Ridgeline Minerals Corp · TSXV:RDG
Ridgeline Minerals — Investor Presentation (July 2021)
46 slides from Ridgeline Minerals's investor presentation, Jul 8, 2021
Slide 1: Exploration Done Differently
1 Exploration Done Differently Finding Nevada’s Next Discovery July 8, 2021 Corporate Presentation TSX-V: RDG | OTCQB: RDGMF FRA: 0GC0
Slide 2: Disclaimer
2 CAUTIONARY STATEMENT Disclaimer Readers should not place any undue reliance on information in this summary for any purpose other than for gaining general knowledge of Ridgeline Minerals Corporation (“Ridgeline”, or the “Company”). Statements contained in this presentation that are Qualified Person
Slide 3: Why Invest In Ridgeline Minerals
3 ABOUT US Why Invest In Ridgeline Minerals Ridgeline is a well-funded Nevada focused Gold-Silver explorer with a 154 km² exploration portfolio across four projects in the Carlin and Battle Mountain – Eureka Trends L O C AT I O N S T R AT E G I C D R I L L I N G EXPERIENCED GOLD Nevada - top ranked
Slide 4: Our Team
GLOBAL EXPERIENCE – NEVADA FOCUSED 4 Our Team EXPERIENCE ACHIEVEMENTS ROLES Chad Peters, B.Sc., P.Geo. 10+ years Nevada gold exploration, led multi-million ounce CSD Gap discovery with ▪ Co-founder of Ridgeline Minerals President, CEO & Director Premier Gold ▪ Former US Exploration Manager, Premier
Slide 5: Capital Structure
5 ALIGNED WITH SHAREHOLDERS Capital Structure As at June 1, 2021 15% Management 55.6M Cash ~ C$5.8M • Chad Peters – 6.8% Non-Diluted I/O 16% Public Companies • EMX Royalty • Vior Inc. 3.7M 0.7M 9.9M • Ethos Gold Options ($0.12 - $0.50) RSU/DSU ($0.36) Warrants ($0.55 - $0.75) Private Placement 13% I
Slide 6: 4 Projects
Turquoise Twin Midas Creeks CARLIN-EAST 6 Ridge South Arturo & Wells Pinson BELL CREEK LOCATION IS KEY Winnemucca Meikle Goldstrike Leeville-Turf Lone Tree Carlin Elko Mike 4 Projects Marigold Battle Mountain Gold Quarry Carlin Rain Phoenix Copper Emigrant Basin 154 km2 Exploration Hilltop Fire Cree
Slide 7: Selena
7 OUR PROJECTS Selena 39 km2 Land Package Oxide Open-Pit Ag-Au Target Click Here 100% OWNED F U L LY P E R M I T T E D DRILLING IN 2021 NEW DISCOVERY 100% owned(5) land package. Permitted and bonded 5.0 Phase IV infill and step-out drill 2021 drilling returned up to 44.2m 12km southeast of Bald acre
Slide 8: District-Scale Potential
8 SELENA Silver Equivalent Grade Thickness Map Sonic Target BV-9 16.8m @ 6.7 g/t Ag, 0.2 g/t Au New District-Scale Potential SE21-032 & 033 SE21-030 & 031 Pending (historic) Discovery Broken Egg Target Pending Alligator Ridge Bald Mountain Kinross Gold Kinross Gold Trench #4 Revival Target 38.1m @ 5
Slide 9: Selena X-Section A-A’
9 SELENA X-Section A-A’ Looking Northwest SE20-002 A’ SE20-006 SE20-003 SE20-007 BV-34 Historic 48.7m A @ 88.4 g/t 12.2m @ 141.0 g/t Trench #5 Incl: 3.0m @ 486.8 g/t Trench #4 56.4m @ 68.1 g/t 25.9m 38.1m @ 102.6 g/t 30.5m @ 30.2 g/t @ 45.4 g/t 42.6m 1.5m @ 51.2 g/t 24.4m @ 101 g/t @ 20.6 g/t (EOH)
Slide 10: X-Section B-B’
