ZTEM Survey Results Provide Vector to Porphyry Centre and New Targets at Pacific Ridge's Kliyul Copper-Gold Project

Core Insights - Pacific Ridge Exploration Ltd. announced positive results from an airborne Z-Axis Tipper Electromagnetic (ZTEM) survey at the Kliyul copper-gold project, enhancing confidence in the mineralization potential of the site [3][4][8]. Group 1: Survey Results - The ZTEM survey covered 541 line-kilometres, representing 85% of the Kliyul project area [4]. - The survey results indicate a potentially mineralized 700 m NNE-trending corridor, known as the KMZ-Klip Corridor, which may be associated with a significant magnetic and resistivity high anomaly [5][22]. - The results will be utilized for 3-D modeling and to define future drilling targets by integrating geological and geophysical data [6][20]. Group 2: Drilling Program - The final drill hole of the 2023 exploration program, KLI-23-069, intersected a mineralized quartz diorite porphyry stock, providing a vector for a higher-grade porphyry center at KMZ [3][14]. - The known mineralized extents of KMZ have increased significantly, now measuring approximately 760 m E-W, 600 m N-S, and 650 m vertical depth [10][25]. - Notable drilling results include 45.0 m of 0.58% copper equivalent and 0.86 g/t gold equivalent from KLI-23-069, marking the deepest mineralized interval encountered at Kliyul [14]. Group 3: Project Overview - The Kliyul project spans over 90 km² and is located in the Quesnel terrane, close to existing infrastructure, including the Omineca Resource Road and a high-voltage power line [9][25]. - Since 2020, the company has invested approximately $14 million in exploration at Kliyul and acquired a 100% interest in the project in 2023 [9][25]. - The project is situated in the traditional territory of the Takla Nation and Tsay Keh Dene Nation, with exploration agreements in place [15].