PACIFIC RIDGE EXPLORATION LIMITED. (TSXV: pix) (Otkbk: pixzzf) (FSE: PQW) (“Pacific Ridge” or the “Company”) is pleased to announce exploration plans for its 100%-owned Kliyul copper and gold project (“Kliyul”) and RDP copper and gold project (“RDP”). Kliyul is located in the prolific Quesnel region. The RDP is located 40 km west of Kliyul at the southern end of the Toodoggone mining district, one of the hottest exploration areas in Canada (see Figure 1).
Highlight
- Kliyul: The Kliyul Main Zone (“KMZ”), Kliyul’s only one target zone, hosts 2.42 billion pounds of copper equivalent (“CuEq”) (see Table 1) or 5.7 million ounces of gold equivalent (“AuEq”) (see Table 2) in the Inferred Mineral Resource category. Drilling in 2025 at KMZ intersected 289.0 meters of 0.77% CuEq* (0.26% copper, 0.75 g/t gold, and 1.54 g/t silver) (see press release dated 18 November 2025). Pacific Ridge plans to drill 2,500 meters at Kliyul this year with an eye on the M39 target. The M39 is a high priority target that has never been tested.
- RDP: Drilling in 2025 at today’s target, just one target area in the RDP, returned one of the best copper-gold runs in British Columbia that year. Drill hole RDP-25-011 intersected 112.2 meters of 1.35% CuEq* (0.76% copper, 0.86 g/t gold, and 3.16 g/t silver) (see press release dated 23 October 2025). This year the company will target the interpreted porphyry center at Day and will further define last year’s Western Magnetic Lobe discovery through a 3,000m diamond drilling programme.
He added: “We are preparing the site now and I expect digging to begin by the end of the month.” said Blaine Monaghan, President and CEO of Pacific Ridge. “I am very excited about this year’s exploration programs at Kliyul and RDP as we focus on high-impact exploration drilling.”
Figure 1
Location of Kliyul and RDP copper and gold projects
Cleol
100% owned by Pacific Ridge, Kliyul covers an area of more than 90 km22 In size and located in the affluent area of Quesnel close to existing infrastructure, about eight kilometers from the Omnica resource road and a 230 kV high-voltage power line. KMZ hosts 334.1 million tons (“Mt”) grading 0.33% CuEq (0.15% copper, 0.26 g/t gold, and 0.95 g/t silver) (see Table 1) or 386 million tons (“Mt”) grading 0.459 g/t AuEq (0.236 g/t gold, 0.142% copper, and 0.911) g/t. Silver) (see Table 2) is in the inferred mineral resource category and remains open to expansion.
Table 1
KMZ MRE (CuEq)
Table 2
KMZ MRE (AUEq)
Notes for Tables 1 and 2
- The effective date for the Mineral Resource Estimate is July 31, 2025.
- Mineral resources were estimated using the Canadian Institute of Mining, Minerals and Petroleum (CIM) definition criteria for mineral resources and reserves, as prepared by the CIM Standing Committee and approved by the CIM Council.
- No mineralogical tests have been performed on Cleol mineralization. The company estimates a copper (CuR) recovery of 80%, a gold (AuR) recovery of 65%, and a silver (AgR) recovery of 65% based on reported recoveries from Mount Milligan.
- Mineral resources within the pit crust are constrained with mineral recoveries of Cu 80%, Au 65%, and Ag 65%, an exchange rate of C$1.30 to US$, a mining cost of C$3.5 per ton, a process cost of C$7.0 per ton, G&A costs of C$3.0 per ton, pit slopes of 45°, and metal prices of $Cu = 4.60. US$ per pound, $Au = US$2600/oz, Ag = US$30.00/oz. A constant bulk density of 2.77 tons/m3 was used to estimate tons.
- CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).
- AuEq = Au + (1.4929 × Cu) + (0.0115 × Ag).
- Factors: 22.0462 = Cu% to Pounds per ton, 0.032151 = Au g/t to Troy ounces per ton, and 0.032151 = Ag g/t to Troy ounces per ton.
- CIM definitions were followed for the classification of inferred mineral resources. Inferred blocks were assigned to blocks containing a single drill hole at 150 metres.
- Mineral resources are not mineral reserves whose economic viability has not been proven. It is not certain that all or any part of the mineral resources will be converted into mineral reserves in the future. MRE may be materially affected by considerations including, but not limited to, permitting, legal, social, political, environmental issues, market conditions or other factors.
- All figures have been rounded to reflect the relative accuracy of the estimate. Totals may not be summed due to rounding as required by reporting guidelines.
- See “Technical Report NI-43-101: Mineral Resource Estimation for the Cleol Project, Omineka Mining Division, British Columbia” prepared by Susan Lomas, P.Geo., Lions Gate Consulting Inc., Dr. Bruce Davis, Ph.D., FAusIMM, and Dr. Ron Fordo, Ph.D. Pacific Ridge Exploration Ltd.’s P. Geo project has been completed. On September 18, 2025.
