close to existing infrastructure, and RDP is located 40 km to the west of Kliyul in the Stikine Terrane (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that an induced polarization ("IP") survey is underway at the Company's Chuchi copper-gold project ("Chuchi") and the Onjo copper-gold project ("Onjo"). Both projects are located in the prolific Quesnel Terrane in northcentral B.C. (See Figure 1 for a location map).

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Pacific Ridge Exploration Ltd. (TXSV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling is underway at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1). Antofagasta Minerals S.A., a wholly owned subsidiary of Antofagasta PLC (LSE: ANTO), can earn a 75% interest in RDP by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment report (See news release dated February 8, 2022). Pacific Ridge is the operator and is supporting the RDP exploration program from Kliyul camp.

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the first four diamond drill holes (KLI-23-51 to KLI-23-054) from this year's exploration program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project") intersected significant copper-gold mineralization with drill hole KLI-23-054 returning 305.5 m of 0.62% copper equivalent ("CuEq") (0.23% copper, 0.51 g/t gold, and 1.22 g/t silver) within 540.3 m of 0.46% CuEq (0.19% copper, 0.36 g/t gold, and 1.09 g/t silver). Kliyul is located in the prolific Quesnel Trough in northcentral British Columbia close to existing infrastructure (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that exploration is underway at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1). Antofagasta Minerals S.A. ("Antofagasta"), a wholly owned subsidiary of Antofagasta PLC (LSE: ANTO), can earn a 75% interest in RDP by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment report (See news release dated February 8, 2022).

Vancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it is increasing the size of the diamond drill program at its 100% owned Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in north-central British Columbia, from 7,000 m to 9,000 m. This will be the largest ever drill program to take place at Kliyul.

Vancouver, British Columbia--(Newsfile Corp. - June 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting ("AGM") held June 27, 2023: Gerald Carlson (Executive Chairman), Blaine Monaghan (President & CEO), Bruce Youngman (an independent director), Borden Putnam III (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved Pacific Ridge's rolling incentive stock option plan (the "Plan") pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the Plan. The Plan is subject to TSX Venture Exchange acceptance.

Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling is underway at the Company's 100% owned Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in north-central British Columbia (see Figure 1). Pacific Ridge plans to complete 7,000 m of diamond drilling at Kliyul this year.

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that field crews have been mobilized to its 100% owned Kliyul copper-gold project ("Kliyul"), located in the prolific Quesnel Trough in north-central British Columbia. The Company plans to complete 7,000 m of diamond drilling at Kliyul this year. Additionally, Pacific Ridge is planning a 2,000 m diamond drill program at the Chuchi copper-gold project ("Chuchi") and an 1,800 m diamond drill program at the RDP copper-gold project ("RDP"), under option to Antofagasta Minerals S.A. (See Figure 1 for a location map).

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the Company's 2023 exploration plans for its 100% owned Kliyul copper-gold porphyry project ("Kliyul"), located in the prolific Quesnel Trough in northcentral British Columbia (see Figure 1). The exploration program will have two main objectives, 1) to expand the size of the Kliyul Main Zone ("KMZ") mineralized body to the southeast and into neighbouring fault blocks (see Figure 2), and, 2) testing several high priority targets that occur along the Divide Lake Fault Trend, a highly-prospective 6-km-long alteration and mineralization corridor (see Figure 3).

VANCOUVER, BC, May 11, 2023 /CNW/ -

VANCOUVER, BC, May 10, 2023 /CNW/ -

VANCOUVER, BC, May 10, 2023 /CNW/ - Trading resumes in:

Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has reached an agreement with AuRico Metals Inc. ("AuRico"), a wholly owned subsidiary of Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ("Centerra"), to acquire a 100% interest in the Kliyul and Redton copper-gold porphyry projects (the "Projects") by issuing 16,996,099 common shares to AuRico (the "Agreement"). The Projects are located in the prolific Quesnel Trough in northcentral British Columbia (see Figure 1).

VANCOUVER, BC, May 10, 2023 /CNW/ - The following issues have been halted by IIROC:

Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has received a $400,000 cash payment from BMC Minerals Ltd. ("BMC") for the Company's Fyre Lake property, located in the Yukon. This was BMC's final payment to acquire a 100% interest in Fyre Lake. The Company will be paid a further $1,000,000 when BMC's Kudz Ze Kayah property has reached commercial production for one year.

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has acquired an option to earn up to a 75% interest in the Chuchi South property ("Chuchi South" or the "Property") from American Copper Development Corporation (TSXV: ACDX) ("ACDX") and prospector Ronald Bilquist ("Bilquist"). The Property adjoins Pacific Ridge's Chuchi porphyry copper-gold project ("Chuchi") on the south and west. Combined, Chuchi and Chuchi South (the "Properties") are more than 16,000 hectares in size, which more than doubles the size of Pacific Ridge's current land position at Chuchi (6,100 hectares). The Properties host several compelling exploration targets (see Figure 1), are road accessible and are located approximately 35 km northwest of Centerra Gold Inc.'s Mount Milligan mine within British Columbia's prolific Quesnel Trough.

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has received $600,000 from DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") through the exercise of all the 4,000,0000 warrants priced at $0.15 per warrant. The warrants were issued pursuant to a financing that closed on March 5, 2021 (the "Financing"). DELPHI was the sole participant in the Financing.

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Vancouver, British Columbia--(Newsfile Corp. - February 1, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has granted incentive stock options to various officers, directors, employees, and consultants to purchase 2,575,000 common shares of the Company at an exercise price of CAD$0.30 per share, exercisable for a period of five years.

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the remaining results from the 2022 diamond drill program completed at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia.

DELPHI Unternehmensberatung Aktiengesellschaft (“DELPHI”) has disposed of 33,000 common shares (“Common Share”) of Pacific Ridge Exploration Ltd. (TSX-V: PEX) (“Issuer”) on the TSX Venture Exchange at a price of $0.29 per Common Share for a total...

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the remaining results from the 2022 drill program completed at the RDP copper-gold project ("RDP" or the "Project"), including drill hole RDP-22-003, which returned 59.4 m of 1.68% copper equivalent ("CuEq") from the Day Zone. RDP is located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1).

