- Pacific Ridge Exploration (TSXV: PEX) has begun exploration at its RDP copper-gold project in British Columbia
- The RDP project is 40 kilometres west of the company’s flagship Kliyul copper-gold project
- The 2023 exploration program will include 1,800 metres of diamond drilling
- Shares of Pacific Ridge Exploration are down 1.85 per cent to C$0.27 as of 9:38 a.m. ET
Pacific Ridge Exploration (TSXV: PEX) has begun exploration at its RDP copper-gold project in British Columbia.
In a news release, the company said its 2023 exploration program will include 1,800 metres of diamond drilling and a 16 line-kilometre survey at three of its targets, including Day, Porcupine and Bird.
Additionally, rock sampling will take place at the Porcupine target and soil sampling will take place at the Bird target.
“The results from the 2022 drill program at RDP far exceeded our expectations,” Blaine Monaghan, CEO of Pacific Ridge Exploration, said in a statement. “We intersected 107.2 metres of 1.45 per cent copper equivalent at the Day Target. Not only was this the best drill result ever returned from RDP, but it was also one of the best porphyry intercepts reported in B.C. last year.”
The RDP project spans more than 10,000 hectares and contains several porphyry copper-gold targets – Roy, Day, Porcupine and Bird – that have been periodically explored since the early 1970s.
Pacific Ridge Exploration’s flagship project is its 100 per cent owned Kliyul copper-gold project in the Quesnel Trough close to existing infrastructure. In addition to Kliyul and the RDP project, the company’s project portfolio includes the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in B.C.
Shares of Pacific Ridge Exploration are down 1.85 per cent to C$0.27 as of 9:38 a.m. ET.
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