Pacific Ridge Intersects 289 m of 0.77% Copper Equivalent or 1.15 g/t Gold Equivalent at Kliyul Copper-Gold Project; Expands Mineralization 110 m to the West
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On November 18, 2025, Pacific Ridge announced drill results from its 100%-owned Kliyul copper-gold project in British Columbia. The two-hole, 1,287-metre program was designed for infill and resource expansion at the Kliyul Main Zone (KMZ).
Key highlights include: - Hole KLI-25-070: Intersected a high-grade interval of 289 metres (m) grading 0.77% copper equivalent (CuEq) or 1.15 g/t gold equivalent (AuEq), comprising 0.26% copper, 0.75 g/t gold, and 1.54 g/t silver. This was within a broader mineralized zone of 489.8 m grading 0.20% copper and 0.53 g/t gold. The company stated this is "one of the best intervals ever recorded at KMZ." - Hole KLI-25-071: Extended copper-gold mineralization 110 m to the west, intersecting 421.0 m of 0.12% copper and 0.16 g/t gold. - The CEO, Blaine Monaghan, stated the program was a "big success" and that the 2026 drill program will focus on continued resource expansion at KMZ and testing other targets along the 6-km mineralized trend.
The drill results are materially positive and demonstrate significant progress at the company's flagship Kliyul project.
- Grade Improvement: The headline intercept in hole KLI-25-070 (289 m of 0.77% CuEq) is more than double the average grade of the initial inferred mineral resource estimate (334.1 million tonnes at 0.33% CuEq) announced on August 5, 2025. This result confirms the presence of higher-grade domains within the larger porphyry system and suggests potential to materially improve the overall grade of the deposit with further infill drilling.
- Resource Expansion: Hole KLI-25-071 successfully extended the known mineralization by 110 m to the west. While lower grade, it confirms the system continues to grow, and the KMZ deposit remains open for expansion in multiple directions.
- Strategic Execution: These results follow a successful 2025 drill campaign at the RDP project, which also delivered high-grade intercepts in October. The company is consistently delivering strong exploration results at its core BC assets after a brief and abandoned strategic pivot to US projects earlier in the year. The results validate the exploration model and justify the planned 2026 drill program.
- Context: The program was smaller than initially planned (1,287 m drilled vs. 2,500 m planned in the August 27 news release), however, the quality of the results from the two completed holes outweighs the smaller meterage. The stock price has declined over 45% from its October high of $0.37 to the current $0.20 level. This highly positive news provides a strong catalyst that could reverse the recent downtrend.
While the results are excellent for an exploration-stage project, significant risks remain. The entire resource is in the inferred category, and no project-specific metallurgical test work has been completed, meaning recovery rates are based on assumptions from nearby mines.
Pacific Ridge Exploration Ltd. is a junior exploration company focused on advancing its portfolio of copper-gold porphyry projects in British Columbia, Canada.
The company's flagship project is the 100%-owned Kliyul copper-gold project, located in the Quesnel Terrane. In August 2025, the company announced an initial NI 43-101 inferred mineral resource estimate for the Kliyul Main Zone (KMZ) of 334.1 million tonnes grading 0.33% CuEq. The company has successfully expanded the mineralized footprint at KMZ tenfold since it began drilling in 2021. The project remains open for expansion. The company also holds the prospective RDP copper-gold project, which has returned high-grade drill results.