CA Market News
2月前
Ridgeline Minerals Announces $9.9M in Partner-Funded 2026 Exploration Budgets at the Swift and Selena ProjectsApril 23, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 23, 2026) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to provide 2026 budget guidance of US$9,500,000 in partner-funded exploration between the Selena ("Selena") and Swift ("Swift") projects (Figure 1). Drill program details are highlighted below.The Selena project is a silver-lead-zinc-gold-copper carbonate replacement ("CRD") style exploration project operated by Ridgeline Minerals and funded by a wholly owned subsidiary of South32 Limited ("South32"). The project is currently operating under Phase I of an exploration earn-in agreement totaling up to US$10,000,000 in qualifying expenditures over a 5-year period. South32 has approved a Year-3 work program and budget of US$4,400,000 that, once funded and executed, is expected to satisfy Phase I of the exploration earn-in agreement (for more details see August 22, 2024 press release HERE).The Swift project is Carlin-Type gold exploration project being operated by Nevada Gold Mines ("NGM") under Phase I of an exploration earn-in agreement totaling up to US$20,000,000 in NGM expenditures over a 5-year period. NGM has approved a 2026 exploration budget of US$5,500,000 for a projected total of US$20,000,000 in qualifying expenditures, which will satisfy Phase I of the exploration earn-in agreement (for more details see September 22, 2024 press release HERE).Chad Peters, Ridgeline's President, CEO & Director commented, "Selena and Swift continue to exhibit strong exploration potential with our partner-funded budgets continuing to increase year over year. 2026 represents our largest partner-funded exploration budget in Company history and provides our shareholders with exposure to gold, silver and base metal discoveries in mining friendly Nevada, while also reducing risk and minimizing shareholder dilution through our hybrid exploration model."Mr. Peters continues, "Our 2025 CRD discovery at Chinchilla Sulfide was a significant milestone for the Selena project and supports our belief that Selena represents one of the more compelling silver and base metal discoveries in the United States since the discovery of the Hermosa Taylor deposit in 2015. Drilling will commence at Selena in April, followed by Swift in May, where we will continue to build on high-grade drill intercepts at both projects."Selena Project (US $20,000,000 South32 Earn-in)
South32 has approved a Year-3 (July 2026 to June 2027) work program and budget of approximately US$4,400,000 across an initial three core holes for a projected total of US$10,000,000 in qualifying expenditures under Phase I of the exploration earn-in agreement. The work program is projected to be completed on or before December 31, 2026.Drilling will take a phased approach in 2026 with the program starting with three deep holes targeting the Chinchilla Sulfide discovery (Figure 2)The first hole will test for bedding controlled "manto" CRD mineralization between discovery hole SE25-053 (See December 18, 2025 PR HERE) and SE25-054 (see March 16, 2026 press release HERE)The second hole will test between SE25-053 and the Company's 2022 RC drillhole SE22-038 that intercepted 1.5m grading 97.4 grams per tonne ("g/t) silver ("Ag"), 5.0% lead-zinc ("Pb-Zn") and 0.4 g/t gold ("Au") in the same oxide upper horizon as SE25-054 but did not drill deep enough to test the projection of the same sulfide CRD horizon that was intercepted in SE25-053The third hole will test a new target concept adjacent to the Butte Valley Cu-Au-Ag-Zn porphyry system with the goal of intersecting copper-silver enriched skarn mineralization Borehole electromagnetic ("BHEM") surveys will be completed in late June in holes SE25-053 and SE25-054 to assist in the 3D modelling of conductive sulphide-rich zones at depth and laterally from the drill holes. It is anticipated that results from the BHEM surveys will help guide additional future drilling at the project. Swift Project (US$30,000,000 NGM Earn-in)
