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Pacific Ridge Mobilizes Field Crews to Kliyul Copper-Gold Project; the First of Three Copper-Gold Projects to Be Drilled This Year
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Pacific Ridge Exploration Ltd. (T...
About this update from Pacific Ridge Exploration Ltd.
[{"type":"text","content":"Pacific Ridge Mobilizes Field Crews to Kliyul Copper-Gold Project; the First of Three Copper-Gold Projects to Be Drilled This YearVancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (\"Pacific Ridge\" or the \"Company\") is pleased to announce that field crews have been mobilized to its 100% owned Kliyul copper-gold project (\"Kliyul\"), located in the prolific Quesnel Trough in north-central British Columbia. The Company plans to complete 7,000 m of diamond drilling at Kliyul this year. Additionally, Pacific Ridge is planning a 2,000 m diamond drill program at the Chuchi copper-gold project (\"Chuchi\") and an 1,800 m diamond drill program at the RDP copper-gold project (\"RDP\"), under option to Antofagasta Minerals S.A. (See Figure 1 for a location map).\"2023 will be Pacific Ridge's busiest and most exciting exploration season ever,\" said Blaine Monaghan, President & CEO of Pacific Ridge, \"With close to 11,000 m of diamond drilling planned across three projects, I am very confident that the Company will continue to deliver exceptional drill results. I am particularly excited about this year's exploration program at Kliyul where drilling will be focused on expanding the Kliyul Main Zone and testing several nearby interpreted porphyry centres that have never been drilled before.\"Figure 1 - Location of Kliyul, Chuchi, and RDPTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5460/169906_193a0f6d040b9915_001full.jpg2023 Kliyul Drill Program 2022 drilling at Kliyul materially increased the size of the Kliyul Main Zone (\"KMZ\") mineralized body from 350 m x 150 m x 500 m depth to 600 m x 350 m x 600 m depth, an increase of almost 400%, and drill hole KLI-22-050 returned 89.0 m of 1.06% copper equivalent (\"CuEq\") (0.28% copper, 1.05 g/t gold, and 1.20 g/t silver) within 328.0 m of 0.67% CuEq (0.25% copper, 0.57 g/t gold, and 1.25 g/t silver).In 2023, Pacific Ridge plans to complete 7,000 m of drilling at Kliyul with two main objectives:Expanding the size of the KMZ mineralized body to the southeast and into adjacent fault blocks to the north, east and southwest (see Figure 2). These targets are defined by known mineralization from previous drilling combined with modelled geophysical signatures, incl...