Pacific Ridge Exploration Ltd. · TSXV:PEX
Pacific Ridge Exploration — Investor Presentation (March 2023)
30 slides from Pacific Ridge Exploration's investor presentation, March 2023
Slide 1: Focused on B.C. Copper-Gold Porphyry Projects
FOCUSED ON B.C. COPPER-GOLD PORPHYRY PROJECTS March 2023 TSX.V: PEX OTCQB: PEXZF
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. TSX.V: PEX OTCQB: PEXZF 2
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
Slide 4: Why Pacific Ridge?
Opportunities Strategic Investment WHY PACIFIC Significant discovery at Teck – 9.9% of Kodiak Copper (MPD RIDGE? flagship Kliyul copper-gold copper-gold porphyry project) BHP – porphyry project. 19.9% of Brixton (Thorn project). Our Goal? Become B.C.’s leading copper-gold exploration Kliyul copper-g
Slide 5: Management & Board
MANAGEMENT & BOARD Gerald G. Carlson, PhD, PEng Blaine Monaghan, MBA Bruce Youngman, BSc. Borden Putnam III, MSc., Pgeo. Executive Chairman & Director President, CEO, & Director Independent Director Independent Director Over 40 years of international experience Over 20 years of experience creating O
Slide 6: Technical Committee
TECHNICAL COMMITTEE Dan Core, PhD Borden Putnam III, MSc., Pgeo. Bruce Youngman, BSc. Danette Schwab, , BSc., PGeo. Principal Geophysicist/ Geologist of Technical Committee Chair Independent Director Vice President Exploration Fathom Geophysics, specializing in Over 40 years of experience in the Ove
Slide 7: Share Structure and Ownership
SHARE STRUCTURE 52 week high/low Market Cap. $0.51/$0.215 (CAD) ~$30.0M (CAD) TSX.V: PEX OTCQB: PEXZF Daily Trading (3 mo.’s avg.) Analyst Coverage ~500k M Partners Common Shares Warrants 60% 108.0M 29.8M 50% Stock Options Fully Diluted 40% 9.4M 147.2M 30% 20% Ownership 10% 0% Retail Funds Managemen
Slide 8: Kliyul Copper-Gold Project
KLIYUL COPPER- GOLD PROJECT TSX.V: PEX OTCQB: PEXZF 8
Slide 9: 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 Gold). mine (Centerra Gold). Mount Milligan: Producing Joy District: Freeport
Slide 10: Infrastructure
Kliyul copper-gold project INFRASTRUCTURE 5km from Omineca road/230 kV power line that serves Kemess - 50km north. TSX.V: PEX OTCQB: PEXZF 10
Slide 11: Kliyul Overview
Kliyul copper-gold project OVERVIEW Can acquire up to 75% from Centerra Gold. Pacific Ridge completed 1,544 m in three holes in inaugural 2021 drill Similar geological environment to other B.C. copper- program and 7,014 m in 12 holes in 2022, the largest ever drill gold porphyry deposits/mines progr
Slide 12: 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 & Profitable How does KLI-21-036, KLI-21-037, KLI- Red Chris 910 0.39 0.42 0.7 0.95 Measured & indicated 22-041, KLI-22-050 and highl
Slide 13: Kliyul West, KMZ, and Kliyul North with MVI
Kliyul West, KMZ, and Kliyul North with MVI 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 13
Slide 14: 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 14
Slide 15: 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 15
Slide 16: 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
Slide 17: Kliyul Summary
Kliyul copper-gold project SUMMARY Located in a prolific mining belt close to Significant intervals of porphyry copper-gold mineralization existing infrastructure. Width CuEq* AuEq* Width CuEq* AuEq* Similar geological environment and comparable grades to other B.C. porphyry 245.0m 0.58% 0.79g/t 219
Slide 18: Opportunity to make a significant discovery at flagship Kliyul
Opportunity to make a significant discovery at flagship Kliyul copper-gold porphyry project! TSX.V: PEX OTCQB: PEXZF 18
Slide 19: RDP Copper-Gold Project
RDP COPPER-GOLD PROJECT Optioned to a wholly- Last drilled in 2011, owned subsidiary of inaugural drill program at Antofaqasta: RDP totaled 1,861m in six drill holes testing Day (five Can acquire a 75% holes) and Roy Zone (one interest by spending hole). $10M over eight years and delivering a PEA. T
Slide 20: Chuchi, Onjo, Redton
Chuchi Onjo Redton TSX.V: PEX OTCQB: PEXZF 20
Slide 21: Chuchi Copper-Gold Project
Chuchi copper- gold project Option to acquire up to a 75% interest from Centerra Gold. 35km northwest of Centerra’s Mount Milligan mine. Average length of 90 drill holes was 152.2 m, with many of the drill holes ending in mineralization. BP Zone mineralized area is 1.5 km x 1.5 km in size with grade
Slide 22: Onjo Copper-Gold Project
Onjo copper-gold project Owned 100%. Over 9,700 hectares in size and road accessible. Occurs on the same magnetic trend that hosts the Mount Milligan mine, Chuchi, and Northwest Copper Corp.'s Kwanika deposit. Pacific Ridge believes that past operators at Onjo encountered the upper levels of an alka
Slide 23: Redton Copper-Gold Project
Redton copper- gold project Option to acquire up to a 75% interest from Centerra Gold. Adjacent to NorthWest Copper’s Kwanika Deposit: Combined Measured and Indicated (M+I) Resource of 223.6 million tonnes grading 0.27% copper, 0.25 g/t gold and 0.87 g/t silver containing 1.32 billion pounds of Cu,
Slide 24: Why Pacific Ridge?
