Ridgeline Minerals Corp.
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Ridgeline Minerals Reports 38.3 - 58.0 Million Tonne Silver-Gold Exploration Target at the Chinchilla Oxide Deposit, Selena Project
TMX Newsfile· 2026-02-12 13:00
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 Announces Drill Results and Provides Permitting Updates at the Swift Project, Nevada
TMX Newsfile· 2026-02-05 13:00
Core Insights - Ridgeline Minerals Corp. announced final assay results for core hole SW25-008 at the Swift gold project, indicating significant gold mineralization [1][2] - The exploration drill permit for the Swift Plan of Operations has been approved, allowing for advanced exploration activities [2][6] Exploration Results - Drillhole SW25-008 reached a total depth of 1,249.7 meters and intersected 115 meters of gold mineralization ranging from 0.2 to 1.5 grams per tonne (g/t), with a highlight intercept of 5.8 meters grading 1.5 g/t Au within a broader 33.7 meters grading 0.5 g/t Au [2][3] - The results expand the gold footprint at Swift and demonstrate the scale of the target, which is located in a region with multiple existing mines [2][6] Project Development - The approval of the Swift Plan of Operations permit is a significant milestone, allowing for up to 200 acres of exploration disturbance and optimized drill hole locations [2][6] - Nevada Gold Mines (NGM) has committed to a total of US $20 million in qualifying work expenditures for the project, with US $14.48 million already incurred through December 31, 2025, and an additional US $5.52 million planned through December 31, 2026 [2][9] Future Plans - Drilling is expected to begin in late Q1 2026, focusing on testing down-dip and along strike of the known mineralized corridor to target a higher-grade gold zone [6][8] - The 2025 exploration budget has been set at US $5.52 million to satisfy Phase 1 earn-in requirements and drill up to five deep core holes at Swift [6][8]
Ridgeline Minerals Provides Assay Results for the Black Ridge Gold Project, Nevada
Newsfile· 2025-12-11 13:00
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]
CEO.CA's Inside the Boardroom: Ridgeline Makes Massive Sulfide CRD Discovery at Its Selena Project
Newsfile· 2025-11-12 14:16
Core Insights - Ridgeline Minerals Corp. has made a significant sulfide CRD discovery at its Selena project, which is expected to enhance the company's growth potential and attract investor interest [5]. Company Overview - Ridgeline Minerals Corp. is listed on TSXV under the ticker RDG, OTCQB as RDGMF, and FSE as 0GC0, indicating its presence in multiple markets [5]. - The company is actively engaging with investors through platforms like CEO.CA, which serves as a community for discussions on junior resource and venture stocks [7]. Industry Context - CEO.CA is a leading investor social network focused on junior mining explorers, providing updates and insights that shape the future of the mining industry [2][4]. - The platform has been instrumental in connecting millions of investors globally, facilitating knowledge sharing and investment opportunities in the mining sector [3][7].
Ridgeline Minerals Drills Massive Sulfide CRD Discovery at the Chinchilla Sulfide Target, Selena Project, Nevada
Newsfile· 2025-11-04 12:30
Core Insights - Ridgeline Minerals Corp. announced a significant high-grade zinc-silver-gold-lead-copper-antimony massive sulfide carbonate replacement discovery at the Chinchilla Sulfide target within the Selena project in Nevada, marking a successful start to its maiden drill program [1][5][21] Drilling Results - Drill hole SE25-053 revealed multiple massive sulfide horizons, with notable intercepts including 1.1 meters grading 27.0% Zn, 60.1 g/t Ag, 1.5 g/t Au, 0.7% Pb, 0.4% Cu, and 0.03% Sb, equivalent to 766.4 g/t AgEq [1][7][9] - Another significant intercept in SE25-053 was 17.4 meters grading 6.0% Zn, 35.6 g/t Ag, 0.2 g/t Au, 0.5% Pb, 0.1% Cu, and 0.1% Sb, equivalent to 219.9 g/t AgEq [1][7][9] - The mineralization is characterized as classic CRD, with a primary metal assemblage of Sphalerite-Pyrrhotite-Pyrite-Galena-Chalcopyrite [5][7] Project Overview - The Selena project spans 39 square kilometers and is located in White Pine County, Nevada, approximately 64 km north of Ely [21][22] - The project is currently operated under Phase 1 of an earn-in agreement with South32 Limited, which may earn up to an 80% interest by fulfilling specific milestones [2][21] Future Plans - Drilling activities are set to continue through the end of the year, with regular updates expected as assay results are received [5][21] - The company aims to further delineate the potential of the Chinchilla Sulfide target, which is part of a larger kilometer-scale MT anomaly [5][7]
Ridgeline Minerals Corp. (RDG:CA) Presents at 2025 Precious Metals Summit - Beaver Creek - Slideshow (TSXV:RDG:CA) 2025-09-18
Seeking Alpha· 2025-09-18 23:32
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Ridgeline Minerals Intersects up to 1.8 g/t Oxide Gold in Maiden Drill Program at the Atlas Project, Nevada
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]
Midasco Capital Corp. Completes Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals
Thenewswire· 2025-07-31 16:00
Core Viewpoint - Midasco Capital Corp. has completed the acquisition of Spartan Exploration Nevada Corporation and has changed its name to Spartan Metals Corp, focusing on critical minerals projects in the Western United States [2][6]. Company Overview - Spartan Metals Corp. is now a Tier 2 mining issuer on the TSX Venture Exchange, with a new ticker symbol "W" expected to begin trading on or about August 5, 2025 [6]. - The company is focused on developing critical minerals projects, particularly in tungsten, rubidium, antimony, bismuth, and arsenic [14]. Acquisition Details - Midasco acquired 100% of Spartan, which holds 244 lode mineral claims in White Pine County, Nevada, known as the Eagle Property [2][3]. - The Eagle Property is recognized for its high-grade tungsten production, with historical operations reporting 8,352 tonnes of tungsten trioxide at average grades of 0.6-1.0% from 1917 to 1956 [3][15]. - As part of the acquisition agreement, Midasco issued 5,830,466 common shares to Ridgeline, representing 19.9% of Midasco's total shares [4][8]. Financial Terms - Ridgeline will receive additional shares on the one-year anniversary of the closing, capped at 5,000,000 shares or enough to maintain a 19.9% stake [4]. - Ridgeline has been granted a 1% net smelter return royalty on the Eagle Property and any additional ground staked within a 2-mile area of interest [5]. Regulatory and Compliance - The Midasco Shares issued to Ridgeline are subject to a four-month hold period and a 12-month transfer restriction [7]. - An early warning report will be filed with Canadian securities regulators following the acquisition [10].
Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada
Newsfile· 2025-07-30 12:00
Mill Creek Target Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada July 30, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the commencement of a 6,000-meter program at the Company's Swift gold project ("Swift" or "Project"), currently being operated under an explo ...
Midasco Capital Corp. Receives Conditional Acceptance for Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals and Announces New Director
Thenewswire· 2025-07-22 16:45
Core Points - Midasco Capital Corp. has received conditional acceptance from the TSX Venture Exchange for its acquisition of Spartan Exploration Nevada Corporation, a subsidiary of Ridgeline Minerals Corp. This acquisition is part of a proposed transaction and concurrent reactivation of Midasco's listing to become a Tier 2 mining issuer on the TSXV [1][2] - The company plans to change its name to "Spartan Metals Corp." and its ticker symbol to "W" upon closing the proposed transaction, which is expected to occur in July 2025 [2] - Midasco intends to appoint Kosta Tsoutsis to its Board of Directors, who has over 20 years of experience in finance and capital markets [3]