Vancouver, British Columbia – July 24, 2023 (Newsfile Corp.) (Investorideas.com Newswire) Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (“Ridgeline” or the “Corporate”) is happy to announce the graduation of the Corporate’s diamond core drill program on the Selena challenge (“Selena”). Selena is host to a silver (“Ag”) – gold (“Au”) – lead (“Pb”) – zinc (“Zn”) carbonate substitute (“CRD”) taste discovery positioned in White Pine County, Nevada (Determine 1).
The drill program has been designed to follow-up on bonanza grade CRD intercepts drilled on the Chinchilla zone in 2022, with highlights together with 6.1 meters (“m”) grading 480 grams in line with tonne (“g/t”) Ag, 12.0% Pb, 6.4% Zn, and zero.1 g/t Au in SE22-045 and zero.5 m grading 1,793 g/t Ag, 2.2% tungsten (“W”) and zero.5% copper (“Cu”) in SE22-039 (see January 24, 2023 press liberate HERE). This system will whole as much as six (6) core holes for a complete of three,000 m with effects to be launched as they’re gained (Determine 2).
Mike Harp, Vice President, Exploration commented, “Closing yr’s program delivered the most productive intercepts within the challenge’s historical past. It additionally showed our idea that core drilling would considerably improve ancient opposite circulate assay effects, indicating really extensive upside as we convert traditionally drilled RC intercepts to core. Our 2023 program will construct off that good fortune and concentrate on increasing the high-grade mineralization at two recognized “chimney” or feeder buildings that make up the core of the Chinchilla Zone. We can additionally drill the decrease part of the Guilmette Limestone host rocks, which we consider have doable to host more than one stacked CRD horizons adjoining to recognized chimney buildings.”
Selena Undertaking
Selena is positioned in White Pine County, Nevada, roughly 64 kilometers (“km”) north of town of Ely, NV. The challenge stocks a belongings boundary with the Butte Valley challenge, a US $33M earn-in settlement between Freeport-McMoRan and Falcon Butte Minerals. The 100% owned challenge is created from 39 sq. kms of extremely potential exploration floor together with Ridgeline’s shallow-oxide Ag-Au-Pb-Zn Chinchilla discovery. Next drilling has persevered to focus on the opportunity of high-grade CRD kind mineralization (Ag-Au-Pb-Zn ±Cu) between Chinchilla and the Butte Valley Cu-Au-Ag porphyry positioned at once west of the valuables. (View the Selena VRIFY Deck Right here)
QAQC Procedures
Samples are submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a licensed and authorized laboratory, impartial of the Corporate. Samples are ready the use of industry-standard prep strategies and analysed the use of FA-PB30-ICP (Au; 30 g hearth assay) and ICP-5AM48 (48 part Suite; 0.5 g 5-acid digestion/ICP-MS) strategies. AAL additionally undertakes its personal inner coarse and pulp reproduction research to make sure right kind pattern preparation and gear calibration. Ridgeline’s QA/QC program comprises common insertion of CRM requirements, duplicates, and blanks into the pattern move with a stringent assessment of all effects finished via the Corporate’s Certified Individual, Michael T. Harp, Vice President, Exploration.
Technical data contained on this information liberate has been reviewed and authorized via Michael T. Harp, CPG. the Corporate’s Vice President, Exploration, who’s Ridgeline’s Certified Individual beneath Nationwide Software 43-101 and accountable for technical issues of this liberate.
About Ridgeline Minerals Corp.
Ridgeline is a discovery centered gold-silver explorer with a confirmed control crew and a 192 km² exploration portfolio throughout six initiatives in Nevada and Idaho, USA. Extra details about Ridgeline can also be discovered at www.RidgelineMinerals.com.
On behalf of the Board
“Chad Peters”
President & CEO
Additional Knowledge:
Chad Peters, P.Geo.
President & CEO
Ridgeline Minerals Corp.
(775) 304-9773 | data@ridgelineminerals.com
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Statements contained on this press liberate that aren’t ancient info are “forward-looking data” or “forward-looking statements” (jointly, “Ahead-Taking a look Knowledge”) inside the which means of appropriate Canadian securities regulation and the USA Non-public Securities Litigation Reform Act of 1995. Ahead-Taking a look Knowledge comprises, however isn’t restricted to, the expected advantages of the Earn-In Settlement and the transaction pondered thereby. The phrases “doable”, “wait for”, “significant”, “discovery”, “forecast”, “consider”, “estimate”, “be expecting”, “would possibly”, “will”, “challenge”, “plan”, “ancient”, “ancient” and identical expressions are supposed to be a number of the statements that determine Ahead-Taking a look Knowledge. Ahead-Taking a look Knowledge comes to recognized and unknown dangers, uncertainties and different components which would possibly motive the real effects to be materially other from any long term effects expressed or implied via the Ahead-Taking a look Knowledge. In getting ready the Ahead-Taking a look Knowledge on this information liberate, Ridgeline has implemented a number of subject material assumptions, together with, however no longer restricted to, assumptions that TSX Undertaking Trade approval will probably be granted in a well timed way topic best to plain stipulations; the present goals in regards to the Undertaking can also be completed and that its different company actions will continue as anticipated; that basic industry and financial stipulations won’t exchange in a materially adversarial way; and that each one needful data will probably be to be had in a well timed way. Ahead-Taking a look Knowledge comes to recognized and unknown dangers, uncertainties and different components which would possibly motive the real effects, efficiency, or achievements of Ridgeline to be materially other from any long term effects, efficiency or achievements expressed or implied via the Ahead-Taking a look Knowledge. Such dangers and different components come with, amongst others, dangers associated with dependence on key group of workers; dangers associated with unexpected delays; dangers associated with ancient information that has no longer been verified via the Corporate; in addition to the ones components mentioned in Ridgeline’s public disclosure report. Even supposing Ridgeline has tried to spot essential components that would impact Ridgeline and would possibly motive precise movements, occasions, or effects to fluctuate materially from the ones described in Ahead-Taking a look Knowledge, there is also different components that motive movements, occasions or effects to not be as expected, estimated or supposed. There can also be no assurance that Ahead-Taking a look Knowledge will end up to be correct, as precise effects and long term occasions may fluctuate materially from the ones expected in such statements. Accordingly, readers will have to no longer position undue reliance on Ahead-Taking a look Knowledge. Excluding as required via legislation, Ridgeline does no longer think any legal responsibility to liberate publicly any revisions to Ahead-Taking a look Knowledge contained on this information liberate to mirror occasions or cases after the date hereof or to mirror the prevalence of unanticipated occasions.
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