- Ridgeline Minerals (RDG) has staked an additional 42 claims with the U.S. Bureau of Land Management
- The claims expand the company’s Selena Oxide Silver-Gold Project in Nevada
- The claims total 868 acres and are directly on-trend of the high-grade silver-lead-zinc drill intercepts
- The company believes mineralization appears to be transitioning to high-grade, silver-lead-zinc at depth
- Ridgeline Minerals is up 1.43 per cent, trading at C$0.71 at 11:10 am ET
Ridgeline Minerals (RDG) has staked an additional 42 claims with the U.S. Bureau of Land Management.
The claims expand the company’s Selena Oxide Silver-Gold Project in Nevada.
The claims total 868 acres and are directly on-trend of the high-grade silver-lead-zinc drill intercepts.
Selena now comprises 467 contiguous claims across 9,626 acres or 39 square kilometres.
The Oregon-based company believes mineralization at Selena appears to be transitioning from near-surface, oxide silver-gold at its original discovery to high-grade, silver-lead-zinc at depth.
“With every drill program, our geologic model of Selena continues to evolve as an emerging district-scale exploration opportunity with potential to discover multiple deposit types across the 39 square kilometer property. These additional claims now consolidate the more than 3 km of untested ground between our known discovery and the Butte Valley copper-gold porphyry to the west,” said Ridgeline President and CEO Chad Peters.
Selena is located in White Pine County, Nevada, approximately 64 kilometres north of the town of Ely and 12 kilometres southeast of the Kinross Bald Mountain Gold Mine. The 100-per-cent owned property is host to Nevada’s newest silver-gold oxide discovery which has seen limited exploration activity over the past twenty years prior to being acquired by Ridgeline in 2019.
Ridgeline Minerals is up 1.43 per cent, trading at C$0.71 at 11:10 am ET.