NGM has approved a 2026 exploration budget of US $5,500,000 across 5-6 deep core holes for a projected total of $20,000,000 in qualifying expenditures on or before December 31, 2026.NGM will begin drilling in May to complete core tails at SW25-010 & SW25-012 and continue testing the high-grade mineralized horizon at the SW Swift target, which intersected 1.1m grading 10.4 g/t Au in SW24-006 (Figure 3)The remaining 3-4 holes will be split between the Aquila and Pegasus targets which will be testing the down-dip projection of the Carbon thrust at Aquila while Pegasus will test the shallower projection of the Unicorn Window (previously referred to as the Mill Creek corridor) (Figure 3)Figure 1: Ridgeline's 200-kilometer² exploration portfolio in Nevada with partner projects in whiteTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/293934_d102b18214e1f8c8_003full.jpgFigure 2: Plan view map of the Selena property with Chinchilla Sulfide drill results and the Phase I 2026 drill collar locations (red stars)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/293934_d102b18214e1f8c8_004full.jpgFigure 3: Plan view map of the Swift property showing 2026 drill locations and previous drill interceptsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/293934_d102b18214e1f8c8_005full.jpgQAQC Procedures
Selena HQ & NQ size core samples are split by core saw with ½ the sample retained at the Company warehouse and the other ½ bagged and submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a certified and accredited laboratory, independent of the Company. Independent check samples are shipped to Paragon Geochemical Labs (PAL) of Sparks, Nevada. Samples are prepared using industry-standard prep methods - 4 - and analysed using FA-PB30-ICP (Au; 30g fire assay) and ICP-5AM48 (48 element Suite; 0.5g 5-acid digestion/ICP-MS) methods. AAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline'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 Qualified Person, Michael T. Harp, Vice President, Exploration.Swift HQ & NQ size core samples are split by core saw with ½ the sample retained at a NGM facility and the other ½ bagged and to ALS Minerals, Elko Nevada, which is a certified and accredited laboratory, independent of NGM. Samples are prepared using industry-standard prep methods and analysed using Au-AA23 (Au; 30 g fire assay) and ME-MS61 (48 element Suite; 0.25 g 4-acid digestion/ICP- MS) methods. ALS also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. NGM QAQC programs include regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed internally by Nevada Gold Mines technical personnel.Technical information contained in this news release has been prepared under the supervision of, and approved by, Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Ridgeline Minerals Corp.
Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project totaling up to US $60 million in partner-funded exploration expenditures. More information about Ridgeline can be found at www.ridgelineminerals.com.On behalf of the Board
"Chad Peters"
President & CEOFurther Information:
Chad Peters, P.Geo.
President, CEO & Director Ridgeline Minerals Corp.
+1 775 304 9773
cpeters@ridgelineminerals.comNeither 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 releaseCautionary Note regarding Forward-Looking Statements
Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the assay results for core hole SW24-004 and the potential significance thereof. The words "potential", "anticipate", "meaningful", "significant", "pending", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Swift project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293934
Original: Ridgeline Minerals Announces $9.9M in Partner-Funded 2026 Exploration Budgets at the Swift and Selena Projects
CA Market News
3月前
