Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Pacific Ridge Signs Exploration Agreements with Takla Nation for Kliyul and RDP

Pacific Ridge Shores Up BC Asset Path With First Nation Pact After Exploration Success

Executive Summary

On December 16, 2025, Pacific Ridge announced it has signed Exploration Agreements with the Takla Nation for its two core copper-gold projects in British Columbia, Kliyul and RDP. The company states these agreements establish a mutually beneficial relationship focused on communication and collaboration, providing certainty for the advancement of both projects. The news release also reiterates the Kliyul project's initial inferred mineral resource estimate (334.1 Mt at 0.33% CuEq) and highlights recent successful drill results from the RDP project.

Material Impact

This agreement with the Takla Nation is a material and positive development. In British Columbia, securing formal agreements and maintaining a positive relationship with First Nations is a critical, non-negotiable step for any mineral project to advance towards permitting and potential development. This news significantly de-risks both the Kliyul and RDP projects from a social and political standpoint, removing a major potential obstacle and source of uncertainty for investors.

The announcement comes on the heels of a highly successful second half of 2025 for Pacific Ridge, which included: - An initial Mineral Resource Estimate (MRE) for Kliyul (August 2025). - A successful, oversubscribed financing of $4.65 million (September 2025). - High-grade, expansionary drill results at RDP (October 2025). - Some of the best-ever drill results from Kliyul, expanding the resource footprint (November 2025).

This latest news adds a crucial layer of social license to the technical and financial progress made. It makes the company's assets more attractive to potential joint venture partners, which has been a stated goal for the flagship Kliyul project.

This period of successful execution is in stark contrast to the first half of 2025, which saw a chaotic strategic pivot where the company announced an option on a portfolio of US projects and a related financing (January), only to cancel the entire initiative a month later (February), citing a refocus on B.C. The involvement of the Fiore Group and the appointment of new strategic advisors in June appears to have marked a turning point, leading to a more focused and well-executed strategy that is now bearing fruit.

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Company Overview

Pacific Ridge Exploration is a Canadian junior exploration company focused on discovering and developing copper-gold porphyry deposits in British Columbia.

The company's flagship asset is the 100%-owned Kliyul project, located in the Quesnel Terrane. In August 2025, the company announced a maiden Inferred Mineral Resource Estimate of 334.1 million tonnes grading 0.33% copper equivalent (CuEq), containing 1.11 billion pounds of copper and 2.74 million ounces of gold. The deposit remains open for expansion.

The company's secondary focus is the 100%-owned RDP project, which has demonstrated potential for high-grade copper-gold mineralization, with recent drill intercepts returning grades comparable to or better than its significant 2022 discovery hole.

Read the original news release →

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