Selena Gold-Silver Project Drill Results

VANCOUVER - Ridgeline Minerals Corp. reported assay results from ten reverse circulation drill holes totaling 1,155 meters (m) completed during the Phase II scout drill program at the Company's Selena Gold-Silver Project in White Pine County, Nevada. Wide-spaced scout drilling successfully tested favorable host rocks at the Chinchilla and Juniper targets, intersecting widespread alteration and oxide gold-silver mineralization in seven of ten holes ranging from surface to approximately 100 meters true vertical depth.

Highlight Drill Results: SE20-014: 29.0m @ 0.38 g/t gold ("Au"), 65.28 g/t silver ("Ag"), or 1.26 g/t gold equivalent (AuEq) - Including 9.1m @ 0.51 g/t Au, 40.83 g/t Ag or 1.06 g/t AuEq starting at 126.5m; SE20-013: 9.1m @ 0.36 g/t Au, 78.28 g/t Ag, or 1.42 g/t AuEq starting at 118.9m; SE20-007: 3.0m @ 0.41 g/t Au, 792.30 g/t Ag, or 11.11 g/t AuEq starting at 135.6m; SE20-006: 21.3m @ 0.30 g/t Au, 15.58 g/t Ag, or 0.51 g/t AuEq - Including 6.1m @ 0.52 g/t Au, 35.38 g/t Ag, or 1.00 g/t AuEq starting at 91.4m; and SE20-005: 4.6m @ 1.62 g/t Au, 25.73 g/t Ag or 1.97 g/t AuEq starting at 35.1m.

Mike Harp, Vice President, Exploration, said, "Our 2020 drilling campaign represents the first new drill-holes at Selena in decades with results to-date indicating we are in the early stages of an emerging shallow-oxide, gold-silver discovery. We are very encouraged by the widespread mineralization intersected in our Phase II program and as our understanding of the geologic model has evolved, we have hit progressively wider and higher-grade mineralized intercepts. A 1,500m Phase III drill program is now scheduled for October where we will follow-up on positive Phase II drill intercepts as well as test several northwest-trending fault zones between the Chinchilla and Juniper targets which coincide with robust gold-silver and Carlin-Type pathfinder soil anomalies."

Selena is in White Pine County Nevada, approximately 64 kilometers (km) north of the town of Ely, NV. The 100% owned property is comprised of 26 square kilometers of highly prospective ground and had seen limited exploration activity over the past twenty year prior to being acquired by Ridgeline in 2019.