Vancouver, B.C. - November 7, 2018 - Pacific Ridge Exploration Ltd. (TSX Venture: PEX) ("Pacific Ridge" or the "Company") announces that Dr. Craig Hart has been appointed Technical Advisor to the Company. Dr. Hart is currently the Director of MDRU-Mineral Deposit Research Unit at The University of British Columbia (UBC) where he initiates and facilitates a wide range of mineral exploration industry-sponsored research projects focused on gold and porphyry systems, regional metallogeny and exploration methods, and trains graduate students to excel in the mineral exploration industry. He was previously a Senior Research Fellow at the Centre for Exploration Targeting at the University of Western Australia (UWA) in Perth, Australia where he pursued research on the gold metallogeny of China and Mongolia. Most of his early career was with the Yukon Geological Survey where he undertook regional mapping and metallogenic evaluations in the northern Cordillera. As a UBC faculty member since 2009, he has contributed the training and successful completion of more than 40 MSc and PhD students, and 20 Post-Doctoral Fellows and Research Associates. He was awarded the Boldy Award in 2005 by the Geological Association of Canada for best presentation, was the 2010 Society of Exploration Geologists Distinguished Lecturer, and was the winner of the Audience Choice Award and a top 5 finisher of the Integra Gold Rush Challenge in 2016.
Gerry Carlson, Pacific Ridge President and CEO, stated: "I am pleased to welcome Craig to our technical team, where he will provide advice to the Company to assist in its growth, particularly in the areas of exploration and acquisition strategy, project evaluation, exploration program planning, execution and interpretation.
About Pacific Ridge
Pacific Ridge 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 Mariposa, Eureka Dome and Gold Cap gold exploration projects in the Klondike-White Gold District, RC Gold in the Tintina Gold Belt, Fyre Lake in the Finlayson District and Spius Cu-Mo-Au porphyry and TL Zinc 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
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The technical information contained within this News Release has been reviewed and approved by Gerald G. Carlson, Ph.D., P.Eng., President and CEO of Pacific Ridge and Qualified Person as defined by National Instrument 43-101 policy.
Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding the exercise of the options and future exploration plans and expenditures. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.