Ridgeline Minerals Corp · TSXV:RDG
Ridgeline Minerals — Investor Presentation (May 2025)
40 slides from Ridgeline Minerals's investor presentation, May 15, 2025
Slide 1: Exploration Done Differently
1 Exploration Done Differently May 15, 2025 Corporate Deck TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0
Slide 2: Disclaimer
2 CAUTIONARY STATEMENT Disclaimer Forward Looking Statements Qualified Persons. Michael Harp, CPG., Vice President, Exploration, is the Qualified Person as defined by National Instrument 43-101 and has reviewed Statements contained in this press release that are not historical facts are “forward-loo
Slide 3: Ridgeline Minerals
3 ABOUT US Ridgeline Minerals Ridgeline is a US focused precious and base metal explorer with a portfolio of seven highly prospective exploration projects in Nevada including three earn-in agreements (US $60M) with Nevada Gold Mines & South32 5 Projects to be drilled in 2025 WORLD-CLASS $20M SOUTH32
Slide 4: Management Team
GLOBAL EXPERIENCE – DISCOVERY FOCUSED 4 Management Team Chad Peters B.Sc., P.Geo Mike Harp M.Sc., CPG Duane Lo CPA (CA) President, CEO & Director Vice President, Exploration CFO & Director ▪ Led multi-million-ounce high-grade CSD ▪ Led multi-million-ounce North Dark Star ▪ 20+ years of international
Slide 5: Capital Structure
MANAGMENT ALIGNED WITH SHAREHOLDERS 5 Capital Structure As at May 1, 2025 7.2% Management & 139.5M Large Shareholders Insiders Non-Diluted I/O o Merk Investments o Chad Peters – 3.5% o Stephens Investment Mgmt. 4.6M 2.6M 23.0M o Rick Rule Options RSU/DSU Warrants o Extract Capital o MJG Capital 169.
Slide 6: Hybrid Explorer Business Model
BUSINESS MODEL 6 Hybrid Explorer 4 3 Add Value With Discovery Reduce Risk With Partnerships 2 MONETIZE 1 DE-RISK 4 Monetize asset via sale DISCOVER . os m 3 Maiden resource 4 -2 12 EXPLORE Selena -$20M +20% “free-carry” 2 Discoveries advanced Swift - $30M +25% “free-carry” Black Ridge - $10M +25% “f
Slide 7: Partner-Funded Leverage to Discovery
BUSINESS MODEL 7 Partner-Funded Leverage to Discovery 30,000,000 RDG Invested Capital vs. Partner Funded Capital +552% leverage on every RDG $ spent $30M + 25% RDG Non- 25,000,000 Dilutive Stake 20,000,000 2025 Partner Funded Drill Budget US $9.5M $20M + 20% RDG Non- 15,000,000 Dilutive Stake 10,000
Slide 8: 7 Projects
Twin Creeks Midas BLACK RIDGE Turquoise BELL CREEK Carlin-Type Au 8 Ridge & COYOTE South Arturo $10M Earn-In Wells Carlin-Type Au Pinson CORE LAND POSITIONS Winnemucca Meikle Goldstrike Leeville-Turf Lone Tree Carlin Elko Mike 7 Projects Marigold Battle Mountain Gold Quarry Carlin BIG BLUE Porphyry
Slide 9: Big Blue
9 FLAGSHIP PROJECT Big Blue 50 km2 Land Package Porphyry & CRD Cu-Au-Ag ± Pb-Zn 100% OWNED HIGH-GRADE THE OPPORTUNITY 2025 OBJECTIVE 50km² land package covers past Delker Mine produced 94,434 pounds Cu Potential to discover porphyry/skarn • Q1- Maiden drill program to producing Delker and Skarn Hill
Slide 10: Historic Cu District
Delker Mine Produced 94k lbs. Cu @ 6.2% 10 1916-1917(14) Trench 1 BIG BLUE 0.6m @ 15.5% Cu, 0.03 g/t Au 3.9% Cu, Within 16.3 g/t Au, 2.4m @ 4.6% Cu, 0.02 g/t Au, Historic Cu District (qtz. Vein w VG ) 0.4% Cu, 9.6 g/t Au, (qtz. vein) U/G Shaft 0.3% Cu, 10.8% Cu, Delker ▪ The Big Blue Project include
Slide 11: 2024 IP Survey Lines
