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Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0), a precious and base metal explorer, is making significant strides in its exploration projects. The company recently concluded the sale of the Robber Gulch oxide gold project to Scout Discoveries Corp. In 2024, Ridgeline plans to spend up to US $5.5 million on exploration, with the focus on its Swift and Black Ridge projects, which are funded by Nevada Gold Mines. The Swift project will see additional framework drilling, while field mapping and sampling programs are underway at the Black Ridge project. Moreover, a 3D Induced Polarization survey is planned at the Big Blue project, and the Selena project is awaiting final permitting for advanced exploration. With a robust exploration portfolio and strategic partnerships, Ridgeline continues to drive its exploration efforts.
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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.
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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.
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Ridgeline Minerals Corp. announces results from the first two core holes of its drill program at the Selena project in Nevada.
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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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Ridgeline Minerals expands Big Blue property by 33%. Fokus Mining reports gold results on all recent drill holes. Biosenta builds on partnership with AMPAK. ARway.ai lands a contract with second largest academic institution in Turkey.
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Ridgeline Minerals Corp. expands Big Blue project in Nevada with 141 new claims, now totaling 502 claims and 10,168 acres. Potential for porphyry copper and CRD style polymetallic discoveries. No work commitments or royalty obligations. Maiden drill program planned for 2024.
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Ridgeline Minerals Corp. acquires historical exploration database for the Big Blue project in Nevada, saving time and exploration capital. Potential targets include porphyry sources and a six-kilometer-long target area. Limited historical drilling did not adequately test geophysical anomalies beneath copper mineralization. Maiden drill campaign planned for 2024.
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Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) announces that Nevada Gold Mines LLC has mobilized a drill rig to the Swift Gold Project. Nevada Gold Mines will incur a minimum of US$20 million in qualifying work expenditures over an initial five-year term to earn an initial 60% interest in Swift. The proposed drill program will target the intersection of low-angle structures and favorable lower plate carbonate host rocks, providing key litho-structural information between historical drill intercepts.
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FAQ
What is the current stock price of Ridgeline Minera (RDGMF)?
The current stock price of Ridgeline Minera (RDGMF) is $0.13 as of February 25, 2025.
What is the market cap of Ridgeline Minera (RDGMF)?
The market cap of Ridgeline Minera (RDGMF) is approximately 11.1M.
What recent project did Ridgeline Minerals Corp conclude with Scout Discoveries Corp?
Ridgeline Minerals Corp recently concluded the sale of the Robber Gulch oxide gold project to Scout Discoveries Corp.
What is the exploration budget for Ridgeline Minerals Corp in 2024?
Ridgeline plans to spend up to US $5.5 million on exploration in 2024.
Which projects are being funded by Nevada Gold Mines?
The Swift and Black Ridge projects of Ridgeline Minerals Corp are being fully funded by Nevada Gold Mines.
What are the key focus areas for the Swift project in 2024?
The Swift project will see additional framework drilling in 2024.
What activities are ongoing at the Black Ridge project?
Field mapping and sampling programs are currently underway at the Black Ridge project.
What survey is planned at the Big Blue project?
Ridgeline Minerals Corp plans to conduct a 3D Induced Polarization survey at the Big Blue project.
What is the current status of the Selena project?
The Selena project is awaiting final permitting for advanced exploration.
What strategic partnerships does Ridgeline Minerals Corp have?
Ridgeline Minerals Corp has strategic partnerships with Nevada Gold Mines to drive its exploration efforts.
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