Ridgeline Minerals Commences Drill Program at the Selena Project, Nevada
Ridgeline Minerals Commences Drill Program
at the Selena Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - Ridgeline Minerals Corp.
(TSXV: RDG)
(OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce that the
Company's Phase V drill program at the Selena project ("Selena") commenced on May 2, 2022. Selena
is a silver ("Ag")-gold ("Au")-lead ("Pb")-zinc ("Zn") carbonate replacement ("CRD") style discovery
located in White Pine County, Nevada. The Phase V program will drill up to 8 holes (5,500m) and test
the conceptual CRD and Skarn targets located down-dip and to the west of the Company's original
shallow-oxide, Ag-Au ± Pb-Zn discovery (
Figure 1
&
Figure 2
). Samples are delivered directly to the lab
from site and assay results will be announced as they are received.
Mike Harp, Ridgeline's Vice President, Exploration, commented, "We've spent almost a year putting
together the porphyry zonation model at Selena and our team is excited to finally be testing the
conceptual CRD and Skarn targets. We believe this program will confirm the district-scale exploration
potential at Selena with multiple targets still to be tested across the 39 square kilometer property."
Selena Project
Selena is located in White Pine County, Nevada, approximately 64 kilometers ("km") north of the town of
Ely, NV, and 25 km southeast of the Kinross owned and operated Bald Mountain Gold Mine. The 100%
owned Selena project is comprised of 39 square kms of highly prospective exploration ground including
Ridgeline's 2020 Ag-Au ± Pb-Zn discovery. Drilling in 2021 highlighted the potential to target high-grade
CRD type mineralization (Ag-Au-Pb-Zn ±Cu) between Ridgeline's original discovery and the Butte Valley
Cu-Au-Ag porphyry located directly west of the property.
(View the Selena VRIFY Deck Here)
Figure 1
:
iView2 Magnetics map (RTP tilted derivative map) highlights thrust faults and coincident
magnetic "lows" associated with shallow-oxide Ag-Au-Pb-Zn mineralization at the original Selena
Discovery. The Phase V drill program will target sulfide CRD mineralization within similar magnetic
"lows" under shallow cover to the west.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7298/123552_2830db87647c8886_002full.jpg
Figure 2
: Conceptual long section A-A' showing the proposed CRD target being tested in the Phase V
program with SE22-037 in-progress. Magnetics survey highlights structurally controlled magnetic "lows"
which correlate closely with 3D inversion isosurfaces in the CRD target area.
To view an enhanced version of this graphic, please visit:
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QAQC Procedures
Samples are submitted to Paragon Geochemical Assay Laboratories (PAL) of Sparks, Nevada, which
is a certified and accredited laboratory, independent of the Company. Samples are prepared using
industry-standard prep methods and analysed using AU-OES30 (Au; 30 g fire assay AQR digest) and
34MA-OESm (35 element Suite; 0.5 g 4-acid digestion/ICP-MS; + 10 ppb Hg) methods. PAL also
undertakes its 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.
Technical information contained in this news release has been reviewed and approved by Michael T.
Harp, CPG. the Company's Vice President, Exploration, who is Ridgeline's Qualified Person under
National Instrument 43-101 and responsible for technical matters of this release.
About Ridgeline Minerals Corp.
Ridgeline is a discovery focused gold-silver explorer with a proven management team and a 163 km²
exploration portfolio across five projects in Nevada and Idaho, USA. More information about Ridgeline
can be found at
www.RidgelineMinerals.com
.
On behalf of the Board
"Chad Peters"
President & CEO
Further Information:
Chad Peters, P.Geo.
President & CEO
Ridgeline Minerals Corp.
1-866-RDG-NVAU (734-6828) - toll free |
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in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
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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
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Agreement and the transaction contemplated thereby. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe",
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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
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delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public
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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.
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