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Ridgeline Minerals Drills 67.08 g/t Silver and 0.26 g/t Gold over 36.6 Meters in Shallow-Oxide, Silver-Gold Discovery at the Selena Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2020) - Ridgeline Minerals Corp. (T...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Drills 67.08 g/t Silver and 0.26 g/t Gold over 36.6 Meters in Shallow-Oxide, Silver-Gold Discovery at the Selena Project, NevadaVancouver, British Columbia--(Newsfile Corp. - December 9, 2020) - Ridgeline Minerals Corp. (TSXV: RDG) (\"Ridgeline\" or the \"Company\") is pleased to announce a shallow oxide, silver-gold discovery at its Selena project in Nevada highlighted by 36.6 meters (\"m\") grading 67.08 g/t silver (\"Ag\") and 0.26 g/t gold (\"Au\") (Figures 1 & 2). Drill assays received to-date, suggest the Selena project is host to a silver enriched, Carlin-Type gold system with silver to gold ratio's typically exceeding 100 to 1. As a result, future exploration and reporting at Selena will focus on both silver and gold with composites reported in silver equivalent (\"AgEq\"). The Company has now completed twenty-two reverse circulation (\"RC\") drill holes in 2020 totaling 3,223m with wide-spaced drilling defining an oxide, silver-gold footprint that outcrops at surface and extends for over 1 kilometer (\"km\") down-dip and along strike. Drill results from three of eight Phase III drill holes are reported below with pending assays on the remaining five drill holes to be released in early 2021 (Table 1) Chad Peters, Ridgeline's President, CEO & Director, commented, \"We are very encouraged by the exceptional continuity exhibited at Selena in both surface trenching and drilling to-date with this discovery a testament to our teams data-driven approach to exploration. Each drill program in 2020 has intersected progressively thicker and higher-grade oxide, silver-gold intercepts with mineralization open in all directions.\"Phase III Highlight Drill Results:SE20-021: 36.6m grading 67.08 g/t Ag, 0.26 g/t Au or 90.05 g/t AgEqIncluding 22.9m grading 92.57 g/t Ag, 0.36 g/t Au or 123.81 g/t AgEqSE20-019: 15.2m grading 36.54 g/t Ag, 0.43 g/t Au or 74.04 g/t AgEqRidgeline Minerals President and CEO Chad Peters discusses the Phase III results Click Here2020 Exploration Highlights Include:Trench # 4: 38.1m grading 0.75 g/t Au, 49.30 g/t Ag (August 12, 2020 Press Release) or 38.1m grading 114.50 g/t AgEq SE20-007: 3.0m grading 0.41 g/t Au, 792.30 g/t Ag (September 15, 2020 Press Release) or 3.0m grading 828.0 g/t AgEqSE20-014: 29.0m grading 0.38 g/t Au, 65.28 g/t Ag (September 15, 2020 Press Release) or 29.0m gr...