Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Pacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects

Pacific Ridge Drilling Plan Confirms Strategy But Fails to Spark Re-Rating Amidst Share Price Decline

By The Northwire Desk — AI Analysis Apr 13, 2026 · 07:31 PEX · 0.175 Pacific Ridge Exploration Ltd.
Executive Summary
  • Date: April 13, 2026
  • Headline: Pacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects
  • Core Announcement: The company outlined its 2026 drilling program targeting resource expansion at the Kliyul Main Zone (KMZ) and definition of high-grade porphyry zones at the RDP project.
  • Resource Reiteration: Confirmed existing inferred resources: ~2.42 billion lbs CuEq (~5.7M AuEq oz) at Kliyul KMZ; highlighted 112.2m @ 1.35% CuEq intercept from 2025 drilling at RDP Day target.
  • Operational Changes: Terminated acquisition agreement for the Chuchi project (up to 75% interest). Renewed Investor Relations services with Capital Analytica ($60k) and IRPub ($100k).
  • Forward Guidance: Plans to drill Kliyul and RDP throughout the 2026 field season; results to be disclosed as available.
Material Impact
  • News Context: This release is a forward-looking operational plan based on data already released in late 2025 (Oct/Nov drilling results). It does not contain new assay results, resource updates, or financing news.
  • Market Expectation: The market was aware of the 2026 drill intent following the successful 2025 campaigns and the September 2025 financing ($4.65M raised).
  • Impact Analysis:
    • Positive: Confirmation of continued exploration activity prevents speculation of a "drill stop" due to cash constraints. Termination of Chuchi deal removes potential distraction/cost.
    • Negative/Neutral: No new high-grade intercepts reported in this specific release. The stock has already priced in the 2025 success (peaked Oct 2025 at $0.33) and is currently trading near lows ($0.18).
    • Conclusion: The news is expected and routine for an exploration company entering a new field season. It maintains status quo rather than altering valuation thesis.
PEX · Price
Company Overview
  • Company: Pacific Ridge Exploration Ltd. (TSXV: PEX). Focuses on copper-gold porphyry projects in British Columbia.
  • Flagship Project: Kliyul Copper-Gold Project (100% owned, Quesnel Terrane).
    • Resource: Inferred 334.1 Mt @ 0.33% CuEq (2.42B lbs CuEq).
    • Status: Exploration/Development stage. Open for expansion at depth and laterally.
  • Secondary Project: RDP Copper-Gold Project (100% owned, Toodoggone District).
    • Highlight: High-grade intercepts (e.g., 112.2m @ 1.35% CuEq) suggest a significant porphyry system comparable to regional peers like Red Chris.
  • Other Assets: Onjo, Orbison, Mariposa properties (minor value). Chuchi project option terminated.
Read the original news release →

More from Pacific Ridge Exploration Ltd.

Oct 08, 2026 · 07:01

Pacific Ridge’s Tsay Keh Dene agreement secures BC copper-gold assets while drill assays remain pending.

Drill Results Sep 24, 2026 · 07:01

Pacific Ridge reports 300 metres of visual RDP sulphide mineralisation, while its porphyry-centre test failed to yield assay results.

Drill Results Aug 17, 2026 · 07:01

Pacific Ridge begins drilling at the Kliyul M39 target as part of its announced 2026 exploration plan.

Drill Results Aug 07, 2026 · 11:26

Pacific Ridge begins drilling at its BC copper-gold assets following Minsur’s $8.5 million capital raise to fund exploration activities.

Drill Results Jul 16, 2026 · 07:31

Pacific Ridge advances drilling plans at its BC copper-gold project following a strategic financing round.

Drill Results Jul 02, 2026 · 17:01

Pacific Ridge faces potential M&A after Minsur exercises its right of first refusal on the RDP project.

Financings