Ridgeline Minerals Provides Drill Program Updates for the Big Blue and Atlas Projects
Ridgeline Minerals Provides Drill Program
Updates for the Big Blue and Atlas Projects
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Ridgeline Minerals Corp. (TSXV: RDG)
(OTCQB: RDGMF) (FSE: 0GC0) ("
Ridgeline
" or the "
Company
") is pleased to provide updates for
maiden drill programs at the Big Blue and Atlas exploration projects (
Figure 1
). Both projects are 100%-
owned by the Company with no underlying work commitments or royalties. The Big Blue (Porphyry Cu-
Au) drill program is nearing completion after which the core rig will be moved to the Atlas (Carlin-Type
oxide Au) project. Details on each drill program are highlighted below.
Big Blue
The Company completed two deep core holes drilling from the western flank of the Delker Butte mine
trend to test both high-grade Cu-Au skarn and potential porphyry Cu-Au targets at depth
Upon completion of the first two holes, Ridgeline decided to add a third hole drilling back from the
east side of the mine trend (
Figure 2
)
Based on the first two holes, the Company believes drilling from the east side of the Delker
trend will intersect the high-grade Cu-Au skarn target at a more favourable orientation
Hole #3 is expected to be complete over the next 7-10 days with assays for the entire program to
be released together in late June
Atlas
The maiden drill program at Atlas will start with an initial 3-hole (500 meters) program targeting shallow
oxide, Carlin-Type gold mineralization in the north block of the Atlas property, which highlights the
strongest gold in soil and surface rock chip grades across the property (
Figure 3
)
Pending results of the first three holes the Company may decide to expand the program to 5-6
holes
The Company has staked an additional thirteen (13) BLM lode claims to consolidate all available
BLM claims in the South Block of the property
Mike Harp, Ridgeline's Vice President, Exploration commented, "We have encountered some difficult
drill conditions at depth in our third hole at Big Blue, which has put us a few weeks behind schedule.
However, production is back on track, and over the next few weeks we expect to fully test the high-
grade copper skarn target horizon that is the interpreted feeder to the historical copper mines at
surface."
Mike Harp continues "We are excited to get this last hole complete before heading over to Atlas where
we will test the outcropping oxide gold system in the north block, which exhibits many geologic
similarities to the nearby Dark Star deposit, a multi-million-ounce Carlin-Type gold deposit currently
being developed by Orla Mining."
Figure 1
: Ridgeline's 200-kilometer² exploration portfolio in Nevada. The 100%-owned Big Blue and
Atlas projects will both see maiden drill programs completed in Q2, 2025
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/252218_94cbcce4646f0a41_002full.jpg
Figure 2
: Plan view map of the Big Blue project showing the location of holes BB25-001 to BB25-003
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/252218_94cbcce4646f0a41_003full.jpg
Figure 3
: Plan view map of the Atlas project showing historical soil contours and rock chips over a 3 +
kilometer oxide gold trend. Note the Phase I drill pads (green circles), which will test the highest-grade
rock chip samples (up to 7.7 g/t Au) in the North Block
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/252218_94cbcce4646f0a41_004full.jpg
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. AAL 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.
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
Big Blue Project
Big Blue is located in Elko County, Nevada, approximately seventy-five kilometers ("km") southeast of
the city of Elko, NV. The Project includes the past producing Delker Mine, which historically produced
94,434 pounds of copper at an average grade of 6.2% between 1916-1917
14
from structurally controlled
skarn deposits outcropping between the Delker and Skarn Hill mines. The property shares its southern
boundary with Reyna Silver's Medicine Springs Ag-Pb-Zn Carbonate Replacement ("CRD") project and
had seen limited modern exploration in over a century until Ridgeline staked the property in 2023. The
primary target at Big Blue is porphyry-skarn Cu-Au ± Ag-Mo mineralization, with potential to discover
polymetallic, carbonate replacement deposit (CRD) style mineralization as the system zones outward
over 6+ kms of untested strike towards the Medicine Springs project. Big Blue is 100% owned by the
Company and is comprised of a total of fifty square kilometers of highly prospective exploration ground.
Atlas Project
Atlas 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 (view the Ridgeline Corporate Deck
HERE
)
.
Investor Relations Agreements
The Company has entered into an agreement with Triomphe Holdings Ltd. (dba Capital Analytica)
("Capital Analytica") for investor relations and communication services. The agreement with Capital
Analytica (the "Capital Analytica Agreement") has an initial term of six months, commencing June 1,
2025, under which the Company will pay Capital Analytica up to CAD $120,000. The services to be
provided under the Capital Analytica Agreement include ongoing capital markets consultation, ongoing
social media consultation regarding engagement and enhancement, social sentiment reporting, social
engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and
other related investor relations services. Jeff French is the principal of Capital Analytica and will be
responsible for all activities related to the Company. Capital Analytica currently has no direct or indirect
interest in the securities of the Company, or any right or intent to acquire such an interest. The Capital
Analytica Agreement is subject to TSX Venture Exchange approval.
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. 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 & Director
Ridgeline Minerals Corp.
+1 775 304 9773
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 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
https://www.newsfilecorp.com/release/252218