{"success":true,"data":{"pressRelease":{"id":"164051","rtpr_id":"nNFC23VkjW-20261008","ticker":"PEX","exchange":"","all_tickers":["PEX"],"title":"Pacific Ridge Signs Exploration Agreements with Tsay Keh Dene Nation for the Kliyul and RDP Copper-Gold Projects","author":"Newsfile Corp","published_at":"2026-10-08T11:00:34.378Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - Pacific\nRidge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) (\"Pacific Ridge\"\nor the \"Company\") is pleased to announce that it has entered into Exploration\nAgreements (the \"Agreements\") with Tsay Keh Dene Nation (\"TKD\") for the Kliyul\ncopper-gold project (\"Kliyul\") and the RDP copper-gold project (\"RDP\"), both\nlocated in Northcentral B.C. (see Figure 1).\n\nThe Agreements establish a mutually beneficial and cooperative relationship\nwhereby communication and collaboration between TKD and Pacific Ridge are key\nfactors, providing the parties certainty in their relationship throughout the\nadvancement of Kliyul and RDP copper-gold projects.\n\n\"Building enduring, respectful relationships with First Nations is\nfoundational to our vision of becoming British Columbia's leading copper\nexploration company,\" said Blaine Monaghan, President and CEO of Pacific\nRidge. \"These Agreements reflect our commitment to environmental stewardship,\ntransparent communication, and collaborative engagement. They establish a\nstrong framework for responsibly advancing the Kliyul and RDP copper-gold\nprojects while providing greater certainty and confidence for both Tsay Keh\nDene Nation and our shareholders.\"\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz1.jpg)\n\nFigure 1\n\nLocation of Kliyul and RDP\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz1.jpg\n\nAbout Kliyul\n\nOwned 100% by Pacific Ridge, Kliyul is over 90 km2 in size and is located in\nthe prolific Quesnel terrane close to existing infrastructure, approximately\neight km to the Omineca resource road and a 230-kilovolt high-voltage power\nline. The Kliyul Main Zone (\"KMZ\") hosts 334.1 million tonnes (\"Mt\") grading\n0.33% CuEq (0.15% copper, 0.26 g/t gold, and 0.95 g/t silver) (see Table 1) or\n386 Mt grading 0.459 g/t AuEq (0.236 g/t gold, 0.142% copper, and 0.911 g/t\nsilver) (see Table 2) in the Inferred Mineral Resource category and remains\nopen for expansion.\n\nIn addition to KMZ, multiple untested targets remain along a six-kilometre\nporphyry copper-gold trend characterized by favourable geology, geochemistry,\nalteration, and geophysical signatures, including the M39 target area (see\nFigure 2). M39 is associated with a one-km long copper and gold soil anomaly.\nThe target hosts monzonite dykes, magnetite skarn, sodic alteration, and\nchalcopyrite mineralized quartz veins as well as two circular magnetic\nanomalies. The Company completed four diamond drill holes, totaling 1,524 m,\nat M39 this year. Results will be reported when the assays are received,\nreviewed and interpreted.\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz2.jpg)\n\nFigure 2\n\nKliyul Target Areas\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz2.jpg\n\nTable 1\n\nKMZ MRE (CuEq)\n\n Cutoff  (CuEq%)  Tonnes       CuEq%  Cu%   Au g/t  Ag g/t  CuEq Mlbs  Cu Mlbs  Au Oz      Ag Oz       \n 0.15             383,300,000  0.31   0.14  0.24    0.91    2,615      1,212    2,920,000  11,270,000  \n 0.20             334,100,000  0.33   0.15  0.26    0.95    2,422      1,110    2,740,000  10,220,000  \n 0.25             239,200,000  0.37   0.16  0.30    1.04    1,950      861      2,280,000  7,980,000   \n\n \n\nTable 2\n\nKMZ MRE (AuEq)\n\n Cut off  (AuEq g/t)  Tonnes Mt  AuEq g/t  Au g/t  Cu %   Ag g/t  AuEq Moz  Au Moz  Cu Mlbs  Ag Moz  \n 0.15                 389.9      0.456     0.234   0.142  0.908   5.7       3.0     1,218    11.4    \n 0.20                 386.0      0.459     0.236   0.142  0.911   5.7       3.0     1,212    11.4    \n 0.25                 368.0      0.470     0.242   0.146  0.924   5.6       2.9     1,181    10.9    \n\n \n\nNotes for Tables 1 and 2\n1. The effective date of the Mineral Resource estimate is July 31, 2025.