- Ridgeline Minerals Corp. (RDG) has released all remaining assays from its drill program at the Selena oxide silver-gold project in Nevada
- Recent results revealed a new discovery of a mineralized horizon in the Chainman Shale
- The company has planned additional drill programs with the goal of expanding the known silver-gold-lead-zinc mineralization towards the Butte Valley Porphyry to the west
- Ridgeline is a discovery-focused gold explorer
- Ridgeline Minerals Corp. (RDG) is currently trading at $0.59 per share
Ridgeline Minerals Corp. (RDG) has released all remaining assays from its drill program at the Selena oxide silver-gold project in Nevada.
The recent results revealed a new discovery of a mineralized horizon in the Chainman Shale, which returned 50.8 g/t silver over 3 metres in one drill hole.
The Chainman Shale is the host rock to multiple open-pit gold and silver deposits throughout the south Carlin Trend on the property.
Chad Peters, Ridgeline president and CEO, commented on these significant results.
“Our Phase IV program further supports our interpretation that mineralization at Selena is genetically related to mineralization at the Butte Valley porphyry,” he said.
The Selena project is located in White Pine County, Nevada. The property has seen little historical exploration work in the last 20 years, but Ridgeline has discovered multiple high-grade intercepts since acquiring the property in 2019.
The company has planned additional drill programs with the goal of expanding the known silver-gold-lead-zinc mineralization towards the Butte Valley Porphyry to the west.
“Future exploration programs will focus on the roughly three kilometres of untested Ag-Au-Pb-Zn strike potential between the Butte Valley porphyry and the known high-grade mineralization that makes up the core of the Selena deposit,” Mr. Peters clarified.
Ridgeline is a discovery-focused gold explorer with a proven management team, a unique strategic drilling contract, and four highly prospective projects in Nevada.
Ridgeline Minerals Corp. (RDG) is currently trading at $0.59 per share.