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026March 20, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 20, 2026) - CEO.CA, the leading investor social network in junior resource and venture stocks, shares comprehensive video coverage from the recent PDAC convention in Toronto, ON, Canada.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.Get to Know the Leaders Transforming the Future of MiningTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9758/289303_5b6cdcdb7476ea55_001full.jpgTo view the PDAC Conference Interviews, please visit: https://www.youtube.com/watch?v=T0cAdXZUP10&list=PLsD-m-bMQxKbst4Udrum54ymBRMrb-TK7 Battery MetalsPeloton Minerals (CSE: PMC) (OTCQB: PMCCF)St George Mining (ASX: SGQ)Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5)Copper:Algo Grande Copper (TSXV: ALGR) (OTC Pink: KNDYF) (FSE: KM00)Barksdale Resources (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ)C3 Metals (TSXV: CCCM)Element 29 Resources (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU)Gunnison Copper (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0)Midnight Sun (TSXV: MMA) (OTCQX: MDNGF)Mogotes Metals (TSXV: MOG) (OTCQB: MOGMF) (FSE: OY4)Sendero Resources (TSXV: SEND)Critical MetalsAntimony Resources (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0)Nine Mile Metals (CSE: NINE) (OTC PINK: VMSXF) (FSE: KQ9)Scandium Canada (TSXV: SCD)ValOre Metals (TSXV: VO) (OTCQB: KVLQF) (FSE: KEQ0)West High Yield Resources (TSXV: WHY) (FSE: W0H)Gold:Alamos Gold (TSX: AGI) (NYSE: AGI)Amex Exploration (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF)Bold Ventures (TSXV: BOL)Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1)Dryden Gold (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W)Eminent Gold (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB)Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH)Falco Resources (TSXV: FPC)Golden Cariboo Resources (CSE:GCC) (OTCQB: GCCFF) (WKN: A402CQ) (FSE: 3TZ)McFarlane Lake Mining (CSE: MLM) (OTCQB: MLMLF)Mineros SA (TSX: MSA) (OTCQX: MNSAF) (BVC: MINEROS)Newcore Gold (TSXV: NCAU) (OTCQX: NCAUF)Northstar Gold (CSE: NSG)Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0)Rua Gold (TSX: RUA) (NZ: RGI) (OTCQX: NZAUF)Talisker Resources (TSX: TSK) (OTCQX: TSKFF)Thesis Gold & Silver (TSXV: TAU) (OTCQX: THSGF) (FSE: A422AH)TomaGold (TSXV: LOT) (OTC Pink: TOGOF)Polymetallic:Aurania Resources (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q)Spartan Metals (TSXV: W) (OTCQB: SPRMF) (FSE: J03)Royalty Streaming:Ecora Resources (LSE: ECOR) (TSX: ECOR) (OTCQX: ECRAF)Electric Royalties (TSXV: ELEC) (OTCQB: ELECF)Silver:GR Silver Mining (TSXV: GRSL) (OTCQX: GRSLF) (FSE: GPE)Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF)Pinnacle Silver and Gold (TSXV: PINN) (OTCID: PSGCF) (FSE: P9J)Silver Hammer Mining (CSE: HAMR)Silvercorp Metals (TSX: SVM) (NYSE American: SVM)Uranium:Nexus Uranium (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7)Other:Karen Rees, PDAC PresidentRick Rule, Founder and CEO of Rule Investment MediaAbout CEO.CAThe leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.For further information, please contact:CEO.CA
Email: hello@ceo.ca
Website: CEO.CANeither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary StatementThe information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR+ or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289303
Original: CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
CA Market News
4月前
Ridgeline Minerals Reports Additional Assay Results for the Chinchilla Sulfide CRD Discovery at the Selena ProjectMarch 16, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 16, 2026) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce additional assay results from the Chinchilla Sulfide CRD discovery at the Selena project ("Selena" or "Project") in Nevada (Figure 1). Core hole SE25-054 was a 700 meter ("m") step-out northeast of discovery hole SE25-053 (see December 18, 2025 press release HERE) and intersected an "upper" oxide mineralized intercept of 3.1m grading 86.5 g/t silver ("Ag"), 0.3% zinc ("Zn"), 3.8% lead ("Pb), 2.9 g/t gold ("Au"), and 0.07% antimony ("Sb") (353.1 g/t AgEq or 14.7% ZnEq) starting at 639m downhole (Table 1 & Figure 2). The drillhole was paused at a depth of 916m in mid-December due to winter weather constraints and the Company anticipates re-entering and continuing the hole in the spring to a target depth of up to 1,200m to ensure the hole fully tests the MT target anomaly (Figure 2). Chad Peters, Ridgeline's President, CEO & Director commented, "Our 2025 drill