Pacific Ridge Exploration Ltd. announced that field crews have been mobilized to its 100% owned Kliyul copper-gold project, located in the prolific Quesnel Trough in north-central British Columbia. The Company plans to complete 7,000 m of diamond drilling at Kliyul this year. Additionally, Pacific Ridge is planning a 2,000 m diamond drill program at the Chuchi copper-gold project and an 1,800 m diamond drill program at the RDP copper-gold project, under option to Antofagasta Minerals S.A. 2023 Kliyul Drill Program: 2022 drilling at Kliyul materially increased the size of the Kliyul Main Zone mineralized body from 350 m x 150 m x 500 m depth to 600 m x 350 m x 600 m depth, an increase of almost 400%, and drill hole KLI-22-050 returned 89.0 m of 1.06% copper equivalent ("CuEq") (0.28% copper, 1.05 g/t gold, and 1.20 g/t silver) within 328.0 m of 0.67% CuEq (0.25% copper, 0.57 g/t gold, and 1.25 g/t silver).

In 2023, Pacific Ridge plans to complete 7,000 m of drilling at Kliyul with two main objectives: Expanding the size of the KMZ mineralized body to the southeast and into adjacent fault blocks to the north, east and southwest. These targets are defined by known mineralization from previous drilling combined with modelled geophysical signatures, including a Magnetic Vector Inversion (MVI) aeromagnetic high anomaly with coincident resistivity- and chargeability-high anomalies; and, Testing several high priority targets that occur mainly along the Divide Lake Fault Trend, a highly prospective 6-km-long northwest-trending alteration and mineralization corridor, including Ginger (1.4 km northwest of KMZ), Parish Hill (1 km southeast of KMZ), M-39 (3.5 km southeast of KMZ), and Ginger South (1.2 km west of KMZ), which occurs along the east-northeast Valley Fault Trend. These targets are interpreted porphyry centres derived from aeromagnetic data and MVI modelling, Induced Polarization (IP) survey inversions, geological mapping, and surface geochemical sampling.

2023 Chuchi Drill Program: Pacific Ridge plans to drill 2,000 m in its first ever drill program at Chuchi. Targeting will be based on a combination of historical drilling results, surface sampling (rocks and soils), IP survey, and 3D inversion models of the 2022 ZTEM and aeromagnetic data. Prior to the start of drilling, the Company is planning 20 line-km of IP survey, geological mapping, and gridded soil sampling to expand upon previous surveys and cover new target areas at Chuchi and Chuchi South.

Drilling is expected to commence sometime in August. 2023 Chuchi Drill Program: Pacific Ridge plans to drill 2,000 m in its first ever drill program at Chuchi. Targeting will be based on a combination of historical drilling results, surface sampling (rocks and soils), IP survey, and 3D inversion models of the 2022 ZTEM and aeromagnetic data.

Prior to the start of drilling, the Company is planning 20 line-km of IP survey, geological mapping, and gridded soil sampling to expand upon previous surveys and cover new target areas at Chuchi and Chuchi South. Drilling is expected to commence sometime in August. 2023 RDP Drill Program: Drilling in 2022 produced the best-ever drill result from RDP.

Drill hole RDP-22-005 at the Day target returned 107.2 m of 1.45% CuEq (0.63% Cu, 1.10 g/t Au, and 2.91 g/t Ag) within 497.2 m of 0.68% CuEq (0.37% Cu, 0.40 g/t Au, and 1.6 g/t Ag). 2023 exploration plans include 1,800 m of diamond drilling, a 16 line-km IP survey at the Day, Porcupine, and Bird targets, rock sampling at the Porcupine target, and soil sampling at the Bird target.