- Common shares of Pacific Ridge Exploration (PEX) are now trading on the OTC Venture Market (OTCQB) under the ticker symbol PEXZF
- The diamond drill program at the Kliyul copper-gold project was delayed due to a wildfire
- The fire is now under control and the company expects that the drill program to begin shortly
- Pacific Ridge has prioritized drill targets within the large and highly prospective Kliyul project area
- Pacific Ridge is a gold exploration company whose flagship project is the Kliyul copper-gold project
- Pacific Ridge Exploration Ltd. (PEX) is up 2.56 per cent, trading at C$0.20 per share at 1:50 pm ET
Common shares of Pacific Ridge Exploration (PEX) are now trading on the OTC Venture Market (OTCQB) under the ticker symbol PEXZF.
The OTCQB offers early-stage and developing international companies the benefits of being publicly traded in the U.S. without the complexity and cost of a U.S. exchange listing.
Kliyul copper-gold project update
The start of the fully funded 2,500-metre diamond drill program at the Kliyul copper-gold project was delayed due to a wildfire that temporarily closed the main access road to the project area. The fire is now under control and the road is again open. However, Pacific Ridge will remain responsive to local conditions as required. Camp construction is nearly complete and the drill rig should arrive in the next several days. The company expects that the drill program will commence shortly and will update investors when drilling starts.
Kliyul is located in Northwestern British Columbia in one of the most geochemically anomalous areas for copper and gold in the Quesnel Terrane.
Pacific Ridge utilized its newly constructed Kliyul database, which includes all the geological, geochemical, geophysical and drill data, to prioritize drill targets within the large and highly prospective Kliyul project area.
Pacific Ridge is a gold exploration company whose flagship project is the Kliyul copper-gold project. Pacific Ridge’s project portfolio includes the RDP copper-gold project and the Redton copper-gold project, both located in British Columbia.
Pacific Ridge Exploration Ltd. (PEX) is up 2.56 per cent, trading at C$0.20 per share at 1:50 pm ET.