10 SELENA X-Section B-B’ Looking Northwest B’ 24.4m SE21-024 B 24.4m 10.7m @ 194.0 g/t Ag @ 2.5 g/t No @ 1.5g/t Significant Historic DDH 0.3 g/t Au, 2.0% Pb, Values 1.7% Zn SE20-16 did not adequately test target High-grade Ag-Pb-Zn intercepts in 2021 drilling highlight potential at depth SE21-025 44
Slide 11: X-Section C-C’
11 SELENA X-Section C-C’ ▪ Chainman Shale and Joanna Limestone contact is weakly tested across the property and is a regional host rock to multiple past and currently producing gold mines Looking Northwest SE21-027 (Projected on Section) C’ C No Significant 71.6m Values @ 31.8 g/t 13.7m @ 10.6 g/t 4
Slide 12: Evolving Geologic Model
Sonic Target 12 SELENA SE21-025 2020 BV Porphyry 44.2m @ 123.2 g/t Ag Ag-Au Discovery Cu-Au 0.1 g/t Au, 2.0% Pb, Evolving Geologic Model 0.6% Zn Juniper Target BV-16 SE21-024 10.7m @ 194.0 g/t Ag 0.3 g/t Au, 2.0% Pb, New ▪ 2021 drilling has intercepted high-grade Ag-Pb- BV-06 Claims 1.7% Zn Zn miner
Slide 13: Porphyry Zonation
High Sulfidation Epithermal 13 Disseminated Au-Ag ± Cu SELENA Porphyry Zonation High Sulfidation Lode Cu-Au ± Ag ▪ Mineralization at Selena exhibits Base of Lithocap porphyry zonation characteristics with Distal Au Ridgeline drilling to date defining: Skarn ▪ Shallow-oxide, sediment hosted Sediment
Slide 14: Carlin-East
14 OUR PROJECTS Carlin-East 35 km2 Carlin Trend Land Package High-Grade Underground Au Target Click Here 100% OWNED F U L LY P E R M I T T E D DRILLING IN 2021 S T R AT E G I C L A N D P O S I T I O N 100% owned land package in the Fully permitted and Bonded Drill program (3,000m) starting On-strike
Slide 15: Strategic Land Position
1 Bell Creek ) 5 CARLIN-EAST Crash Zone CE21-003 B B Strategic Land Position CE19-002 CE19-001 ▪ ~4.5km north of and on-strike of the Nevada Gold Mines operated Leeville- Carlin-East Turf mine(1) Leeville ▪ ~3.5km north of the North Leeville Corridor discovery (announced Q2, 2020) 12.3m @ 18.3 g/t C
Slide 16: Renewed Exploration Focus
1 X-Section A-A’ – Leeville-Turf Deposit 6 Leeville-Turf Renewed Exploration Focus ▪ Nevada Gold Mines began drilling the northern extension of the Leeville-Turf deposit in 2020 (see x-section A-A’) ▪ North Leeville discovery is ~1km to the north and hosted along the same Four Corners fault zone tha
Slide 17: High-Grade Gold Target
17 CARLIN-EAST High-Grade Gold Target
Slide 18: Bell Creek
18 OUR PROJECTS Bell Creek 5 km2 Carlin Trend Land Package High-Grade Underground Au Target Click Here 100% OWNED PERMITTING DRILLING IN 2020 S T R AT E G I C L A N D P O S I T I O N Lease with option to Executed surface access Nevada Gold Mines recently Shared boundary with the Banshee-Ren purchase
Slide 19: Strategic Mineral Rights
19 BELL CREEK Strategic Mineral Rights ▪ Nevada Gold Mines (NGM) drilled the Sinkhole Breccia target at the Ren Property (leased from Ely Gold) in Q3,2020 ) ▪ Located ~250m west of Bell Creek Sinkhole Breccia ▪ 24 Zone at Ren includes historic intercepts of 42.7m @ 32.6 g/t Au in RU- 24C ▪ Potential
Slide 20: What Next?
