# Drilling Underway at Pacific Ridge's Kliyul Copper-Gold Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/drilling-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817 Original source: https://money.tmx.com/en/quote/PEX/news/5914096728493104/drilling-underway-at-pacific-ridge-s-kliyul-copper-gold-project Publisher: tmx Original announcement: 2025-08-27T11:00:00.000Z 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 19:07:26 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Pacific Ridge Exploration has announced that drilling is underway at the Kliyul copper-gold project in British Columbia to expand the Kliyul Main Zone \(KMZ\). The project hosts an Inferred Mineral Resource of 334.1 Mt at 0.33% CuEq, which remains open for expansion at depth and laterally. Reasoning: The company is announcing a restart of drilling to expand an existing Inferred resource at the Kliyul project. While the resource scale is significant, it remains entirely in the Inferred category and lacks site-specific metallurgical validation. - Positive factor: Resource expansion drilling underway - Positive factor: Mineralization remains open for expansion - Positive factor: Large scale porphyry trend identified - Negative factor: 100% Inferred resource - Negative factor: No metallurgical testing performed to date - Negative factor: Recoveries are estimated based on other mines Facts used in scoring: 6 ## 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 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions the technical information was prepared under the supervision of a Qualified Person \(QP\). Evidence · text > prepared under the supervision of, and reviewed and approved by. Danette Schwab, P.Geo., Vice President Exploration of the Company, and a Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The release explicitly mentions compliance with NI 43-101 standards. Evidence · text > a Qualified Person as defined by National Instrument 43-101 ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### KLI-23-069 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-drill-facts-3) copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: KLI-23-069 - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: PEX #### Geometry - Grade: 0.38 - Grade Unit: % - Intercept: 45 m - From: 584 m - To: 629 m - Intercept Depth: 584 m #### Classification - Sample Type: drill - Group ID: KLI-23-069:584-629 #### Location - Location: Main Zone - Loc. Source: document #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-09T00:00:00.000Z #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Significant depth intercept providing a vector for higher-grade porphyry. - Positive factor: Deepest mineralized interval ever encountered Evidence · text > 45.0 m of 0.58% CuEq\* or 0.86 g/t AuEq\*\* \(0.38% copper, 0.28 g/t gold, and 2.20 g/t silver\) #### 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 ### KLI-23-069 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-drill-facts-4) gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KLI-23-069 - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: PEX #### Geometry - Grade: 0.28 - Grade Unit: g/t - Intercept: 45 m - From: 584 m - To: 629 m - Intercept Depth: 584 m #### Classification - Sample Type: drill - Group ID: KLI-23-069:584-629 #### Location - Location: Main Zone - Loc. Source: document #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-09T00:00:00.000Z #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Significant depth intercept providing a vector for higher-grade porphyry. - Positive factor: Deepest mineralized interval ever encountered Evidence · text > 45.0 m of 0.58% CuEq\* or 0.86 g/t AuEq\*\* \(0.38% copper, 0.28 g/t gold, and 2.20 g/t silver\) #### 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 ### KLI-23-069 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-drill-facts-5) silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: KLI-23-069 - Commodity: silver - Region: canada\_bc - Reported Region: canada\_bc - Ticker: PEX #### Geometry - Grade: 2.2 - Grade Unit: g/t - Intercept: 45 m - From: 584 m - To: 629 m - Intercept Depth: 584 m #### Classification - Sample Type: drill - Group ID: KLI-23-069:584-629 #### Location - Location: Main Zone - Loc. Source: document #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-09T00:00:00.000Z #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Significant depth intercept providing a vector for higher-grade porphyry. - Positive factor: Deepest mineralized interval ever encountered Evidence · text > 45.0 m of 0.58% CuEq\* or 0.86 g/t AuEq\*\* \(0.38% copper, 0.28 g/t gold, and 2.20 g/t silver\) #### 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-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-resource-facts-0) 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: Danette Schwab - Resource group id: resource:5a79ce66119be4e04d71 - Deposit or zone: KMZ - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.15 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Standard inferred resource component of the KMZ zone. - Negative factor: Inferred category only Evidence · text > 334.1 million tonnes \("Mt"\) grading 0.33% copper equivalent \("CuEq"\), 0.15% copper, 0.26 g/t gold, and 0.95 g/t silver, in the Inferred Mineral Resource category #### 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 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 **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-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-resource-facts-1) 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: Danette Schwab - Resource group id: resource:5a79ce66119be4e04d71 - Deposit or zone: KMZ - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.26 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Standard inferred resource component of the KMZ zone. - Negative factor: Inferred category only Evidence · text > 334.1 million tonnes \("Mt"\) grading 0.33% copper equivalent \("CuEq"\), 0.15% copper, 0.26 g/t gold, and 0.95 g/t silver, in the Inferred Mineral Resource category #### 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 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 **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-underway-at-pacific-ridge-s-kliyul-copper-gold-project--36979daa-dbc8-45c6-989b-0b0196dee817#fact-resource-facts-2) 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: Danette Schwab - Resource group id: resource:5a79ce66119be4e04d71 - Deposit or zone: KMZ - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 334100000 - Grade: 0.95 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-07-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-08-27T00:00:00.000Z Reasoning: Standard inferred resource component of the KMZ zone. - Negative factor: Inferred category only Evidence · text > 334.1 million tonnes \("Mt"\) grading 0.33% copper equivalent \("CuEq"\), 0.15% copper, 0.26 g/t gold, and 0.95 g/t silver, in the Inferred Mineral Resource category #### 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 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 **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.