\n2. The Mineral Resource was estimated using the Canadian Institute of Mining,\nMetallurgy and Petroleum(CIM), Definition Standards for Mineral Resources and\nReserves, as prepared by the CIM Standing Committee and adopted by CIM\nCouncil.\n3. There has been no metallurgical testing on Kliyul mineralization. The\nCompany estimates copper recoveries (CuR) of 80%, gold recoveries (AuR) of\n65%, and silver recoveries (AgR) of 65% based on the reported recoveries from\nMount Milligan.\n4. The mineral resource is constrained within a pit shell using metal\nrecoveries of Cu 80%, Au 65% and Ag 65%, an exchange rate of 1.30 CAD: USD,\nmining cost of C$3.5/t, process cost of C$7.0/t, G&A costs of C$3.0/t, pit\nslopes of 45 degrees and metal prices of $Cu = US$4.60/lb, $Au = US$2,600/oz.,\nAg = US$30.00/oz. A fixed bulk density of 2.77 t/m3 was used for the\nestimation of tonnes.\n5. CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).\n6. AuEq = Au + (1.4929 x Cu) + (0.0115 x Ag).\n7. Factors: 22.0462 = Cu% to lbs per tonne, 0.032151 = Au g/t to troy oz per\ntonne, and 0.032151 = Ag g/t to troy oz per tonne.\n8. The CIM definitions were followed for the classification of Inferred\nMineral Resources. inferred blocks were assigned for blocks with one drill\nhole within 150 m.\n9. Mineral Resources are not Mineral Reserves do not have demonstrated\neconomic viability. There is no certainty that all or any part of the mineral\nresources will be converted into mineral reserves in the future. The MRE may\nbe materially affected by considerations including, but not limited to,\npermitting, legal, sociopolitical, environmental issues, market conditions or\nother factors.\n10. All figures are rounded to reflect the relative accuracy of the estimate.\nTotals may not sum due to rounding as required by reporting guidelines.\n11. See \"NI-43-101 Technical Report: Mineral Resource Estimate for the Kliyul\nProject, Omineca Mining Division, British Columbia \"prepared by Susan Lomas.,\nP.Geo., Lions Gate Consulting Inc., Dr. Bruce Davis, PhD, FAusIMM, and Dr. Ron\nVoordouw, PhD. P. Geo for Pacific Ridge Exploration Ltd. completed September\n18, 2025.\nAbout RDP\n\nOwned 100% by Pacific Ridge, RDP is over 100 km(2) in size and is located in\nthe Golden Horseshoe at the southern end of the Toodoggone district, one of\nCanada's hottest exploration districts. The Company completed 3,010 m of\ndrilling in five holes at the Day target this year (see Figure 3 and 4)\n\nDrill holes RDP-26-017, RDP-26-018, and RDP-26-019, totalling 1,958 m, tested\nthe western magnetic lobe and followed up on drill hole RDP-25-014, which\nreturned 130.8 m of 0.47% CuEq* or 0.70 g/t AuEq** (0.30%, 0.24 g/t Au or 1.34\ng/t Ag) (see news release dated October 23, 2025) from a vertical depth of\napproximately 450m.\n\nThese drill holes confirmed continuous copper-sulphide mineralization\n(chalcopyrite +/- bornite) from vertical depths of approximately 170m over\nlengths greater than 300 m (see Figure 5). Further, the results indicate that\nporphyry mineralization in the western magnetic lobe is not directly\ncorrelated with airborne magnetic vector inversion highs and that magnetic\ngradients and lows may also host mineralization, broadening the exploration\nsearch space at Day. Results will be reported when the assays are received,\nreviewed and interpreted.\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz3.jpg)\n\nFigure 3\n\nRDP Target Areas\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz3.jpg\n\n(https://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_004full.jpg)\n\nFigure 4\n\nDay Target Area on Aeromagnetic Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_004full.jpg\n\n(https://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_005full.jpg)\n\nFigure 5\n\nDrill Core Photos from the Day 2026 Drill Program\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_005full.jpg\n\nAbout Pacific Ridge\n\nA Fiore Group company, Pacific Ridge's goal is to become British Columbia's\nleading copper exploration company. The Kliyul copper-gold project, located in\nthe prolific Quesnel terrane close to existing infrastructure, is the\nCompany's flagship project. In addition to Kliyul, Pacific Ridge's project\nportfolio includes the RDP copper-gold project, the Onjo copper-gold project,\nand the Redton copper-gold project, all located in B.C. The Company would like\nto acknowledge that its B.C. projects are in the traditional, ancestral and\nunceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli\nWhut'en, Takla Nation, and Tsay Keh Dene Nation.