- Ridgeline Minerals Corp. (RDG) has announced it has begun its Phase 2 drilling program at the Carlin-East Gold Project in Nevada
- The 3,000 meter drill program will entail three deep core holes that target the prospective Lower Plate carbonate host rocks of the Popovich and Bootstrap formations at the Ridgeline’s Crash Zone target.
- The company has spent two years building the geological model at Carlin-East
- Mike Harp, vice president of exploration at Ridgeline, said the Carlin-East is a rare opportunity for a junior explorer to drill an untested target right on trend of a world-class deposit
- Shares of Ridgeline Minerals remain unchanged at C$0.59 as of 2:10 p.m. EDT
Ridgeline Minerals (RDG) announced it has begun its Phase 2 drilling program at the Carlin-East Gold project in Nevada.
The Vancouver-based company said the 3,000 meter drill program will comprise three deep core holes targeting prospective lower plate carbonate host rocks of Popovich and Boostrap formations at its Crash Zone target.
“Our team has spent two years building out the geologic model at Carlin-East with the Crash Zone representing the highest potential target across the property. We view Carlin-East as a rare opportunity for a junior explorer such as Ridgeline to drill an untested target directly on trend of a world-class gold deposit,” Mike Harp, vice president of exploration at Ridgeline Minerals, said in a press release.
The Crash Zone is situated along the intersection of the Four Corners and the Crash fault zones. The company said it is a similar target to Nevada Gold Mine’s North Leeville discovery, which is also along the Four Corners fault zone, roughly 3.5 kilometers from the south.
Located in the prolific Carlin Trend, the Carlin-East is a gold exploration project that comprises 422 contiguous federal lode claims and fee lands totaling 35 square kilometers of mineral rights.
Over the last 30 years, exploration has been sporadic and restricted to gravity geophysics, surface geochemistry and shallow drilling, which neve reached its intended Lower Plate target.
The company conducted drilling in 2019 that intersected Lower Plate Rodeo Creek formation rocks at 800 metres vertical depth along the western margin of the horst block. However, Ridgeline Minerals wasn’t able to complete the hole to target depth resulting from difficult drilling conditions.
This Phase 2 drilling program will use RC pre-collars to depths of 400 metres followed by deep core tails to ensure drilling reaches target depths of between 800 and 1,000 metres.
Shares of Ridgeline Minerals remain unchanged at C$0.59 as of 2:10 p.m. EDT.