Core Viewpoint - Ridgeline Minerals Corp. has announced a Mineral Exploration Target for the Chinchilla Oxide deposit at the Selena project in Nevada, indicating significant potential for silver, gold, lead, and zinc resources, with an estimated 38.3 to 58.0 million tonnes of mineralized material [1][4][7]. Exploration Target Details - The exploration target is estimated to contain mineralized material grading between 39.8 - 52.0 grams per tonne (g/t) Ag, 0.12 - 0.15 g/t Au, 0.42% - 0.55% Pb, and 0.40% - 0.51% Zn [1][4][11]. - The Chinchilla Oxide zone remains open for expansion along strike and down-dip, with additional drilling required to complete a NI 43-101 compliant maiden resource estimate [4][7]. Drilling Results - Significant drill intercepts include: - SE22-045: 32.5 m grading 153.42 g/t Ag, 0.09 g/t Au, and 4.1% Pb-Zn, with a notable inclusion of 0.7 m grading 1,347.73 g/t Ag [6]. - SE23-047: 60.7 m grading 69.8 g/t Ag, 0.4 g/t Au, and 1.8% Pb-Zn [6]. - SE21-025: 44.2 m grading 123.2 g/t Ag, 0.1 g/t Au, and 2.1% Pb-Zn [6]. Project Overview - The Selena project covers 39 square kilometers and is located in White Pine County, Nevada, approximately 64 km north of Ely [15]. - The project is currently operated under an earn-in agreement with South32, which may earn up to an 80% interest by fulfilling specific commitments [11][15]. Future Strategy - The company plans to continue drill testing the Chinchilla Sulfide discovery to better understand the potential scale and grade of the sulfide system, which will aid in assessing the overall resource potential of the Selena project [3][4].
Ridgeline Minerals Reports 38.3 - 58.0 Million Tonne Silver-Gold Exploration Target at the Chinchilla Oxide Deposit, Selena Project