Vancouver, B.C. – September 29, 2020 – Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (“Pacific Ridge” or the “Company”) reports that it is planning a one to two hole drill program at its road accessible Redton porphyry project, located in central British Columbia, adjacent to Serengeti Resources Inc.’s Kwanika project. The drill holes will test a 550m by 250m magnetic and IP chargeability anomaly and coincident 500m x 100m copper- molybdenum soil anomaly located 2.5 km north of the Kwanika Central Zone deposit1 (Measured and Indicated Resource of 223.6 million tonnes grading 0.27% copper, 0.25 g/t gold and 0.87 g/t silver containing 1.32 billion pounds of Cu, 1.83 million ounces of Au and 6.27 million ounces of Ag – Serengeti news release, March 3, 2019). The program is expected to commence within a few days. For further information on the Redton project, please see https://www.pacificridgeexploration.com/projects/redton-gold-copper/.
About Pacific Ridge
Pacific Ridge is a well-financed junior exploration company that has assembled a portfolio of highly prospective gold and base metal projects located in the Yukon and British Columbia, where its board and management team have a track record of success. Its holdings include the new Kliyul and Redton copper-gold porphyry projects in north-central British Columbia, the Mariposa, Eureka Dome and Gold Cap gold exploration projects in the Klondike-White Gold District, Fyre Lake Cu-Au-Co massive sulphide deposit in the Finlayson District and the Spius Cu-Mo porphyry prospect in southern British Columbia.
On behalf of the Board of Directors,
“Gerald G. Carlson”
Gerald G. Carlson
President & CEO
Pacific Ridge Exploration Ltd.
For further information, contact:
Pacific Ridge Exploration Ltd.
Gerald G. Carlson
President & CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com