program has intersected high-grade CRD mineralization in 2 of 3 holes with individual samples grading up to 379 g/t silver, 27% zinc and 2.9 g/t gold. We are very encouraged with the results of the first phase of drilling, and we anticipate a big year ahead now that we have a stronger understanding of the structural controls on mineralization at the Chinchilla Sulfide discovery. Drill planning is in progress, and we anticipate our fully funded 2026 drill program to begin in May." Chinchilla Sulfide Zone - Discovery HighlightsSE25-054: 3.1m grading 86.5 g/t Ag, 0.3% Zn, 3.8% Pb, 2.9 g/t Au, and 0.07% Sb (353.1 g/t AgEq or 14.7% ZnEq) starting at 639m downhole, true thickness unknown (Figure 2)Hole 54 intersected the faulted and mineralized lower section of what equates to the same host horizon as the Chinchilla Oxide zone that outcrops ~2.5km to the east (See long-section A-A' HERE)Drilling did not fully test the same lower Chinchilla Sulfide horizon that was intersected in hole SE25-053. The hole was paused in prospective carbonate host rocks and the Company intends on completing additional geophysics this spring followed by deepening of hole 54 during the 2026 drill programSE25-053: 1.1m grading 60.1 g/t Ag, 27.1% Zn, 0.7% Pb, 1.5 g/t Au, 0.4% Cu, and 0.03% Sb (766.4 g/t AgEq or 31.9% ZnEq) starting at 943m downhole, true thickness unknown (Table 1 & Figure 2)And: 17.4 meters grading 35.6 g/t Ag, 6.0% Zn, 0.5% Pb, 0.2 g/t Au, 0.1% Cu, and 0.1% Sb (219.9 g/t AgEq or 9.2% ZnEq) (Figure 2 & Picture 1)Including: 8.6 meters grading 21.1 g/t Ag, 10.4% Zn, 0.3% Pb, 0.1 g/t Au, 0.1% Cu, and 0.1% Sb (273.6 g/t AgEq or 11.4% ZnEq) And: 8.7 meters grading 13.9 g/t Ag, 7.0% Zn, 0.3% Pb, 0.1 g/t Au, 0.1% Cu, and 0.01% Sb (175.5 g/t AgEq or 7.3% ZnEq) (Picture 2)Borehole Electromagnetic SurveyThe Company intends on completing two borehole electromagnetic (BHEM) surveys at the start of the 2026 drill campaign on hole SE25-053 and SE25-054The BHEM survey will detect conductive anomalies such as the massive sulfide zones intercepted in SE25-053 and can detect conductive anomalies up to 250m outside of the borehole, which will improve drill targeting and geologic modeling within the survey areasThis method is especially effective for detecting massive sulfide deposits and is commonly used in CRD, VMS and magmatic nickel sulfide explorationFigure 1: Plan view map showing the Chinchilla Sulfide CRD discovery in hole SE25-053 & SE25-054 within a kilometer-scale MT anomaly (coloured contours) that outlines the Chinchilla Sulfide targetTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/288636_8a65846694e94a55_001full.jpgTable 1: Table of significant drill assays from 2025 drilling at the Chinchilla Sulfide DiscoveryTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/288636_8a65846694e94a55_002full.jpgFor a 2025 drilling collar table click HEREFigure 2: X-Section B-B' showing high-grade CRD intercepts from SE25-054 and SE25-053 at the Chinchilla Sulfide discovery. Note SE25-054 tested the upper horizon but did not fully test the lower horizonTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/288636_8a65846694e94a55_003full.jpgClick HERE to view Chinchilla Sulfide Long-Section A-A' Earn-In Terms - The Project is currently operated by Ridgeline under Phase 1 of an earn-in agreement with a wholly owned subsidiary of South32 Limited ("South32"), where South32 may earn up to an 80% interest in the Project by satisfying all commitments under the earn-in agreement (see August 22, 2024 news release HERE). South32 retains the right to earn an initial 60% interest in the Selena project by funding a minimum of US$10 million in qualifying work expenditures on the Project over an initial five-year term, following which South32 will have a further option to increase its interest in the Project to a total of 80% by funding an additional US$10 million in qualifying work expenditures (for an aggregate spend of US$20 million) over an additional three-year term. If South32 wishes to exercise the Phase 2 option, it must arrange for and provide draft definitive documentation in respect of a debt facility from which (if executed) Ridgeline