PACIFIC RIDGE ACQUIRES GOLD PROPERTIES NEAR UNDERWORLD RESOURCES DISCOVERY


Pacific Ridge Exploration Ltd. has staked 212 mineral claims comprising three properties containing gold exploration targets in proximity to a gold discovery reported by Underworld Resources Ltd. on their White Gold property in Yukon’s Klondike south of Dawson City.

Pacific Ridge’s gold target selections have been based on review of historical exploration data in the company’s files and management’s prior experience in the region that dates back to 1969.

Pacific Ridge will report further after additional property acquisitions may be completed and details of the company’s 2009 Klondike exploration program are finalized.

The company’s working capital as at March 31, 2009, was $939,400.

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