RIDGELINE MINERALS CORP - RDGMF STOCK NEWS

Ridgeline Minerals Corp. announces the sale of the Robber Gulch oxide gold project to Scout Discoveries Corp. The transaction was completed for US$150,000, with Scout acquiring 100% of Ridgeline's interest. The project consists of 117 lode mining claims in Idaho with early-stage Carlin-Type gold exploration potential.

Ridgeline Minerals Corp. announces results of expanded high-resolution drone magnetics geophysical survey at Selena CRD Project in Nevada, revealing new porphyry anomaly and potential mineralization sources. The survey enhances the structural resolution and extends high-priority targets, indicating significant discovery potential.

Ridgeline Minerals Corp. announces an Agreement with Scout Discoveries Corp. to acquire 100% interest in the Robber Gulch gold project for US$150,000. The Project consists of 117 mining claims in Idaho with Carlin-Type gold potential. Ridgeline will receive cash and securities in the Transaction, recouping 2023 holding costs while retaining future upside.

Ridgeline Minerals Corp. provides an update on 2024 exploration programs for the Swift and Black Ridge projects operated under separate earn-in agreements with Nevada Gold Mines. A total of US $7.5 million has been spent across both projects through December 31, 2023, with an additional US $5.2 million to be spent in 2024. The Company's President, CEO & Director, Chad Peters, expressed satisfaction with the progress and significant exploration dollars going into the ground in 2024. NGM's 2024 exploration budget includes up to US $5.0 million for the Swift project and up to US $200,000 for the Black Ridge project. The Swift project will focus on framework drilling, while the Black Ridge project will support a maiden drill program in 2025. NGM has incurred qualifying work expenditures on both projects, with specific details on the drilling plans and priority targets provided for the Swift project. The earn-in terms for both projects were also outlined, providing insights into NGM's right to earn an initial 60% interest in each project by incurring minimum qualifying work expenditures.

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) is pleased to announce the remaining results from the Company's five (5) hole, 2,034 meter drill program at the Selena project, Nevada. Results from the Upper Chinchilla zone returned broad intercepts of silver, lead, zinc, and gold with individual assays grading up to 795 grams per tonne Ag, 25% Pb, 2% Zn, 0.3 g/t Au, further supporting the high-grade tenor of the original Chinchilla zone discovery. The confirmation of stacked mineralized horizons beneath the high-grade Chinchilla Oxide zone is a significant development for the project, potentially increasing the tonnage potential across all target areas. The lateral metal zonation observed across the Chinchilla Oxide zone continues to support the interpretation that the project is within the outer oxide rind of a potentially much larger CRD system that is zoning back towards the Butte Valley copper porphyry. The Chinchilla Sulfide target, located down-dip of the oxide zone, exhibits the potential scale and proximity to the porphyry source to host a major sulfide discovery within the greater CRD footprint already defined at Selena.

Ridgeline Minerals Corp. (RDG) has announced the completion of its 2023 diamond core drill program at its Selena silver-lead-zinc-gold carbonate replacement exploration project in Nevada. The program targeted shallow-oxide CRD mineralization in the Upper Chinchilla Zone and tested for stacked mineralization at depth. Drill samples have been submitted for analysis, and assay results are expected in December 2023. Previous drill results have shown high-grade mineralization, and the company looks forward to updating shareholders as assays are received.

Ridgeline Minerals Corp. announces results from the first two core holes of its drill program at the Selena project in Nevada.

Ridgeline Minerals Corp. provides update on ongoing drill program at Selena Project in Nevada. Drill hole SE23-046 was lost due to difficult drilling conditions, but assays of truncated upper zone returned 7.3m grading 64.2 g/t Ag, 0.8% Pb, 2.9% Zn and 0.1 g/t Au. Drill hole SE23-047 intersected a thick zone of oxide mineralization. Core program running behind schedule due to mechanical delays. Four more holes to complete with results to be released throughout the program.

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