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Pacific Ridge options Yukon gold projects Mariposa and Eureka Dome to Labrador Gold for $5.4M exploration deal

Company Fundamentals
11 May 2026
Newsfile Corp
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Bullish
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Pacific Ridge Exploration has optioned its Mariposa and Eureka Dome gold projects in Yukon's White Gold District to Labrador Gold Corp. Labrador can earn 100% ownership by paying $500,000, issuing 6.67 million shares, and spending $5.4 million on exploration over four years. The deal includes a $1 million payment upon a positive feasibility study. This partnership allows Pacific Ridge to focus on its copper projects in British Columbia while Labrador advances exploration in a region with promising gold mineralization and historical drill results.

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