11 Delker Mine Trend BIG BLUE Produced 94k lbs. Cu @ 6.2% 1916-1917(14) 3.9% Cu, 0.4% Cu, 2024 IP Survey Lines 16.3 g/t Au 9.6 g/t Au 10.8% Cu, 0.1 g/t Au, Ohio Porphyry ▪ IP survey was designed as a first-pass survey Target Delker Shaft BB25-001 over both the Delker and Ohio porphyry (assays pendin
Slide 12: IP Line 72900N
12 DELKER TARGET Rock Chip Rock Chip IP Line 72900N A 10.8% & 15.5% Cu 0.5% Cu A’ Alluvial Cover Delker Mine ▪ Subtle chargeability high Carbonate rocks beneath the Delker Mine parallels the QFP dike swarm and increases in intensity at depth Delker Potassic Porphyry Target Zone? Chargeability 8-10 m
Slide 13: IP Line 72000N X-Sections
13 DELKER TARGET IP Line 72000N X-Sections ▪ Coincident resistivity anomaly directly adjacent to proposed Delker porphyry target (chargeability high) may represent alteration and sulfide mineralization associated with the QFP dike swarm plumbing out of the porphyry 3.9% Cu, 16.3 g/t Au, 0.4% Cu, 9.6
Slide 14: Delker Porphyry Target – Cu Skarn
14 BIG BLUE Delker Porphyry Target – Cu Skarn ▪ Mining at the Delker Mine targeted enriched oxide Cu skarn within 5 meters of the surface ▪ Historical operators did not explore at depth to target the potential porphyry Cu-Au source Sample #11 – 15.5% Cu Chrysocolla Big Blue Cu Skarn Chalcocite Chrys
Slide 15: Ohio Porphyry Target – VG
15 VG (1mm) BIG BLUE Ohio Porphyry Target – VG 10x Magnification VG ▪ Team has identified Visible Gold (VG) within quartz veins at the Ohio Target with grades up to 16.3 g/t Au and 3.95 Cu Quartz Vein ▪ Quartz veins occur as northwest trending discrete and Jurassic Porphyry stockwork vein sets that
Slide 16: Atlas
16 PIPELINE PROJECT Atlas 6.0 km2 Land Package Carlin-Type Oxide Au 100% OWNED OXIDE GOLD THE OPPORTUNITY 2025 OBJECTIVE 6.0km² land package covers a Multi-gram Au in rock chips at surface Untested prospect with identical host • Q1 - Permitting 3km + surface gold anomaly with with highlights includi
Slide 17: Carlin Trend Framework
17 ATLAS Carlin Trend Framework ▪ Regional fault structures, (Rhys et al 2015) suggest there are two parallel N/NE gold trends branching off the North Carlin Trend ▪ Rain/Emigrant to Dark Star/Pony Creek (8.0+ Moz. Au trend) ▪ Atlas (undrilled target) ▪ Northwest and N/NE fault intersections are key
Slide 18: Oxide Gold Target
18 ATLAS 0.7 g/t Au North Block 0.1 g/t Au Oxide Gold Target 0.1 g/t Au 7.7 g/t Au 3.2 g/t Au 1.4 g/t Au ▪ Historically explored with extensive surface Drill Pad geochemical data but never drilled 0.5 g/t Au Atlas Claim Boundary ▪ Carlin-Type Au system is hosted in Penn/Perm South Block rock package
Slide 19: Dark Star Analogue
19 ATLAS North Block North Dark Star Dark Star Analogue West RDG Drill Dark Star Dark Star Pads ▪ Using the Dark Star deposit footprint (now Deposit Overlay ~1.0 Moz Au @ 0.9 g/t operated by Orla Mining) as a direct analogue, (to-scale deposit footprint) Main Atlas North exhibits a surface gold foot
Slide 20: Selena
20 PARTNER PROJECTS Selena Optioned – South32 39 km2 Land Package Carbonate Replacement Deposit Ag-Pb-Zn-Au ± Cu-W Click Here SOUTH32 EARN-IN HIGH-GRADE THE OPPORTUNITY 2025 OBJECTIVES US $20M earn-in agreement Chinchilla Zone Define a large open-pit and • Complete maiden drill signed with S32 (08-2
Slide 21: South32 Earn-In