may draw on to sufficiently fund Ridgeline's share of costs (20% pro-rata) associated with development of a mine at Selena through to commercial production.QA/QC ProceduresSamples are submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a certified and accredited laboratory, independent of the Company. Independent check samples are shipped to Paragon Geochemical Labs (PAL) of Sparks, Nevada. Samples are prepared using industry-standard prep methods and analysed using FA-PB30-ICP (Au; 30g fire assay) and ICP-5AM48 (48 element Suite; 0.5g 5-acid digestion/ICP-MS) methods. AAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline'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 Qualified Person, Michael T. Harp, Vice President, Exploration.The technical information contained in this news release has been prepared under the supervision of, and approved by Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.Selena ProjectSelena is located in White Pine County, Nevada, approximately 64 kilometers ("km") north of the town of Ely, NV. The Project is currently being operated by Ridgeline under Phase 1 of an earn-in agreement with a wholly owned subsidiary of South32 Limited ("South32") and shares a property boundary with the Butte Valley project, a $33M earn-in agreement between Freeport-McMoRan and the underlying owner, Falcon Butte Minerals. The Project is comprised of 39 square kilometers of highly prospective exploration ground including Ridgeline's shallow-oxide Ag-Au ± Pb-Zn Chinchilla Oxide and deeper Chinchilla Sulfide discoveries. Subsequent drilling has continued to highlight the potential for high-grade CRD type mineralization (Ag-Zn-Pb-Au ± Cu-Sb-W) between Chinchilla Oxide and Freeport-McMoRan's Butte Valley Cu-Au-Ag-Zn porphyry located directly west of the property. (View the Selena VRIFY Deck Here). For additional information regarding the South32 earn-in agreement terms view the August 22, 2024 news release HERE.About Ridgeline Minerals Corp.Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at www.ridgelineminerals.com.On behalf of the Board
"Chad Peters"
President & CEOFurther Information:
Chad Peters, P.Geo.
President, CEO & Director
Ridgeline Minerals Corp.
+1 775 304 9773
cpeters@ridgelineminerals.comNeither 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 releaseCautionary Note regarding Forward-Looking StatementsStatements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the anticipated benefits of the Earn-In Agreement and the transaction contemplated thereby. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that TSX Venture Exchange approval will be granted in a timely manner subject only to standard conditions; the current objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288636
Original: Ridgeline Minerals Reports Additional Assay Results for the Chinchilla Sulfide CRD Discovery at the Selena Project
CA Market News
5月前
Ridgeline Minerals Reports 38.3 - 58.0 Million Tonne Silver-Gold Exploration Target at the Chinchilla Oxide Deposit, Selena ProjectFebruary 12, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce a Mineral Exploration Target outlining the silver-gold-lead-zinc exploration potential at the Company's outcropping Chinchilla Oxide Ag-Au-Pb-Zn deposit at the Selena project ("Selena" or "the Project"), Nevada. The Company has completed preliminary 3D modelling at the Chinchilla Oxide deposit that supports an exploration target of 38.3 - 58.0 million tonnes ("MT") of 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 (Figure 1). The quantity and grade of the exploration target are conceptual in nature and there has not been sufficient exploration to define a mineral resource. It is uncertain whether further exploration will result in the exploration target being delineated as a mineral resource.Figure 1: X-Section C-C' showing the 38.3 - 58.0 MT, Ag-Au Exploration Target at Chinchilla Oxide To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/283678_1d8d753894a80aff_001full.jpgChad Peters, Ridgeline's President, CEO & Director, commented, "The Chinchilla Oxide deposit was Ridgeline's original outcropping Ag-Au oxide discovery made by the team in 