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Yahoo
2 days ago
- Business
- Yahoo
Ridgeline Minerals Intersects up to 1.8 g/t Oxide Gold in Maiden Drill Program at the Atlas Project, Nevada
To view a summary of today's press release by Ridgeline CEO Chad Peters, click HERE Vancouver, British Columbia--(Newsfile Corp. - August 8, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to provide assay results for the maiden two-hole drill program at the Company's Atlas project, Nevada (Figure 1). Atlas is an early-stage Carlin-Type oxide gold prospect and is 100%-owned by the Company with no underlying work commitments or royalties. Details on the drill program are highlighted below. Mike Harp, Ridgeline's Vice President, Exploration commented, "We are pleased that our maiden drill program confirmed that our Atlas project exhibits both the scale and grade potential that's required to host a significant gold deposit. The first two drill holes at Atlas were completed in the northernmost section of a greater than four-kilometer gold trend. With a limited budget this year, our focus was testing the favourable Pennsylvanian to Permian age carbonate host rock section to confirm whether those host rocks showed evidence of a Carlin-Type gold system." Mr. Harp continues, "Both holes returned thick intercepts of anomalous oxide gold and Carlin-Type alteration, with hole AT25-001 exhibiting a stronger gold vector to the south than AT25-002. Hole AT25-001 intersected 298 meters of continuous Carlin-Type alteration and mineralization with elevated pathfinder elements, anomalous gold, and up to 1.8 g/t gold in individual samples." Mr. Harp concludes, "Mineralization at Atlas appears to be hosted within the same thick section of Pennsylvanian to Permian age host rocks that host Orla Mining's nearby Dark Star deposit. Our team interprets the first two holes as having intersected a low-grade gold and trace element halo that is typically associated with the outer margins of Carlin-Type gold deposits. We will continue to focus on land consolidation and additional field work throughout the remainder of the 2025 field season with the goal of a Phase II drill program in 2026 to follow up on these results." Drill Program HighlightsThe maiden program completed two core holes totaling 551 meters ("m") in the northern section of the Atlas land package. Drilling targeted favourable Pennsylvanian to Permian ("Penn-Perm") age debris-flow conglomerates, limestones, and siltstone host rocks along a roughly 1-kilometer ("km") trend of elevated gold-in-soils and rock chips grading up to 7.7 g/t Au (Figure 2). AT25-001 drilled to the east and down-dip of gold bearing and partially eroded Penn-Perm host rocks and intersected a highlight intercept of: 0.2 m grading 1.80 grams per tonne ("g/t") gold ("Au") and 2.10 g/t silver ("Ag") within 8.5 m grading 0.20 g/t Au and 0.52 g/t Ag starting at a true vertical depth ("TVD") of 80 meters (Figure 3 & Picture 1) Additional results include multiple 1.0 to 5.0-meter intercepts throughout the hole ranging from 0.1 to 0.5 g/t Au and 0.1- to 5.0 g/t Ag starting at 30m TVD Drilling also intersected high-grade silver intercepts within clay altered fault zones that returned 1.5m grading 75.1 g/t Ag and 0.5m grading 52.5 g/t Ag (Figure 3) The hole returned 297.9m grading 0.01 g/t Au, 0.41 g/t Ag and bottomed in anomalous Au mineralization AT25-002 was collared approximately 700m north of AT25-001 and drilled to the west towards the same gold bearing and partially eroded Penn-Perm host rocks and intersected a highlight intercept of: 5.9m grading 0.20 g/t Au and 2.43 g/t Ag starting at 124m TVD and; 2.6m grading 0.25 g/t Au and 2.59 g/t Ag within 9.8m grading 0.15 g/t Au and 2.20 g/t Ag starting at 182 m TVD (Figure 2) and; 1.4m grading 31.6 g/t Ag within a clay altered fault zone The top of AT25-001 intersected 106m of andesite (volcanic rocks) with the remainder of the hole drilling a partial section of Penn-Perm rocks that returned 147.6 m grading 0.01 g/t Au and 0.41 g/t Ag Geologic InterpretationBoth holes intersected a thicker than anticipated section of Penn-Perm debris-flow conglomerate host rocks (150-300m), which exhibited weak to strong Carlin-Type alteration and oxide mineralization throughout with both holes bottoming in oxide mineralization. Anomalous gold-silver and Carlin-type trace element pathfinders were observed throughout both drillholes with the highest values (up to 1.8 g/t Au and 75.1 g/t Ag) associated with strongly altered and mineralized Penn-Perm carbonate host rocks Compared to AT25-001, hole AT25-002 exhibited similar zones of widespread silicification, decalcification, and oxidation. However, AT25-002 returned weaker Au values overall Results from these two holes indicate a potential vector to the south where the intersection of a northeast and northwest