Pacific Ridge Exploration Ltd. · TSXV:PEX
Pacific Ridge Exploration — Investor Presentation (2006)
32 slides from Pacific Ridge Exploration's investor presentation, 2006
Slide 1: Pacific Ridge Exploration Ltd: Focused on the Baker Uranium Project
Pacific Ridge Exploration Ltd (TSX-V: PEX): Focused on the Baker Uranium Project
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 future production, reserve or resource potential, exploration drilling, exploitation
Slide 3: Estimates of mineral resources
Estimates of mineral resources This presentation uses the terms “inferred resources”, “indicated resources” and “mineral resources”. Pacific Ridge Exploration Ltd. (the “Company”) advises investors that although these terms are recognized and required by Canadian securities regulations (under Nation
Slide 4: Snapshot
Snapshot • Exposure to a number of commodities: uranium, gold and copper • Multiple opportunities for new discovery • Working capital: C$3.1 million • Mine-finding management team
Slide 5: The company
The company • Headquartered in Vancouver, BC • Incorporated in 1979 and listed on the Toronto Venture Exchange (PEX:TSX-V) • Management has over 80 years of combined experience
Slide 6: Management
Management Marigold (Welcome North) Tillicum (Columbia Gold) Spectrum (Columbia Gold) Saddle Hills (Western) Dairi (International Annax) Faro Mine (Dynasty) flesh | I J Pace Cirque (Dynasty) Bear (Welcome North) Red Chris (American Bullion) Fyre Lake (Pacific Ridge) Guadalupe (Northern Crown)
Slide 7: Share structure
Share structure As at May 18, Issued Warrants Warrants Property Stock Fully 2006 $0.25 $0.35 Acquisitions Options Diluted (12/06) (04/07) Management 3,977,054 3,990,000 7,967,054 Public 51,613,885 4,790,000 3,439,950 58,843,835 Property 2,400,000 100,000 2,500,000 Acquisitions Total 57,990,939 4,790
Slide 8: Share Price
Share Price
Slide 9: Projects location
Projects location \ a i> Va TSK-N; PEX , : : ¢ R exploration & discovery in northern Canada <a EXPLORATION LTD. —
Slide 10: Baker Uranium Project
% ALBERTA }) Sats 4 \ basins host the highest grade Baker Uranium Project LAA i exploration & discovery in northern Canada EXPLORATION LT). pt a No ; "ggNUNAVUT OED S (OTN a > = Churchill Je) ALM Canadian paleoproterozoic uranium deposits in the world Yasitons AP ea Maior uranium deposit BAKER URANI
Slide 11: Exploration activity
Exploration activity 4 11 4 1 8 23 5 6 4 10 7 93 4 4 10 12 10 1) Bayswater/Stongbow JV 2) Cameco 3) Cogema 4) Diamonds North Deposit 5) Forum/Superior JV 6) Majescor 7) Pacific Ridge 8) Titan 9) Uravan Occurrence 10) Ur-Energy 11) Western Uranium 12) Yankee Hat
Slide 12: Baker Uranium Project
Baker Uranium Project • Baker Uranium Project covers 60 km length of basin edge with known uranium mineralization • Historic work in 1970s – 1980s focused to Baker project area as hot spot • ‘Unconformity-style’ discovered at surface and in drill holes • Under-explored with potential for multi-depos
Slide 13: 'Unconformity-Style' deposits
‘Unconformity-Style’ deposits
Slide 14: Exploration model
Exploration model • Canadian Paleoproterozoic Basins host the highest grade uranium deposits in the world • ‘Unconformity-style’ uranium deposits/prospects hosted in Athabasca, Thelon and Baker Lake Basins • Structural controls play key role in localization of deposits
Slide 15: Historic exploration
Historic exploration 1969 – 1972 New Continental Oil 1360 line mile airborne survey, ground follow-up and 10 drill holes 1974 – 1980 Pan Ocean Oil 6300 line mile airborne survey, ground follow-up and 22 drill holes 1975 – 1976 Cominco ground follow-up and 28 drill holes 1980 – 1985 Noranda ground fo
Slide 16: Uranium prospects
Uranium prospects sxploration & discovery in northern Canada 64°00'N $ & Project Boundary BAKER BASIN SEDIMENTS VASO ZONE BASEMENT ROCKS | 95°00'W W.J.Roberts, PGeo., QP 0 10 kms Radiometric Grid lm Uranium Mineralized Zone © Uranium Prospect | coverage with Historic Drill Holes
Slide 17: Drill target: KZ Zone
O— 2006 Drill Hole O——4 Historic Drill Hole (0.84) Historic _%U308 Results metres 0.40/ 2006 _%U308 | 5.2) Results metres STRUCTURE Drill target: A N RADIOMETRIC ANOMALY Section 9065N KZ Zone
Slide 18: Drill target: KZ Zone
Drill target: KZ Zon xploration & discovery in northern Canada EXPLORATION LTD. KZ Zone - Section 9065N KZ10 O— 2006 Drill Hole O-—- Historic Drill Hole 0.84) Historic _%U308 Results metres 0 0.40' 2006 %U3O8 L— SSS 5.2, Results —_ metres
Slide 19: Drill target: KZ Zone
—_ Drill target: KZ Zone IAL ‘ exploration & discovery in northern Canada EXPLORATION LT0.@ THE IDENTIFIER GR-135 _ miniSPEC aa
Slide 20: Drill target: 694 Zone
>) Grab 3.44% U308 oe ( Structures HISTORIC DRILL RESULTS 0.2m massive Wi Radiometric Anomaly | fr Hole Intercept Interval Assay Assay pitch blend vein S J Smears nes secon’ (chs) (m) (m) — (%U308) (Ibs/T U3O8) 7! ° ed N BASEMENT ROCKS T-1 63.1 - 64.6 1:5 0.37 8.1 TO THE an 79.1 - 80.5 ze = 0.87 19.