Ridgeline VP Exploration, Mike Harp with Nevada Gold 20 Mines drill rig in the background BELL CREEK Sinkhole Breccia Target What Next? ▪ Baseline geologic data collection including geophysics and surface geochemistry ~250m planned for Q3-Q4, 2021 ▪ Ridgeline to continue analyzing NGM drill results
Slide 21: Swift
21 OUR PROJECTS Swift 50 km2 Land Package High-Grade Underground Au Target Click Here 100% OWNED F U L LY P E R M I T T E D DRILLING IN 2020 S T R AT E G I C L A N D PA C K A G E 100% owned(5) land positioned in 5.0 acre BLM Notice of 3,000m Phase I drill program District-scale land package ~7km NW
Slide 22: Cortez District Stratigraphy
22 OUR PROJECTS Cortez District Stratigraphy Cortez District Swift Gold Zones Host Rocks Cortez Complex includes the Pipeline, Cortez Hills and Goldrush deposits (6)
Slide 23: District-Scale Property
23 SWIFT District-Scale Property 75km² Land Package ▪ 2020 drill program at the Fallen City target intersected narrow Historic DDH gold-silver intercepts within (Too Shallow) highly prospective Wenban MCK-99-5A 18.3m @ 0.65 g/t Au Formation host rocks at relatively 0.46 g/t Ag (Historic DDH) shallow
Slide 24: Schematic X-Section A-A’
24 SWIFT Arsenic plume in Schematic X-Section A-A’ Historic open-pit gold mine at surface historic drilling Looking Northwest Elder Creek Mine A’ Projected On Section A ~2km 0.2m @ 0.22 g/t Au, 860.0 g/t Ag Goat Anticline 18.3m @ Fallen City Target 0.65 g/t Au, Intrusive 0.46 g/t Ag Mill Creek Targe
Slide 25: Near-Term Catalysts and Upside Potential
25 SUMMARY Near-Term Catalysts J U N E - J U LY 2 0 2 1 JUNE-AUGUST 2021 AUGUST-SEPTEMBER 2021 Selena – Phase IV drill Carlin-East – Crash Zone Carlin-East - Crash Zone drill results drill program (3,000m) results Upside Potential ▪ Significant growth potential at the Selena shallow-oxide Ag-Au disc
Slide 26: Contact
866-RDG-NVAU (734-6828) – toll free TSX-V: RDG | OTCQB: RDGMF Chad Peters , P.Geo info@ridgelineminerals.com President, CEO & Director FRA: 0GC0 ridgelineminerals.com
Slide 27: Carlin-East
27 APPENDIX Carlin-East
Slide 28: Barrick Q3, 2020 Investor Day
28 North Leeville Discovery Barrick Q3, 2020 Investor Day Carlin East (~3.5km) Modified from Barrick Gold Quarterly Reporting (7)
Slide 29: Barrick Q4, 2020 Report
29 North Leeville Discovery Barrick Q4, 2020 Report Multi-million-ounce growth potential Modified from Barrick Q4, 2020 report(6)
Slide 30: Barrick Q4, 2020 Report
30 North Leeville Discovery Barrick Q4, 2020 Report Modified from Barrick Q4, 2020 report(6)
Slide 31: Schematic X-Section A-A’
31 Ridgeline 2019 Drill Program Schematic X-Section A-A’ ▪ 2019 drilling at Carlin-East confirmed its conceptual geologic model by intersecting Lower Plate Rodeo Creek Formation in drillhole CE19-001 at 790m downhole ▪ Rodeo Creek was anonymously altered with gold and Carlin-Type pathfinder elements
Slide 32: Selena
32 APPENDIX SELENA
Slide 33: Shallow-Oxide Silver-Gold
33 SELENA Silver Equivalent Grade Thickness Map Sonic Target BV-9 16.8m @ 6.7 g/t Ag, 0.2 g/t Au New Shallow-Oxide Silver-Gold SE21-030 & 031 Pending (historic) Discovery Broken Egg Target Alligator Ridge Bald Mountain SE21-032 & 033 Pending Kinross Gold Kinross Gold Trench #4 Revival Target 38.1m @
Slide 34: Selena X-Section A-A’
34 SELENA X-Section A-A’ Looking Northwest SE20-002 A’ SE20-006 SE20-003 SE20-007 BV-34 Historic 48.7m A @ 88.4 g/t 12.2m @ 141.0 g/t Trench #5 Incl: 3.0m @ 486.8 g/t Trench #4 56.4m @ 68.1 g/t 25.9m 38.1m @ 102.6 g/t 30.5m @ 30.2 g/t @ 45.4 g/t 42.6m 1.5m @ 51.2 g/t 24.4m @ 101 g/t @ 20.6 g/t (EOH)