21 SELENA South32 Earn-In ▪ Partnering with South32 at Selena secures the necessary funding for deep drilling (1,000+ meters) at the high- priority Chinchilla Sulfide CRD target ▪ Deal structure provides Ridgeline with a 40% to 20% stake in Selena dependent on Phase I & Phase II milestones ▪ RDG “fu
Slide 22: Discovery Potential
22 SELENA Selena Discovery Potential CRD Discovery - Nevada Hilltop CRD Discovery - Nevada Selena (RDG – South32 Earn-In) Hermosa-Taylor OPEN 3.7km + Strike CRD Deposit - Arizona Discovery Holes (2021-2022 (2)) 6.1m @ 480 g/t Ag, 6.4% Zn, 12.0% Pb, 0.1 g/t Au – SE22-045 Cinco De Mayo 4.6m @ 421.0 g/
Slide 23: District-Scale Property
23 SELENA Bald Mountain Mine District-Scale Property (Kinross) ▪ 39km² land package in the historic Limousine Butte mining district in Nevada ▪ Shared boundary with the Butte Valley FCX - JV Porphyry, a US $33M Freeport – McMoRan FCX - JV earn-in agreement with Falcon Butte FCX - JV Minerals (see Oc
Slide 24: Chinchilla Sulfide Target
24 SELENA Chinchilla Sulfide Target SE22-037 MT Contours 15.3m @ 156.3 g/t AgEq (Ω.m) Chinchilla Oxide Ag-Pb-Zn-Au ± Cu-W ▪ 2024 magnetotellurics (MT) survey has Incl: Drill 3.0m @ 605.30 g/t AgEq Pads 1 identified a km-scale conductive (starting @ 735m) AgEq Grade Thickness Contours anomaly that un
Slide 25: Chinchilla Sulfide Target: X-Section A-A’
25 SELENA Chinchilla Sulfide Target: X-Section A-A’ ▪ The 2024 MT Survey highlights a km-scale MT conductivity anomaly at Chinchilla Sulfide that will be tested in 2025 2 Historical Butte Valley Drill Intercepts BV-14: 36.5m @ 0.2% Cu, 0.1 g/t Au, 0.5g/t Ag,(6) Chinchilla Oxide A’ Chinchilla Sulfide
Slide 26: Chinchilla Sulfide Target: X-Section B-B’
26 SELENA Chinchilla Sulfide Target: X-Section B-B’ ▪ 2025 drillholes (red stars) will test both the vertical and strike extents of the MT anomaly at Chinchilla Sulfide B 1 3 2 B’ SE22-038 1.5m @ 342.9 g/t AgEq (projected on section) Mineralizing thrust fault is shallowing to the north Strong MT Ano
Slide 27: Chinchilla Sulfide Target vs Taylor Sulfide Deposit
27 SELENA Chinchilla Sulfide Target vs Taylor Sulfide Deposit ▪ The Chinchilla Sulfide Target exhibits similar scale potential & proximity to a porphyry source as the Taylor Sulfide Deposit (South32 comparison for illustrative purposes only) with MT results supporting Ridgelines deeper sulfide targe
Slide 28: Swift
28 PARTNER PROJECTS Swift Optioned - Nevada Gold Mines 75 km2 Land Package Carlin- Type Au-Ag Click Here NGM EARN-IN LOCATION THE OPPORTUNITY 2025 OBJECTIVE US $30M earn-in agreement District-scale land package on NGM targeting a 5+ Moz high- • US$5.0M exploration budget to be signed with NGM (09-22
Slide 29: Nevada Gold Mines Earn-In
29 SWIFT Nevada Gold Mines Earn-In ▪ Partnering with NGM at Swift eliminates the high exploration risk and cost associated with deep drilling ▪ Deal structure provides Ridgeline with exposure to Swift across all levels of project development with zero corporate dilution ▪ NGM aggressively exploring
Slide 30: Discovery Potential
30 SW24-006 Swift Project 2.7m @ 7.0 g/t Au ($30M RDG-NGM JV) SWIFT Incl: 1.1m @ 10.4 g/t Au Elder Creek Discovery Potential NGM DDH Robertson PWC Project ($20M Kinross – RLYG JV) SW24-007 Clipper ▪ First six NGM framework holes (2021-2024) 24.7m @ 0.5 g/t Au Incl: at Swift have hit significant gold
