Drill Program Updates For Swift And Selena Gold-Silver Projects

VANCOUVER - Ridgeline Minerals Corp. reported a drill program update for its Swift gold project and its Selena shallow oxide gold-silver project in Nevada. At Swift, the Company is in the process of completing the remaining 1,500 meters (m) of the planned 3,000m Phase I drill program, which is targeting the same carbonate (Lower Plate) host rocks that host the multi-million ounce Pipeline, Cortez Hills and Goldrush deposits on-trend to the southeast. All planned reverse circulation (RC) pre-collars are complete, and the program has recently transitioned to diamond drill core-tails, which will increase drilling productivity and allow the Company to collect higher quality downhole data. Drilling completed to-date has intersected favorable carbonate host rocks at relatively shallow depths (less than 600m vertical) with variable Carlin-Type alteration and mineralization assemblages noted within multiple carbonate debris flow horizons. The assay results for the first two holes are pending with anticipated completion of the program in late November.

Selena, Ridgeline mobilized an RC drill rig to complete a minimum 1,500m Phase III drill program with the objective of increasing both the grade and thickness of previously announced oxide gold-silver results from the Phase II drill program. Drilling will also test a highly elevated gold-arsenic-antimony surface soils anomaly that extends over a strike length of 1+ kilometer ("km") between the Chinchilla and Juniper targets. Anticipated completion of the program is in late November with assay results to be released as they are received.

Phase II highlight drill results included: RC hole SE20-005: 4.6 m @ 1.62 g/t gold and 25.73 g/t silver starting at 35.1m downhole; RC hole SE20-007: 3 m @ 0.41 g/t gold and 792.3 g/t silver starting at 135.6m downhole; and RC hole SE20-014: 29 m @ 0.38 g/t gold and 65.28 g/t silver starting at 126.5m downhole.