Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge") has granted
incentive stock options under its 10% rolling stock option plan to directors and
officers to purchase a total of 1,142,000 common shares at $0.05 per share
exercisable for a period of five years. The options are subject to acceptance
for filing by the TSX Venture Exchange.


About Pacific Ridge 

Pacific Ridge is a mineral exploration company currently focused on the Yukon's
White Gold and Klondike Gold Districts, with four exploration projects that are
well located in the same vicinity and in generally similar geological
environments as found with Kinross Gold's White Gold deposit, Kaminak Gold's
Coffee gold deposits and Comstock Metals' QV recent gold discovery. Pacific
Ridge's 295 square km Mariposa gold project covers the long-time producing
Scroggie and Mariposa placer gold creeks. Mariposa has seen $6 million in soil
sampling, trenching and drilling spent over the past three years resulting in
discovery of a number of well mineralized gold zones. Pacific Ridge's 78 square
km King Solomon Project, located in the heart of the Klondike gold camp, lies at
the headwaters of some of the Klondike's most productive placer gold creeks,
including Gold Bottom, Dominion, Sulphur and Quartz creeks. The 49 square km
Gold Cap/Polar-Stewart property adjoins the Kinross White Gold property and
contains yet-to-be drilled gold-in-soil anomalies, the strongest of which may
represent an easterly extension of a gold-in-soil anomaly reported within the
White Gold property. Pacific Ridge's Fyre Lake property, in Yukon's Finlayson
Lake District, hosts a copper-gold-cobalt massive sulphide deposit with a
NI43-101 compliant indicated mineral resource of 3.6 million tonnes grading
1.57% copper, 0.10% cobalt and 0.61 grams gold per tonne at a 1 percent copper
cut-off grade plus an inferred mineral resource, at the same cut-off grade, of
5.4 million tonnes grading 1.48% copper, 0.08% cobalt and 0.53 grams gold per
tonne. This open-ended copper and gold deposit has yet to be fully defined by
drilling. Joint venture participation is presently being considered for Fyre
Lake.


The technical information contained within this News Release has been reviewed
and approved by Gerald G. Carlson, Ph.D., P.Eng., Vice President Exploration of
Pacific Ridge Exploration, and Qualified Person as defined by National
Instrument 43-101 policy. 


On behalf of the Board of Directors,

John S. Brock, President & CEO 

Pacific Ridge Exploration Ltd.

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Ridge Exploration Ltd.
John S. Brock
President & CEO
(604) 687-4951
www.pacificridgeexploration.com

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