Pacific Ridge Completes Field Work on Kliyul Gold-Copper Porphyry Project

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Vancouver, B.C. – September 24, 2020 – Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (“Pacific Ridge” or the “Company”) reports that a two week field program has been completed on its Kliyul gold-copper porphyry project, located in central British Columbia, 5 km from the Omineca Mine Road and powerline and 70 km south of the Kemess mine site. The purpose of the program is to extend the depth of investigation of the chargeability and resistivity response related to the Kliyul mineralization as well as to define vectors to mineralization for a major drill test of priority Au-Cu targets planned for 2021. The program included 9.1 line km of IP and ground magnetometer surveying over the Kliyul Main Zone, surface and drill core sampling to identify alteration and geochemical vectors and historical core re-logging to identify porphyry-style veining. Fifty-two surface samples were collected for spectral and trace element analyses from outcrop and felsenmeer over the Kliyul Zone. One-hundred and seventeen samples were collected from drill core for spectral analysis and trace element analysis. Results of the program will be announced when all results from the program have been received and evaluated.

The program was managed by Equity Exploration Consultants Ltd. and the IP survey was carried out by Scott Geophysics Ltd. For further information on the Kliyul project, please see www.pacificridgeexploration.com/projects/kliyul-british-columbia/.

About Pacific Ridge

Pacific Ridge is a well-financed junior exploration company that has assembled a portfolio of highly prospective gold and base metal projects located in the Yukon and British Columbia, where its board and management team have a track record of success. Its holdings include the new Kliyul and Redton copper-gold porphyry projects in north-central British Columbia, the Mariposa, Eureka Dome and Gold Cap gold exploration projects in the Klondike-White Gold District, Fyre Lake Cu-Au-Co massive sulphide deposit in the Finlayson District and the Spius Cu-Mo porphyry prospect in southern British Columbia.

On behalf of the Board of Directors,
“Gerald G. Carlson”
Gerald G. Carlson
President & CEO
Pacific Ridge Exploration Ltd.

For further information, contact:
Pacific Ridge Exploration Ltd.
Gerald G. Carlson
President & CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com

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