19:28:53 EDT Tue 09 Jun 2026
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Pacific Ridge Exploration Ltd (4)
Symbol PEX
Shares Issued 59,098,530
Close 2025-12-16 C$ 0.23
Market Cap C$ 13,592,662
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Pacific Ridge signs Takla Nation deals for Kliyul, RDP

2025-12-16 16:49 ET - News Release

Mr. Blaine Monaghan reports

PACIFIC RIDGE SIGNS EXPLORATION AGREEMENTS WITH TAKLA NATION FOR KLIYUL AND RDP

Pacific Ridge Exploration Ltd. has entered into exploration agreements with Takla Nation for the Kliyul copper-gold project and the RDP copper-gold project, both located in north-central British Columbia.

The agreements establish a mutually beneficial and co-operative relationship whereby communication and collaboration between Takla and Pacific Ridge are key factors, providing the parties certainty in their relationship throughout the advancement of Kliyul and RDP.

About Kliyul

One hundred per cent owned by Pacific Ridge, Kliyul is located in the prolific Quesnel terrane close to existing infrastructure. The Kliyul Main zone (KMZ) hosts 334.1 million tonnes (Mt) grading 0.33 per cent copper equivalent (CuEq), 0.15 per cent copper, 0.26 gram per tonne gold and 0.95 g/t silver, or 2.42 billion pounds CuEq, which includes 1.11 billion pounds of copper, 2.74 million ounces of gold and 10.22 million ounces of silver, in the inferred mineral resource category (see news release dated Sept. 18, 2025) and remains open for expansion. KMZ is just one target area along an underexplored six-kilometre-long mineralized trend.

About RDP

One hundred per cent owned by the company, RDP is located in B.C.'s Golden Horseshoe at the southern end of the Toodoggone district, 40 km west of Pacific Ridge's flagship Kliyul. In 2025, the company completed five drill holes at the Day target with drill hole RDP-25-011 returning 112.2 metres of 1.35 per cent CuEq (0.76 per cent copper, 0.86 g/t gold and 3.16 g/t Ag) within 405.0 m of 0.71 per cent CuEq (0.44 per cent copper, 0.38 g/t Au and 1.87 g/t silver) (see news release dated Oct. 16, 2025). This is the best intercept ever recorded at RDP, surpassing the previous best intercept of 107.2 m of 1.39 per cent CuEq (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 (0.37 per cent Cu, 0.40 g/t Au, 1.60 g/t Ag), which was returned in drill hole RDP-22-005 (see news release dated Oct. 25, 2022).

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. The Kliyul Main zone, just one target area at Kliyul, hosts 334.1 million tonnes grading 0.33 per cent CuEq (0.15 per cent copper, 0.26 g/t gold and 0.95 g/t silver) in the inferred mineral resource category (see news release dated Sept. 18, 2025). 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 B.C. 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.

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, exploration, of the company, and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.

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