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Pacific Ridge Identifies New Porphyry Targets at Onjo Copper-Gold Project; Drill Results Update
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Pacific Ridge Exploration ...
About this update from Pacific Ridge Exploration Ltd.
[{"type":"text","content":"Pacific Ridge Identifies New Porphyry Targets at Onjo Copper-Gold Project; Drill Results UpdateVancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (\"Pacific Ridge\" or the \"Company\") is pleased to announce that the 2022 exploration program at the Onjo copper-gold project (\"Onjo\" or the \"Project\"), located 10 km west of Centerra Gold Inc.'s (\"Centerra\") Mount Milligan mine in northcentral B.C., identified three new porphyry copper-gold targets. The exploration program at the Project consisted of prospecting, geological mapping, a soil sampling program and ZTEM airborne geophysical survey. Onjo hosts skarn and alkalic porphyry copper-gold mineralization associated with dioritic to monzonitic phases of the Witch Lake Diorite.Highlights:Three early-stage porphyry Cu-Au targets (Chica, Gingla, and Yazi), defined by ZTEM conductivity, magnetics, and surface geochemistry, occur along an inferred ENE-trending cross-arc structural linear (Heidi Lake Trend) that extends westward from the MBX Main deposit and open pit at Mount Milligan Mine (see Figure 1).Electromagnetic results of the ZTEM survey confirm an ENE-trending predominant structural set and secondary north-south and NW-trending structural control. Target zones lie at intersections of these.Target zones are at the southern and eastern margin of an aeromagnetic anomaly that is spatially associated with the Witch Lake Diorite composite pluton.Intrusion-shaped ZTEM conductivity anomalies of interest are coincident with surface mapping and geochemical sampling results that are anomalous in porphyry deposit pathfinder elements. Figure 1 TMI Aeromagnetic Map of Onjo. Also Shown is the Inferred Arc-Transverse Heidi Lake Trend Extending Westward from the MBX Main Zone and Open Pit at Mount Milligan Mine To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/5460/147799_9fbb7d34540f4b67_001full.jpgKliyul Copper-Gold Project and RDP Copper-Gold Project Drill Results UpdatePacific Ridge completed 7,014.7 metres of drilling in 12 holes at the Kliyul copper-gold project (\"Kliyul\") in 2022 and reported the first six drill holes in November. Drill hole KLI-22-041 intersected 278 m of 0.67% copper equivalent (\"CuEq\") or 0.92 g/t gold equivalent (\"AuEq\") wit...