Pacific Ridge Exploration Ltd.: Additional Mineral Claims Acquired at Fyre Lake-Kona Copper Gold Deposit, Yukon

Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge") has entered
into an agreement with True North Gems Inc. ("True North") to acquire 43 mineral
claims located within Pacific Ridge's Fyre Lake property, located in the eastern
Yukon's Finlayson District. The newly acquired claims are strategically located
in proximity to Pacific Ridge's 100% owned Fyre Lake Kona copper-gold-cobalt
massive sulphide deposit. 


In order to earn a 100% interest in the claims from True North, Pacific Ridge
will, subject to TSX Venture Exchange approval, make an initial payment of
$15,000 plus 250,000 Pacific Ridge shares and on or before January 31, 2014 will
pay an additional $10,000 and 150,000 shares. The agreement is not subject to
any underlying royalty interests.


The Kona copper-gold deposit has a NI 43-101 compliant resource that was
estimated in 2006 utilizing mineralized intersections from 114 drill holes. The
resource includes 3.6 million tonnes grading 1.57% copper, 0.61 grams per tonne
(gpt) gold and 0.10% cobalt in the indicated category plus an inferred 5.4
million tonnes grading 1.48% copper, 0.53 gpt gold and 0.08% cobalt. The deposit
remains open to expansion at depth. Deeper holes, drilled by Pacific Ridge,
intersected 5.6% copper and 2.5 gpt gold over 3.0 metres, 3.2% copper and 2.3
gpt gold over 5.7 metres and 6.1% copper and 0.7 gpt gold over 7.0 metres. The
property also hosts attractive geophysical targets adjacent to the Kona deposit
and along favourable stratigraphy that have not yet been drill tested. Company
management believes that the potential for new discoveries on the property is
excellent, including within the newly acquired claims.


Pacific Ridge has spent approximately $6 million in exploration on the Fyre Lake
property and is now considering joint venture participation with the objective
of increasing Kona tonnage through additional drilling.


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 Dr. Gerald 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]
www.pacificridgeexploration.com