- Ridgeline Minerals (RDG) is expanding the land package by 50 per cent at its Swift Gold Project
- The company staked an additional 312 Bureau of Land Management lode claims, covering 6,439 acres at the project
- The Swift Gold Project is a Carlin-type gold exploration project located in Nevada
- The project now covers a total of 75 square kilometres
- Ridgeline Minerals is up 1.56 per cent, trading at C$0.65 at 12:05 pm ET
Ridgeline Minerals (RDG) is expanding the land package by 50 per cent at its Swift Gold Project.
The Vancouver mineral exploration company has staked an additional 312 Bureau of Land Management lode claims, covering 6,439 acres at the Swift Gold Project.
The Swift Gold Project is a Carlin-type gold exploration project located in Nevada.
The new claims were staked to consolidate the projected strike extent of the Mill Creek and Goat Anticline targets.
The project now comprises 1,097 Bureau of Land Management claims covering 14,651 acres and 3,697 acres of private fee ground for a combined total of 18,348 acres or 75 square kilometres.
The company says exploration potential at both targets increased substantially after Ridgeline’s Phase I drill program in 2020.
“We are delighted to substantially increase our landholdings in the Cortez District, which continues to yield high-grade gold discoveries at a pace unmatched anywhere else in Nevada. Swift now represents a district-scale exploration opportunity with the potential to host multiple Carlin-Type gold discoveries,” said Ridgeline President and CEO Chad Peters.
The Swift Gold Project is located on the Cortez District of the historic Battle Mountain – Eureka Trend approximately 30 kilometre south of the town of Battle Mountain, in Lander County, Nevada.
Ridgeline Minerals is up 1.56 per cent, trading at C$0.65 at 12:05 pm ET.