VANCOUVER, BC, Jan. 6, 2023 /CNW/ -

Vancouver, British Columbia--(Newsfile Corp. - December 28, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has amended payment terms with BMC Minerals Ltd. ("BMC") for the option to purchase the Company's Fyre Lake property, located in the Yukon, and has received a $500,000 cash payment.

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the "Offering") of flow-through units of the Company (each, a "FT Unit") underwritten by Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters comprised of Beacon Securities Limited and M Partners Inc. (collectively, the "Underwriters"). Pursuant to the Offering, the Company sold 18,750,000 FT Units at a price of C$0.32 per FT Unit, including 3,125,000 FT Units issued pursuant to the exercise of the Underwriters' over-allotment option for aggregate gross proceeds to the Company of $6,000,000.

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the 2022 exploration program at the Onjo copper-gold project ("Onjo" or the "Project"), located 10 km west of Centerra Gold Inc.'s ("Centerra") Mount Milligan mine in northcentral B.C., identified three new porphyry copper-gold targets. The exploration program at the Project consisted of prospecting, geological mapping, a soil sampling program and ZTEM airborne geophysical survey. Onjo hosts skarn and alkalic porphyry copper-gold mineralization associated with dioritic to monzonitic phases of the Witch Lake Diorite.

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Pacific Ridge Exploration Ltd. (“Pacific Ridge” or the “Company”) (PEX: TSXV; PEXZF: OTCQB), a B.C. based copper-gold exploration, today announced that Blaine Monaghan, President and CEO, will present live at VirtualInvestorConferences.com on...

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase for resale 15,625,000 flow-through units of the Company (each, a "FT Unit") at a price of C$0.32 per FT Unit (the "Offering Price") for gross proceeds of C$5,000,000.

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the 2022 exploration program at the Chuchi copper-gold project ("Chuchi" or the "Project"), located 35-km northwest of Centerra Gold Inc.'s ("Centerra") Mount Milligan mine in northcentral B.C., identified several new porphyry copper-gold targets and that the BP Zone, where most of the historical drilling was focused, has room to expand. The 2022 exploration program consisted of prospecting, geological mapping, a soil sampling program and ZTEM airborne geophysical survey.

Vancouver, British Columbia--(Newsfile Corp. - November 17, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP as lead agent on behalf of a syndicate of one or more additional agents (referred to collectively as the "Agents"), in connection with a "best efforts" private placement financing of (i) 8,900,000 units of the Company (the "Units") at a price of C$0.28 per Unit, (ii) 6,250,000 units of the Company issued on a flow-through basis (the "FT Units") at a price of C$0.32 per FT Unit, and (iii) 16,650,000 units of the Company issued on a charity flow-through basis (the "Charity FT Units") at a price of C$0.42 per Charity FT Unit, and together with the Units and FT Units, (the "Offered Securities") for aggregate gross proceeds of C$11,485,000 (the "Offering").

Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drill hole KLI-22-041 returned 588.0 m of 0.41% copper equivalent ("CuEq") or 0.56 g/t gold equivalent ("AuEq"), including 278.0 m of 0.67% CuEq or 0.92 g/t AuEq, from the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia. The program comprised 7,014.7 metres in 12 drill holes, the largest ever drill program at the Project. Results of the first six drill holes, holes KLI-22-39 to KLI-22-44, are reported in Table 1 below.

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drill hole RDP-22-005 returned 497.2 m of 0.66% copper equivalent ("CuEq") or 0.96 g/t gold equivalent ("AuEq"), including 107.2 m of 1.41% CuEq or 2.04 g/t AuEq, from the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia, 40 km west of the Company's flagship Kliyul copper-gold project ("Kliyul") (see Figure 1). Pacific Ridge's inaugural drill program at RDP totaled 1,861 metres in six drill holes. Remaining assay results will be reported when received.

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Pacific Ridge Exploration Ltd. (“Pacific Ridge or the “Company”) (PEX: TSXV; PEXZF: OTCQB), a B.C. based copper-gold exploration, today announced that Blaine Monaghan, President and CEO, will present live at VirtualInvestorConferences.com on...

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Vancouver, British Columbia--(Newsfile Corp. - September 27, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed the 2022 diamond drill program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in northcentral British Columbia (see Figure 1). The Company completed 7014.7 m of drilling in 12 holes, the largest ever drill program at the Project, and successfully expanded the known Kliyul porphyry copper-gold footprint.

DELPHI Unternehmensberatung Aktiengesellschaft (“DELPHI”) has acquired 1,000,000 units (“Units”) of Pacific Ridge Exploration Ltd. (TSX-V: PEX) (“Issuer”) at a price of $0.23 per Unit, with each Unit comprised of one common share (“Common Share")...

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement (see news release dated September 4, 2022) with Crescat Capital LLC and DELPHI Unternehmensberatung Aktiengesellschaft, the Company's two largest shareholders. Pacific Ridge issued 3,391,304 units at a price of $0.23 per unit ("Unit") for gross proceeds of $780,000 (the "Financing").

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") plans to increase the size of the previously announced non-brokered private placement (see news release dated September 2, 2022) by 1,000,000 units to 3,391,305 units at a price of $0.23 per unit ("Unit") for gross proceeds of up to $780,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft, Pacific Ridge's second largest shareholder, intends to acquire the additional 1,000,000 Units. Crescat Capital LLC, the Company's largest shareholder, intends to acquire the remaining 2,391,305 Units.

Vancouver, British Columbia--(Newsfile Corp. - September 2, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce its plans to increase the size of the diamond drill program currently underway at the Kliyul copper-gold project ("Kliyul"), located in northcentral B.C., from 6,000 m to 6,800 m. The Company will fund the additional drilling through the issuance of up to 2,391,305 units in a non-brokered private placement at a price of $0.23 per unit ("Unit") for gross proceeds of up to $550,000 (the "Financing"). Crescat Capital LLC ("Crescat") intends to acquire all of the Units.

Vancouver, British Columbia--(Newsfile Corp. - September 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has completed its first ever diamond drill program at the RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia (see Figure 1). The Company completed 1,861 m of drilling at RDP in six drill holes.

