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Ridgeline Minerals Expands Silver-Gold Discovery at the Selena Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) -  Ridgeline Minerals Co...

articleRidgeline Minerals CorpJanuary 20, 20213/company/cpetersridgelinemineralscoms-org/news/ridgeline-minerals-expands-silver-gold-discovery-at-the-selena-project-nevada
Ridgeline Minerals Expands Silver-Gold Discovery at the Selena Project, Nevada

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[{"type":"text","content":"Ridgeline Minerals Expands Silver-Gold Discovery at the Selena Project, NevadaVancouver, British Columbia--(Newsfile Corp. - January 20, 2021) -  Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (WKN: A2QBQ4) (\"Ridgeline\" or the \"Company\") is pleased to announce drillhole SE20-022 has expanded the Selena shallow-oxide, silver-gold discovery (See December 9, 2020 press release) 300 meters (\"m\") to the west of SE20-007 and 600m to the north of discovery hole SE20-021. Wide-spaced drilling has now defined an oxide, silver-gold footprint that outcrops at surface and exhibits exceptional continuity down-dip and along strike for over one kilometer (\"km\") (Figure 1). Phase III drill program results are highlighted below.Chad Peters, Ridgeline President & CEO commented, \"What has emerged from our 2020 drill program is a new silver-gold discovery that continues to show potential for scale. Our latest drill results further expand the discovery footprint, while also confirming grade continuity across wide-spaced drilling. Our strategy in 2021 is to conduct additional step-out drilling down-dip and along strike of known mineralization with the objective of defining the overall footprint of this exciting new discovery.Phase III Discovery Highlights (Figure 2):SE20-022: 42.6m grading 16.78 g/t Ag, 0.04 g/t Au or 20.3 g/t silver equivalent (\"AgEQ\")Including 13.7m grading 38.76 g/t Ag, 0.10 g/t Au or 47.46 g/t AgEq (Table 1)Ridgeline's technical team observed sample recovery issues throughout the altered and mineralized horizon in SE20-022 due to intense collapse brecciation (caving) of the zone, which is common adjacent to fault zones in Carlin-Type deposits. As a result, SE20-022 returned an average sample loss of 66% by weight compared to representative drill holes nearby (see SE20-022 chip tray photo). The Company will drill a core twin of SE20-022 early in its 2021 drill program to ensure representative sample recovery throughout the collapse breccia zone (Figure 2). Hole SE20-015-018 tested the intended target along the southern extension of the Juniper fault but did not intersect significant mineralization suggesting the system weakens to the southeastAs previously announced on December 9, 2020:SE20-021: 36.6m grading 67.08 g/t Ag, 0.26 g/t Au or 90.05 g/t AgEq Including 22.9m grading 92.57 g/t Ag, 0.36 g/t Au...

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