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Ridgeline Minerals Completes Phase II Drill Program at the Selena Gold Project, Nevada
Vancouver, Canada, August 27, 2020 – Ridgeline Minerals Corp. (“Ridgeline” or the “Company”) (TSX-V: RDG) is pleased to announce that it has completed its Phase II drill program at the Selena Gold Project in White Pine County, Nevada. Ridgeline’s originally planned 1,000 meter (“m”) Phase II program was increased to 1,155m (Table 1.0) in order to further test the high-priority Juniper fault zone that has the potential to connect the Chinchilla and Juniper target areas over a 1.5 kilometer strike length (Figure 1.0). All drill samples have been submitted to Paragon Geochemical Labs for analysis and will be released upon receipt of all assays.
Mike Harp, Ridgeline’s Vice President, Exploration commented, “We are pleased with the completion of our Phase II scout drill program on schedule. We tested both the Chinchilla and Juniper targets at the favorable Pilot Shale contact and observed a strong correlation between alteration intensity and proximity to the northwest striking Juniper fault zone. As a result, we increased the scope of our program to test to the south of Chinchilla along the Juniper fault zone, which we interpret as a potential feeder fault connecting the Chinchilla and Juniper targets.
Selena Project
Selena is in White Pine County Nevada, approximately 64 kilometers (km) north of the town of Ely, NV and 12 km southeast of the Kinross owned and operated Bald Mountain Mine. The 100% owned property is comprised of 26 square kilometers of highly prospective ground that has seen limited exploration activity over the past twenty years.
Table 1.0: Phase II drill program collar table
Figure 1.0: Plan view map showing location of Phase I (green) and Phase II (red) drill holes testing the Chinchilla and Juniper target areas
Technical information contained in this news release has been reviewed and approved by Michael T. Harp, the Company’s Vice President, Exploration, who is Ridgeline’s qualified person under National Instrument 43-101 responsible for technical matters of this release.
QAQC Procedures
All samples are submitted to Paragon Assay Laboratories (PAL) of Sparks, NV, which is a certified and accredited laboratory, independent of the Company. Samples are run through standard prep and analysed using AU-OES30 (Au; 30g fire assay AQR digest/ICP+10ppb Hg by MS) and 35AR-OESm (35 element Suite; 0.5g AQR digestion/ICP-MS; 10ppb Hg) methods. PAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. The Company’s QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed by the Company’s QP, Michael T. Harp, Vice President, Exploration.
About Ridgeline Minerals Corp.
Ridgeline is a discovery focused gold explorer with a 116 km² exploration portfolio across three projects in the highly prospective Carlin and Battle Mountain – Eureka Trends in Nevada, USA. More information about Ridgeline can be found at www.RidgelineMinerals.com.
On behalf of the Board
“Chad Peters”
President & CEO
Further Information:
Chad Peters, P.Geo.
President & CEO
Ridgeline Minerals Corp.
1-866-RDG-NVAU (734-6828) – toll free
info@ridgelineminerals.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Forward Looking Statements
This press release contains certain forward-looking statements, including statements with regard to the Offering. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and no assurance can be given that the Offering will be completed on the terms described, or at all. Completion of the Offering and the terms thereof are subject to numerous factors, many of which are beyond Ridgeline’s control, including, without limitation, failure to satisfy closing conditions and the risk factors and other matters set forth in Ridgeline’s preliminary prospectus. Ridgeline undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.