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Ridgeline Minerals Provides Drill Program Update at the Swift and Selena Projects
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2022) - Ridgeline Minerals Corp. (TSX...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Provides Drill Program Update at the Swift and Selena ProjectsVancouver, British Columbia--(Newsfile Corp. - December 14, 2022) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\")  is pleased to provide an update on ongoing drill programs and exploration activities at the Company's Selena and Swift projects in Nevada with a summary of drill program highlights below.Chad Peters, Ridgeline's President, CEO & Director commented, \"We are excited to see two Ridgeline projects being drilled this fall, with exploration expenditures at Swift fully funded by our partners at Nevada Gold Mines. Drilling at both Selena and Swift will be complete before the end of the year, and we look forward to releasing assay results as they become available in 2023.\"Swift ProjectNevada Gold Mines (\"NGM\") (Swift project operators) has completed two of three deep (1,000+ meters each) core holes as part of its 2022 framework drill program. The third core hole is in-progress with an anticipated completion date before the end of 2022.Barrick Gold (61.5% shareholder in the Nevada Gold Mines Joint Venture) highlighted \"significant alteration and anomalous gold\" at the Swift project in its November 18, 2022 Investor Day Presentation (see full presentation HERE) (Figure 1).All assays are currently pending with results expected in the first quarter of 2023.Figure 1: Cortez District exploration slide (#13) from the Barrick Investor Day Presentation highlighting \"significant alteration and anomalous gold\" in its 2022 drill program at Swift (assays pending)To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/7298/147949_a5dd97722445b82c_002full.jpgSelena Project The Company has completed 6 of 7 holes to-date with an anticipated completion date on or before December 16, 2022 (Figure 2).Two holes were complete at the Chinchilla target with hole SE22-045 added at the end of the program to follow up on positive visual and handheld XRF observations inferred from hole SE22- 039.One hole was drilled at the Juniper target to test the down-dip continuity of historical drill intercepts located ~500 meters to the east.Four wide-spaced core holes were drilled at the Broken Egg target to test multiple outcropping oxide gold targets.All assays are c...