Ridgeline Minerals Drilling At The Selena Project


VANCOUVER - Ridgeline Minerals Corp. reported a shallow oxide, silver-gold discovery at its Selena project in Nevada highlighted by 36.6 meters (m) grading 67.08 g/t silver (Ag) and 0.26 g/t gold (Au). Drill assays received to-date, suggest the Selena project is host to a silver enriched, Carlin-Type gold system with silver to gold ratio's typically exceeding 100 to 1. As a result, future exploration and reporting at Selena will focus on both silver and gold with composites reported in silver equivalent (AgEq). The Company has now completed twenty-two reverse circulation (RC) drill holes in 2020 totaling 3,223m with wide-spaced drilling defining an oxide, silver-gold footprint that outcrops at surface and extends for over 1 kilometer (km) down-dip and along strike. Drill results from three of eight Phase III drill holes are reported below with pending assays on the remaining five drill holes to be released.

Chad Peters, President, CEO & Director, said, ”We are very encouraged by the exceptional continuity exhibited at Selena in both surface trenching and drilling to-date with this discovery a testament to our teams data-driven approach to exploration. Each drill program in 2020 has intersected progressively thicker and higher-grade oxide, silver-gold intercepts with mineralization open in all directions."

Selena is located in White Pine County, Nevada, approximately 64 km north of the town of Ely, NV, and 12 km southeast of the Kinross owned and operated Bald Mountain