Slide 31: Schematic Long Section A-A’
31 SWIFT Schematic Long Section A-A’ ▪ SW24-006 returned the highest-grade drill results in project history including 1.1m @ 10.4 g/t Au within 2.7m @ 7.0 g/t ▪ Comparable grades to the P&P reserve grade of 6.3Moz Au @ 7.27 (8) for NGM’s Cortez Complex Underground A NGM SWIFT - RDG A’ 9.1m @ 0.5g/t
Slide 32: SW24-006 High-Grade Zone
32 SWIFT SW24-006 High-Grade Zone SW24-006 Mineralized Intercept 2.7m @ 7.0 g/t Au including 1.1m @ 10.4 g/t Au 0.7 g/t Au 1.5 g/t Au <0.1 g/t Au 1.3 g/t Au 0.3 g/t Au 10.4 g/t Au 5.5 g/t Au 0.2 g/t Au <0.1 g/t Au SW24-006 Core Photo Source: modified from Nevada Gold Mines Higher Au grades related t
Slide 33: Barrick Q3 2024 Results Presentation
33 SWIFT Barrick Q3 2024 Results Presentation RDG – NGM JV RDG – NGM JV Modified from Barrick Q3 Results Presentation
Slide 34: Black Ridge
34 PARTNER PROJECTS Black Ridge Optioned - Nevada Gold Mines 19.5 km2 Carlin Trend Land Package Carlin- Type Au-Ag Click Here NGM EARN-IN STRATEGIC LOCATION THE OPPORTUNITY 2025 OBJECTIVE US $10M earn-in agreement US $1M NGM budget to complete ~4km down-strike of the Leeville Significant discovery p
Slide 35: Nevada Gold Mines Earn-In
35 BLACK RIDGE Nevada Gold Mines Earn-In ▪ Deal structure provides Ridgeline with exposure to Black Ridge from discovery to project development with zero corporate dilution ▪ Second Ridgeline deal with NGM totaling US$40M in potential total expenditures across Black Ridge and Swift projects To view
Slide 36: Strategic Location
36 REN BLACK RIDGE 1.6Moz @ 6.6 g/t Au(9) Coyote (NGM) (100% RDG) Strategic Location Bell Creek (100% RDG) Black Ridge (NGM Earn-in) ▪ On-strike of NGM’s maiden inferred resource at Fallon (previously North Leeville) of 1.0 Moz. Au @ 11.3 g/t (9) Highlight Fallon Drill Intercepts Carlin Mine N 19 km
Slide 37: Leeville Schematic Long Section
37 BLACK RIDGE Leeville Schematic Long Section ▪ Nevada Gold Mines to spend US$200k on systematic field mapping, soil sampling and target generation in 2024 to support a maiden drill program in 2025 ▪ CE21-003 intersected unaltered Rodeo Creek Formation (a host at the Fallon discovery and Leeville -
Slide 38: 2025 Exploration Strategy
DIVERSIFIED PROJECT PIPELINE 38 2025 Exploration Strategy 100% OWNED- PORPHYRY CU Big Blue – Past Cu producer, RDG targeting porphyry Cu & CRD PARTNER PROJECTS discoveries under shallow cover Swift - $30M NGM earn-in Q1-Q2 Maiden drill program in progress Selena - $20M S32 earn-in Black Ridge –$10M
Slide 39: Contact
39 PRESIDENT & CEO INVESTOR RELATIONS Chad Peters, P.Geo David Jan 775-304-9773 604-828-2255 cpeters@ridgelineminerals.com info@ridgelineminerals.com Icon Logo Description automatically generated Description automatically generated ridgelineminerals.com TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0 ridgelin
Slide 40: Board of Directors
GLOBAL EXPERIENCE – DISCOVERY FOCUSED 40 Board of Directors Chad Peters, President, CEO & Director Duane Lo, CFO & Director 15 years of exploration and production experience. Co-founded 20+ years International accounting and financial management Ridgeline in 2018, former exploration manager for Prem
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