2020 and we always knew it had the potential to become a deposit of significant scale. Announcing a mineral exploration target helps to further highlight this exciting opportunity and better frame the upside potential across multiple mineralized zones at the Selena project. Chinchilla Oxide remains open along strike and down-dip towards our recent Chinchilla Sulfide discovery with potential to expand the exploration target and upgrade to a maiden mineral resource estimate with additional drilling."Mr. Peters continues, "The Selena project exhibits over four kilometers of proven mineralized strike between the outcropping Chinchilla Oxide zone and our recent high-grade CRD discovery at Chinchilla Sulfide, which was made in collaboration with our partners at South32. Our strategy in 2026 will be to continue drill testing the Chinchilla Sulfide discovery to better understand the potential scale and grade of the sulfide system, which will help our teams better understand the combined resource potential of the greater mineralized system at Selena as we continue to grow this very exciting polymetallic deposit."Chinchilla Oxide Mineral Exploration Target
The Company believes the Chinchilla Oxide Zone has the potential to host: 38.3 to 58.0 MT of mineralized material ranging from 39.8 - 52.0 g/t Ag and 0.12 - 0.15 g/t Au (Figure 1 & Figure 2)Pb-Zn grades range between 0.42% - 0.55% Pb and 0.40% - 0.51% ZnThe Chinchilla Oxide zone remains open for expansion along strike and down-dip with additional infill drilling required to complete a NI 43-101 compliant maiden resource estimate (Figure 3)Chinchilla Oxide Highlight Drill Intercepts SE22-045: 32.5 m grading 153.42 g/t Ag, 0.09 g/t Au, and 4.1% Pb-Zn Including 6.1 m grading 480.52 g/t Ag, 0.1 g/t Au, and 18.4% Pb-Zn,Including 0.7 m grading 1,347.73 g/t Ag, 0.11 g/t Au and 40.9% Pb-ZnSE23-047: 60.7m grading 69.8 g/t Ag, 0.4 g/t Au, and 1.8% Pb-ZnIncluding 7.7m grading 146.5 g/t Ag, 0.9 g/t Au, and 1.7% Pb-ZnSE21-025: 44.2m grading 123.2 g/t Ag, 0.1 g/t Au, and 2.1% Pb-Zn Including 7.6m grading 237.8 g/t Ag, 0.2 g/t Au, and 3.8% Pb-Zn (Figure 1)For a complete table of Selena assay results click HEREMineral Exploration Target DatabaseThe exploration target assay database is comprised of:Thirty-three (33) RC and Core drillholes totaling 8,250.3m and 5,650 assay samples Five (5) surface trenches totaling 180.4m and 122 assay samples Select bottle roll metallurgical testing on Chinchilla Oxide RC composites in 2021 averaged 31.5% - 50.0% Ag and 76.7% - 83.3% Au cyanide solubility suggesting the deposit may be amenable to heap leach processing methodsThe Company's metallurgical consultant has indicated that additional metallurgical testing on drill core samples (vs. original RC samples) is required and may materially improve bottle roll cyanide solubility results for silverCore drilling at Selena (2023-2025) has confirmed that RC drilling methods were "washing" out the Ag-rich clays in the oxide zone, diluting grades and effectively reducing overall cyanide solubility Neither Pb nor Zn were analyzed during the 2021 bottle roll program with additional testing required to define potential cyanide solubility ranges of either metalThe metallurgical recoveries at Chinchilla Oxide do not apply to the potential metallurgical recoveries at the Chinchilla Sulfide discovery, which is sulfide mineralization that would require a different milling processThe Chinchilla Oxide exploration target has been prepared under NI 43-101 guidelines for Mineral Exploration Target reporting and utilized a 3rd party qualified person ("QP") for all grade shell models and interpolations. Grade interpolations utilized a low-grade cutoff of 15.0 g/t Ag with three-meter composites and a radial basis function ("RBF") numeric model. The quantity and grade of the exploration target are conceptual in nature and there has not been sufficient exploration to define a mineral resource. It is uncertain whether further exploration will result in the exploration target being delineated as a mineral resource. The exploration target model has not been evaluated for reasonable prospects of potential economic extraction.Figure 