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Pacific Ridge Intersects 110.0 M of 0.97% Copper Equivalent or 1.44 g/t Gold Equivalent Within 455.8 M of 0.43% Copper Equivalent or 0.63 g/t Gold Equivalent; Best Mineralized Interval of the 2023 Drilling Program at the Kliyul Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - Pacific Ridge Exploration Ltd. ...
About this update from Pacific Ridge Exploration Ltd.
[{"type":"text","content":"Pacific Ridge Intersects 110.0 M of 0.97% Copper Equivalent or 1.44 g/t Gold Equivalent Within 455.8 M of 0.43% Copper Equivalent or 0.63 g/t Gold Equivalent; Best Mineralized Interval of the 2023 Drilling Program at the Kliyul Copper-Gold ProjectVancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) (\"Pacific Ridge\" or the \"Company\") is pleased to announce results from the final three diamond drill holes, KLI-23-067 to KLI-23-069, of the 2023 drilling program at the Kliyul copper-gold porphyry project (\"Kliyul\" or \"Project\") with drill hole KLI-23-068 intersecting 110.0 m of 0.97% copper equivalent (\"CuEq\") or 1.44 g/t gold equivalent (\"AuEq\") (0.27% copper, 1.03 g/t gold, and 1.55 g/t silver) within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq (0.17% copper, 0.37 g/t gold, and 0.93 g/t silver). Owned 100% by the Company, Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure (see Figure 1). HighlightsAll three drill holes intersected significant porphyry copper-gold mineralization.Drill hole KLI-23-068 returned 110.0 m of 0.97% CuEq or 1.44 g/t AuEq (0.27% copper, 1.03 g/t gold, and 1.55 g/t silver) within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq (0.17% copper, 0.37 g/t gold, and 0.93 g/t silver). This is the best mineralized interval of the 2023 drill program at Kliyul.Drill hole KLI-23-067 returned 57.4 m of 0.41% CuEq or 0.60 g/t AuEq (0.22% copper, 0.26 g/t gold, and 1.22 g/t silver) within 309.2 m of 0.32% CuEq or 0.48 g/t AuEq (0.18% copper, 0.20 g/t gold, and 1.00 g/t silver). Drill hole KLI-23-069, the last hole of the 2023 drilling program, returned 45.0 m of 0.58% CuEq or 0.86 g/t AuEq (0.38% copper, 0.28 g/t gold, and 2.20 g/t silver) within 570.0 m of 0.27% CuEq or 0.40 g/t AuEq (0.14% copper, 0.18 g/t gold, and 0.99 g/t silver). The 45 m interval, at 584 m downhole depth, is the deepest mineralized interval ever encountered at Kliyul and provides a down-plunge vector for a higher-grade porphyry centre at the Kliyul Main Zone (\"KMZ\"). 2023 drilling expanded the known extents of KMZ mineralization to ~760 m east-west, ~600 m north-south, and ~650 m vertical depth. KMZ remains open in every direction.\"The last three holes from the 2023 drill program were among the best e...