trending fault corridor coincides with a kilometer-scale gold in soils and rock chip anomaly Figure 1: Ridgeline's 200-kilometer² exploration portfolio with Atlas located southwest of the Carlin Trend To view an enhanced version of this graphic, please visit: Figure 2: Plan view map of the Atlas project with Ridgelines 2025 drillholes testing the northern Atlas block To view an enhanced version of this graphic, please visit: QA/QC ProceduresSamples are submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a certified and accredited laboratory, independent of the Company. Independent check samples are sent to Paragon Geochemical Labs (PAL) of Sparks, Nevada. Samples are prepared using industry-standard prep methods and analysed using FA-PB30-ICP (Au; 30g fire assay) and ICP-5AM48 (48 element Suite; 0.5g 5-acid digestion/ICP-MS) methods at AAL and analysed using a photon assay (Au-Ag, 500g) at Paragon. AAL and Paragon also undertake their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed by the Company's Qualified Person, Michael T. Harp, Vice President, Exploration. The technical information contained in this news release has been prepared under the supervision of, and approved by Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" as defined under National Instrument 43-101 — Standards of Disclosure for Mineral Project. Figure 3: X-Section A-A' showing 297.7m of continuous Carlin-Type alteration and mineralization, which returned highlights intercepts grading up to 1.8 g/t Au and 75.1 g/t Ag in individual samples To view an enhanced version of this graphic, please visit: Picture 1: Core photos of AT25-001 showing variably altered, mineralized and pervasively oxidized debris flows and calcarenites of the Penn-Perm age Tomera Fm. To view an enhanced version of this graphic, please visit: Atlas ProjectAtlas is located in Eureka County, Nevada, approximately 30 kilometers southwest of the town of Carlin, NV. The property exhibits classic Carlin-Type alteration and gold mineralization within outcropping Pennsylvanian to Permian age carbonate to siliciclastic host rocks. The primary target at Atlas is a bulk tonnage, oxide, Carlin-Type gold system, which is analogous to the nearby Dark Star gold deposit (part of the greater Railroad Mining District), which is currently owned by Orla Mining and advancing towards mine development. The 100% owned Project is comprised of a total of six square kilometers of highly prospective exploration ground that has never been drill tested and will benefit from the Ridgeline teams' systematic approach to discovery. About Ridgeline Minerals Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at On behalf of the Board "Chad Peters" President & CEO Further Information:Chad Peters, President, CEO & Director Ridgeline Minerals Corp.+1 775 304 9773cpeters@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release Cautionary Note Regarding Forward-Looking StatementsStatements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the anticipated benefits of the Earn-In Agreement and the transaction contemplated thereby. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that TSX Venture Exchange approval will be granted in a timely manner subject only to standard conditions; the current objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events To view the source version of this press release, please visit Sign in to access your portfolio
Globe and Mail
30-07-2025
- Business
- Globe and Mail
Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (" Ridgeline" or the " Company") is pleased to announce the commencement of a 6,000-meter program at the Company's Swift gold project ("Swift" or "Project"), currently being operated under an exploration earn-in agreement with Nevada Gold Mines ("NGM") (Figure 1). NGM has approved a 2025 exploration budget of up to US $5,000,000. The drill program will build off the success of the 2024 framework drilling campaign where both holes delivered significant gold intercepts in the SW Swift target area including 1.1 meters ("m") grading 10.4 grams per tonne ("g/t") gold ("Au") within 2.7m grading 7.0 g/t Au in SW24-006 and 24.7m grading 0.5 g/t Au in SW24-007 (see November 7, 2024 PR HERE). Chad Peters, Ridgeline's President, CEO & Director commented, "Swift continues to be a core asset in our exploration portfolio and represents just under 50% of our $11M exploration budget in 2025. The Nevada Gold Mines teams' systematic approach to deep exploration at Swift yielded the first ever high-grade gold intercept in our 2024 program, and we are very excited to see the results of this aggressive drill campaign in 2025." SW Swift Target Four of the five holes are planned to test along strike of previous high-grade gold intercepts (up to 1.1m grading 10.4 g/t Au in SW24-006) at the projected intersection of cross cutting fault zones (i.e., fluid conduits) where they intersect a modeled fold hinge (i.e., fluid trap), on the hanging wall side of the Mill Creek thrust (Figure 2). Mill Creek Target The fifth hole will step several kilometers to the north of SW Swift and test favourable Wenban formation (primary Cortez District host rock) limestones along the hanging wall side of the Mill Creek thrust. Historical drilling in the Mill Creek area intersected up to 3.0m grading 2.1 g/t Au within 18.3m grading 0.6 g/t Au (Figure 2). For a complete table of Swift assay results click HERE To view Long Section A-A' click HERE NGM has incurred a total of US $10,869,000 in qualifying work expenditures at the Project through June 30, 2025, and must spend a minimum of US $20,000,000 in qualifying work expenditures by December 31, 2026, to earn an initial 60% interest in the Project (see September 22, 2021 press release HERE) Figure 1: Plan view map of the Cortez District showing the location of the Swift project and NGM's 2024 drill holes SW24-006 and SW24-007 (white stars) within a broader 4 square kilometer Au footprint (red) To view an enhanced version of this graphic, please visit: Figure 2: Zoomed in plan view map of the Swift property showing prospective mineralized corridors to be drill-tested in 2025 at the SW Swift and Mill Creek target areas To view an enhanced version of this graphic, please visit: Swift Earn-In Terms NGM retains the right to earn an initial 60% interest in the Swift project (see September 22, 2021 press release HERE) over an initial five year term by incurring a minimum of US $20.0 million in qualifying work expenditures. NGM retains the option to increase its interest up to 70% by incurring an additional US$10.0 million in qualifying work expenditures before December 31, 2029. Within 90 days of a joint venture decision to proceed with development and construction of a mine and/or related processing facilities on Swift, NGM will have a one-time option to elect to provide, or arrange for third-party, financing of Ridgeline's portion of debt financing required for the development in consideration, in either case, for an additional 5% interest in the project for a total of 75% (or 65% if the second option was not exercised). QAQC Procedures Samples are submitted to ALS Minerals, Elko Nevada, which is a certified and accredited laboratory, independent of Nevada Gold Mines. Samples are prepared using industry-standard prep methods and analysed using Au-AA23 (Au; 30 g fire assay) and ME-MS61 (48 element Suite; 0.25 g 4-acid digestion/ICP- MS) methods. ALS also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Nevada Gold Mines QAQC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed internally by Nevada Gold Mines technical personnel. Technical information contained in this news release has been prepared under the supervision of, and approved by, Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. About Ridgeline Minerals Corp. Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km 2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project totaling up to US $60 million in combined partner-funded exploration expenditures. More information about Ridgeline can be found at On behalf of the Board "Chad Peters" President & CEO Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release Cautionary Note regarding Forward Looking Statements Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the assay results for core hole SW24-004 and the potential significance thereof. The words "potential", "anticipate", "meaningful", "significant", "pending", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Swift project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Yahoo
17-07-2025
- Business
- Yahoo
Ridgeline Minerals Announces Correction Notice for Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is announcing an update to the notice of meeting and information circular of Ridgeline in connection with its upcoming annual general meeting scheduled for August 12, 2025 (the "Amended AGM Materials"). The Company has addressed a typographical error in the Amended AGM Materials regarding the record date, confirming it as July 3, 2025. Shareholders are advised to access the Amended AGM Materials under the Company's profile on SEDAR+ and the Company's website About Ridgeline Minerals Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at On behalf of the Board "Chad Peters" President & CEO Further Information:Chad Peters, CEO & DirectorRidgeline Minerals Corp.+1 775 304 9773cpeters@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Note regarding Forward-Looking StatementsStatements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. To view the source version of this press release, please visit
Yahoo
03-06-2025
- Business
- Yahoo
Ridgeline Minerals Sells Tungsten and Critical Metals Project to Midasco Capital Corp.
