Ridgeline Minerals outlines 2022 exploration strategy
Ridgeline Minerals Corp. has outlined its 2022 exploration strategy for the Company’s portfolio of five projects with a focus on our 100%-owned flagship asset, Selena, where drilling will commence in April 2022.
The Company’s primary exploration focus in H1 2022 will be confirming the potential for a high-grade Carbonate Replacement (“CRD”) silver-gold-lead-zinc (“Ag-Au-Pb-Zn”) discovery with planned exploration activities outlined below;
Robber Gulch
The Robber Gulch Project represents a drill-ready, shallow-oxide Au discovery in an emerging district in Idaho that includes Liberty Gold’s multi-million-ounce Black Pine deposit. Low-cost acquisition ($50,000 USD) and minimal land-holding costs in 2022 ($25,000 USD) make Robber Gulch an excellent addition to the portfolio. The Company will complete low-cost field work in H1 2022 including detailed field mapping and CSAMT geophysics with potential to add a maiden drill program in H2 2022.
Bell Creek
The Company views the Bell Creek Project as a strategic asset with exploration activities on hold pending results of the NGM owned Ren maiden resource, located approximately 500m east of the Bell Creek property.
It is expected that NGM will release the results of the Ren resource in H1 2022 which will define the next steps for advancing the property.
Carlin-East
The Carlin-East Project is only 4km north of and directly on-strike of NGM’s high-grade North Leeville discovery, an extension of the multi-million-ounce Leeville-Turf mine. In 2022, the Company will continue to assess NGM’s North Leeville exploration results as their drilling continues to advance towards Ridgeline’s Carlin-East Project.
Chad Peters, Ridgeline’s President, CEO & Director commented, “Over the past three years our team has implemented a systematic and disciplined approach to exploration, which yielded a grassroots silver-gold-lead-zinc discovery at Selena and a partnership with Nevada Gold Mines at our Swift project. We will continue to create shareholder value by sticking to these core exploration principles with the focus of allocating exploration resources to our highest value opportunity projects, beginning with a 5,500-meter spring drill campaign at our 100%-owned Selena project.”
