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Ridgeline Minerals MT Survey Confirms High-Priority 2025 Drill Targets at the Selena CRD Project, Nevada
To view a summary of today's press release by Ridgeline CEO Chad Peters, click HERE Vancou...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals MT Survey Confirms High-Priority 2025 Drill Targets at the Selena CRD Project, NevadaTo view a summary of today's press release by Ridgeline CEO Chad Peters, click HERE Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to announce the results of the Magnetotellurics (\"MT\") Geophysical survey completed in late 2024 at the Selena Carbonate Replacement (\"CRD\") project (\"Selena\" or \"Project\") (Figure 1). The MT survey has identified a strong, kilometer-scale conductive anomaly that suggests the potential for the Chinchilla Sulfide target to host a robust silver (\"Ag\") - gold (\"Au\") - lead (\"Pb\") - zinc (\"Zn\") CRD system at depth. Given these results, budgeting and planning in support of an accelerated 2025 Phase I drill campaign is currently in progress.The Project is currently being operated by Ridgeline under Phase 1 of the earn-in agreement with a wholly owned subsidiary of South32 Limited (\"South32\"). Highlights of the MT survey are detailed below.Mike Harp, Ridgeline's Vice President, Exploration commented, \"The CRD target coming together at Chinchilla Sulfide has exceeded our teams' expectations in every way. The scale and intensity of the MT anomaly, combined with two high-grade intercepts drilled by our team in 2022 that tested the edges of the previously unknown MT anomaly now suggests we are vectoring towards a sulfide CRD horizon at depth.\" Mr. Harp continues, \"Drill planning is in progress for our 2025 program and the inclusion of the MT data into our geological model has allowed us to more efficiently target the highest priority anomalies at depth. We have a high degree of confidence in the MT interpretation given that our partners at South32 have utilized MT geophysics to identify mineralized CRD trends at the Taylor deposit, part of South32's Hermosa project in Arizona.\"MT Survey HighlightsChinchilla Sulfide - Geologically constrained 3D inversion modeling of the MT survey has identified a large conductive anomaly with dimensions of approximately 1.5 kilometers (\"km\") wide by 600 meters (\"m\") in estimated thickness, and extends for over 2.0 km along strike (Figure 2 & Figure 3)The \"core\" of the MT anomaly ranges from 25.0 - 100.0-ohm met...