Pacific Ridge Acquires King Solomon Gold Project Klondike Gold District, Yukon

Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the
"Company") has entered into an agreement with Shawn Ryan and Wildwood
Exploration Inc. (the "Vendors") whereby Pacific Ridge has the right to earn a
100% interest in the King Solomon Gold property, comprising 331 claims (6,700 ha
- the "Property") located in the heart of the Yukon's famous Klondike Gold
District. The King Solomon property, located approximately 40 kilometres
southeast of Dawson City is accessible by all-weather road.


The King Solomon property covers one of the largest and strongest gold-in-soil
anomalies in the Klondike that has not yet been explored by trenching or
drilling. Quartz Creek, Sulphur Creek, Gold Bottom Creek and Dominion Creek are
well-known Klondike gold placer creeks with drainages originating within the
King Solomon property. 


The main target of interest is a 1,600 m by 1,600 m gold-in-soil anomaly that
lies near the summit of King Solomon Dome. Within this anomaly, gold values
range to a maximum of 1,377 ppb or 1.38 grams/tonne gold, above an anomaly
threshold value of 30 ppb Au. The core of the anomaly has a strong association
with silver and tungsten values. A second gold zone target, measuring 600 m by
800 m, located just west of the main target zone, has a strong silver-bismuth
association. 


Pacific Ridge believes that there is an excellent chance for the discovery of a
bedrock source of gold mineralization associated with these soil gold anomalies
and the headwaters of placer gold creeks. An exploration program of deep
penetrating soil sampling and high resolution IP-resistivity geophysical
surveying is planned over the two anomalies and will commence during the month
of June. This work will then be followed by drill testing of the highest
priority targets.


In order to earn a 100% interest in the Property, Pacific Ridge will, subject to
TSX Venture Exchange approval, and prior to May 15, 2017, commence the making of
staged payments totaling $500,000, issue 1,500,000 shares and complete
$2,500,000 in exploration work. The initial payment will be $50,000 and 250,000
shares. After Pacific Ridge has earned a 100% interest in the Property, it will
issue up to an additional 500,000 shares to the Vendors upon the Property
attaining certain future exploration milestones. The Vendors will retain a 2%
net smelter return royalty in the Property, 50% of which can be purchased by
Pacific Ridge for $2 million at any time. After earning a 100% interest in the
Property, Pacific Ridge must make annual advance royalty payments of $50,000,
which will be deducted from the net smelter return royalty after commencement of
commercial production.


About Pacific Ridge

Pacific Ridge is a mineral exploration company focused on the Yukon's new White
Gold District, with three exploration projects that are well located in the same
vicinity and in the same geological environment as Kinross Gold's White Gold
deposit, Kaminak Gold's Coffee gold deposits and Comstock Metals' new QV gold
discovery. Pacific Ridge's 280 km2 Mariposa gold project covers the prolific
Scroggie and Mariposa placer gold creeks. It 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. The 27 km2 Eureka Dome
property also covers the headwaters of placer mining creeks. The 49 km2 Gold
Cap/Polar-Stewart property adjoins the Kinross White Gold property and contains
yet-to-be drilled gold soil anomalies, the strongest of which is a possible
extension to one of the Kinross gold-in-soil anomalies.


Pacific Ridge's Fyre Lake property, in Yukon's Finlayson Lake District, hosts a
copper-gold-cobalt massive sulphide deposit with a 43-101 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 being considered for Fyre Lake. 


The Company also controls a uranium exploration project in the Baker Lake area,
NWT, for which joint venture participation is also being considered. 


On behalf of the Board of Directors,

John S. Brock, President & CEO

Pacific Ridge Exploration Ltd.

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.


Forward-Looking Information: This release includes certain statements that may
be deemed "forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling and other
activities and events or developments that Pacific Ridge Exploration Ltd.
("Pacific Ridge") expects to occur, are forward-looking statements.
Forward-looking statements in this news release include statements regarding the
placements and future exploration plans and expenditures. Although Pacific Ridge
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those
forward-looking statements. Factors that could cause actual results to differ
materially from those in forward looking statements include market prices,
exploration successes, and continued availability of capital and financing and
general economic, market or business conditions. These statements are based on a
number of assumptions including, among other things, assumptions regarding
general business and economic conditions, the timing and receipt of regulatory
and governmental approvals for the transactions described herein, the ability of
Pacific Ridge and other parties to satisfy stock exchange and other regulatory
requirements in a timely manner, the availability of financing for Pacific
Ridge's proposed transactions and programs on reasonable terms, and the ability
of third party service providers to deliver services in a timely manner.
Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from those
projected in the forward-looking statements. Pacific Ridge does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Ridge Exploration Ltd.
John S. Brock
President & CEO
[phone]
[phone] (FAX)
www.pacificridgeexploration.com