Ridgeline Minerals
  • Ridgeline Minerals Corp (RDG) has acquired the historical database for all outstanding surface and drillhole data at the Selena Project from NevGold Corp
  • The data includes an extensive drillhole database of one hundred and four drill holes, many of which overlapped with Ridgeline’s existing database
  • Selena is located in White Pine County, Nevada, approximately 64 kilometres north of the town of Ely, NV
  • Ridgeline is a discovery focused gold-silver explorer with a proven management team and a 163 km² exploration portfolio across five projects in Nevada and Idaho, USA
  • Ridgeline Minerals Corp. opened trading at $0.33

Ridgeline Minerals (RDG) has acquired a database of all outstanding surface and drillhole data at the Selena Project from NevGold Corp.

The data includes an extensive drillhole database of one hundred and four drill holes, many of which overlapped with Ridgeline’s existing database.

However, six holes drilled in 2010 contained shallow, high-grade silver (Ag), gold (Au), lead (Pb), and zinc (Zn) drill intercepts at the company’s previously identified Juniper Target (Juniper), located approximately one kilometre south of Ridgeline’s original shallow-oxide, Ag-Au discovery.

Highlight intercepts from the historical drillholes at Juniper include 0.3 metres (m) grading 6,667 grams per tonne (g/t) Ag, 7.7 g/t Au, 1.6% Pb, 0.2% Zn and 1.0 m grading 2,467.2 g/t Ag, 5.1 g/t Au, 1.1% Pb, 1.4% Zn within 7.7m 725.2 g/t Ag, 1.5 g/t Au, 1.3% Pb, 0.9% Zn starting at 15.5 m in core hole LB-072.

“We would like to extend a sincere thank you to our friends at NevGold Corp. for facilitating this data transfer, and we couldn’t be happier with the results – the highest-grade silver and gold intercepts ever drilled at the Selena project,” said Chad Peters, Ridgeline’s President and CEO.

“This addition to our database continues to strengthen our interpretation that Selena is host to a zoned porphyry system with the potential to discover multiple deposit types,” he added.

Selena is located in White Pine County, Nevada, approximately 64 kilometres north of the town of Ely, NV, and 25 km southeast of the Kinross owned and operated Bald Mountain Gold Mine.

Ridgeline is a discovery-focused gold-silver explorer with a proven management team and a 163 km² exploration portfolio across five projects in Nevada and Idaho, USA.

Ridgeline Minerals Corp. opened trading at $0.33.

More From The Market Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

Alamos and Argonaut merge to create one of Canada’s largest gold mines

Alamos Gold (TSX:AGI) announces it will acquire all of the issued and outstanding shares of Argonaut Gold (TSX:AR) in a friendly takeover.