\n\nOn behalf of the Board of Directors,\n\n\"Blaine Monaghan\"\n\nBlaine Monaghan\nPresident & CEO\nPacific Ridge Exploration Ltd.\n\nInvestor Relations:\nTel: (604) 687-4951\nEmail: ir@pacificridgeexploration.com\nWebsite: www.pacificridgeexploration.com\nNews Sign up: https://pacificridgeexploration.com/contact/subscribe/\nLinkedIn: https://www.linkedin.com/company/pacific-ridge-exploration-ltd-pex-/\nTwitter: https://twitter.com/PacRidge_PEX\n\n*CuEq = CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).\n**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) +\n(Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Au x 0.032151).\nCommodity prices: $Cu = US$4.60/lb, $Au = US$2,600/oz., and Ag = US$30.00/oz.\nThere has been no metallurgical recovery testing completed on Kliyul or RDP\nmineralization.\nThe Company estimates copper recoveries (CuR) of 80%, gold recoveries (AuR) of\n60%, and silver recoveries (AgR) of 60%.\n\nThe technical information contained within this News Release has been prepared\nunder the supervision of, and reviewed and approved by. Danette Schwab,\nP.Geo., Vice President Exploration of the Company, and a Qualified Person as\ndefined by National Instrument 43-101 - Standards of Disclosure for Mineral\nProjects.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information: This release includes certain statements that may\nbe deemed \"forward-looking statements\". All statements in this release, other\nthan statements of historical facts, which address exploration drilling and\nother activities and events or developments that Pacific Ridge Exploration\nLtd. (\"Pacific Ridge\") expects to occur, are forward-looking statements.\nAlthough Pacific Ridge believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results or\ndevelopments may differ materially from those forward-looking statements.\nFactors that could cause actual results to differ materially from those in\nforward looking statements include market prices, exploration successes, and\ncontinued availability of capital and financing and general economic, market\nor business conditions. These statements are based on a number of assumptions\nincluding, among other things, assumptions regarding general business and\neconomic conditions, that one of the options will be exercised, the ability of\nPacific Ridge and other parties to satisfy stock exchange and other regulatory\nrequirements in a timely manner, the availability of financing for Pacific\nRidge's proposed programs on reasonable terms, and the ability of third party\nservice providers to deliver services in a timely manner. Investors are\ncautioned that any such statements are not guarantees of future performance\nand actual results or developments may differ materially from those projected\nin the forward-looking statements. Pacific Ridge does not assume any\nobligation to update or revise its forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\napplicable law.\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317954","article_body_html":"","raw_payload":{"data":{"id":"nNFC23VkjW-20261008","title":"Pacific Ridge Signs Exploration Agreements with Tsay Keh Dene Nation for the Kliyul and RDP Copper-Gold Projects","author":"Newsfile Corp","ticker":"PEX","created":"2026-10-08T11:00:34.378Z","tickers":["PEX"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - Pacific\nRidge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) (\"Pacific Ridge\"\nor the \"Company\") is pleased to announce that it has entered into Exploration\nAgreements (the \"Agreements\") with Tsay Keh Dene Nation (\"TKD\") for the Kliyul\ncopper-gold project (\"Kliyul\") and the RDP copper-gold project (\"RDP\"), both\nlocated in Northcentral B.C. (see Figure 1).