# Drilling Starts at Pacific Ridge's Kliyul Copper-Gold Project; Two Drill Programs Underway Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs--e5b10d34-e82b-4452-aa5e-17c8e2d03c9d Original source: https://money.tmx.com/en/quote/PEX/news/7334354693446706/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs Publisher: tmx Original announcement: 2026-08-17T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Pacific Ridge Exploration Ltd. - Ticker: PEX - Exchange: TSX - Region: British Columbia - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Resource update, Drill results - Extracted: 2026-09-12 18:30:29 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Pacific Ridge has commenced a ~2,500 m drill program at the M39 target within its Kliyul copper-gold project in British Columbia. The company also highlighted its existing Inferred Mineral Resource at the Kliyul Main Zone, which contains significant copper, gold, and silver content. Reasoning: The company is initiating a new drill program at a high-priority target \(M39\) while reiterating a large, multi-commodity inferred resource at the Kliyul project. - Positive factor: Large inferred resource scale - Positive factor: New high-priority drill target \(M39\) being tested - Positive factor: Porphyry cluster potential - Negative factor: 100% Inferred category - Negative factor: No metallurgical testing performed to date Facts used in scoring: 4 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The KMZ resource is stated to be in the Inferred Mineral Resource category. Evidence · text > in the Inferred Mineral Resource category **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: While a technical report is mentioned, the specific assay protocols and QA/QC methods for this specific release are not detailed in the text. Evidence · text > The technical information contained within this News Release has been prepared under the supervision of ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs--e5b10d34-e82b-4452-aa5e-17c8e2d03c9d#fact-drill-facts-0) Historical result Needs review: drill\_no\_hole\_id #### Identity - Region: canada\_bc - Reported Region: canada\_bc - Ticker: PEX #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-08-08T00:00:00.000Z #### Dates - Event date: 2026-08-17T00:00:00.000Z Reasoning: Commencement of a new exploration program at a high-priority target. - Positive factor: New drilling activity Evidence · text > ~2,500 m drill program has started at Pacific Ridge's 100% owned Kliyul copper-gold project #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs--e5b10d34-e82b-4452-aa5e-17c8e2d03c9d#fact-resource-facts-1) Kliyul · copper #### Identity - Project: Kliyul - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia - Ticker: PEX #### Resource scope - Estimate type: resource - Effective date: 2025-07-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Susan Lomas, Bruce Davis, Ron Voordouw - Resource group id: resource:7fab0b452a7b5850173a - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.15 - Grade Unit: % - Cutoff Grade: 0.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-17T00:00:00.000Z Reasoning: Significant copper component of the inferred resource at the 0.20% CuEq cutoff. - Positive factor: Large tonnage - Negative factor: Inferred category only Evidence · table > 0.15 Context: 334,100,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs--e5b10d34-e82b-4452-aa5e-17c8e2d03c9d#fact-resource-facts-2) Kliyul · gold #### Identity - Project: Kliyul - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: PEX #### Resource scope - Estimate type: resource - Effective date: 2025-07-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Susan Lomas, Bruce Davis, Ron Voordouw - Resource group id: resource:7fab0b452a7b5850173a - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.26 - Grade Unit: g/t - Cutoff Grade: 0.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-17T00:00:00.000Z Reasoning: Gold component of the inferred resource at the 0.20% CuEq cutoff. - Negative factor: Inferred category only Evidence · table > 0.26 Context: 334,100,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-starts-at-pacific-ridge-s-kliyul-copper-gold-project-two-drill-programs--e5b10d34-e82b-4452-aa5e-17c8e2d03c9d#fact-resource-facts-3) Kliyul · silver #### Identity - Project: Kliyul - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: PEX #### Resource scope - Estimate type: resource - Effective date: 2025-07-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Susan Lomas, Bruce Davis, Ron Voordouw - Resource group id: resource:7fab0b452a7b5850173a - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.95 - Grade Unit: g/t - Cutoff Grade: 0.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-17T00:00:00.000Z Reasoning: Silver component of the inferred resource at the 0.20% CuEq cutoff. - Negative factor: Inferred category only Evidence · table > 0.95 Context: 334,100,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.