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

Corporate Updates

Pacific Ridge Signs Exploration Agreements

with Takla Nation for Kliyul and RDP

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Pacific Ridge Exploration Ltd.

(TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) ("Pacific Ridge" or the "Company") is pleased to

announce that it has entered into Exploration Agreements (the "Agreements") with Takla Nation ("Takla")

for the Kliyul copper-gold project ("Kliyul") and the RDP copper-gold project ("RDP"), both located in

Northcentral B.C. (see Figure 1).

The Agreements establish a mutually beneficial and cooperative relationship whereby communication

and collaboration between Takla and Pacific Ridge are key factors, providing the parties certainty in

their relationship throughout the advancement of Kliyul and RDP.

Figure 1

Location of Kliyul and RDP

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5460/278116_b5114ca01490aa21_001full.jpg

About Kliyul

100% owned by Pacific Ridge, Kliyul is located in the prolific Quesnel Terrane close to existing

infrastructure. The Kliyul Main Zone ("KMZ") hosts 334.1 million tonnes ("Mt") grading 0.33% copper

equivalent ("CuEq")*, 0.15% copper, 0.26 g/t gold, and 0.95 g/t silver, or 2.42 billion pounds CuEq*,

which includes 1.11 billion pounds of copper, 2.74 million ounces of gold and 10.22 million ounces of

silver, in the Inferred Mineral Resource category (see news release dated September 18, 2025) and

remains open for expansion. KMZ is just one target area along an underexplored 6-km long mineralized

trend (see Figure 2).

Figure 2

Kliyul Target Areas

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5460/278116_b5114ca01490aa21_002full.jpg

About RDP

100% owned by the Company, RDP is located in B.C.'s Golden Horseshoe at the southern end of the

Toodoggone district, 40km west of Pacific Ridge's flagship Kliyul. In 2025, the Company completed five

drill holes at the Day target (see Figure 3) with drill hole RDP-25-011 returning 112.2m of 1.35% CuEq*

(0.76% copper, 0.86 g/t gold, and 3.16 g/t Ag) within 405.0 m of 0.71% CuEq* (0.44% copper, 0.38 g/t

Au and 1.87 g/t silver) (see news release dated October 16, 2025). This is the best intercept ever

recorded at RDP, surpassing the previous best intercept of 107.2 m of 1.39% CuEq* (0.63% copper,

1.10 g/t gold, and 2.91 g/t silver) within 497.2m of 0.66% CuEq* (0.37%Cu, 0.40 g/t Au, 1.60 g/t Ag),

which was returned in drill hole RDP-22-005 (see news release dated October 25, 2022).

Figure 3

RDP

Target Areas

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5460/278116_b5114ca01490aa21_003full.jpg

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 September 18, 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:

[email protected]

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

*C

uEq = ((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.

The technical information contained within this News Release has been prepared under the

supervision of, and reviewed and approved by. Danette Schwab, P.Geo., Vice President Exploration of

the Company, and a Qualified Person as defined by National Instrument 43-101 – Standards of

Disclosure for Mineral Projects.

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/278116