\n\nThe Agreements establish a mutually beneficial and cooperative relationship\nwhereby communication and collaboration between TKD and Pacific Ridge are key\nfactors, providing the parties certainty in their relationship throughout the\nadvancement of Kliyul and RDP copper-gold projects.\n\n\"Building enduring, respectful relationships with First Nations is\nfoundational to our vision of becoming British Columbia's leading copper\nexploration company,\" said Blaine Monaghan, President and CEO of Pacific\nRidge. \"These Agreements reflect our commitment to environmental stewardship,\ntransparent communication, and collaborative engagement. They establish a\nstrong framework for responsibly advancing the Kliyul and RDP copper-gold\nprojects while providing greater certainty and confidence for both Tsay Keh\nDene Nation and our shareholders.\"\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz1.jpg)\n\nFigure 1\n\nLocation of Kliyul and RDP\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz1.jpg\n\nAbout Kliyul\n\nOwned 100% by Pacific Ridge, Kliyul is over 90 km2 in size and is located in\nthe prolific Quesnel terrane close to existing infrastructure, approximately\neight km to the Omineca resource road and a 230-kilovolt high-voltage power\nline. The Kliyul Main Zone (\"KMZ\") hosts 334.1 million tonnes (\"Mt\") grading\n0.33% CuEq (0.15% copper, 0.26 g/t gold, and 0.95 g/t silver) (see Table 1) or\n386 Mt grading 0.459 g/t AuEq (0.236 g/t gold, 0.142% copper, and 0.911 g/t\nsilver) (see Table 2) in the Inferred Mineral Resource category and remains\nopen for expansion.\n\nIn addition to KMZ, multiple untested targets remain along a six-kilometre\nporphyry copper-gold trend characterized by favourable geology, geochemistry,\nalteration, and geophysical signatures, including the M39 target area (see\nFigure 2). M39 is associated with a one-km long copper and gold soil anomaly.\nThe target hosts monzonite dykes, magnetite skarn, sodic alteration, and\nchalcopyrite mineralized quartz veins as well as two circular magnetic\nanomalies. The Company completed four diamond drill holes, totaling 1,524 m,\nat M39 this year. Results will be reported when the assays are received,\nreviewed and interpreted.\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz2.jpg)\n\nFigure 2\n\nKliyul Target Areas\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz2.jpg\n\nTable 1\n\nKMZ MRE (CuEq)\n\n Cutoff  (CuEq%)  Tonnes       CuEq%  Cu%   Au g/t  Ag g/t  CuEq Mlbs  Cu Mlbs  Au Oz      Ag Oz       \n 0.15             383,300,000  0.31   0.14  0.24    0.91    2,615      1,212    2,920,000  11,270,000  \n 0.20             334,100,000  0.33   0.15  0.26    0.95    2,422      1,110    2,740,000  10,220,000  \n 0.25             239,200,000  0.37   0.16  0.30    1.04    1,950      861      2,280,000  7,980,000   \n\n \n\nTable 2\n\nKMZ MRE (AuEq)\n\n Cut off  (AuEq g/t)  Tonnes Mt  AuEq g/t  Au g/t  Cu %   Ag g/t  AuEq Moz  Au Moz  Cu Mlbs  Ag Moz  \n 0.15                 389.9      0.456     0.234   0.142  0.908   5.7       3.0     1,218    11.4    \n 0.20                 386.0      0.459     0.236   0.142  0.911   5.7       3.0     1,212    11.4    \n 0.25                 368.0      0.470     0.242   0.146  0.924   5.6       2.9     1,181    10.9    \n\n \n\nNotes for Tables 1 and 2\n1. The effective date of the Mineral Resource estimate is July 31, 2025.\n2. The Mineral Resource was estimated using the Canadian Institute of Mining,\nMetallurgy and Petroleum(CIM), Definition Standards for Mineral Resources and\nReserves, as prepared by the CIM Standing Committee and adopted by CIM\nCouncil.\n3. There has been no metallurgical testing on Kliyul mineralization. The\nCompany estimates copper recoveries (CuR) of 80%, gold recoveries (AuR) of\n65%, and silver recoveries (AgR) of 65% based on the reported recoveries from\nMount Milligan.\n4. The mineral resource is constrained within a pit shell using metal\nrecoveries of Cu 80%, Au 65% and Ag 65%, an exchange rate of 1.30 CAD: USD,\nmining cost of C$3.5/t, process cost of C$7.0/t, G&A costs of C$3.0/t, pit\nslopes of 45 degrees and metal prices of $Cu = US$4.60/lb, $Au = US$2,600/oz.,\nAg = US$30.00/oz. A fixed bulk density of 2.77 t/m3 was used for the\nestimation of tonnes.