At Cleol there is a six-kilometre-long copper-gold trend, involving appropriate geology, geochemistry, alterations and geophysics. High priority drilling targets outside the KMZ include M39, KCC and Klip (see Figures 2 and 3). However, this year’s 2,500-meter drilling program will focus on the M39 target (see Figure 4), which has never been tested.
The M39 target area is associated with a 1 km long copper and gold soil anomaly. The target hosts monzonite dikes, magnetite skarn, sodium alteration, and chalcopyrite mineralized quartz veins, as well as two circular magnetic anomalies. Additional IP geophysics for M39 is also planned.
Klip is a blind porphyry target centered around a large near-surface magnetic anomaly. The Klip target is located in close proximity to the historic BC MINFILE site (094D 185) which records a NE struck shear zone within volcanic rocks altered by QSP. A 1-meter-long chip sample taken across the shear zone in 1985 yielded 3.8 g/t gold and 5.3 g/t silver. The magnetic anomaly at Klip, which is similar to the magnetic signature of the KMZ, leads Pacific Ridge to believe that drilling to date has only tested one part of the porphyry system and that most of the system remains hidden and untested to the north.
The KCC target is a geochemical, geological and geophysical target at the northern end of the fertile Kliyul Creek Intrusive Complex (“KCC”). Chalcopyrite, pyrite, and quartz veins are found on the surface, and the target also has concurrent IP chargeability, resistivity, and magnetic anomalies.
The Klip, KCC and M39 targets are also associated with copper-gold skarn events, which typically occur as distal expressions of copper-gold porphyry mineralization and are considered vectors for underlying porphyry cores.
Figure 2
View the plan of the target areas in Kliyul
Figure 3
Kliyul target areas view to the east
Figure 4
M39 target area on TMI magnets
RDP
100% owned by Pacific Ridge, the RDP is over 100 km long2 in size and located in the Golden Horseshoe at the southern end of the Toodoggone region, one of Canada’s hottest exploration regions. The 2025 drilling program at Dai, just one target area in the RDP (see Figure 5), has confirmed that the cross-porphyry copper-gold-silver mineralization in the eastern magnetic lobe is located in a tabular body that strikes east-northeast and slopes steeply to the north, and that the western magnetic lobe is also mineralized.
2026 exploration plans at the RDP include property-wide high-resolution magnetic surveying and magnetic vector inversion modeling as well as property-wide airborne magnetography to enhance and identify other porphyry targets at the RDP. Additional induced polarization surveys and geomagnetic information are planned to further improve drilling targeting on the day. The 3,000-metre drilling program will focus on testing the interpreted porphyry core between the western and eastern lobes and fully defining the western lobe discovery in 2025 (see Figures 6 and 7).
Figure 5
RDP targets
Figure 6
View daily training goals plan on MVI Magnets
Figure 7
View today’s goal perspective
About Pacific Ridge
Pacific Ridge, a Fiore Group company, aims to become the leading copper exploration company in British Columbia. The Kliyul copper and gold project, located in the abundant Quesnel region close to existing infrastructure, is the company’s flagship project. In addition to Kliyul, Pacific Ridge’s project portfolio includes the RDP copper and gold project, the Onjo copper and gold project, and the Redton copper and gold project, all located in British Columbia. The Company would like to acknowledge that its projects in British Columbia are located on traditional, ancestral and unceded lands of the Gitxsan Nation, McLeod Lake Indian Band, Nak’azdli Whut’en, Takla Nation, and Tsay Keh Dene Nation.
On behalf of the Board of Directors,
“Blaine Monaghan”
Blaine Monaghan
President and CEO
PACIFIC RIDGE EXPLORATION LIMITED.
Investor Relations:
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* CuEq = CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).
Commodity prices: Copper = US$4.60/lb, AUD = US$2600/oz, Ag = US$30.00/oz.
No mineral recovery testing has been performed on the Kliyul or RDP mineralization.
The company estimates a copper (CuR) recovery of 80%, a gold (AuR) recovery of 60%, and a silver (AgR) recovery of 60%.
The technical information contained in this news release was prepared under the supervision, review and approval of Danette Schwab, P.Geo., Vice President of Exploration for the Company, and a qualified person as defined in National Instrument 43-101 – Disclosure Standards for Mineral Projects.
Forward-looking information: This release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical fact, address exploratory drilling and other activities, events or developments that Pacific Ridge Exploration Ltd. anticipates. (“Pacific Ridge”) occur, are forward-looking statements. Forward-looking statements in this press release include plans to drill 2,500 meters at Cleol and 3,000 meters at RDB. Although Pacific Ridge believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from such forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among others, assumptions regarding general business and economic conditions under which an option will be exercised, the ability of Pacific Ridge and other parties to meet exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge’s proposed programs on reasonable terms, and the ability of third party service providers to provide services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those anticipated in the forward-looking statements. Pacific Ridge undertakes no obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.
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