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Ridgeline Minerals Acquires Shallow-Oxide Gold Discovery at the Robber Gulch Project, Idaho
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About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Acquires Shallow-Oxide Gold Discovery at the Robber Gulch Project, IdahoJoin us for a Robber Gulch Webinar at 2:00pm ET, February 1, 2022: Register for Free HEREVancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to announce it has entered into an exploration earn-in option agreement to acquire a 100% interest in the Robber Gulch oxide gold project (\"Robber Gulch or \"The Project\") from Bronco Creek Exploration, a wholly-owned subsidiary of EMX Royalty Corp (TSXV: EMX) (\"EMX\"). The Project is host to a shallow-oxide, Carlin-Type gold discovery, is historically underexplored and exhibits similar age host rocks and mineralization style to Liberty Gold's Black Pine Deposit located 88 kilometers (\"km\") to the southeast. Robber Gulch is comprised of 117 lode mining claims totaling 9.3 square kilometers and is located 30km southeast of the city of Burley, Idaho with excellent access to local infrastructure (Figure 1). As part of the agreement the Company will also inherit a comprehensive geologic database with technical highlights and exploration earn-in terms detailed below:Chad Peters, Ridgeline's President, CEO & Director, commented, \"This is a very exciting acquisition for Ridgeline. Robber Gulch is a perfect complement to our exploration portfolio and aligns with the Company's strategy of acquiring and systematically advancing underexplored projects in known gold districts, an approach that led to a recent earn-in exploration agreement with Nevada Gold Mines at our Swift project. Robber Gulch is a drill-ready, shallow-oxide gold discovery in a rapidly emerging gold district in southern Idaho and we look forward to getting boots-on-the-ground as soon as possible.\" To view a video of the Robber Gulch 3D geologic model, click HERE Historical Drill HighlightsAC-4: 12.2 meters (\"m\") grading 0.90 gram per tonne (\"g/t\") gold (\"Au\") within 57.9m grading 0.34 g/t Au starting at 21.3m with the hole bottoming in 10.7m grading 0.25 g/t Au (Figure 2) RG-RC-21-02: 30.5m grading 0.30 g/t Au starting from surfaceRG-RC-21-03: 12.1m grading 0.65 g/t Au starting from surface (Figure 3)RG-RC-21-04: 6.1m grading 1.46 g/t Au (Hole drilled to 6.1m - cased and ready for re-entry) RG-9: 3.1m gra...