Pacific Ridge Exploration – Copper & Gold Exploration in BC: Kliyul Maidan Resource & Upcoming Drill Results At RDP
In this company update, I welcome back Blaine Monaghan, President & CEO of Pacific Ridge Exploration (TSX.V:PEX - OTCQB:PEXZF). The company is advancing its 100%-owned copper-gold projects in British Columbia’s Toodoggone District, with a focus on the Kliyul and RDP Projects.
Key discussion points:
- Kliyul Copper-Gold Project:
- Maiden resource (Aug 2025): 334M tonnes grading 0.33% CuEq, or 2.42B lbs CuEq (includes 1.1B lbs copper, 2.7M oz gold, 10M oz silver).
- Resource remains open in multiple directions.
- RDP Project:
- 2022 Antofagasta drill hole returned 107m of 1.39% CuEq, one of BC’s best intervals that year.
- Pacific Ridge has now completed 5 additional holes (~2,100m), with results expected in the coming weeks.
- Valuation vs. peers: Pacific Ridge trades at ~$14M market cap. Baline makes the comparison to peers such as Vizsla Copper, Kodiak Copper, and NorthWest Copper who all are at higher valuations.
- Next catalysts:
- Initial RDP drill results expected mid-October, followed by Kliyul results in November.
- Exploration strategy includes continued infill, step-outs, and testing new targets across both projects.
- Treasury (~C$2.5M cash + 4M in-the-money warrants).
Click here to visit the Pacific Ridge Exploration website.
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