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") and Midasco Capital Corp. ("Midasco") (TSXV: MGC.H) are pleased to announce that they have entered into an arm's length share purchase agreement dated June 2, 2025 (the "Agreement") pursuant to which Midasco will acquire 100% of the shares in Spartan Exploration Nevada Corporation ("Spartan"), a wholly owned subsidiary of Ridgeline (the "Proposed Transaction"). Spartan holds 244 lode mineral claims located in White Pine County, Nevada which are referred to as the Eagle Property ("Eagle" or the "Property"), which were acquired via staking in 2024 (Figure 1). The Eagle Property is a Tungsten-Copper porphyry and skarn system which hosts one of the highest-grade past producing Tungsten districts in the United States with the Tungstonia (Figure 2) and Rees (Figure 3) mine operations producing a reported 8,352 Metric Ton Units ("MTU") of Tungsten trioxide ("W03") at average grades of 0.6-1.0% between 1917-1956¹. The Property also exhibits significant concentrations of Rubidium ("Rb") - Copper ("Cu") - Silver ("Ag") - Antimony ("Sb") as well as lesser Lead ("Pb") and Zinc ("Zn"), which is interpreted as part of the larger metal zonation pattern of the porphyry system across the district. Chad Peters, Ridgeline's President & CEO, commented, "We staked the Eagle Property in early 2024 and management has completed a thorough assessment of our options to maximize the value of this unique asset for Ridgeline shareholders. The Eagle property is one of the highest-grade past producing Tungsten districts in the United States and with the increase in critical mineral requirements in the US, we believe that Eagle would best be served in a standalone public company that will focus on critical minerals exploration and development." Mr. Peters continues, "Ridgeline will remain focused on advancing its 100%-owned precious and base metal exploration portfolio while also supporting the Company's partnerships with South32 and Nevada Gold Mines. We are pleased to become Midasco's largest shareholder as we seek to create shareholder value through discovery and this transaction adds another element to our growing portfolio." William Pettigrew, CEO of Midasco, stated, "After reviewing numerous exploration projects, Midasco is pleased to have entered into an agreement with Ridgeline to acquire the Eagle Property, which exhibits significant exploration potential and will become our flagship asset moving forward." The terms of the Agreement include: Subject to TSX Venture Exchange approval, Midasco will issue common shares (the "Consideration Shares") to Ridgeline as follows: At the time of closing, 5,830,466 Consideration Shares representing 19.9% of Midasco's total issued and outstanding shares; and On the one-year anniversary of the closing date, Consideration Shares equal to the lesser of: (i) 5,000,000; and (ii) such number of Consideration Shares as would result in Ridgeline's holding 19.9% of Midasco's total issued and outstanding shares. Ridgeline will also be granted a 1% net smelter return royalty on the Property as well as on any additional ground staked within a 2-mile area of interest around the Property. In connection with the Proposed Transaction, Midasco intends to apply to the TSX Venture Exchange (the "Exchange") for a reactivation of its listing to become a Tier 2 mining issuer on the TSXV (the "Reactivation"). In addition, it is anticipated that Midasco will change its name to "Spartan Metals Corp." and concurrently change its ticker symbol, all in accordance with Exchange policies and subject to prior Exchange approval. No finders' fees are payable in connection with the Proposed Transaction. The Consideration Shares issued on the closing date will be subject to a four-month hold period in accordance with applicable securities laws. In addition, the Consideration Shares will be subject to a contractual restriction on transfer for a period of 12 months from the date of closing, with 1/12th of the securities being released to Ridgeline on each one-month anniversary of the closing date, subject to acceleration at the sole discretion of the Company. The Proposed Transaction and Reactivation remain subject to Exchange acceptance. Figure 1: Map showing the location