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Ridgeline Minerals Intersects up to 1.8 g/t Oxide Gold in Maiden Drill Program at the Atlas Project, Nevada
MTIMTI(US:MTX) Newsfile·2025-08-08 12:00

Core Insights - Ridgeline Minerals Corp. has announced assay results from its maiden drill program at the Atlas project in Nevada, confirming the potential for a significant gold deposit with grades up to 1.8 g/t gold [1][2][3] Company Overview - Ridgeline Minerals is a discovery-focused precious and base metal explorer with a 200 km² exploration portfolio across seven projects in Nevada, USA [16] - The Atlas project is 100% owned by the company and is an early-stage Carlin-Type oxide gold prospect with no underlying work commitments or royalties [1][15] Drill Program Highlights - The maiden drill program consisted of two core holes totaling 551 meters, targeting favorable Pennsylvanian to Permian age host rocks along a 1-kilometer trend of elevated gold-in-soils and rock chips grading up to 7.7 g/t Au [3][4] - Hole AT25-001 intersected 298 meters of continuous Carlin-Type alteration and mineralization, with individual samples showing up to 1.8 g/t gold [2][5] - Hole AT25-002, drilled approximately 700 meters north of AT25-001, also intersected significant mineralization but with weaker gold values overall [6][8] Geological Context - The Atlas project is located in Eureka County, Nevada, approximately 30 kilometers southwest of Carlin, NV, and exhibits classic Carlin-Type alteration and gold mineralization [15] - The primary target at Atlas is a bulk tonnage, oxide, Carlin-Type gold system, analogous to the nearby Dark Star gold deposit [15] Future Plans - The company plans to continue land consolidation and additional fieldwork throughout the remainder of the 2025 field season, with a goal of a Phase II drill program in 2026 to follow up on the current results [2][6]