Ridgeline Minerals Provides Assay Results for the Black Ridge Gold Project, Nevada

Core Insights - Ridgeline Minerals Corp. has announced assay results for the Black Ridge Gold Project and provided an update on the Swift Gold Project, both located in Nevada, with a total potential earn-in expenditure of US $40 million from Nevada Gold Mines [1][2] Black Ridge Project - The Black Ridge Project has seen the completion of one deep core hole to a depth of 1,109 meters, aimed at testing lower-plate host rocks similar to those at the nearby Leeville Mine and Fallon gold deposit [3] - Nevada Gold Mines has incurred US $1,071,000 in qualifying work expenditures at Black Ridge as of November 30, 2025, with a minimum required expenditure of US $4,500,000 by July 14, 2028, to earn a 60% interest in the project [4][5] - The drilling intersected the Lower Plate Rodeo Creek formation at a vertical depth of 773 meters, which was shallower than expected, and returned a highlight intercept of 0.8 meters grading 0.113 g/t gold [4] Swift Project - The Swift Project has completed the second core tail out of five proposed holes for 2025, with assays pending for both completed holes [6] - Nevada Gold Mines has incurred US $14,789,000 in qualifying work expenditures at the Swift Project through September 30, 2025, and must spend a minimum of US $20,000,000 by December 31, 2026, to earn a 60% interest [7] - Drilling at the SW Swift target has previously yielded high-grade gold intercepts, with results from the current drilling expected in the spring of 2026 [6]