Ridgestone Acquires Las Pilas Rare Earth Property
RIDGESTONE MINING INC. [email protected]
503 – 905 West Pender Street, Vancouver, BC V6C 1L6 www.ridgestonemining.com
TSX.V: RMI
OTCQB: RIGMF
FRA: 4U5
RIDGESTONE ACQUIRES LAS PILAS RARE EARTH PROPERTY
VANCOUVER, BC / December 31, 2025 / Ridgestone Mining Inc. (TSX.V: RMI) (OTCQB: RIGMF)
(FRA:4U5) ("Ridgestone" or the "Company") is pleased to announce it has acquired via Option
Agreement the Las Pilas Project (the “Las Pilas” or “the Project”) in southern British Columbia, Canada,
for the purpose of exploring for Rare Earth and other Critical Minerals.
Las Pilas Property Option Agreement
In order to acquire a 100% interest in the Pro ject, the Company must pay $2 0,000 and issue 200,000
common shares to the owners at a deemed price of $0.105 per share upon regulatory approval. The shares
will be subject to a four month and one day hold period from issuance. In order to exercise the option, the
Company must pay an additional $300,000, issue an additional 300,000 shares, and incur a minimum of
$600,000 in exploration expenditures on the Property over three years. The option is subject to a 2% n et
smelter returns interest in favour of the owners. The Company may purchase half of the 2% NSR royalty
for a one-time payment of $1,000,000. The agreement is subject to TSX Venture Exchange acceptance for
filing.
About the Las Pilas Property
The Las Pilas Project consists of two mineral claims totalling 1,202 .02 hectares and an additional seven
mineral title applications covering an additional 4,236.81 hectares. The Project is located in the
Greenwood–Grand Forks area of south-central British Columbia within the historical Greenwood Mining
District. The project encompasses the Rock Candy Creek fluorite occurrence and adjacent structurally
permissive terrain. The historically mined fluorite occurrence associated with the Las Pilas Project is hosted
along a fault structure that trends through the Rock Candy Creek area and extends northward toward
Kennedy Creek and Fluorine Lake. While the historical mine workings are not located directly within the
active Rock Candy Creek drainage, they are developed on the same fault system, which is locally offset
and variably expressed along st rike. The Las Pilas Project captures this structural corridor and adjacent
lithologic units considered permissive for hydrothermal mineralization related to Eocene extension and
magmatism.
Rock Candy Creek / Fluorine Lake fault system represents a historically mined fluorite occurrence where
small-scale operations exploited high-grade mineralization from structurally controlled veins and breccias.
Historical production confirms the presence of an effective hydrothermal system.
For further information, please contact:
Brian Goss, President
Telephone: 775-340-2395
Email: [email protected]
This news release contains forward -looking statements or information (collectively referred to herein as "forward -looking statements"). Such
statements are subject to risks and uncertainties that may cause actual results, performance or developments to di ffer materially from those
contained in the statements and are not guarantees of future performance of the Company. In this news release, such statements include, but are
not limited to, the Company’s potential exercise of the option regarding the Las Pil as Project, regulatory acceptance of the Project, anticipated
exploeration on the Project, and exploration results. No assurance can be given that any of the events anticipated by the forward-looking statements
will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current
views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties
RIDGESTONE MINING INC. [email protected]
503 – 905 West Pender Street, Vancouver, BC V6C 1L6 www.ridgestonemining.com
TSX.V: RMI
OTCQB: RIGMF
FRA: 4U5
could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including those described in
the Company's regulatory filings available on www.sedar.com. Should one or more of these risks or uncertainties materialize, or should any of the
Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward -looking
statements. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive. Unpredictable or unknown
factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-
looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course o f action would
depend on its assessment of the future considering all information then available. All forward-looking statements in this news release are expressly
qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward -
looking statements should circumstances or management's estimates or opinions change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.