Pacific Ridge to Showcase Chuchi Drill Core at PDAC Core Shack, Plans to Drill RDP Copper-Gold Project and Meet with Potential JV Partners for Kliyul Copper-Gold Project.
PorAinvest
martes, 25 de febrero de 2025, 7:06 am ET1 min de lectura
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Pacific Ridge Exploration Ltd. (PEX) recently announced the successful completion of its inaugural drill program at the Chuchi copper-gold project in British Columbia. The project, located near Centerra Gold Inc.'s Mount Milligan Mine, returned impressive results, with every drill hole intersecting alkalic porphyry copper-gold mineralization ([1]). This article delves into the highlights of the program, the implications of the results, and the company's plans for future exploration.
Impressive Drill Results:
Pacific Ridge's drill program consisted of five diamond drill holes, covering a 750 m strike length across the BP Zone (BPZ). The results revealed that every drill hole encountered alkalic porphyry copper-gold mineralization, with chalcopyrite and pyrite being the primary minerals present. The most notable results include drill hole CH-24-073, which returned 65.0 m of 0.42% copper equivalent (CuEq1) or 0.63 g/t gold equivalent (AuEq2) ([1]). Another significant finding was drill hole CH-24-070, which encountered the deepest mineralization to date at 420 m vertical depth ([1]).
Open-Ended Exploration Potential:
The Chuchi project hosts several porphyry targets within a six-kilometer-long porphyry trend, and the BPZ is just one of them ([1]). The results of the inaugural drill program suggest that there are at least two mineralized porphyritic intrusions at Chuchi, and the BPZ remains open laterally and to depth ([1]). The subtle increase in copper-gold grade with depth, metal ratio signature, and highest MDRU Porphyry Index value of the program, indicates a potential vector towards a porphyry core ([1]).
Future Exploration Plans:
Pacific Ridge plans to continue exploring the Chuchi project by drilling the RDP copper-gold project and meeting with potential joint venture partners for the Kliyul copper-gold project ([1]). The company's exploration efforts are focused on unlocking the full potential of the Chuchi project and advancing it towards a viable mining operation.
Conclusion:
Pacific Ridge Exploration's inaugural drill program at the Chuchi copper-gold project yielded promising results, with every drill hole intersecting alkalic porphyry copper-gold mineralization. The results suggest that there is significant exploration potential at the project, and Pacific Ridge plans to continue exploring the Chuchi project through further drilling and potential joint ventures.
References:
[1] Pacific Ridge Exploration. (2024, November 25). Pacific Ridge's Inaugural Drill Program Returns Some of the Best Drill Results Ever Recorded at the Chuchi Copper-Gold Project. https://pacificridgeexploration.com/news-releases/pacific-ridges-inaugural-drill-program-returns-some-of-the-best-drill-results-ever-recored-at-the-chuchi-copper-gold-project/
CGAU--
Pacific Ridge Exploration will display drill core from the Chuchi copper-gold project at the 2025 PDAC Core Shack. The company will also discuss plans to drill the RDP copper-gold project and meet with potential joint venture partners for the Kliyul copper-gold project. The Chuchi project in north-central British Columbia showed encouraging results in its inaugural 2024 drill program, with every drill hole intersecting alkalic porphyry copper-gold mineralization.
Introduction:Pacific Ridge Exploration Ltd. (PEX) recently announced the successful completion of its inaugural drill program at the Chuchi copper-gold project in British Columbia. The project, located near Centerra Gold Inc.'s Mount Milligan Mine, returned impressive results, with every drill hole intersecting alkalic porphyry copper-gold mineralization ([1]). This article delves into the highlights of the program, the implications of the results, and the company's plans for future exploration.
Impressive Drill Results:
Pacific Ridge's drill program consisted of five diamond drill holes, covering a 750 m strike length across the BP Zone (BPZ). The results revealed that every drill hole encountered alkalic porphyry copper-gold mineralization, with chalcopyrite and pyrite being the primary minerals present. The most notable results include drill hole CH-24-073, which returned 65.0 m of 0.42% copper equivalent (CuEq1) or 0.63 g/t gold equivalent (AuEq2) ([1]). Another significant finding was drill hole CH-24-070, which encountered the deepest mineralization to date at 420 m vertical depth ([1]).
Open-Ended Exploration Potential:
The Chuchi project hosts several porphyry targets within a six-kilometer-long porphyry trend, and the BPZ is just one of them ([1]). The results of the inaugural drill program suggest that there are at least two mineralized porphyritic intrusions at Chuchi, and the BPZ remains open laterally and to depth ([1]). The subtle increase in copper-gold grade with depth, metal ratio signature, and highest MDRU Porphyry Index value of the program, indicates a potential vector towards a porphyry core ([1]).
Future Exploration Plans:
Pacific Ridge plans to continue exploring the Chuchi project by drilling the RDP copper-gold project and meeting with potential joint venture partners for the Kliyul copper-gold project ([1]). The company's exploration efforts are focused on unlocking the full potential of the Chuchi project and advancing it towards a viable mining operation.
Conclusion:
Pacific Ridge Exploration's inaugural drill program at the Chuchi copper-gold project yielded promising results, with every drill hole intersecting alkalic porphyry copper-gold mineralization. The results suggest that there is significant exploration potential at the project, and Pacific Ridge plans to continue exploring the Chuchi project through further drilling and potential joint ventures.
References:
[1] Pacific Ridge Exploration. (2024, November 25). Pacific Ridge's Inaugural Drill Program Returns Some of the Best Drill Results Ever Recorded at the Chuchi Copper-Gold Project. https://pacificridgeexploration.com/news-releases/pacific-ridges-inaugural-drill-program-returns-some-of-the-best-drill-results-ever-recored-at-the-chuchi-copper-gold-project/

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