Gold Cap/Polar Stewart
Pacific Ridge owns a 100 percent interest in the approximate 14 square kilometer Gold Cap property. The claims are tied on to the north-eastern boundary of the Kinross (Underworld) White Gold property and are located approximately 5 kilometres northeast of their Golden Saddle zone.
Gold Cap covers a geologic setting for White Gold style mineralization, that being a hydrothermal mineralizing system invading a schist/mafic sequence of rocks.
During the 2009 exploration season, Pacific Ridge established a 2 kilometre by 4 kilometre soil sampling grid within the source area of an historic highly anomalous gold in silt anomaly reported by the Geological Survey of Canada.
Pacific Ridge has defined three sub parallel northerly trending arsenic-antimony-nickel-gold soil anomalies measuring 2 to 4 kilometres in length and remaining open for expansion to the north. The linear nature of the anomalous soils suggests the presence of structurally controlled mineralization.
Geochemical values for arsenic range from 20 to 200ppm, nickel from 75 to 1200 ppm, antimony from 1 to 4 ppm and gold values ranging from 12 to 290 ppb.
The geochemical anomalies appear to be building in intensity toward the northern limits of the presently established soil sampling grid. Recently, soil sampling was extended 3 kilometres to the north to further explore the prospective gold mineralizing system.
That geochemical sampling with the collection of 1,800 deep auger soil samples was completed by RyanWood Exploration during September 2009.
Ongoing exploration is proposed in 2011.