\n5. CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).\n6. AuEq = Au + (1.4929 x Cu) + (0.0115 x Ag).\n7. Factors: 22.0462 = Cu% to lbs per tonne, 0.032151 = Au g/t to troy oz per\ntonne, and 0.032151 = Ag g/t to troy oz per tonne.\n8. The CIM definitions were followed for the classification of Inferred\nMineral Resources. inferred blocks were assigned for blocks with one drill\nhole within 150 m.\n9. Mineral Resources are not Mineral Reserves do not have demonstrated\neconomic viability. There is no certainty that all or any part of the mineral\nresources will be converted into mineral reserves in the future. The MRE may\nbe materially affected by considerations including, but not limited to,\npermitting, legal, sociopolitical, environmental issues, market conditions or\nother factors.\n10. All figures are rounded to reflect the relative accuracy of the estimate.\nTotals may not sum due to rounding as required by reporting guidelines.\n11. See \"NI-43-101 Technical Report: Mineral Resource Estimate for the Kliyul\nProject, Omineca Mining Division, British Columbia \"prepared by Susan Lomas.,\nP.Geo., Lions Gate Consulting Inc., Dr. Bruce Davis, PhD, FAusIMM, and Dr. Ron\nVoordouw, PhD. P. Geo for Pacific Ridge Exploration Ltd. completed September\n18, 2025.\nAbout RDP\n\nOwned 100% by Pacific Ridge, RDP is over 100 km(2) in size and is located in\nthe Golden Horseshoe at the southern end of the Toodoggone district, one of\nCanada's hottest exploration districts. The Company completed 3,010 m of\ndrilling in five holes at the Day target this year (see Figure 3 and 4)\n\nDrill holes RDP-26-017, RDP-26-018, and RDP-26-019, totalling 1,958 m, tested\nthe western magnetic lobe and followed up on drill hole RDP-25-014, which\nreturned 130.8 m of 0.47% CuEq* or 0.70 g/t AuEq** (0.30%, 0.24 g/t Au or 1.34\ng/t Ag) (see news release dated October 23, 2025) from a vertical depth of\napproximately 450m.\n\nThese drill holes confirmed continuous copper-sulphide mineralization\n(chalcopyrite +/- bornite) from vertical depths of approximately 170m over\nlengths greater than 300 m (see Figure 5). Further, the results indicate that\nporphyry mineralization in the western magnetic lobe is not directly\ncorrelated with airborne magnetic vector inversion highs and that magnetic\ngradients and lows may also host mineralization, broadening the exploration\nsearch space at Day. Results will be reported when the assays are received,\nreviewed and interpreted.\n\n(https://images.newsfilecorp.com/files/5460/317954_cruz3.jpg)\n\nFigure 3\n\nRDP Target Areas\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_cruz3.jpg\n\n(https://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_004full.jpg)\n\nFigure 4\n\nDay Target Area on Aeromagnetic Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_004full.jpg\n\n(https://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_005full.jpg)\n\nFigure 5\n\nDrill Core Photos from the Day 2026 Drill Program\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5460/317954_d3b2dfe8e461096a_005full.jpg\n\nAbout Pacific Ridge\n\nA Fiore Group company, Pacific Ridge's goal is to become British Columbia's\nleading copper exploration company. The Kliyul copper-gold project, located in\nthe prolific Quesnel terrane close to existing infrastructure, is the\nCompany's flagship project. In addition to Kliyul, Pacific Ridge's project\nportfolio includes the RDP copper-gold project, the Onjo copper-gold project,\nand the Redton copper-gold project, all located in B.C. The Company would like\nto acknowledge that its B.C. projects are in the traditional, ancestral and\nunceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli\nWhut'en, Takla Nation, and Tsay Keh Dene Nation.\n\nOn behalf of the Board of Directors,\n\n\"Blaine Monaghan\"\n\nBlaine Monaghan\nPresident & CEO\nPacific Ridge Exploration Ltd.