Pacific Ridge Exploration Ltd. · TSXV:PEX

Pacific Ridge Exploration — Investor Presentation (April 2023)

18 slides from Pacific Ridge Exploration's investor presentation, April 2023

  1. Slide 1: Focused on B.C. Copper-Gold Porphyry Projects

    FOCUSED ON B.C. COPPER-GOLD PORPHYRY PROJECTS April 2023 TSX.V: PEX OTCQB: PEXZF

  2. Slide 2: Land Acknowledgement

    LAND ACKNOWLEDGEMENT Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak’azdli Whut’en, Takla Nation, and Tsay Keh Dene Nation. 2

  3. Slide 3: Forward Looking Statements

    This presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that Pacific Ridge Exploration Ltd. exp

  4. Slide 4: Why Pacific Ridge?

    Opportunity Strategic Investment WHY PACIFIC RIDGE? ~ 11,000 m of drilling in 2023. BHP – 19.9% of Brixton; Teck – 9.9% of Kodiak Copper. Kliyul copper-gold project: Our Goal? 7,000 m planned at flagship Become B.C.’s leading Acquisition project. copper-gold exploration Newmont - GT Gold ($450M). co

  5. Slide 5: Key Management / Technical Committee

    KEY MANAGEMENT TECHNICAL COMMITTEE Gerald G. Carlson, PhD, PEng Danette Schwab, BSc., PGeo. Borden Putnam III, MSc., PGeo. Executive Chairman & Director Vice President Exploration Committee Chair and Independent Director of Pacific Ridge Over 40 years of international Over 18 years of experience in

  6. Slide 6: Share Structure

    SHARE STRUCTURE 52 week high/low Market Cap. $0.51/$0.215 (CAD) ~$25.0M (CAD) TSX.V: PEX OTCQB: PEXZF Daily Trading (3 mo.’s avg.) Analyst Coverage ~250k M Partners Common Shares Warrants Beacon Securities 60% 108.0M 29.8M 50% Stock Options Fully Diluted 40% 9.4M 147.2M 30% 20% Ownership 10% 0% Reta

  7. Slide 7: Kliyul copper-gold project summary

    Kliyul copper-gold project SUMMARY Can acquire up to a 75% interest Significant intervals of porphyry copper-gold mineralization from Centerra Gold Inc. (“Centerra”) Width CuEq* AuEq* Width CuEq* AuEq* Located in a prolific mining belt close to existing infrastructure. 245.0m 0.58% 0.79g/t 219.8m 0.

  8. Slide 8: The Quesnel Terrane

    Kwanika and Stardust: Lawyers: NorthWest Copper. Benchmark Metals. Kliyul copper-gold project THE QUESNEL Kemess North: Feasibility Kemess South: Past stage porphyry Cu-Au deposit producing porphyry Cu-Au TERRANE (Centerra). mine (Centerra). Mount Milligan: Producing Joy District: Freeport to porphy

  9. Slide 9: Infrastructure

    Kliyul copper-gold project INFRASTRUCTURE 5km from Omineca road/230 kV power line that serves Kemess - 50km north. TSX.V: PEX OTCQB: PEXZF 9

  10. Slide 10: Comparable B.C. Deposits/Mines

    Kliyul copper-gold project COMPARABLE B.C. Deposit/Mine Mt Cu (%) Au (g/t) CuEq* (%) AuEq**(g/t) Category DEPOSITS/MINES Mount Milligan 246 0.18 0.37 0.45 0.62 Proven & Probable How does KLI-21-036, KLI-21-037, KLI- Red Chris 910 0.39 0.42 0.70 0.95 Measured & indicated 22-041, KLI-22-050 and highli

  11. Slide 11: Kliyul West, KMZ, and Kliyul North with MVI

    Kliyul West, KMZ, and Kliyul North with MVI (magnetic vector inversion) Amplitude Magnetics 2022 Drilling successfully extended KMZ mineralized body in all directions. Now measures ~600 m (E-W) x 350 m (N-S) x 600 m vertical depth. TSX.V: PEX OTCQB: PEXZF 11

  12. Slide 12: Cross Section of Kliyul West, KMZ, and Kliyul North

    Cross Section of Kliyul West, KMZ, and Kliyul North Drilling confirmed that faults do not cut off mineralization to the north or the west. KMZ remains open in every direction. TSX.V: PEX OTCQB: PEXZF 12

  13. Slide 13: MVI Induced Model of Kliyul Magnetic Anomaly

    MVI Induced Model of Kliyul Magnetic Anomaly Drilling confirmed that the MVI data closely correlates with mineralization. Anomalous MVI is ~ 38-hectare in size; current KMZ mineralized footprint is only 5.5 hectares, or 14.5% of the total footprint. TSX.V: PEX OTCQB: PEXZF 13

  14. Slide 14: Other Property Scale Targets at Kliyul

    OTHER PROPERTY SCALE TARGETS AT KLIYUL Porphyry deposits occur in clusters. In addition to the KMZ, four other porphyry targets exist along an underexplored 6-km long mineralized trend: Bap Ridge, Ginger, M-39 and Parish Hill. Pacific Ridge completed an IP survey at Bap Ridge, Ginger, M39, and Paris

  15. Slide 15: Chuchi Copper-Gold Project

    CHUCHI COPPER- GOLD PROJECT Can acquire up to 75% in Chuchi from Centerra and up to 75% in Chuchi South and Chuchi West from American Copper. Over 16,000 hectares, Chuchi is road accessible and located 35km northwest of Centerra’s Mount Milligan mine. BP Zone mineralized area is 1.5 km x 1.5 km in s

  16. Slide 16: RDP Copper-Gold Project

    RDP COPPER-GOLD PROJECT Optioned to a wholly- 1,861 m of drilling in six owned subsidiary of holes was completed in Antofaqasta: 2021. Hole RDP-22-005 was the best hole ever Can acquire a 75% recorded at RDP and was interest by spending one of best porphyry $10M over eight years intervals reported i

  17. Slide 17: Why Pacific Ridge?

    Opportunity Strategic Investment WHY PACIFIC RIDGE? ~ 11,000 m of drilling in 2023. BHP – 19.9% of Brixton; Teck – 9.9% of Kodiak Copper. Kliyul copper-gold project: Our Goal? 7,000 m planned at flagship Become B.C.’s leading Acquisition project. copper-gold exploration Newmont - GT Gold ($450M). co

  18. Slide 18: Contact Information

    1111 Melville Street, Suite 1100 Vancouver BC V6E 3V6 www.pacificridgeexploration.com Blaine Monaghan President & CEO Phone: 604-687-4951 bmonaghan@pacificridgeexploration.com TSX.V: PEX OTCQB: PEXZF

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