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed ZTEM airborne geophysical surveys at the Chuchi and Onjo copper-gold porphyry projects located to the west of Centerra Gold Inc.'s ("Centerra") (TSX: CG) (NYSE: CGAU) Mount Milligan mine in northcentral B.C. (please see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that drilling has commenced at its RDP copper-gold project ("RDP" or the "Project"), located in northcentral British Columbia (see Figure 1). The planned 1,500 m diamond drill program is being funded by Antofagasta Minerals S.A. ("Antofagasta"), a subsidiary of Antofagasta PLC, who can earn a 75% interest in the Project by spending $10,000,000 on exploration over eight years and delivering a preliminary economic assessment report. Pacific Ridge is the operator and is supporting the drill program from the Kliyul copper-gold project ("Kliyul") camp.

Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the July 27th and July 28th Metals & Mining Growth Virtual Investor Conference are now available for on-demand viewing....

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Virtual Investor Conference to be held on Wednesday, July 27th and Thursday, July 28th. Individual...

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program at the Kliyul copper-gold project ("Kliyul" or the "Project"), located in the prolific Quesnel Trough in northcentral B.C. (see Figure 1), began last week.

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that field crews have been mobilized to the Kliyul copper-gold project ("Kliyul") and that camp construction is underway. The exploration camp at Kliyul will also support exploration activities at the RDP copper-gold project ("RDP"), which is located 40 km to the west (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting held June 23, 2022: Gerald Carlson, Blaine Monaghan, Bruce Youngman (an independent director), Borden Putnam III (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of C. Paul Jago as Chief Geologist of the Company.

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that all five of the Company's copper-gold porphyry projects will be advanced in 2022, including 6,000 m of diamond drilling at its flagship Kliyul copper-gold project ("Kliyul") and 1,500 m of diamond drilling at the RDP copper-gold project ("RDP"). All of Pacific Ridge's copper-gold porphyry projects are located in northcentral B.C. (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has granted incentive stock options to various officers, directors, employees, and consultants to purchase 2,550,000 common shares of the Company at an exercise price of CAD$0.36 per share, exercisable for a period of five years.

Vancouver, British Columbia--(Newsfile Corp. - May 9, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement with AuRico Metals Inc., a wholly owned subsidiary of Centerra Gold Inc. ("Centerra"), to acquire up to a 75% interest in the Chuchi porphyry copper-gold project ("Chuchi" or the "Project"), located in the prolific Quesnel Trough, north central British Columbia (see Figure 1).

Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the May 3rd, 4th and 5th Metals and Mining Virtual Investor Conference are now available for on-demand viewing. REGISTER...

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual Investor Conference to be held on May 3rd, 4th and 5th. Individual investors, institutional...

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced "best efforts" brokered private placement (the "Financing") with M Partners Inc. and Red Cloud Securities Inc., co-lead agents and joint book runners ("Agents"), and raised a total of $7,431,200 through the issuance of 19,150,000 charity flow-through units ("CFT Units") at a price of $0.328 per CFT Unit and 5,000,000 common share units ("CS Units") at a price of $0.23 per CS Unit, including exercise in full of the Agent's 15% over-allotment option.

VANCOUVER, BC, March 17, 2022 /CNW/ - Trading resumes in:

Vancouver, British Columbia--(Newsfile Corp. - March 17, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement with M Partners Inc. and Red Cloud Securities Inc., as co-lead agents and joint book runners ("Agents"), in connection with a "best efforts" brokered private placement offering of up to $6,398,000 (the "Offering").

VANCOUVER, BC, March 17, 2022 /CNW/ - The following issues have been halted by IIROC:

Vancouver, British Columbia--(Newsfile Corp. - March 14, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has hired Dorado Drilling Ltd., based in Vernon, B.C., as its diamond drill contractor for the planned 5,000 metre drill campaign at the Company's Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest B.C. (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it will be presenting at Red Cloud's 2022 Very Pre-PDAC Mining Showcase.

Vancouver, British Columbia--(Newsfile Corp. - February 15, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from drill hole KLI-21-038 (see Table 1), the third and last diamond drill hole ("DDH") completed in 2021 at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest B.C. (see Figure 1).

Pacific Ridge Exploration Ltd. (PEX: TSXV; PEXZF: OTCBB), based in Vancouver, focused on copper-gold projects in B.C., today announced that Blaine Monaghan, President & CEO of Pacific Ridge Exploration Ltd., will present live at...

Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has signed an earn-in agreement (the "Agreement") with Antofagasta Minerals S.A. ("Antofagasta"), a wholly-owned subsidiary of Antofagasta PLC (LSE: ANTO), on the RDP copper-gold project ("RDP" or the "Project"), located in north-central British Columbia (see Figure 1). The Agreement grants Antofagasta an option to acquire a 75% interest in the Project by spending $10,000,000 on exploration over eight years and delivering a NI 43-101 compliant preliminary economic assessment report (the "Report").

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has acquired a 100% interest in the Onjo copper-gold porphyry project ("Onjo" or the "Project"), located in the prolific Quesnel Trough, north central British Columbia (see Figure 1), from Orogen Royalties Inc.

VANCOUVER, BC / ACCESSWIRE / January 31, 2022 / The Power Play by The Market Herald has announced the release of new interviews with Pacific Ridge Exploration, Trillion Energy, BioHarvest Sciences, and FuelPositive on their latest news.

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from drill hole KLI-21-037, the second of three diamond drill holes completed during the 2021 drilling campaign at the Company's Kliyul porphyry copper-gold project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") has agreed to amended payment terms to its agreement with BMC Minerals Ltd. ("BMC") for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016.

DELPHI Unternehmensberatung Aktiengesellschaft (“DELPHI”) has disposed of 400,000 Common Shares of Pacific Ridge Exploration Ltd. (TSX-V: PEX) (“Company”) in the public market at an average price of C$ 0.305 for a total consideration of C$122,000....

VANCOUVER, BC / ACCESSWIRE / December 1, 2021 / The Power Play by The Market Herald has announced the release of new interviews with Cloud DX, Reklaim, Pacific Ridge and Legible discussing their latest press releases.

