Pacific Ridge Exploration Ltd. · TSXV:PEX
Pacific Ridge Exploration — Investor Presentation (July 2021)
29 slides from Pacific Ridge Exploration's investor presentation, Jul 15, 2021
Slide 1: Focused on copper-gold projects in British Columbia
Focused on copper-gold projects in British Columbia July 2021
Slide 2: Forward Looking Statements
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
Slide 3: Why Pacific Ridge?
WHY PACIFIC RIDGE? We aim to become one of B.C.’s leading copper-gold exploration companies. • Strong management team, board, and technical committee. • Attractive share structure and valuation. • Drill program at the Kliyul copper-gold project this month. • Exploration program at RDP and Redton. •
Slide 4: Management & Board
Management & Board Gerald G. (Gerry) Carlson, PhD, PEng. Executive Chairman & Director Over 40 years of international experience in managing mineral exploration and mining development companies with a focus on precious and base metal deposits. Received the J.C. Sproule Award for his work in the Yuko
Slide 5: Technical Committee
Technical Committee Borden Putnam III, MSc., PGeo. Technical Committee Chair Over 40 years of experience in the mineral industry. Mr Putnam has worked predominantly as an asset analyst and geologist and as a buy-side analyst at several U.S.-based mutual and hedge funds, including Eastbourne Capital
Slide 6: Share Structure
Share Structure Capital structure: Common shares: 53.6M Warrants: 10.0M Stock options: 4.2M Fully diluted: 67.8M Key Shareholders: DELPHI: 15% Crescat: 14% Other funds: 6% Insiders: 7% 52-week high/low: CAD$0.33/$0.035 Market capitalization: ~CAD$12.0M Cash: ~CAD$2.8M Six-month stock chart as at Jun
Slide 7: Project Portfolio
Project Portfolio BC projects: • Kliyul copper-gold porphyry project. • RDP copper-gold porphyry project. • Redton copper-gold porphyry project. Yukon projects: • Fyre Lake Cu-Au-Co project. • Mariposa gold project. • Eureka Dome gold project. • Gold Cap gold project. 7
Slide 8: Kliyul, RDP, and Redton - The Quesnel Trough
Kliyul, RDP, and Redton - The Quesnel Trough • Kliyul: Pacific Ridge’s new, advanced-stage copper-gold porphyry project. • Mount Milligan: Producing porphyry Cu-Au mine (Centerra Gold). • Kemess: Past producing porphyry Cu-Au mine; future producer (Centerra Gold). • Kwanika: Potential future Cu-Au p
Slide 9: Kliyul Copper-Gold Project
Kliyul Copper-Gold Project • Option to acquire up to a 75% interest from Centerra Gold. • Over 60 km2 in size and close to existing infrastructure: ~5km from road and power. • Similar geological environment to other copper-gold porphyry deposits in BC such as Kemess (Centerra), Mt. Milligan (Centerr
Slide 10: Kliyul: Historic Drill Core
Kliyul: Historic Drill Core 10
Slide 11: KMZ Drill Results
KMZ Drill Results 33 drill holes (5,524 m) have been drilled at the KMZ drilled since 1974, most of which targeted a near- surface Cu-Au magnetite skarn zone. Deeper drilling in 2015 encountered a porphyry gold-copper system. HOLE FROM (M) TO (M) WIDTH (M) CU (%) AU (GPT) CUEQ (%)* AUEQ (GPT)* KL-5
Slide 12: Porphyry Deposits/Mines in BC
Porphyry Deposits/Mines in BC DEPOSIT/MINE MT CU (%) AU (GPT) CUEQ (%) AUEQ (GPT) CATEGORY MT. MILLIGAN 482 0.20 0.39 0.62 0.58 PRE-PRODUCTION RESERVES RED CHRIS 49 0.43 0.26 0.71 0.66 PRODUCTION 2015-2019 KEMESS NORTH 268 0.22 0.42 0.67 0.63 INDICATED + INFERRED KEMESS SOUTH 228 0.16 0.40 0.59 0.55
Slide 13: KMZ Cross Section
KMZ Cross Section ? ? ? • Majority of mineralized intercepts are in host volcanic rocks and diorite (pre- mineral). • Potential for further grade enhancement in possible syn-mineral porphyry body (a significant volume of which has yet to be discovered). 13
Slide 14: KMZ IP; Drill Targets
KMZ IP; DRILL TARGETS Recent geological interpretation and geophysical modelling has defined expansion potential at the KMZ and identified two new targets, Kliyul West and Kliyul East, which have never been drill tested. A five hole, 2,500 metre diamond drill program to start this July. Holes KLI-A,
Slide 15: Kliyul: Multiple Porphyry Targets
Kliyul: Multiple Porphyry Targets • Porphyry deposits occur in clusters. • Multiple porphyry targets along an underexplored 4-km long mineralized trend. • Scale compares favourably with other well known mines and deposits. • In addition to the drill program at KMZ this summer, Pacific Ridge will loo
Slide 16: Kliyul Copper-Gold Project: Summary
Kliyul Copper-Gold Project: Summary • Kliyul is located in a prolific mining belt close to existing infrastructure. • Opportunity to make a significant copper-gold porphyry discovery. • KMZ is open at depth and laterally; Multiple porphyry targets along an underexplored 4-km long mineralized trend.
