Mr. Blaine Monaghan reports
DRILLING UPDATE AT PACIFIC RIDGE'S RDP COPPER-GOLD PROJECT
Pacific Ridge Exploration Ltd. has provided an update on the drill program under way at the company's 100-per-cent-owned RDP copper-gold project, located in B.C.'s Golden Horseshoe at the southern end of the Toodoggone district and 40 kilometres west of the company's flagship Kliyul copper-gold project.
Drilling at RDP in 2022 returned one of B.C.'s best porphyry copper-gold intervals that year. Drill hole RDP-22-005 intersected 107.2 metres of 1.39 per cent copper equivalent (CuEq) or 2.06 grams per tonne gold equivalent (AuEq) (0.63 per cent copper, 1.10 g/t gold and 2.91 g/t silver) within 497.2 m of 0.66 per cent CuEq or 0.97 g/t AuEq (0.37 per cent copper, 0.40 g/t gold, and 1.60 g/t silver) at the Day target (see news release dated Oct. 25, 2022).
"We are very pleased with what we are seeing so far," said Blaine Monaghan, president and chief executive officer of Pacific Ridge. "Strong copper mineralization is present in many of the drill holes and drilling has confirmed that the porphyry copper-gold-silver mineralization at Day is hosted in a tabular body that remains open. We look forward to reporting the drill results from the 2025 RDP drill program."
2025 RDP drill program
The 2025 drill program at RDP is focused on the Day target with the objective of confirming that the porphyry Cu-Au-Ag mineralization at Day is hosted in a westward-striking, steeply northward-dipping tabular body.
RDP-25-010, the first drill hole of the 2025 exploration program, was located 40 m southwest of RDP-22-005. RDP-25-010 was drilled at an azimuth of 60 degrees and dip of 72 degrees. A stockwork of quartz-magnetite-sulphide veins was encountered in the first five m of drilling, however, a late mineral intrusive was intersected from five m to 175.5 m and the hole was terminated.
RDP-25-011 was drilled from the same location at an azimuth of 48 degrees and dip of 65 degrees to a depth of 431 m and cut underneath and to the northwest of RDP-22-005. Patchy potassic alteration (k-feldspar-magnetite) was intersected as well as intervals of strong quartz-magnetite sulphide veining, chalcopyrite plus/minus bornite mineralization hosted in early-mineral monzodiorite and hydrothermal breccia, extending mineralization to the north of RDP-22-005 by a minimum of 50 m, with mineralization still being open to the north.
RDP-25-012 (48 degrees/negative 65 degrees/363 m length) and RDP-25-013 (160 degrees/negative 70 degrees/582 m length) were drilled from a site 170 m northeast of RDP-22-005 to test the interpreted tabular porphyry Cu-Au mineralization geometry between RDP-22-005 and RDP-23-007, which was collared 300 m northeast of RDP-22-005 and ended in 19.0 m of 0.45 per cent CuEq or 0.67 g/t AuEq (0.32 per cent copper, 0.19 g/t gold and 1.08 g/t silver) (see new release dated Nov. 23, 2023). Chalcopyrite and bornite mineralization hosted in early mineral, potassically altered monzodiorite intrusive rocks and hydrothermal breccia were intersected, which confirmed the concept of a tabular geometry. Copper-sulphide mineralization was intersected to a vertical depth of 500 m in RDP-25-013 and it remains open.
RDP-25-014, ongoing, is being drilled at an azimuth of 160 degrees and dip of 70 degrees from the same drill pad as RDP-25-011.
About Pacific Ridge Exploration Ltd.
A Fiore Group company, Pacific Ridge's goal is to become British Columbia's leading copper exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to existing infrastructure, is the company's flagship project. In addition to Kliyul, Pacific Ridge'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 B.C. The company would like to acknowledge that its B.C. projects are 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.
The technical information contained within this news release has been prepared under the supervision of, and reviewed and approved by, Danette Schwab, PGeo, vice-president of exploration of the company, and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
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