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce assay results from the first of three diamond drill holes completed during the 2021 drilling campaign at the Company's Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed its maiden diamond drill ("DDH") program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia.

Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the diamond drill program is now underway at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia (see Figure 1). The Company plans to drill a minimum of 2,500 metres testing the Kliyul Main Zone ("KMZ") and two newly defined adjacent targets, Kliyul East and Kliyul West.

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that its common shares are now trading on the OTC Venture Market ("OTCQB") under the ticker symbol "PEXZF". B. Riley Securities acted as the Company's OTCQB sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing corporate finance, research, sales and trading services.

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has submitted its application to trade its common shares on the OTC Venture Market ("OTCQB").

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that the following directors were elected at its Annual General Meeting held June 24, 2021: Gerald Carlson, Blaine Monaghan, Bruce Youngman (an independent director), Borden Putnam III (an independent director), and Gary Baschuk (an independent director). In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTC Pink: PEXZF) ("Pacific Ridge" or the "Company") plans to launch a fully funded 2,500 metre diamond drill program at the Kliyul copper-gold project ("Kliyul" or the "Project") this July. The Company also plans to conduct exploration at the RDP copper-gold project and the Redton copper-gold project. All three projects are located in the prolific Quesnel Trough in northwestern British Columbia (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - June 7, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to report that a 550-metre drill program has commenced at its Spius copper porphyry project ("Spius" or the "Property"). The Property is located 40 km southwest of Merritt, British Columbia, and is currently under option to Arctic Fox Ventures Inc. 

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement by issuing 10,000,000 units at a price of $0.15 per unit ("Unit") for gross proceeds of $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") acquired 7,000,000 of the Units.

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that mining industry veteran Gary Baschuk will stand for election to the Company's board of directors at the annual general meeting to be held on June 24, 2021.

Vancouver, British Columbia--(Newsfile Corp. - May 11, 2021) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of Dan Core, Ph.D., to its Technical Advisory Committee (the "Committee"). In addition to Dan, the Committee includes Borden Putnam III (Committee Chair), an independent director, Craig Hart and Jim Logan, technical advisors, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration.

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has entered into an agreement to acquire 100% of the RDP copper-gold porphyry project in central British Columbia, approximately 40 km west of its flagship Kliyul copper-gold project (see Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - April 29, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce its plans to issue up to 10,000,000 units in a non-brokered private placement at a price of $0.15 per unit ("Unit") for gross proceeds of up to $1,500,000 (the "Financing"). Crescat Capital LLC ("Crescat") intends to acquire 7,000,000 of the Units.

Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has granted incentive stock options to various directors, officers, and consultants to purchase 850,000 common shares at an exercise price of $0.105 per share exercisable for a period of five years. The options granted to various directors and officers vest immediately. The 200,000 stock options granted to G2 Consultants, an investor relations consultant, will vest 25% each quarter over a 12-month period. The stock options are subject to the terms and conditions of the Company's stock option plan and the policies of the TSX Venture Exchange.

DELPHI Unternehmensberatung Aktiengesellschaft (“DELPHI”) has acquired of 8,000,000 units (“Units”) of Pacific Ridge Exploration Ltd. (“Company”) (TSX-V: PEX) at C$ 0.10 per Unit through a flow-through private placement of the Company...

Vancouver, British Columbia--(Newsfile Corp. - March 8, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has closed the previously announced flow-through private placement by issuing 8,000,000 units at a price of $0.142 per unit ("FT Unit") for gross proceeds of $1,136,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") acquired all of the FT Units. Proceeds from this Financing will be used to drill the Kliyul copper-gold project, located in British Columbia, this summer.

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2021) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of James (Jim) M. Logan, P.Geo., to its newly formed Technical Advisory Committee (the "Committee"). In addition to Jim, the Committee includes Borden Putnam III (Committee Chair), an independent director, Dr. Craig Hart, a technical advisor, Dr. Gerald Carlson, Executive Chairman, and Danette Schwab, Vice President Exploration.

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces its plans to issue up to 8,000,000 units in a flow-through private placement at a price of $0.142 per unit ("FT Unit") for gross proceeds of $1,136,000 (the "Financing"). DELPHI Unternehmensberatung Aktiengesellschaft ("DELPHI") intends to acquire all of the FT Units.

Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that Borden Putnam III has been appointed to the Company's Board of Directors. Mr. Putnam is a Professional Geologist with over 40-years of mineral exploration experience, predominantly as an asset analyst and geologist in the mineral industry, and as a buy-side analyst at several U.S.-based mutual and hedge funds.

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the Company has entered into a consulting agreement with G2 Consultants Corp. ("G2"), a financial public relations firm, to increase Pacific Ridge's profile within the financial community.

Vancouver, British Columbia--(Newsfile Corp. - January 4, 2021) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that Blaine Monaghan has been appointed President and Chief Executive Officer of the Company. Dr. Gerald G. Carlson, the former President and CEO, has been appointed Executive Chairman of the Company and retains responsibility for Pacific Ridge's technical programs.

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on results of a single diamond drill hole, RTN-20-01, located 2.5km north of the Kwanika Central Zone at the road accessible Redton North target. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident copper-molybdenum soil anomaly located 2.5 km north of Serengeti Resources Inc.'s ("Serengeti") Kwanika Central Zone deposit1. The drill hole encountered a magnetite-bearing mafic intrusive with a minor amount of quartz, potassium feldspar, chlorite, calcite, gypsum and epidote veining, moderate to strong chlorite alteration and local serpentinization. No significant copper or gold assays were encountered. The ubiquitous presence of magnetite as well as strong magnetic susceptibility values (average of 44.9 SI and maximum of 505 SI) in the drill hole explain the magnetic anomaly. The source of the chargeability and Cu-Mo anomaly remains unexplained.

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that the results of its 2020 geophysical survey have demonstrated the potential to expand porphyry gold and copper mineralization at the Kliyul Main Zone and has outlined two new adjacent targets, Kliyul East and Kliyul West. Neither of the two new targets have previously been drilled. The Kliyul Main Zone, Kliyul East and Kliyul West are defined by moderate to high chargeability and resistivity and variable magnetics and occur over a strike length of 1.5km. The Company plans to drill test all three targets during the 2021 field season.