\n\nInvestor Relations:\nTel: (604) 687-4951\nEmail: ir@pacificridgeexploration.com\nWebsite: www.pacificridgeexploration.com\nNews Sign up: https://pacificridgeexploration.com/contact/subscribe/\nLinkedIn: https://www.linkedin.com/company/pacific-ridge-exploration-ltd-pex-/\nTwitter: https://twitter.com/PacRidge_PEX\n\n*CuEq = CuEq = Cu% + (0.6697*Au g/t) + (0.0077*Ag g/t).\n**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) +\n(Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Au x 0.032151).\nCommodity prices: $Cu = US$4.60/lb, $Au = US$2,600/oz., and Ag = US$30.00/oz.\nThere has been no metallurgical recovery testing completed on Kliyul or RDP\nmineralization.\nThe Company estimates copper recoveries (CuR) of 80%, gold recoveries (AuR) of\n60%, and silver recoveries (AgR) of 60%.\n\nThe technical information contained within this News Release has been prepared\nunder the supervision of, and reviewed and approved by. Danette Schwab,\nP.Geo., Vice President Exploration of the Company, and a Qualified Person as\ndefined by National Instrument 43-101 - Standards of Disclosure for Mineral\nProjects.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information: This release includes certain statements that may\nbe deemed \"forward-looking statements\". All statements in this release, other\nthan statements of historical facts, which address exploration drilling and\nother activities and events or developments that Pacific Ridge Exploration\nLtd. (\"Pacific Ridge\") expects to occur, are forward-looking statements.\nAlthough Pacific Ridge believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results or\ndevelopments may differ materially from those forward-looking statements.\nFactors that could cause actual results to differ materially from those in\nforward looking statements include market prices, exploration successes, and\ncontinued availability of capital and financing and general economic, market\nor business conditions. These statements are based on a number of assumptions\nincluding, among other things, assumptions regarding general business and\neconomic conditions, that one of the options will be exercised, the ability of\nPacific Ridge and other parties to satisfy stock exchange and other regulatory\nrequirements in a timely manner, the availability of financing for Pacific\nRidge's proposed programs on reasonable terms, and the ability of third party\nservice providers to deliver services in a timely manner. Investors are\ncautioned that any such statements are not guarantees of future performance\nand actual results or developments may differ materially from those projected\nin the forward-looking statements. Pacific Ridge does not assume any\nobligation to update or revise its forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\napplicable law.\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317954"},"type":"article","timestamp":"2026-10-08T11:00:34.4366558Z","server_sent_at_ms":1791457234436},"received_at":"2026-10-08T11:00:34.487Z","source_url":"https://www.newsfilecorp.com/release/317954"},"analysis":{"id":"152488","press_release_id":"164051","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["Inferred resource not yet mineral reserves; no metallurgical testing completed on Kliyul or RDP mineralization","Assays from 2026 drilling at M39 and Day still pending"],"eventType":"operations_update","narrative":"Pacific Ridge Exploration signed Exploration Agreements with the Tsay Keh Dene Nation covering its Kliyul and RDP copper-gold projects in north-central British Columbia.\n\nThe agreements establish a cooperative framework for communication and collaboration, providing certainty for advancement of both projects; CEO Blaine Monaghan called First Nations relationships foundational to the company's goal of becoming B.C.'s leading copper explorer.\n\nThe Kliyul Main Zone hosts an Inferred Resource of 334.1 Mt at 0.33% CuEq, and 2026 drilling at both Kliyul's M39 target and RDP's Day target is complete with assays pending.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Social-license de-risking at Kliyul and RDP ahead of pending assay results."