Business
Ridgeline Minerals Initiates Drill Program at the Chinchilla Sulfide CRD Discovery, Selena Project
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company")
About this update from Ridgeline Minerals Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to announce the initiation of the Company's 2026 partner-funded drill program at the Chinchilla Sulfide Carbonate Replacement (\"CRD\") discovery at the Selena (\"Selena\") project. Drilling will take a phased approach in 2026 with the program starting with three deep holes targeting the Chinchilla Sulfide discovery (Figure 1 & Picture 1) SE26-055 is a 250m step-out to the northeast of 2025 discovery hole SE25-053 which intersected multiple lenses of massive sulfide CRD style mineralization ranging from 1.1 - 17.4m thick including highlight intercepts of 1.1m grading 27.0% Zn, 60.1 g/t Ag, 0.7% Pb, 1.5 g/t Au, 0.4% Cu, 0.03% Sb (766.4 g/t AgEq or 31.9% ZnEq) starting at 943m downhole, true thickness unknown And: 17.4 meters grading 6.0% Zn, 35.6 g/t Ag, 0.5% Pb, 0.2 g/t Au, 0.1% Cu, 0.1% Sb (219.9 g/t AgEq or 9.2% ZnEq) (Figure 1) And: 8.7 meters grading 7.0% Zn, 13.9 g/t Ag, 0.3% Pb, 0.1 g/t Au, 0.1% Cu, 0.01% Sb (175.5 g/t AgEq or 7.3% ZnEq) (See December 18, 2025 PR HERE) SE26-056 will test between SE25-053 and the Company's 2022 RC drillhole SE22-038 that intercepted 1.5m grading 97.4 g/t Ag, 4.9% Zn, 0.1% Pb and 0.4 g/t Au in the same oxide upper horizon as SE25-054 (see March 16, 2026 PR HERE) but did not drill deep enough to test the projection of the same sulfide CRD horizon that was intercepted in SE25-053 (Figure 1) SE26-057 will test a new target concept adjacent to the Butte Valley Cu-Au-Ag-Zn porphyry system with the goal of intersecting copper-silver enriched skarn mineralization that is projected along the margins of the Butte Valley porphyry (Figure 1) Borehole electromagnetic (\"BHEM\") surveys will be completed in early-mid June in holes SE25-053 and SE25-054 to assist in the 3D modelling of conductive sulphide-rich zones at depth and laterally from the drill holes. It is anticipated that results from the BHEM surveys will help guide additional future drilling at the project. About Selena The Selena project is a silver-lead-zinc-gold-copper ± antimony carbonate replacement (\"CRD\") style exploration project operated by Ridgeline Minerals and funded by a wholly owned subsidiary of South32 Limited (\"South32\"). The project is curre...