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has entered into an Exploration Agreement (the "Agreement") with Takla Nation ("Takla") and Tsay Keh Dene First Nation ("TKD"). The Agreement establishes a mutually beneficial and cooperative relationship whereby communication and collaboration between Takla, TKD and Pacific Ridge are key factors, providing the parties certainty in their relationship throughout the advancement of the Kliyul project. The Agreement recognizes Takla's and TKD's stewardship role in environmental and wildlife monitoring.

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has arranged for the option of its Spius copper porphyry prospect (the "Property"), located 40 km southwest of Merritt, British Columbia, to Arctic Fox Interactive Ltd. ("Arctic Fox"). Arctic Fox can earn a 60% interest in the Property by making payments of $50,000, issuing 1,000,000 shares and spending $550,000 on exploration by December 31, 2022. It is expected that Arctic Fox's work program will include a drill test of the Copper Zone during the 2021 field season.

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has completed a one hole diamond drill program, for 434 m, at its road accessible Redton porphyry project, located in central British Columbia, adjacent to Serengeti Resources Inc.'s Kwanika project. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident 500 m x 100 m copper- molybdenum-in soil anomaly located 2.5 km north of the Kwanika Central Zone deposit1 Results of the program will be announced as soon as assays are received. For further information on the Redton project, please see https://pacificridgeexploration.com/projects/british-columbia/redton/.

Vancouver, British Columbia--(Newsfile Corp. - October 5, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the second and final tranche of its previously announced flow-through private placement by issuing 550,000 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $41,250. In total, the Company has now closed 3,119,999 units in two tranches for total gross proceeds of $234,000. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it is planning a one to two hole drill program at its road accessible Redton porphyry project, located in central British Columbia, adjacent to Serengeti Resources Inc.'s Kwanika project. The drill holes will test a 550m by 250m magnetic and IP chargeability anomaly and coincident 500m x 100m copper- molybdenum soil anomaly located 2.5 km north of the Kwanika Central Zone deposit1 (Measured and Indicated Resource of 223.6 million tonnes grading 0.27% copper, 0.25 g/t gold and 0.87 g/t silver containing 1.32 billion pounds of Cu, 1.83 million ounces of Au and 6.27 million ounces of Ag - Serengeti news release, March 3, 2019). The program is expected to commence within a few days. For further information on the Redton project, please see https://www.pacificridgeexploration.com/projects/redton-gold-copper/.

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that a two week field program has been completed on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The purpose of the program is to extend the depth of investigation of the chargeability and resistivity response related to the Kliyul mineralization as well as to define vectors to mineralization for a major drill test of priority Au-Cu targets planned for 2021. The program included 9.1 line km of IP and ground magnetometer surveying over the Kliyul Main Zone, surface and drill core sampling to identify alteration and geochemical vectors and historical core re-logging to identify porphyry-style veining. Fifty-two surface samples were collected for spectral and trace element analyses from outcrop and felsenmeer over the Kliyul Zone. One-hundred and seventeen samples were collected from drill core for spectral analysis and trace element analysis. Results of the program will be announced when all results from the program have been received and evaluated.

TORONTO, Sept. 11, 2020 /CNW/ - Gerry Carlson, President & CEO, Pacific Ridge Exploration Ltd. (TSXV: PEX), shares his company's story in an interview with TMX Group. 

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that field work has commenced on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The program includes an Induced Polarization geophysical surveying as well as geological and alteration mapping and geochemical sampling. The program is being managed by Equity Exploration Consultants Ltd. The purpose of the program is to extend the depth of investigation of the chargeability and resistivity response related to the Kliyul mineralization as well as to define vectors to mineralization for a major drill test of priority Au-Cu targets planned for 2021. For further information on the Kliyul project, please see www.pacificridgeexploration.com/projects/kliyul-british-columbia/.

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the first tranche of its previously announced flow-through private placement by issuing 2,569,999 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $192,750. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has received its exploration permit approval from the BC Ministry of Energy Mines and Petroleum Resources for its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. This is a three-year area-based permit covering surface exploration in 2020 and drill testing in 2021 and 2022.

Vancouver, British Columbia--(Newsfile Corp. - August 18, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has closed the first tranche of its previously announced flow-through private placement by issuing 2,569,999 units at a price of $0.075 per unit ("FT Unit") for gross proceeds of $192,750. Each FT Unit consists of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has now filed technical reports with respect to the previously-announced acquisitions of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia, as required by the TSX Venture Exchange. The Company has now satisfied all requirements to receive final TSX Venture Exchange acceptance of the acquisitions.

Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it is proposing to issue up to 4,000,000 units in a flow-through private placement at a price of $0.075 per unit ("FT Unit") for gross proceeds of $300,000. Each FT Unit will be comprised of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (an "FT Unit Share") and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 for a period of 18 months, subject to the following acceleration provision: if at any time after 4 months from the date of issue of the warrants the closing market price of the Company's common shares on the TSX Venture Exchange is greater than $0.35 per share for 20 consecutive trading days (the "Triggering Event"), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of press release, in which event the warrants will expire on the 30th day after the date on which such notice is given.

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has retained Freeform Communications Inc. ("Freeform"), a full service investor relations firm based in Vancouver, British Columbia. With over 90 years of combined experience, specializing in a full range of investor relations and capital market services, Freeform has represented a wide array of public and private clients and has assisted each in attaining their targeted goals including the raising of capital and broadening their shareholder base.

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2020) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that the following directors were re-elected at its Annual General Meeting held June 25, 2020: Gerald Carlson, Blaine Monaghan and Bruce Youngman. In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company and approved the Company's rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has completed a reinterpretation of historical geophysical surveys, including several campaigns of ground magnetics and induced polarization ("IP") surveys and an airborne magnetic survey completed by Geoscience BC over its Kliyul Au-Cu porphyry prospect, north-central BC. This interpretation has been integrated with known surface geology, alteration and mineralization as well as data from 19 drill holes to produce a 3-D target model. The geophysical interpretation was completed by Platform Geoscience of Toronto. The Kliyul property is located 200 km north of Smithers and 70 km south of the Kemess mine, within 5 km of the Omineca Mine Road (Figure 1).