Slide 35: X-Section B-B’
35 SELENA X-Section B-B’ Looking Northwest B’ 24.4m B 24.4m @ 2.5 g/t No @ 1.5g/t 10.7m Significant Historic DDH @ 213.9 g/t Values SE20-16 did not adequately test target 44.2m @ 128.4 g/t m Legend AgEq (g/t) Stratigraphy Assay Composite = X.Xm @ X.X g/t AgEq m Ag-Au Zone • Silver Equivalent (AgEq)
Slide 36: X-Section C-C’
36 SELENA X-Section C-C’ ▪ Chainman Shale and Joanna Limestone contact is weakly tested across the property and is a regional host rock to multiple past and currently producing gold mines Looking Northwest SE21-027 (Projected on Section) C’ C No Significant 71.6m Values @ 31.8 g/t 13.7m @ 10.6 g/t 4
Slide 37: X-Section D-D’
37 SELENA X-Section D-D’ Looking Northwest D’ 16.7m @ 13.0g/t D 16.8m @ 17.0 g/t 16.8m (Historic) @ 25.0 g/t (Historic) 7.6m @ 13.1 g/t (too shallow) Buried Intrusion (Unknown Age) Skyter Legend AgEq (g/t) Stratigraphy Ag-Au Zone • Silver Equivalent (AgEq) = Ag + (Au * 72) • no recovery factor appli
Slide 38: Inclined Long Section E-E’
38 SELENA Inclined Long Section E-E’ SE21-027 (Pending) SE21-029 (Pending) E SE21-034 E’ SE21-033 (Pending) (Pending) SE21-032 SE20-010 SE20-021 (Pending) 3.0m @ 81.9 g/t SE21-036 44.2m @ 91.4 g/t SE21-035 SE20-019 (Pending) BV-09 (Pending) SE21-025 16.8m @ 25.0 g/t 71.6m @ 31.8 g/t 44.2m @ 128.4 g/
Slide 39: Swift
39 APPENDIX SWIFT
Slide 40: 2021 Property Acquisition
40 SWIFT 2021 Property Acquisition Historic DDH (Too Shallow) MCK-99-5A 18.3m @ 0.65 g/t Au 0.46 g/t Ag (Historic DDH) Elder Creek Mine Greystone Mine
Slide 41: Gold Soils Contours
41 SWIFT Gold Soils Contours Surface soils anomalies in Au-As-Sb highlight covered targets at the Mill Creek and Goat Anticline targets Historic DDH (Too Shallow) MCK-99-5A 18.3m @ 0.65 g/t Au, 0.46 g/t Ag (Historic DDH) Elder Creek Mine No Soils Data Greystone Mine
Slide 42: Arsenic Soils Contours
42 SWIFT Arsenic Soils Contours 4km long As anomaly at Mill Creek with values up to 1,400 ppm As centered over a single historical drill intercept in MCK-99-5A Historic DDH (Too Shallow) MCK-99-5A 18.3m @ 0.65 g/t Au, 0.46 g/t Ag (Historic DDH) Elder Creek Mine No Soils Data Greystone Mine
Slide 43: Antimony Soils Contours
43 SWIFT Antimony Soils Contours Historic DDH (Too Shallow) MCK-99-5A 18.3m @ 0.65 g/t Au, 0.46 g/t Ag (Historic DDH) Elder Creek Mine No Soils Data No Soils Data Greystone Mine
Slide 44: Gravity Geophysics
44 SWIFT Gravity Geophysics Gravity Geophysics Residual Layer ▪ Gravity geophysics highlighted shallow Shallow host rocks carbonate rocks in previously untested Wenban Fm. (400m) target area Wenban Fm. (727m) ▪ DDF fault zone is interpreted as a major offsetting structure and fluid conduit Recently
Slide 45: PRJ Magnetics
45 SWIFT RTP Magnetic Geophysics PRJ Magnetics Goat Peak Stock RTP Layer Buried ▪ Magnetics highlight dike swarms along NW Intrusions structural corridor Caetano Tuff ▪ Property bounded by Goat Peak Stock (Tertiary?) to the NW and Gold Acres Stock (Cretaceous) to the SE Recently Staked ▪ Large block
Slide 46: SW20-002 - Wenban
46 SWIFT Wenban (5) Debris Flow SW20-002 - Wenban ▪ Wenban 5 debris flow horizon with pervasive hornfelsing and weak to moderate decalfication ▪ No significant mineralization within altered interval
Ridgeline Minerals — Investor Presentation (July 2021) on 6ix