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Ridgestone Samples up to 12.95 g/t Gold Within Large Zone of Widespread Gold and Copper Mineralization at Its Rebeico Project, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2020) - Ridgestone Mining Inc. ( TS...
About this update from Ridgestone Mining, Inc.
[{"type":"text","content":"Ridgestone Samples up to 12.95 g/t Gold Within Large Zone of Widespread Gold and Copper Mineralization at Its Rebeico Project, Sonora, MexicoVancouver, British Columbia--(Newsfile Corp. - January 28, 2020) - Ridgestone Mining Inc. (TSXV: RMI) (OTCQB: RIGMF) (\"Ridgestone Mining\" or \"The Company\"), is pleased to announce results from a recently completed rock-chip sampling program conducted on its Rebeico Gold & Copper Project, Sonora, Mexico.The sampling focused on the New Year Zone, where reconnaissance rock chip sampling by Agnico Eagle Mines (AEM-T) in 2012 and later by Ridgestone's exploration team, returned up to 2 g/t gold and 0.63% copper.HIGHLIGHTS:Widespread gold and copper mineralization at surface distributed over and area of 125 meters by 175 meters (2.2 hectares);High-Grade gold, up to 12.95 g/t, including 8 rock-chip samples assaying > 4.0 g/t gold, 30 samples > 1.0 g/t gold and 33 samples between 0.1 to 1.0 g/t gold;Copper: 73 samples > 0.1% Cu, including 14 samples > 0.4% Cu (maximum 0.65 % Cu); andHigh Bismuth associated with significant gold and copper assays indicates a proximal intrusion-related mineralized system. The sampling program involved the initial collection of 115 rock-chip samples over a grid covering an area of approximately 200 meters by 180 meters. These averaged 1.0 meter in width and were collected from outcrops and weathered talus. Another 73 rock-chip samples, each of approximately 3.0 meters in width were then collected along road cuts and nearby outcrops.Altogether, a total of 188 samples, with an average weight of 4.5 kilograms, were collected and submitted to ALS Chemex for analysis for gold, copper and multi-elements.Significant gold and copper mineralization occurs over an area of approximately 125 meters by 175 meters in the eastern part of the sampled area as shown in Figure 1 and Figure 2. Mineralization is hosted by brecciated andesite with variable amounts of gossan +/- magnetite, +/- quartz as well as chloritized and fractured andesite peripheral to the brecciated zones. Bismuth is strongly elevated and associated with gold and copper as shown in Figure 3.Figure 1: Gold in rock-chip samples on New Year ZoneTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/5790/51853_11b46846549848ac_001full.jpgFigure 2: Copper in rock-c...