2: Long Section A-A' showing the Company's Mineral Exploration Target at the Chinchilla Oxide deposit and the new CRD discovery (red star) at the Chinchilla Sulfide zone ~2.5km downdip to the westTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/283678_1d8d753894a80aff_002full.jpgFigure 3: Plan view map showing the Mineral Exploration Target at Chinchilla Oxide, future shallow oxide exploration targets at Juniper, and the 2025 Chinchilla Sulfide CRD discovery in hole SE25-053To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/283678_1d8d753894a80aff_003full.jpgTable 1: Summary of potential tonnes and grade ranges for the Au-Ag-Pb-Zn zone at Chinchilla OxideTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7298/283678_1d8d753894a80aff_004full.jpgThe Project is currently operated by Ridgeline under Phase 1 of an earn-in agreement with a wholly owned subsidiary of South32 Limited ("South32"), where South32 may earn up to an 80% interest in the Project by satisfying all commitments under the earn-in agreement (see August 22, 2024 news release HERE).QA/QC Procedures
HQ and NQ core samples are split in ½ with samples submitted to American Assay Laboratories (AAL) of Sparks, Nevada, which is a certified and accredited laboratory, independent of the Company. Independent check samples are sent to Paragon Geochemical Labs (PAL) of Sparks, Nevada. Samples are prepared using industry-standard prep methods and analysed using FA-PB30-ICP (Au; 30g fire assay) and ICP-5AM48 (48 element Suite; 0.5g 5-acid digestion/ICP-MS) methods. AAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline'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 Qualified Person, Michael T. Harp, Vice President, Exploration.The technical information contained in this news release has been prepared under the supervision of, and approved by Michael T. Harp, CPG, the Company's Vice President, Exploration. Mr. Harp is a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.Selena Project
Selena is located in White Pine County, Nevada, approximately 64 kilometers ("km") north of the town of Ely, NV. The Project is currently being operated by Ridgeline under Phase 1 of an earn-in agreement South32 and shares a property boundary with the Butte Valley project, a $33M earn-in agreement between Freeport-McMoRan and the underlying owner, Falcon Butte Minerals. The Project is comprised of 39 square kilometers of highly prospective exploration ground including Ridgeline's shallow-oxide Ag-Au ± Pb-Zn Chinchilla Oxide and deeper Chinchilla Sulfide discoveries. Subsequent drilling has continued to highlight the potential for high-grade CRD type mineralization (Ag-Zn-Pb-Au ± Cu-Sb-W) between Chinchilla Oxide and Freeport-McMoRan's Butte Valley Cu-Au-Ag-Zn porphyry located directly west of the property. For additional information regarding the South32 earn-in agreement terms view the August 22, 2024 news release HERE.About Ridgeline Minerals Corp.
Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at www.ridgelineminerals.com.On behalf of the Board
"Chad Peters"
President & CEOFurther Information:
Chad Peters, P.Geo.
President, CEO & Director
Ridgeline Minerals Corp.
+1 775 304 9773
cpeters@ridgelineminerals.comNeither 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 releaseCautionary Note regarding Forward-Looking StatementsStatements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the anticipated benefits of the Earn-In Agreement and the transaction contemplated thereby. The words "potential", "anticipate", "meaningful", "discovery", "forecast", "believe", "estimate", "expect", "may", "will", "project", "plan", "historical", "historic" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that TSX Venture Exchange approval will be granted in a timely manner subject only to standard conditions; the current objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risks related to historical data that has not been verified by the Company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283678
Original: Ridgeline Minerals Reports 38.3 - 58.0 Million Tonne Silver-Gold Exploration Target at the Chinchilla Oxide Deposit, Selena Project