Pacific Ridge Exploration Ltd.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Blaine A. Monaghan
- Full Time Employees
- 10
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 1111 Melville Street Vancouver BC Canada V6E 3V6
- IPO Date
- Jul 30, 2009
- CIK
- 0001254435
- Website
- pacificridgeexploration.com
- Similar Companies
- Business
- Pacific Ridge Exploration Ltd. Pacific Ridge Exploration Ltd. is a Canada-based exploration-stage company focused on acquiring and exploring copper-gold porphyry properties in premier mining districts across North America, targeting gold and copper deposits. The company holds a diversified portfolio of projects including its flagship 100% owned Kliyul copper-gold project in the northern Quesnel terrane of British Columbia, covering over 90 square kilometers near existing infrastructure; the RDP copper-gold project within the Stikine Terrane; the Chuchi copper-gold project; the Onjo copper-gold project; and the Redton copper-gold project, which adjoins Northwest Copper's Kwanika property—all located in British Columbia's traditional territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak’azdli Whut’en, Takla Nation, and Tsay Keh Dene Nation. Additional assets encompass Yukon gold projects such as Mariposa, Eureka Dome, and Gold Cap, as well as recently optioned U.S. properties including the Red Star copper project in Utah, Ripsey West copper project in Arizona, Royston copper project in Nevada, and Mineral Hill gold project in Wyoming. Founded in 1979 and headquartered at 1111 Melville Street in Vancouver, British Columbia, the company operates primarily in the materials sector, serving the precious and base metals mining industry with customers encompassing joint venture partners, investors, and institutional stakeholders in Canada, the United States, and select international markets. In recent developments, Pacific Ridge Exploration Ltd. entered option agreements with Bronco Creek Exploration Inc., a subsidiary of EMX Royalty Corporation EMX Royalty Corporation, on January 7, 2025, to acquire 100% interests in four U.S. projects—Red Star, Ripsey West, Royston, and Mineral Hill—for cash payments, share issuances, and exploration expenditures totaling millions over five years, subject to a 3% net smelter royalty; this diversifies its portfolio into mining-friendly states like Utah, Arizona, Nevada, and Wyoming while complementing its British Columbia holdings to position it among North America's leading copper explorers. The company plans to spin out its Yukon gold projects (Mariposa, Eureka Dome, Gold Cap) and the new Mineral Hill asset into a separate North American gold-focused entity in the first half of 2025 to unlock shareholder value. During 2024, it raised $3.47 million for drilling at Chuchi (2,716 meters confirming mineralization continuity at the BP Zone), completed a ZTEM survey at Kliyul indicating an undiscovered northern porphyry extension, and conducted an IP survey at Redton identifying the NEX target near Kwanika; it also intersected 289 meters of 0.77% copper equivalent (1.15 g/t gold equivalent) at Kliyul in September 2025, expanding mineralization 110 meters westward, with ongoing efforts to secure a joint venture partner for Kliyul advancement.
Company News
Pacific Ridge Signs Exploration Agreements with Tsay Keh Dene Nation for the Kliyul and RDP Copper-Gold Projects
Pacific Ridge Completes Drilling at the Kliyul and RDP Copper-Gold Projects; Drilling at RDP Intersects 300 Metres of Continuous Copper-Sulphide Mineralization
Drilling Starts at Pacific Ridge's Kliyul Copper-Gold Project; Two Drill Programs Underway
Drilling Underway at Pacific Ridge's RDP Copper-Gold Project
Pacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects
Pacific Ridge Closes Final Tranche of C$8.5 Million Financing
Labrador Gold Closes First Tranche of Option Agreement with Pacific Ridge and Updates Exploration at the Mariposa and Eureka Dome Projects, White Gold District, Yukon
Pacific Ridge Closes Hard Dollar and Traditional Flow-Through Portions of Private Placement for Gross Proceeds of C$4.5 Million
Labrador Gold Announces 2026 Exploration Plans for Pacific Ridge's White Gold Projects
Pacific Ridge Upsizes Previously Announced Non-Brokered Private Placement to C$8.2 Million
Pacific Ridge Announces C$7.2 Million Non-Brokered Private Placement of Charitable Flow-Through, Traditional Flow-Through and Hard Dollar Units
Pacific Ridge Options Yukon Gold Projects to Labrador Gold
Labrador Gold Announces Option Agreement with Pacific Ridge to Acquire Mariposa and Eureka Dome Gold Projects in the Prolific White Gold District, Yukon
Pacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects
Pacific Ridge Signs Exploration Agreements with Takla Nation for Kliyul and RDP
Pacific Ridge Grants Stock Options
Pacific Ridge Intersects 289 m of 0.77% Copper Equivalent or 1.15 g/t Gold Equivalent at Kliyul Copper-Gold Project; Expands Mineralization 110 m to the West
Pacific Ridge Intersects 154.7 m of 0.63% Copper Equivalent or 0.94 g/t Gold Equivalent; Expands Mineralization 270 m to the Northwest
Pacific Ridge Intersects 112.2 m of 1.35% Copper Equivalent or 2.02 g/t Gold Equivalent at the RDP Copper-Gold Project
Pacific Ridge Announces Digital Marketing Agreement