Pacific Ridge Intersects 154.7 m of 0.63% Copper Equivalent or 0.94 g/t Gold Equivalent; Expands Mineralization 270 m to the Northwest
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The October 23, 2025 news release reports the final assay results from the 2025 drill program at the Day Target on its 100% owned RDP copper-gold project in British Columbia. The release highlights drill hole RDP-25-012, which intersected 154.7 metres of 0.63% copper equivalent (CuEq) or 0.94 g/t gold equivalent (AuEq), consisting of 0.42% copper, 0.29 g/t gold, and 1.95 g/t silver. This intercept expands the known porphyry mineralization by approximately 270 metres to the northwest. Results for two other holes, RDP-25-013 and RDP-25-014, returned lower-grade, but long intercepts of copper-gold mineralization. The CEO, Blaine Monaghan, stated that "RDP keeps delivering" and noted the similarity in mineralization style to nearby major deposits like Red Chris and Saddle North.
The news is Routine - Positive. While it successfully expands the known mineralized footprint at the RDP project, which is a key exploration goal, the grades are considerably lower than those announced in the previous news release on October 16, 2025.
- Positive: The main highlight, hole RDP-25-012, demonstrates continuity and significant expansion of the mineralized system (270 m to the northwest). This is crucial for building potential tonnage. The intercept of 154.7 m is long and the grade of 0.63% CuEq is respectable.
- Context: The prior release (Oct 16) featured hole RDP-25-011 with an intercept of 112.2 m of 1.35% CuEq, which was hailed as the "best ever recorded at RDP". The latest results, while positive for expansion, do not carry the same high-grade impact and may temper market excitement following the previous blockbuster result.
- Execution: The company has successfully completed its 2025 RDP drill program, achieving its stated goals of following up on a 2022 discovery hole, confirming the geometry of the mineralized body, and testing a new area. This demonstrates competent execution.
The news confirms that RDP is a large, mineralized system. However, the market had already priced in significant success after the spectacular October 16 results, which drove the stock to its 52-week high. This follow-up news is solid confirmation but lacks the "wow" factor of the previous release and is therefore unlikely to be a major new catalyst on its own. It is a necessary and positive step in advancing the project.
Pacific Ridge Exploration Ltd. is a Canadian-based mineral exploration company focused on copper-gold porphyry projects in British Columbia.
The company has two primary projects: 1. Kliyul (Flagship Project): A 100%-owned, >90 sq km copper-gold project in the Quesnel Terrane. On August 5, 2025, the company announced an initial NI 43-101 Inferred Mineral Resource Estimate for the Kliyul Main Zone (KMZ) of 334.1 million tonnes at 0.33% CuEq. The company has spent over $15 million on the project since 2020 and believes the deposit remains open for significant expansion. The company is actively seeking a joint venture partner for Kliyul. 2. RDP: A 100%-owned copper-gold project located 40 km west of Kliyul. Exploration is focused on the Day Target, where a 2022 discovery hole (RDP-22-005) returned one of BC's best porphyry intercepts. The 2025 drill program was designed to follow up on this success, and results announced in October 2025 have been very strong, including the best intercept ever recorded at the project and significant expansion of mineralization.
The company underwent a strategic pivot in early 2025, abandoning plans to acquire US assets to refocus on its core BC portfolio. It also completed a 1-for-10 share consolidation in January 2025.