Slide 21: Drill target: 694 Zone
Drill target: 694 Zone EXPLORATION LTD.' N { hil y =~ : grab ; | joa Mags 4 Vy / am oT A 7 \ \ \ me (0.4 fiir 4 4 \ 09s 030 [03 oa 4 \N 3 VA ‘is, \ Vag re 01! 0.35 Tio e) / ee / I 9 1. ~ | ef bi = 14 f = grab | 11.7 4! SSS OE I los aad —_ \ * grab (>) | Xx T204—— / va | | 7 Uranium structure ea {f°
Slide 22: Drill target: 694 Zone
Drill target: 694 Zone LAA i exploration & discovery in northern Canada EXPLORATION LT).
Slide 23: Drill target: TK Zone
“ EXPLORATION LTD. A BASIN ea BASAL N SANDSTONE = = CONGLOMERATE : unconfor mity Ne aie 3 BASEMENT FAULL 3/7\2— 6 . Se ——— TMM ‘57 masn fae OT SANDSTONE /| \ / \ ‘cypl aration) | 0.125% U308 | EXPLORATION | | ad 500 m Hole Intercept Interval Assay Assay —— (m) (m) (%U308) (Ibs/T U308) W.J.Roberts, P
Slide 24: 2006 exploration program
2006 exploration program • Ground follow-up and verification of historic exploration • Sampling of over 20 known uranium prospects, re-sampling of drill core if available • Plan 15 diamond drill holes; 2000 metres drilling • Budget: $1.6 million
Slide 25: Matrix Gold Project
NUNAVUT MATRIX GOLD PROJECT N.W.T | PROTEROZOIC BASIN WITWATERSRAND BASIN more than 90 mines have produced over MANITOBA \ \
Slide 26: Overview
Overview • Gold in conglomerates within Proterozoic Basin • Analogous to the billion-ounce Witwatersand basin • Grab samples to 16.0 g/t • Potential new gold district
Slide 27: Matrix Gold Project
Matrix Gold Project Polymictic Conglomerate Matrix Project
Slide 28: Fyre Lake VMS Project
Fyre Lake VMS Project 8.2 million tonnes @ 2.1% Cu, 0.11% Co, 0.73 g/t Au NI 43-101 compliant – 1.0% copper cut-off
Slide 29: Exploration potential
Exploration potential Kona Drilling, deposit open-ended to southeast Best hole (65) at southeast end, 6.1% Cu over 7 metres Fyre I Drilling, 4.0 km-long magnetic target, never drilled Mineralized float grades 2.1% zinc and 5.5 g/t gold Fyre II Drilling, 3.0 km-long magnetic target, never drilled Min
Slide 30: Drill targets
Drill targets A N 'FYRE | KONA DEPOSIT | 7 | Geophysical Drill Target Voleanogenic Copper, Cobalt, Gold jassive Sulphide Mineralization Length ; 1500m Width : 250 m Thickness : 8-40 m KONA EXTENSION | Open-Ended Massive Sulphide Drill Target ——— FYRE Il Geophysical Drill Target Trace of Favourable:
Slide 31: Kona deposit
Kona deposit exploration & discovery in northern Canada EXPLORATION LT0.4 1.91, 0.13, 0.53 2.27, 0.11, 0.48 3.24, 0.20,0.97| 3.72, 0.15, 0.54 0.69, 0.07, 0.18 17.3 18.7 $0 4.0 1800 m 11.6 — \ 1.69, 0.19, 0.62 100, 1.29, 0.16, 0.87 1,95, 0.13, 0.53 2.75, 0.15, 0.80 |} |o.0- 43 177 12.2 70,94 68 1.40,
Slide 32: In Summary
In Summary • Exposure to a number of commodities: uranium, gold and copper • Aggressive 2006 exploration program • Multiple opportunities for new discovery • Mine-finding management team
Pacific Ridge Exploration — Investor Presentation (2006) on 6ix