• Pacific Ridge Exploration (PEX) has announced assay results from drill hole KLI-21-037
  • KLI-21-037 is the second of three diamond drill holes completed during the 2021 drilling campaign at the company’s Kliyul porphyry copper-gold project in B.C.
  • Blaine Monaghan, CEO of Pacific Ridge sat down with Dave Jackson to discuss the results
  • Results from the drill hole include 566.7 m of 0.48 per cent copper equivalent (CuEq) or 0.76 gpt (grams per tonne) gold equivalent (AuEq), comprising 0.20 per cent Cu and 0.44 gpt Au
  • Pacific Ridge Exploration Ltd an exploration stage company focused on acquiring and exploring mineral properties
  • Pacific Ridge Exploration Ltd. (PEX) is up 12.31 per cent, trading at C$0.365 per share at 10:30 am EST

Pacific Ridge Exploration (PEX) has announced assay results from drill hole KLI-21-037.

KLI-21-037 is the second of three diamond drill holes completed during the 2021 drilling campaign at the company’s Kliyul porphyry copper-gold project  located in northwest British Columbia

Drill hole KLI-21-037 highlights:

  • 566.7 m of 0.48 per cent copper equivalent (CuEq) or 0.76 gpt (grams per tonne) gold equivalent (AuEq), comprising 0.20 per cent Cu and 0.44 gpt Au
  • With values up to 4 per cent Cu and 5.8 gpt Au, these are some of the highest-grade core samples ever returned from a deep drill hole at the Kliyul Main Zone (KMZ)
  • Successfully extended mineralization at the KMZ 75 m to the west; mineralization at KMZ remains open to the west, south and southeast of drill hole KLI-21-037

Blaine Monaghan, CEO of Pacific Ridge sat down with Dave Jackson to discuss the results.

“We continue to be extremely pleased with the results from our first ever drill program at Kliyul. Hole KLI-21-037 successfully extended mineralization to the west and the grade compares very favourably to our first hole, which was the best hole ever drilled at Kliyul. We now wait for results from drill hole KLI-21-038, a vertical hole targeted to test the interpreted centre of the porphyry system at KMZ, which was the third and last hole to be drilled during our 2021 drilling campaign.”

Pacific Ridge Exploration Ltd is an exploration stage company focused on acquiring and exploring mineral properties in Canada and the United States.

Pacific Ridge Exploration Ltd. (PEX) is up 12.31 per cent, trading at C$0.365 per share at 10:30 am EST.

More From The Market Online

Tarku Resources acquires the Dana Project in Quebec

Tarku Resources (TSXV:TKU) acquires the Dana Project in Quebec, which hosts nickel, copper, cobalt and platinum group elements.

Silvercorp to expand into Ecuador with C$200M Adventus acquisition

Canadian silver miner Silvercorp Metals Inc. (TSX:SVM) recently announced a friendly deal to acquire Adventus Mining Corp. (TSXV:ADZN).
Element79 - Element79 Gold's Lucero project in Peru.

Element79 Gold increases exploration upside with high-grade samples

Element79 (CSE:ELEM) unveils sampling assays as high as 98.1 g/t gold and 3,026 g/t silver from its flagship Lucero project in Peru.