},"keyFigures":{"customDimensions":{"rdp_ownership":"100%","kliyul_ownership":"100%","m39_drilling_2026":"4 holes, 1,524 m","rdp_day_drilling_2026":"5 holes, 3,010 m","rdp_25_014_historical_hit":"130.8 m of 0.47% CuEq (0.70 g/t AuEq)","kliyul_kmz_inferred_resource":"334.1 Mt at 0.33% CuEq (0.15% Cu, 0.26 g/t Au, 0.95 g/t Ag) or 386 Mt at 0.459 g/t AuEq"}},"quotedText":"These Agreements reflect our commitment to environmental stewardship, transparent communication, and collaborative engagement.","namedEntities":{"people":[{"name":"Blaine Monaghan","role":"President & CEO"},{"name":"Danette Schwab","role":"VP Exploration, Qualified Person"},{"name":"Susan Lomas","role":"NI 43-101 technical report author"},{"name":"Dr. Bruce Davis","role":"NI 43-101 technical report author"},{"name":"Dr. Ron Voordouw","role":"NI 43-101 technical report author"}],"products":["Kliyul copper-gold project","RDP copper-gold project","Onjo copper-gold project","Redton copper-gold project"],"companies":[{"name":"Pacific Ridge Exploration Ltd.","ticker":"PEX","relationship":"filer"},{"name":"Tsay Keh Dene Nation","relationship":"First Nations counterparty to exploration agreements"},{"name":"Fiore Group","relationship":"parent/affiliated group"},{"name":"Lions Gate Consulting Inc.","relationship":"technical consultant"}],"dollarAmounts":[{"amount":"US$4.60/lb","context":"copper price used in resource estimate"},{"amount":"US$2,600/oz.","context":"gold price used in resource estimate"},{"amount":"US$30.00/oz.","context":"silver price used in resource estimate"}]},"materialImpact":{"score":2,"reasoning":"Exploration agreements with Tsay Keh Dene Nation de-risk permitting and social license for the flagship Kliyul and RDP copper-gold projects, but no new resource, drilling results, or financing was announced."},"tickerRelevance":{"others":[],"primary":"PEX"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap (TSXV)","eventGravity":"community agreements, de-risking","issuerAuthored":true}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Pacific Ridge Exploration signed Exploration Agreements with the Tsay Keh Dene Nation covering its Kliyul and RDP copper-gold projects in north-central British Columbia.\n\nThe agreements establish a cooperative framework for communication and collaboration, providing certainty for advancement of both projects; CEO Blaine Monaghan called First Nations relationships foundational to the company's goal of becoming B.C.'s leading copper explorer.\n\nThe Kliyul Main Zone hosts an Inferred Resource of 334.1 Mt at 0.33% CuEq, and 2026 drilling at both Kliyul's M39 target and RDP's Day target is complete with assays pending.","key_figures":{"customDimensions":{"rdp_ownership":"100%","kliyul_ownership":"100%","m39_drilling_2026":"4 holes, 1,524 m","rdp_day_drilling_2026":"5 holes, 3,010 m","rdp_25_014_historical_hit":"130.8 m of 0.47% CuEq (0.70 g/t AuEq)","kliyul_kmz_inferred_resource":"334.1 Mt at 0.33% CuEq (0.15% Cu, 0.26 g/t Au, 0.95 g/t Ag) or 386 Mt at 0.459 g/t AuEq"}},"named_entities":{"people":[{"name":"Blaine Monaghan","role":"President & CEO"},{"name":"Danette Schwab","role":"VP Exploration, Qualified Person"},{"name":"Susan Lomas","role":"NI 43-101 technical report author"},{"name":"Dr. Bruce Davis","role":"NI 43-101 technical report author"},{"name":"Dr. Ron Voordouw","role":"NI 43-101 technical report author"}],"products":["Kliyul copper-gold project","RDP copper-gold project","Onjo copper-gold project","Redton copper-gold project"],"companies":[{"name":"Pacific Ridge Exploration Ltd.","ticker":"PEX","relationship":"filer"},{"name":"Tsay Keh Dene Nation","relationship":"First Nations counterparty to exploration agreements"},{"name":"Fiore Group","relationship":"parent/affiliated group"},{"name":"Lions Gate Consulting Inc.","relationship":"technical consultant"}],"dollarAmounts":[{"amount":"US$4.60/lb","context":"copper price used in resource estimate"},{"amount":"US$2,600/oz.","context":"gold price used in resource estimate"},{"amount":"US$30.00/oz.","context":"silver price used in resource estimate"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-08T11:00:42.266Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap (TSXV)","eventGravity":"community agreements, de-risking","issuerAuthored":true}},"durationMs":7761,"modelName":"glm-5.3-flashx"}}