Mr. Blaine Monaghan reports

PACIFIC RIDGE PARTNERS WITH FIORE GROUP; NEW STRATEGIC ADVISORS; STOCK OPTION GRANT

Pacific Ridge Exploration Ltd. has entered into an agreement with the Fiore Group to provide the company with financial advisory and administrative services. Fiore is a private firm managing a broad portfolio of private equity investments and public companies, specializing in natural resources.

"It is extremely gratifying that one of the mining industry's leading management groups recognized Pacific Ridge's potential and invested in the recently closed financing," said Blaine Monaghan, president and chief executive officer of Pacific Ridge. "I'm confident that this partnership will unleash the company's potential and maximize shareholder value."

Strategic advisers

Pacific Ridge is also pleased to announce the appointment of Rob McLeod and Ryan Weymark as strategic advisers to the company. Mr. McLeod and Mr. Weymark will be focused on new opportunities that can drive shareholder growth.

About Rob McLeod

Born and raised in the mining town of Stewart, B.C., Mr. McLeod is a geologist, third-generation miner and entrepreneur. With 30 years of diverse experience for major and junior mining companies in a variety of metallogenic environments and mineral deposit types, primarily in British Columbia, Alaska, Yukon, Nunavut, Ontario and Nevada. As chief executive officer and vice-president, exploration, he has led many successful explorers and development companies such as IDM Mining and Underworld Resources.

Mr. McLeod is a lead technical adviser to the Fiore Group, CEO of Nations Royalty Inc., director of Dolly Varden Silver and Nexgold, as well as adviser to West Red Lake Gold Mines. An active mining industry volunteer, he is a past chair of AMEBC and serves on the board of the Britannia Mine Museum.

About Ryan Weymark

Mr. Weymark is a mining executive and professional engineer with over 15 years of experience spanning project development, technical advisory, permitting, M&A (mergers and acquisitions) and operations across the mining sector. He is the president and co-founder of Fuse Advisors Inc., a growing consultancy of 35-plus professionals that delivers high-impact project management and technical services across the Americas.

Mr. Weymark is part of the Fiore Group, contributing to the creation and advancement of new mining ventures. He is a co-founder of several public and private resource companies, and is an adviser to West Red Lake Gold Mines, Dolly Varden Silver and Nations Royalty.

Mr. Weymark is the former vice-president, technical evaluations, and consultant to NexGen Energy, where he led strategic technical initiatives for the Rook I project. Prior to NexGen, Mr. Weymark was an executive for several junior mining developers in the Golden Triangle of British Columbia. Prior to that, Mr. Weymark held technical and management roles with Teck Resources, Ledcor and SNC-Lavalin working in operations, engineering and construction projects.

Mr. Weymark holds a BASc in mining and mineral process engineering from the University of British Columbia and is a licensed professional engineer (PEng).

Stock options

Pacific Ridge has granted incentive stock options to various directors, officers, advisers and consultants to purchase 2.25 million common shares of the company at an exercise price of 17 cents per share, exercisable for a period of five years. The stock options are subject to the terms and conditions of Pacific Ridge's stock option plan and the policies of the TSX Venture Exchange.

About Pacific Ridge Exploration Ltd.

The company's goal is to become B.C.'s leading copper exploration company. Pacific Ridge's flagship asset is its 100-per-cent-owned Kliyul copper-gold project, located in the Quesnel terrane close to existing infrastructure. In addition to Kliyul, the company's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation and Tsay Keh Dene Nation.

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