Phase I Program At Swift Gold Project

VANCOUVER -  Ridgeline Minerals Corp. has mobilized a reverse circulation (RC) drill rig to its Swift gold project located in Lander County, Nevada. The project is fully permitted for up to 15 drill sites with the initial Phase I program totaling 2,000 meters (m) across three RC scout holes. Drilling will target Carlin-Type gold mineralization at the Fallen City target which falls within a highly anomalous zone of structurally controlled surface geochemistry bounded by the northwest trending Cortez Structural Corridor. Assay results will be published following completion of the Phase I drill program.

The Cortez Structural Corridor is a northwest trending fault zone interpreted as a key structural control to mineralization for multiple targets across the Swift property. This corridor coincides with a pronounced gravity geophysics high, mapped dike swarms, and surface soils (gold-arsenic-antimony) anomalies at multiple target areas which include the Fallen City, Goat and Mill Creek targets.

Historic exploration on the property returned a highlight intercept of 16.8m @ 0.72 g/t Au, 0.50 g/t Ag starting at 727m in core hole MCK-99-5A drilled by Phelps-Dodge in 1999, which never received follow-up drilling by previous operators.

The Fallen City target is located 1.0 km to the northeast of MCK-99-5A and is interpreted as a shallower block of Lower Plate carbonate host rocks adjacent to the faulted and down-dropped block intersected in the MCK-99-5A drill intercept.

Chad Peters, President and CEO, said, "The Phase I, 2,000m drill program will be the first drill-holes on the property to test the Fallen City target, which is one of three high-priority targets identified by the company in 2020. Our re-interpreted geologic model highlights the Fallen City as a potential structural trap for Carlin-Type gold mineralization where it intersects favorable carbonate host rocks on a previously untested portion of the Cortez Structural Corridor."

Swift is a Carlin-Type gold exploration project located on the Cortez District of the Battle Mountain - Eureka Trend in Nevada with Ridgeline holding the option to earn a 100% interest in the project.