Pacific Ridge Exploration Ltd.
Pacific Ridge Exploration (formerly Columbia Gold Mines) explores for copper-gold porphyry deposits in the northern Quesnel terrane of British Columbia, and its only resource is led by gold. Its flagship, 100%-owned Kliyul project hosts an inferred resource of 334.1 Mt at 0.15% copper, 0.26 g/t gold and 0.95 g/t silver (1.11 billion lb of copper, 2.74 Moz of gold and 10.22 Moz of silver; estimate effective 31 July 2025), and at the estimate's own prices gold is about 57% of its value and copper about 41%. The company also holds the RDP, Onjo and Redton copper-gold projects in British Columbia, and it completed its 2026 drilling at Kliyul and RDP in September 2026.
Lifecycle Milestones
Jurisdiction (40%)9/10
British Columbia: Fraser PPI 2025 is 74.28 of 100 (rank 31 of 68), which maps to 9 on this site's scale. British Columbia, Canada -- Tier-1 mining jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Kliyul Copper-Gold Project, Quesnel Trough, British Columbia, Canada (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Mount Milligan (Centerra Gold Inc.), 203 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:0/10
Nearest producing mine: Mount Milligan (Centerra Gold Inc.), 203 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President and Chief Executive Officer of Pacific Ridge Exploration Ltd.
Executive Chairman of Pacific Ridge Exploration Ltd. Former President and CEO of the Company, transitioned to Executive Chairman retaining responsibility for the Company's technical programs (Dr.).
Chief Financial Officer of BP Silver Corp.; also Chief Financial Officer of Los Andes Copper Ltd. and Pacific Ridge Exploration Ltd. A Managing Director of Malaspina Consultants Inc., providing CFO and strategic financial advisory services to clients across many industries. A CPA CMA with a BCom from the University of British Columbia.
Vice President, Exploration of Pacific Ridge Exploration Ltd.
Corporate Secretary of Equity Metals Corporation; also Corporate Secretary of Southern Silver Exploration Corp., Pacific Ridge Exploration Ltd. and Paradigm Gold Corporation. (B.A., LL.B.) Obtained her law degree in 2004 and was called to the Bar of British Columbia in 2005. Currently serves as corporate secretary to several public resource companies in the minerals sector including Bravada Gold Corporation, Equity Metals Corporation, Pacific Ridge Exploration Ltd., Southern Silver Exploration Corp. and Valterra Resource Corporation.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Minsur S.A., a leading Peruvian mining major, made a fresh cash-subscribed strategic investment in July 2026, becoming Pacific Ridge's largest shareholder with a stake that also carries a right of first refusal on the RDP copper-gold project.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Pacific Ridge Exploration, formerly Columbia Gold Mines, explores for copper-gold porphyry deposits in the northern Quesnel terrane of British Columbia. Its 100%-owned flagship Kliyul project hosts an inferred resource of 334.1 million tonnes at 0.33% copper equivalent, containing 1.11 billion lb of copper, 2,740,000 oz of gold and 10.22 Moz of silver, with no measured or indicated category (estimate effective 31 July 2025). At the estimate's own US$4.60/lb copper, US$2,600/oz gold and US$30/oz silver, gold is about 57% of that value and copper about 41%, so gold is its leading metal. In 2026 it drilled about 2,500m at the previously undrilled M39 target on the Kliyul trend and about 3,000m at its 100%-owned RDP copper-gold project, completing both programmes in September 2026, and it also holds the Onjo and Redton projects. No economic study has been published.