Opportunities Strategic Investment WHY PACIFIC Significant discovery at Teck – 9.9% of Kodiak Copper (MPD RIDGE? flagship Kliyul copper-gold copper-gold porphyry project) BHP – porphyry project. 19.9% of Brixton (Thorn project). Our Goal? Become B.C.’s leading copper-gold exploration Kliyul copper-g
Slide 25: Contact Details
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
Slide 26: 2021 Drill Program Results
Kliyul copper-gold project 2021 DRILL PROGRAM RESULTS Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) CuEq(%)* AuEq(%)** KLI-21-036* 12.0 449.0** 437.0 0.22 0.60 0.61 0.96 Includes 12.0 65.0 53.0 0.22 0.83 0.75 1.17 And 12.0 33.0 21.0 0.34 1.30 1.17 1.84 And 47.0 65.0 18.0 0.22 0.89 0.79 1.23 Includes
Slide 27: 2022 Drill Program Results
Kliyul copper-gold project 2022 DRILL PROGRAM RESULTS Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) Ag(g/t) CuEq(%)* AuEq(%)** 9.3 252 242.7 0.15 0.17 1.05 0.29 0.39 KLI-22-039 22 43.4 21.4 0.38 0.48 3.96 0.76 1.04 192 229 37 0.2 27 0.67 0.4 0.55 23 550.8 527.8 0.19 0.3 1.35 0.42 0.58 89 355.5 266.5
Slide 28: 2022 Drill Program Results
Kliyul copper-gold project 2022 DRILL PROGRAM RESULTS Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) Ag(g/t) CuEq(%)* AuEq(%)** 11.6 651 639.4 0.11 0.23 0.84 0.29 0.39 134 352 218 0.5 0.37 1.15 0.43 0.59 134 194 60 0.24 0.37 1.72 0.53 0.73 KLI-22-044 237.3 366.7 99.4 0.13 0.47 1.1 0.48 0.66 385.3 463.
Slide 29: RDP Copper-Gold Project Drill Results
TSX.V: PEX OTCQB: PEXZF RDP COPPER-GOLD PROJECT DRILL RESULTS Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) Ag(g/t) CuEq(%)* AuEq(%)** RDP22-001 9.5 61.0 51.5 0.51 0.65 2.59 1.01 1.38 RDP22-002 16.0 42.5 26.5 0.50 0.69 4.84 1.04 1.43 RDP22-003 13.1 72.5 59.4 0.78 1.20 2.99 1.68 2.3 RDP22-004 15.3 58.
Slide 30: BP Zone Selected Drill Results
TSX.V: PEX OTCQB: PEXZF Chuchi copper-gold project BP ZONE SELECTED DRILL RESULTS Hole No From(m) To(m) Width(m) Cu(%) Au(g/t) CuEq(%)* AuEq(%)** CH-89-7 38.0 138.0 100 0.27 0.37 0.51 0.79 includes 82.0 98.0 16 0.71 1.32 1.55 2.43 CH-89-8 152.0 200.0 48 0.25 0.24 0.4 0.63 CH-90-23 38.0 54.0 16 0.36
Pacific Ridge Exploration — Investor Presentation (March 2023) on 6ix