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Ridgeline Minerals Samples up to 9.6 g/t Gold and 0.4% Copper at the Big Blue Porphyry Project, Nevada
NOI exploration permit approved for up to 38 drill sites IP Geophysics survey scheduled for su...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Samples up to 9.6 g/t Gold and 0.4% Copper at the Big Blue Porphyry Project, NevadaNOI exploration permit approved for up to 38 drill sitesIP Geophysics survey scheduled for summer 2024Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to announce additional high-grade surface rock chip results at the Big Blue (\"Big Blue\") porphyry copper (\"Cu\") - gold (\"Au\") - silver (\"Ag\") project in Elko County, Nevada. The sampling was completed by Ridgeline's technical team during reconnaissance prospecting and mapping at a high priority porphyry target located approximately three kilometers (\"km\") to the west of the Delker Mine, which historically produced 94,434 pounds of copper at an average grade of 6.2% Cu between 1916-1917 1 (Figure 1). Both porphyry targets, as originally defined by historic magnetic surveys are largely beneath shallow alluvial cover and future drill targeting will benefit greatly from the upcoming induced polarization (\"IP\") survey scheduled to begin this summer.Michael Harp, Ridgeline's Vice President, Exploration commented, \"Today's rock chip results continue to validate our exploration model at Big Blue, which projects at least two potential porphyry centers under shallow alluvial cover. We are also seeing an increase in gold grades to the west, where highlight samples returning up to 9.6 g/t gold represent the highest-grade gold values ever sampled on the project. Our IP geophysics program this summer has been designed to test for chargeability anomalies at depth across both porphyry targets and we eagerly anticipate the commencement of the survey in late July.\"Surface Sampling Highlights:New Porphyry Target: 0.44% Cu, 9.56 grams per tonne (\"g/t\") Au, 0.30 g/t Ag and 0.25% Cu, 0.10 g/t Au, and 0.20 g/t Ag from two chip samples taken from separate outcropping quartz veins (Figure 1)The presence of highly elevated molybdenum (\"Mo\") values (average of 220.5 parts per million (\"ppm\") Mo) in the two rock chips taken at this new porphyry target compared to 94 rock chips in the Delker Mine area (average of 10.0 ppm Mo) suggests the porphyry system may be vectoring towards the westAdditional surface sampling and mapping required in this areaPreviously repo...