Vancouver, British Columbia--(Newsfile Corp. - May 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that the previously-announced acquisition of the Kliyul and Redton gold-copper porphyry projects located in the Omineca Mining Division, British Columbia (the "Properties") has received acceptance of the TSX Venture Exchange subject to the filing of technical reports. The technical reports are expected to be filed in late June once the weather and any restrictions due to COVID-19 allows for required site visits to the Properties.

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has agreed to amended payment terms to its agreement with BMC Minerals (No. 1) Ltd. ("BMC") for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016. Previously, the final payment to Pacific Ridge of $1.22 million was due upon BMC obtaining production financing for its Kudz Ze Kayah project, but in any event no later than December 31, 2020. As renegotiated, BMC will pay $250,000 to Pacific Ridge within 20 business days and will pay $1.2 million within thirty days of BMC receiving the Type A Water License for the development of its proposed ABM Mine, but in any event no later than December 31, 2021. BMC will continue to pay $75,000 to Pacific Ridge every six months until the final tranche has been paid, with the next payment being due June 30, 2020. All other terms and conditions of the agreement remain the same, including the bonus payment of $1,000,000 that is due if and when BMC's Kudz Ze Kayah property has reached commercial production for one year.

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2020) -  Pacific Ridge Exploration Ltd. (TSX Venture: PEX) ("Pacific Ridge" or the "Company") announces that it has arranged a revision of the terms with Aurico Metals Inc. ("Aurico"), a wholly owned subsidiary of Centerra Gold Inc., for the option to acquire up to a 75% interest in the Kliyul and Redton gold-copper porphyry projects (the "Properties"), British Columbia, originally announced January 17, 2020. In light of the current COVID-19 pandemic and the difficult market conditions, Aurico has agreed to forego the $500,000 work requirement for the 2020 field season. Any amount less than the original $500,000 requirement that is not spent in 2020 will be added to the 2021 work requirement.

Vancouver, British Columbia--(Newsfile Corp. - March 17, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce the appointment of Danette Schwab as Vice President Exploration of the Company.

Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has signed an earn-in agreement with Aurico Metals Inc. ("Aurico"), a wholly owned subsidiary of Centerra Gold Inc. to acquire up to a 75% interest in the Kliyul and Redton copper-gold porphyry projects, British Columbia (the "Properties").

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on a mapping and surface sampling program on its Mariposa Gold project, White Gold District, Yukon. Mariposa is a 280 km2 property covering the prolific Scroggie and Mariposa placer gold creeks, 30 km east of Newmont Goldcorp's Coffee Gold Project. Seven samples collected from float of quartz vein and stockwork material at the Hackly Zone averaged 2.50 gpt Au and 5.67 gpt Ag, with the highest, 9.75 gpt Au and 15.7 gpt Ag from a hematite-rich sample of quartz vein. All samples were collected upslope from historical trenching, suggesting an undiscovered structurally controlled gold source. The Hackly Zone occurs immediately above a particularly productive placer mining area on Mariposa Creek, noted for pristine gold nuggets that appear to be close to their bedrock source.

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports results from the four-hole, 1,087 m drill program on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. The highest-grade mineralization was intersected at the bottom of hole SP-19-03, drilled at the northern end of the Copper Zone, encountering 51.8 m averaging .099 % Cu (224.3 to 273 m), including 39.0 m at .113 % Cu (237-276 m). Hole SP-19-04, located 200 m south of hole 3, intersected 81.0 of 0.071 % Cu, (179 to 263 m) including 19.4 m at 0.116 % Cu (182-200 m), also at the bottom of the hole. Hole SP-19-02, drilled 700 m southwest of hole 3, intersected 25.4 m at 0.0554 % Cu and 0.0038 % Mo (140.7 to 166 m) and 20.0 m at 0.0557 % Cu and 0.0018 % Mo (250 to 270 m). All drill holes encountered porphyry-style mineralization and alteration, with variably anomalous copper and molybdenum concentrations and locally anomalous silver throughout.

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") regrets to announce the passing of Chairman of the Board and Director R.E. Gordon Davis. Mr. Davis enjoyed a long and successful career as a geologist and mining entrepreneur, accomplishing many notable achievements, including co-discoverer of Yukon's Faro Pb-Zn-Ag deposit and the discovery of the Camino Rojo Au-Ag deposit in Mexico with his company Canplats Resources Corp. Mr. Davis was a valued member of Pacific Ridge's board, providing wise counsel and always supporting early stage exploration as a key in creating shareholder value. The Company wishes to express its condolences to Gordon's family and friends.

Vancouver, British Columbia--(Newsfile Corp. - June 21, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that it has successfully completed four NQ core holes for 1,087 m on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. All holes intersected porphyry style alteration and mineralization. Assays from the drill program will be released when they are received, expected to be in four to six weeks. The drilling was carried out by Paycore Enterprises Ltd. of Valemount, B.C.

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports that drilling has commenced on its Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program will consist of four to six holes and is being conducted by Paycore Enterprises Ltd. of Valemount, B.C. The drilling will target copper soil anomalies that correlate with zones of enhanced IP chargeability with high resistivity.

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on a planned 1,250 m drill program for its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia. The program is planned for June 2019 and will consist of four to six holes. The drilling will target copper soil anomalies supported by zones of enhanced IP chargeability with high resistivity.

Vancouver, British Columbia--(Newsfile Corp. - January 4, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") has granted incentive stock options under its 10% rolling stock option plan to certain directors, officers and consultants of the Company to purchase a total of 1,050,000 common shares at $0.05 per share exercisable for a period of five years.

Vancouver, British Columbia--(Newsfile Corp. - January 2, 2019) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has received a $1.2 million option payment from BMC Minerals (No. 1) Ltd. ("BMC") according to the amended purchase option agreement for its Fyre Lake project as announced December 21, 2018. The final $1.22 million payment required to exercise the option must be paid upon BMC obtaining production financing for its Kudz Ze Kayah project, Yukon, but in any event no later than December 31, 2020. BMC will also pay $75,000 to Pacific Ridge every six months, commencing June 30, 2019, until the final tranche has been paid. All other terms and conditions of the agreement remain the same, including the bonus payment of $1,000,000 that is due if and when BMC's Kudz Ze Kayah property has reached commercial production for one year. The Company plans to use the funds to explore its project portfolio including its Spius porphyry copper prospect in British Columbia and its White Gold District gold projects in Yukon.

