Pacific Ridge Intersects 112.2 m of 1.35% Copper Equivalent or 2.02 g/t Gold Equivalent at the RDP Copper-Gold Project

On October 16, 2025, Pacific Ridge announced initial assay results from its 2025 drill program at the RDP copper-gold project in British Columbia. The highlight was drill hole RDP-25-011, which intersected 112.2 metres of 1.35% copper equivalent (CuEq) or 2.02 g/t gold equivalent (AuEq) starting from near-surface (4.8 m). This high-grade interval was part of a much broader zone of 405.0 metres grading 0.71% CuEq.

The company stated this is the best CuEq intercept ever recorded at RDP, surpassing the significant discovery hole RDP-22-005 from 2022. The 2025 drill program, consisting of five holes totaling 2,156 metres, successfully met its objectives of following up on the 2022 discovery, confirming the geometry of mineralization, and testing a new magnetic target. Assay results for three other drill holes (RDP-25-012, RDP-25-013, and RDP-25-014) are still pending.

This news is highly material and positive for Pacific Ridge. The historical context is critical: the market has been waiting to see if the spectacular 2022 discovery hole at RDP (RDP-22-005: 107.2 m of 1.39% CuEq) was a one-off success or indicative of a larger high-grade system. These new results from RDP-25-011 not only replicate but arguably improve upon the 2022 discovery by demonstrating a very high-grade core right from surface within a wide mineralized envelope.

The progression of news in 2025 shows a company successfully executing on its exploration plans. After establishing a large, lower-grade maiden resource at its Kliyul project in August, the company has now significantly advanced RDP, its second key asset. This result validates the geological model for RDP, de-risks the project, and justifies the C$4.65 million financing completed in September.

From a critical perspective, a few points must be considered: 1. High Metal Price Assumptions: The CuEq calculation uses bullish metal prices (US$4.60/lb Cu, US$2600/oz Au, US$30/oz Ag). While commodity prices are strong, these figures are optimistic and inflate the equivalent grades. 2. No Metallurgical Data: The company explicitly states that no metallurgical recovery testing has been performed on RDP mineralization. The recoveries used in the calculation (80% Cu, 60% Au, 60% Ag) are estimates based on regional deposits. This is a major unknown and a significant risk; poor actual recoveries could severely impair the project's future economics.

Despite these caveats, the headline grades and widths are strong enough to be impactful even with more conservative assumptions. The news firmly establishes RDP as a second, high-grade flagship project alongside the bulk-tonnage potential at Kliyul. For a junior explorer with a sub-$20M market cap, this is a significant value-driving event that should attract further market attention, especially with results from three more holes pending.

Pacific Ridge Exploration is a Canadian junior mineral exploration company focused on copper-gold porphyry projects in British Columbia. The company has two primary assets: 1. Kliyul Project (Flagship): A 100%-owned, large-scale porphyry system. In August 2025, the company announced a maiden Inferred Mineral Resource Estimate of 334.1 million tonnes grading 0.33% CuEq. It is characterized as a large, lower-grade system with significant expansion potential. 2. RDP Project: A 100%-owned project located 40 km west of Kliyul. It is emerging as a second flagship project, characterized by high-grade, near-surface porphyry copper-gold mineralization, as demonstrated by exceptional drill results in 2022 and again in this most recent news release. All of the company's key properties are subject to Net Smelter Return (NSR) royalties, most with options to be bought down.