Ridgestone to Deliver NI 43-101 Resource Estimate for Guadalupe y Calvo
Ridgestone to Deliver NI 43-101 Resource
Estimate for Guadalupe y Calvo
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Ridgestone Mining Inc. (
TSXV: RMI
)
(
OTCQB: RIGMF
) (
FSE: 4U5
) ("
Ridgestone
") is pleased to announce the engagement of Marc Jutras
of Ginto Consulting Inc. to prepare an independent National Instrument (NI) 43-101 mineral resource
estimate for the Guadalupe y Calvo (GyC) gold-silver project in Mexico. The resource estimate is being
prepared based on an extensive review of historical exploration results, including detailed sectional
interpretation, and is anticipated to be completed in the coming weeks.
Marc Jutras, P.Eng. M.A.Sc. is a highly experienced geostatistician with over 35 years of experience in
mineral resource modeling and estimation including holding senior roles with Barrick Gold Corp. and
Placer Dome Inc. Mr. Jutras founded Ginto Consulting Inc. in 2015, a firm specializing in the estimation
of mineral resources and reserves for mining projects at various stages of development. Previously, Mr.
Jutras was Director of Mineral Resources of Alamos Gold for six years (2009 - 2015) where he was
responsible for mineral resource and reserve estimation of the Mulatos mine in Mexico, the Agi Dagi /
Kirazli / Camyurt project in Turkey, the Esperanza project in Mexico, and other projects within Alamos'
portfolio. Mr. Jutras holds a Master's degree in Applied Sciences (M.A.Sc.) from Ecole Polytechnique of
Montreal and a Bachelor's degree in Geological Engineering (B.Eng) from University of Quebec in
Chicoutimi. Mr Jutras is a registered professional engineer in the provinces of British Columbia, Quebec
and Newfoundland.
Jonathan George, CEO, commented: "We are delighted to be forging ahead with our projects in Mexico
and to retain the services of Mr. Jutras and Ginto Consulting to work on a resource estimate for our GyC
project. Our technical team has been extensively reviewing the database of past exploration and are
highly encouraged about the opportunity for the property to host a significant resource. Marc brings a
wealth of experience in resource estimation and having specifically worked on a number of significant
projects in Mexico."
About Ridgestone Mining Inc.
Ridgestone is a Canadian mineral exploration company focused on its Guadalupe y Calvo (gold/silver)
and Rebeico (copper/gold) projects located in Mexico.
For further information, please contact:
Rad Rajaram - Manager Corporate Relations and Business Development
Telephone: 416-732-0604
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 differ 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 any ongoing drilling programs, timing of such programs, or
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.
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expectations, estimates and assumptions which may prove to be incorrect.
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uncertainties 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.
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Unpredictable or unknown factors not discussed
could also have material adverse effects on forward-looking statements.
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on a particular forward-looking statement is not determinable with certainty as such factors are
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the future considering all information then available.
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.