| Announcement Date: | 2022-11-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Pacific Ridge Exploration Ltd. |
| Project name: | Kliyul |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Drilling results incl. 588.0m at 0.12% Cu, 0.39g/t Au, 0.90g/t Ag, from 12m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, B.C. – November 16, 2022 – Pacific Ridge Exploration Ltd. (PEX: TSX Venture; PEXZF: OTCQB) (“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. |
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