Vancouver, British Columbia--(Newsfile Corp. - December 21, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that it has agreed to amended payment terms to its agreement with BMC Minerals (No. 1) Ltd. ("BMC") for the option to purchase Pacific Ridge's Fyre Lake property, Yukon, as originally announced by the Company on December 28, 2016. The final payment to Pacific Ridge of $2.42 million, due on the second anniversary of the closing of the original agreement (January 16, 2019), will now be made in two tranches, with $1.2 million payable by December 31, 2018 and the remaining $1.22 million due upon BMC obtaining production financing for its Kudz Ze Kayah project, but in any event no later than December 31, 2020. BMC will also pay $75,000 to Pacific Ridge every six months, commencing June 30, 2019, until the final tranche has been paid. All other terms and conditions of the agreement remain the same, including the bonus payment of $1,000,000 that is due if and when BMC's Kudz Ze Kayah property has reached commercial production for one year.

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on the results of an Induced Polarization ("IP") geophysical survey and soil geochemical survey on its road accessible Spius copper porphyry prospect located 40 km southwest of Merritt, British Columbia.

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that Dr. Craig Hart has been appointed Technical Advisor to the Company. Dr. Hart is currently the Director of MDRU-Mineral Deposit Research Unit at The University of British Columbia (UBC) where he initiates and facilitates a wide range of mineral exploration industry-sponsored research projects focused on gold and porphyry systems, regional metallogeny and exploration methods, and trains graduate students to excel in the mineral exploration industry. He was previously a Senior Research Fellow at the Centre for Exploration Targeting at the University of Western Australia (UWA) in Perth, Australia where he pursued research on the gold metallogeny of China and Mongolia. Most of his early career was with the Yukon Geological Survey where he undertook regional mapping and metallogenic evaluations in the northern Cordillera. As a UBC faculty member since 2009, he has contributed the training and successful completion of more than 40 MSc and PhD students, and 20 Post-Doctoral Fellows and Research Associates. He was awarded the Boldy Award in 2005 by the Geological Association of Canada for best presentation, was the 2010 Society of Exploration Geologists Distinguished Lecturer, and was the winner of the Audience Choice Award and a top 5 finisher of the Integra Gold Rush Challenge in 2016.

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2018) -  Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") provides an exploration update on its Gold Cap, RC Gold and Spius projects:

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that field work has been completed on its Gold Cap and RC Gold projects, Yukon.

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") announces that field work is underway on its 100% owned Gold Cap project, White Gold District, Yukon. The work is being carried out by Ground Truth Exploration of Dawson and includes deep penetrating GT Probe soil sampling, geological mapping and prospecting, focusing on previously identified targets defined by anomalous gold in soils. The objective of the program is to define targets for drill testing. The property covers a geologic setting for White Gold style mineralization, similar to White Gold's Golden Saddle deposit, 6 km to the southwest (Indicated Mineral Resource of 961,000 gold ounces within 12,324,000 tonnes at 2.43 g/t gold and Inferred Mineral Resource of 282,500 gold ounces within 5,157,000 tonnes at 1.70 g/t gold - White Gold news release from March 5, 2018).

Vancouver, British Columbia--(Newsfile Corp. - June 21, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") reports on the results of its Annual General Meeting held June 20, 2018. Gerald Carlson, Gordon Davis, Blaine Monaghan and Bruce Youngman were elected to the board.

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that six of its projects will see active exploration programs during the 2018 field season.

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has been granted an option to earn a 100% interest in the road accessible Spius porphyry copper project, located 40 km southwest of Merritt, British Columbia.

Vancouver, British Columbia--(Newsfile Corp. - April 26, 2018) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific Ridge" or the "Company") is pleased to announce that it has agreed to option its Eureka Dome property to Trifecta Gold Ltd. ("Trifecta"). Trifecta can earn a 70% interest in the property by making payments of $200,000, issuing 1,000,000 shares and completing $2.5 million in exploration by December 31, 2022. Once this interest has been earned, Trifecta and Pacific Ridge will form a 70:30 joint venture to further explore and develop the property. The agreement is subject to regulatory approval.

VANCOUVER, British Columbia, April 26, 2018 (GLOBE NEWSWIRE) -- Trifecta Gold Ltd. (TSX-V:TG) (“Trifecta” or the “Company”) is pleased to announce that it has signed an option agreement under which it can acquire a 70% interest in the...

VANCOUVER, B.C., Jan. 12, 2018 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") has granted incentive stock options under its 10% rolling stock option plan to certain directors and officers of the...

VANCOUVER, B.C., Jan. 04, 2018 (GLOBE NEWSWIRE) -- Pacific Ridge Exploration Ltd. (TSX Venture:PEX) ("Pacific Ridge" or the "Company") reports that it has received a $300,000 option payment from BMC Minerals (No. 1) Ltd. ("BMC") on its Fyre...

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") is providing an update on its exploration plans for the 2017 field season.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has received results from its 6 hole 753 m reverse circulation drill program at its Poker Brown gold-silver project, Nevada. Anomalous values were encountered from several intervals within stockwork and veined hydrothermally altered slate and from hydrothermal breccia zones, the best of which included 0.359 gpt (grams per tonne) gold and 24.57 gpt silver over 13.7 m in hole PB17-04. The company will evaluate these results in the context of other known areas of alteration

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has completed the reverse circulation drill program as previously announced on March 24th at its Poker Brown gold-silver project, Nevada. The program included 753 m of drilling in 6 holes. These holes tested the two chargeability anomalies defined by the October, 2016 IP geophysical survey as well as targets defined by surface mineralization and historical workings. Results of the drill program will be announced as soon as all assays have been received, compiled and

