September 13, 2011

Pacific Ridge Reports Full Exercise of September 16th Warrants

Vancouver, B.C. -- September 13, 2011 -- Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (the "Company") reported that it has received $125,000 from the exercise of 500,000 share purchase warrants with an exercise price of $0.25 and an expiry date of September 16, 2011.

Recently the Company announced the exercise of 6,099,967 share purchase warrants at a price of $0.15 for proceeds of $914,995 as well as the exercise of 67,200 share purchase warrants priced at $0.45 for proceeds of $30,240 (see August 23, 2011 news release). There are 3,878,150 share purchase warrants that remain to be exercised at an exercise price of $0.45 and an expiry date of December 22, 2011. The Company currently has 59,372,078 common shares issued and outstanding.

John S. Brock

John S. Brock
President and CEO
Pacific Ridge Exploration Ltd.

Corporate Information
Pacific Ridge Exploration Ltd.
John S. Brock
President and CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com

Investor Inquiries
G2 Consultants Corporation
NA Toll-Free: (866) 742-9990
Tel: (604) 742-9990
info@g2consultants.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.