Pacific Ridge Exploration (TSE:PEX) has released an update.
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Pacific Ridge Exploration Ltd. has announced a 30-day extension on the closing of its $2 million non-brokered private placement, with $1.68 million already raised. The funds are earmarked for general working capital and for initiating a pioneering diamond drill program at their Chuchi copper-gold project in British Columbia. This project is noteworthy for its untested potential at depth, with historic drillings being shallow and ending in mineralization.
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