Pacific Ridge Announces Drilling Plans for the Kliyul and RDP Copper-Gold Projects
Pacific Ridge advances drilling plans at its BC copper-gold project following a strategic financing round.
Pacific Ridge Exploration Ltd. has announced its 2026 exploration plans for its 100% owned Kliyul and RDP copper-gold projects in British Columbia. The company confirmed the execution of the exploration program previously funded by the C$8.46M private placement closed on July 2, 2026. Drilling is expected to commence by the end of July 2026.
At the Kliul project, the company plans a 2,500-meter program focused on the untested M39 target, referencing an Inferred Mineral Resource of 2.42 billion pounds CuEq. At the RDP project, a 3,000-meter program will target the interpreted porphyry center and define the western magnetic lobe, building on 2025 results that included 112.2m of 1.35% CuEq.
Pacific Ridge Exploration Ltd. (PEX) has taken a routine execution step following the completion of its financing and the strategic partnership with Minsur. The announcement confirms management's commitment to advancing the company's flagship projects but introduces no new geological data, financial terms, or unexpected catalysts.
The market likely priced in the drilling plans given the June/July financing announcements and the strategic agreements with Minsur.
Pacific Ridge Exploration Ltd. (PEX) is a pre-revenue exploration-stage junior focused on copper-gold projects in British Columbia and the Yukon. The company’s flagship assets include the Kliyul project, which holds an Inferred Resource of 334.1Mt @ 0.33% CuEq, and the RDP project, a day target featuring a historic 112.2m @ 1.35% CuEq intercept. Both projects are 100% owned and located in Tier-1 jurisdictions with proximity to infrastructure. Recently, the company optioned its Yukon gold projects to Labrador Gold Corp. to focus capital on its BC copper-gold assets.