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Ridgeline Minerals Provides Drilling Update at the Selena CRD Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - Ridgeline Minerals Corp. (TS...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Provides Drilling Update at the Selena CRD Project, NevadaVancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to provide an update on the Company's ongoing drill program at the Selena Project, Nevada (Figure 1). Selena is host to a silver (\"Ag\") - gold (\"Au\") - lead (\"Pb\") - zinc (\"Zn\") carbonate replacement (\"CRD\") style discovery located in White Pine County, Nevada. The objective of the 3,000-meter (\"m\") core program is to both infill the high-grade upper Chinchilla Zone (see July 24, 2023 press release HERE), as well as to test beneath the Chinchilla Zone for stacked sulfide horizons at depth (Figure 2). A summary of drilling progress is highlighted below.Drill Program SummaryDrill hole SE23-046 was lost due to difficult drilling conditions at 126.8 m downhole with the bottom 7.3 m of the hole intersecting strongly brecciated and oxidized mineralization consistent with the top of the Chinchilla Zone (Figure 2).Assays of the truncated upper zone returned 7.3 m grading 64.2 grams per tonne (\"g/t\") Ag, 0.8% Pb, 2.9% Zn and 0.1 g/t Au (Figure 3) or;7.3 m grading 221.20 g/t silver equivalent (\"AgEq\") (Assumed metal prices $20 Ag, $0.90 Pb, $1.25 Zn, $1800 Au, no recovery factory applied).Drill hole SE23-047 re-drilled SE22-046 to a depth of 200.1 m and intersected the same upper Chinchilla oxide horizon over a 50 m + thick intercept (assays pending) (Figure 2 & Figure 3). The thickness of the altered and mineralized zone in SE23-047 is consistent with nearby reverse circulation drilling in holes SE21-013 and SE21-14. Drill hole SE23-048 is in progress and will be drilled to depths of 400-500m to test for deeper sulfide horizons within the historically untested lower Guilmette limestone (Figure 3)The core program is tracking on-budget but running behind the originally proposed schedule due to mechanical delays associated with the drill rig, which have now been resolved.Mike Harp, Ridgeline's Vice President, Exploration commented, \"We continue to be impressed by the continuity of mineralization at the Chinchilla Zone with hole 47 intersecting a thick, continuous zone of oxide mineralization that is visually consistent with nearby RC drillholes drilling during our 2021...