Slide 17: RDP Copper-Gold Project
RDP Copper-Gold Project • Option to acquire 100%. • Over 3,800 hectares, 40km west of Kliyul. • Similar geological environment to NorthWest Copper’s East Niv discovery, 20km to north. • Several porphyry targets that have been identified: Roy, Day, and Porcupine. • Roy: Hole EQ-001 encountered 0.11%
Slide 18: RDP Copper-Gold Project
RDP Copper-Gold Project 258000 6256000 264000 5262000 6260000 3000 62000 36000, eaacoo [****Drill hole C-92-1 ree, K SoS *Trench 6, 6A and 7 6 || 0.121% Cu and 0.55 g/t Au over 62m] Drill hole EQ 1-01 J0.11% Cu and 0.64 git Au over 122.95m 0.54% Cu and 0.75 git Au over 57m om —— ieee a : ae Drilling
Slide 19: 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: ▪ 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, 1.83 million ounces of Au and 6.27 million ounces of
Slide 20: Redton Copper-Gold Project
Redton Copper-Gold Project • Redton North target: Magnetic and IP chargeability anomaly and coincident copper-molybdenum soil anomaly - one hole drilled in 2020. • Redton East target: 800m by 800m copper and molybdenum soil anomaly. • East Swan target: Coincident magnetic and electromagnetic anomali
Slide 21: Yukon Projects
Yukon Projects Fyre Lake: Cu-Au-Co VMS deposit (optioned to BMC Minerals Ltd.). Three 100% owned gold projects located in the White Gold District: • Mariposa – Target is a White Gold/Coffee-style gold deposit. • Eureka Dome - Target is a structurally controlled epithermal to mesothermal gold deposit
Slide 22: Fyre Lake Cu-Au-Co VMS Project
Fyre Lake Cu-Au-Co VMS Project BMC Minerals Ltd. (“BMC”) has the option to acquire a 100% interest in the Fyre Lake Cu-Au-Co massive sulphide deposit. • Over $2 million paid so far. • Biannual payments of $75K. • FINAL $1.2M PAYMENT BY DEC. 31, 2021. • Bonus Payment: $1.0M (due after BMC’s Kudz Ze K
Slide 23: Mariposa Gold Project
Mariposa Gold Project Target: White Gold/Coffee-style gold deposit. Property: 1,300 claims (30,000 ha),120 km SE of Dawson, Yukon; winter road accessible. History: Drilled in 2010-12 with best result of 2.74 gpt Au over 33.7 m (within 1.51 gpt Au over 81.5 m). Pacific Ridge spent almost $7.0M at Mar
Slide 24: Eureka Dome Gold Project
Eureka Dome Gold Project Target: Structurally controlled epithermal to mesothermal gold. Property: 116 claims (3,300 ha) 70 km SE of Dawson, Yukon; road accessible. History: Soil sampling in 2010 identified several gold anomalies with related pathfinder elements – anomalies further defined with deta
Slide 25: Gold Cap Project
Gold Cap Project Target: Structurally controlled mesothermal gold. Property : 56 claims (1,200 ha) 40 km S of Dawson, Yukon; 6 km E of Golden Saddle. History: Soil sampling in 2010 identified several gold anomalies with related pathfinder elements. Setting: White Gold District - similar geology to G
Slide 26: Why Pacific Ridge?
WHY PACIFIC RIDGE? We aim to become one of B.C.’s leading copper-gold exploration companies. • Strong management team, board, and technical committee. • Attractive share structure and valuation. • Drill program at the Kliyul copper-gold project this month. • Exploration program at RDP and Redton. •
Slide 27: Pacific Ridge Exploration Ltd.
Pacific Ridge Exploration Ltd. 1111 Melville Street, Suite 1100 Vancouver BC V6E 3V6 www.pacificridgeexploration.com Blaine Monaghan TSX-V: PEX President & CEO Phone: 604-687-4951 bmonaghan@pacificridgeexploration.com
Slide 28: Kliyul and Redton Option Terms
Kliyul and Redton Option Terms Pacific Ridge has the right to earn a 51-per-cent interest in the properties by making cash payments of $100,000, issuing two million shares and spending $3.5-million on exploration by Dec. 31, 2023. The Company then has the right to increase its interest in the proper
Slide 29: RDP Option Terms
RDP Option Terms Pacific Ridge has the option to earn a 100% interest in RDP by making payments of $125,000 ($5,000 on signing), issuing 1,200,000 shares (100,000 shares on signing) and completing $810,000 in exploration in stages by December 15, 2023. In addition, Pacific Ridge will issue 300,000 s
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