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that drilling has commenced on its Poker Brown gold-silver project, Nevada. The program will include an estimated 1,000 m of reverse circulation drilling in four holes. The target is two recently defined IP chargeability anomalies that underlie the main area of historical surface workings and gold showings on the property, including vein, breccia and stockwork mineralization accompanied by a broad zone of alteration. The chargeability anomalies are interpreted to be caused by

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") announces that it has reached an agreement to acquire an option to earn a 100% interest in the OGI Zinc prospect, located just off the Dempster Highway, 50 km east of Dawson City, Yukon. The property contains a strong Zn-Ag soil geochemical anomaly, underlain by Road River Formation sedimentary rocks. Terms of the agreement involve making payments totaling $225,000, issuing 1,000,000 shares and completing $2.5 million in exploration over 5 years, with an initial payment of $10,000 and

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") is providing an update on drilling plans for its Poker Brown gold project, Nevada and its TL Zinc project, British Columbia.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has closed the Fyre Lake option to BMC Minerals (No. 1) Ltd. ("BMC") announced December 28, 2016. In addition to the initial $25,000 deposit, BMC has now paid the remaining $50,000 signing payment and the initial $300,000 option payment. Total consideration payable to the Company to exercise the option is $2,575,000 in the case of the one year option or $3,095,000 in the case of the two year option (see below). In addition, a bonus payment of $1,000,000 is

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has agreed to option a 100% interest in its Fyre Lake Cu-Au-Co massive sulphide deposit to BMC Minerals (No. 1) Ltd. ("BMC"). BMC has paid a non-refundable deposit of $25,000 and must pay an additional $50,000 if the closing of the transaction occurs before January 23, 2017. BMC has been granted two options effective as of the closing; the first, a one year option whereby, in order to maintain and exercise the option, it must pay the Company $300,000 on closing

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that due to severe winter weather conditions, it has suspended drilling at its TL Zinc Project. Prior to suspension, it completed two holes for a total of 611 m at the eastern end of the main HELITEM electromagnetic conductor. Both holes intersected several zones of graphitic schist with disseminated sulphide mineralization that appear to be the cause of the electromagnetic anomaly. A one milligal gravity anomaly at the first hole drilled was not explained by anything seen in the

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has received the drill permit and drilling has now commenced on its road accessible TL Zinc Project located 80 km northeast of Vernon, British Columbia. The program will include up to 1,800 m of NQ core drilling in up to six drill holes. The target at TL is a large Broken Hill type or SEDEX (Sedimentary Exhalative) Zn-Pb-Ag massive sulfide deposit. The holes will test the main HELITEM electromagnetic conductor on the property, a flat conductive layer over 4 km long and 100

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") has granted incentive stock options under its 10% rolling stock option plan to directors, officers and consultants of the Company to purchase a total of 488,000 common shares at $0.08 per share exercisable for a period of five years. The options are subject to TSX Venture Exchange acceptance.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has defined two chargeability anomalies on its Poker Brown gold-silver project, Nevada. Anomaly A is greater than 500 m long and 200 m wide, with strong chargeability values ranging from 40 to over 50 ms (milliseconds) and is strongest at depths of over 150 m below surface, reflecting the probable maximum depth of oxidation. This anomaly underlies the main area of historical surface workings, including vein, breccia and stockwork mineralization, and the area of most

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Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") announces that it has optioned its Mariposa Gold project to Eureka Dome Gold Inc. ("Eureka Dome"), a private British Columbia company. Mariposa, covering the prolific Scroggie and Mariposa placer gold creeks, is a 280 km2 property located 30 km east of the Coffee Gold Project, recently acquired from Kaminak by Goldcorp for a transaction value of $521 million, and 40 km southeast of Kinross' Golden Saddle deposit, Yukon. Over $6 million has been spent at Mariposa since 2010

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has received the results from a gravity survey over its TL Zinc Project. All three lines surveyed revealed positive residual anomalies in the range of 0.5 to over 1 milligal that show a good correlation with an underlying conductor as defined by the Fugro HELITEM survey flown over the property in 2012. The target at TL is a large Broken Hill type or SEDEX (Sedimentary Exhalative) Zn-Pb-Ag massive sulfide deposit.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has acquired an option to earn a 100% interest in the Poker Brown gold-silver project, Nevada. Poker Brown is road accessible and located 190 km from Reno, in Pershing County, Nevada. The target is a large, bulk tonnage, heap leachable gold deposit. Numerous gold mines and advanced projects are located within an 80 km radius of the property, including Hycroft, Rosebud, Florida Canyon (12 km east of Poker Brown, recently acquired by Rye Patch Gold Corp.), Standard,

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") provides an update on its 2016 field exploration programs.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has acquired an option to earn a 100% interest in the TL Zinc Project. TL is a 6,420 hectare, road accessible zinc-lead-silver project located 80 km northeast of Vernon, British Columbia. The target at TL is a large Broken Hill type or SEDEX (Sedimentary Exhalative) Zn-Pb-Ag massive sulfide deposit in the same geological environment as the Ruddock Creek deposit (Imperial Metals), 125 km to the north, and the nearby River Jordan, Big Ledge and Kingfisher properties. The

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that it has granted 200,000 incentive stock options to certain directors of the Company. The options have an exercise price of $0.08 per share and a term of five years.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that MinQuest Limited ("MinQuest") has notified the Company that it is terminating its option agreement on the Fyre Lake project, effective immediately. MinQuest has announced that it will be acquiring a medical technology company and, as a result, is divesting its mining assets. The Company will now be examining other ways to move the Fyre Lake project forward, including other option or joint venture possibilities.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports on the results of its Annual General Meeting held June 16, 2016. Gerald Carlson, Gordon Davis, Douglas Proctor and Bruce Youngman were re-elected to the board.

Pacific Ridge Exploration Ltd. (TSX VENTURE: PEX) ("Pacific Ridge" or the "Company") reports that the Company begins 2016 with a healthy treasury and its portfolio of Yukon gold and base metal projects in good standing. Exploration plans for 2016 include a surface evaluation of its Eureka Dome property. Eureka Dome is road accessible, at the southern end of Yukon's Klondike Gold District and in the heart of the White Gold District. The property is drained by several placer gold bearing creeks including Eureka Creek and Black Hills Creek. In 2010 and 2011, the Company