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PEX.V ·

Pacific Ridge Announces Technical Advisor Appointment

Management Changes

Pacific Ridge Announces Technical Advisor Appointment

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2018) -

Pacific Ridge Exploration Ltd. (TSXV: PEX) ("Pacific

Ridge" or the "Company") announces that Dr. Craig Hart has been appointed Technical Advisor to the Company. Dr. Hart is

currently the Director of MDRU-Mineral Deposit Research Unit at The University of British Columbia (UBC) where he initiates

and facilitates a wide range of mineral exploration industry-sponsored research projects focused on gold and porphyry systems,

regional metallogeny and exploration methods, and trains graduate students to excel in the mineral exploration industry.

He was

previously a Senior Research Fellow at the Centre for Exploration Targeting at the University of Western Australia (UWA) in

Perth, Australia where he pursued research on the gold metallogeny of China and Mongolia.

Most of his early career was with

the Yukon Geological Survey where he undertook regional mapping and metallogenic evaluations in the northern Cordillera.

As a

UBC faculty member since 2009, he has contributed the training and successful completion of more than 40 MSc and PhD

students, and 20 Post-Doctoral Fellows and Research Associates.

He was awarded the Boldy Award in 2005 by the Geological

Association of Canada for best presentation, was the 2010 Society of Exploration Geologists Distinguished Lecturer, and was

the winner of the Audience Choice Award and a top 5 finisher of the Integra Gold Rush Challenge in 2016.

Gerry Carlson, Pacific Ridge President and CEO, stated:

"I am pleased to welcome Craig to our technical team, where he will

provide advice to the Company to assist in its growth, particularly in the areas of exploration and acquisition strategy, project

evaluation, exploration program planning, execution and interpretation."

About Pacific Ridge

Pacific Ridge has assembled a portfolio of highly-prospective gold and base metal projects located in the Yukon and British

Columbia, where its board and management team have a track record of success. Its holdings include the

Mariposa

,

Eureka

Dome

and

Gold

Cap

gold exploration projects in the Klondike-White Gold District,

RC Gold

in the Tintina Gold Belt,

Fyre Lake

in the Finlayson District and

Spius

Cu-Mo-Au porphyry and

TL Zinc

in southern British Columbia.

On behalf of the Board of Directors,

"

Gerald G. Carlson

"

Gerald G. Carlson

President & CEO

Pacific Ridge Exploration Ltd.

For further information, contact:

Pacific Ridge Exploration Ltd.

Gerald G. Carlson

President & CEO

Tel: (604) 687-4951

www.pacificridgeexploration.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The technical information contained within this News Release has been reviewed and approved by

Gerald G. Carlson

,

Ph.D.,

P.Eng.

, President

and CEO

of Pacific Ridge and Qualified Person as defined by National Instrument 43-101 policy.

Forward-Looking Information:

This release includes certain statements that may be deemed "forward-looking statements".

All statements in this release, other than statements of historical facts, that address exploration drilling and other activities

and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking

statements. Forward-looking statements in this news release include statements regarding the

exercise of the options

and

future exploration plans and expenditures. Although Pacific Ridge believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and

actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual

results to differ materially from those in forward looking statements include market prices, exploration successes, and

continued availability of capital and financing and general economic, market or business conditions. These statements are

based on a number of assumptions including, among other things, assumptions regarding general business and economic

conditions,

that one of the options will be exercised

, the ability of Pacific Ridge and other parties to satisfy stock exchange

and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on

reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are

cautioned that any such statements are not guarantees of future performance and actual results or developments may differ

materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or

revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by

applicable law.