Pacific Ridge Grants Stock Options
Pacific Ridge Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Pacific Ridge Exploration Ltd.
(TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) ("Pacific Ridge" or the "Company") has granted
1,850,000 incentive stock options ("stock options") to various directors, officers, advisors, and
consultants. The stock options are exercisable at a price of CAD$0.25 for a period of five years. The
stock options are subject to the terms and conditions of Pacific Ridge's stock option plan and the
policies of the TSX Venture Exchange.
About Pacific Ridge
A Fiore Group company, Pacific Ridge's goal is to become British Columbia's leading copper
exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to
existing infrastructure, is the Company's flagship project. The Kliyul Main Zone, just one target area at
Kliyul, hosts 334.1 million tonnes
grading 0.33% CuEq*(0.15% copper, 0.26 g/t gold, and 0.95 g/t silver)
in the Inferred Mineral Resource category (see news release dated August 6, 2025). In addition to Kliyul,
the Company's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project,
the Onjo copper-gold project, and the Redton copper-gold project, all located in B.C. Pacific Ridge
would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded
territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay
Keh Dene Nation.
On behalf of the Board of Directors,
"Blaine Monaghan"
Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.
Investor Relations:
Tel: (604) 687-4951
Email:
Website:
www.pacificridgeexploration.com
News Sign up:
https://pacificridgeexploration.com/contact/subscribe/
LinkedIn:
https://www.linkedin.com/company/pacific-ridge-exploration-ltd-pex-/
Twitter:
https://twitter.com/PacRidge_PEX
*CuEq = ((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) + (Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Cu x 22.0462).
Commodity prices:
$Cu = US$4.60/lb, $Au = US$2,600/oz., and Ag = US$30.00/oz.
There has been no metallurgical recovery testing on Kliyul mineralization.
The Company estimates copper recoveries (CuR) of 80%, gold recoveries (AuR) of 60%, and silver recoveries (AgR) of 60%
Factors: 22.0462 = Cu% to lbs per tonne, 0.032151 = Au g/t to troy oz per tonne, and 0.032151 = Ag g/t to troy oz per tonne.
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.
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,
which address exploration drilling and other activities and events or developments that Pacific Ridge
Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/276376