of the Rees and Tungstonia claim blocks, which collectively form the Eagle Project To view an enhanced version of this graphic, please visit: Figure 2: Plan view map of the Tungstonia claim block highlighting the historical past producing Tungstonia Mine (Veins 1-5). Significant potential remains to expand Veins 1-5 along strike and down-dip To view an enhanced version of this graphic, please visit: Figure 3: Plan view map of the Rees claim block highlighting the historical past producing Rees (W-Ag) and Antelope (Cu-Ag±Sb) mines. High-grade Cu-Ag-Sb at Antelope associated with Tetrahedrite mineralization To view an enhanced version of this graphic, please visit: *Grab samples are selected samples and may not represent true underlying mineralization. QA/QC Procedures Samples are submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a certified and accredited laboratory, independent of the Company. Independent check samples are sent to Paragon Geochemical Labs (PAL) of Sparks, Nevada. Samples are prepared using industry-standard prep methods and analysed using FA-PB30-ICP (Au; 30g fire assay) and ICP-5AM48 (48 element Suite; 0.5g 5-acid digestion/ICP-MS) methods at AAL and analyzed using a photon assay (Au-Ag, 500g) at Paragon. AAL and Paragon also undertake their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed by the Company's Qualified Person, Michael T. Harp, Vice President, Exploration. The technical information contained in this news release has been prepared under the supervision of, and approved by Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Project. About Ridgeline Minerals Corp. Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at On behalf of the Board of Ridgeline"Chad Peters" President & CEO Further Information: Chad Peters, President, CEO & Director Ridgeline Minerals Corp.+1 775-304-9773cpeters@ On behalf of the Board of Midasco"William Pettigrew" CEO Further Information: William PettigrewChief Executive OfficerMidasco Capital Corp.+1 604-313-8585wcpettigrew@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Note Regarding Forward-Looking Statements Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the anticipated benefits of the Earn-In Agreement and the transaction contemplated thereby. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline and Midasco have applied several material assumptions, including, but not limited to, assumptions that TSX Venture Exchange approval for the Proposed Transaction and the Reactivation will be granted in a timely manner subject only to standard conditions; the current objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline or Midasco to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline and Midasco's public disclosure record. Although Ridgeline and Midasco have attempted to identify important factors that could affect them and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, neither Ridgeline nor Midasco assumes any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Source¹: NBMG Open File Report 91-1 To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
CEO.CA's Inside the Boardoom: Major Partnerships and Wholly-Owned Projects, Inside Ridgeline's Non-Stop 2025 Drilling Campaign
Toronto, Ontario--(Newsfile Corp. - April 24, 2025) - (" the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. As a media partner at investor events around the world, provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy. Meet the Executives Shaping the Mining Landscape We caught up with Chad Peters, President & CEO of Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) to discuss their "hybrid explorer" strategy that secures major funding from South32 and Nevada Gold Mines on three of their highly prospective projects while also advancing their 100% owned projects with potential for significant oxide gold and copper discoveries in overlooked Nevada districts. Drills are turning between now and the rest of the year on all their projects - so lots of news to follow. Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) Cannot view this video? Visit: Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: Email: hello@ Website: Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. 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