Ridgeline Minerals Corp · TSXV:RDG

Ridgeline Minerals — Investor Presentation (January 2022)

33 slides from Ridgeline Minerals's investor presentation, Jan 26, 2022

  1. Slide 1: Exploration Done Differently

    1 Exploration Done Differently January 26, 2022 Corporate Presentation TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0

  2. 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 Statements contained in this presentation that are not historical facts are “forward-looking infor

  3. Slide 3: Why Invest In Ridgeline Minerals

    3 ABOUT US Why Invest In Ridgeline Minerals Ridgeline is a Western US focused Gold-Silver explorer with a portfolio of five highly prospective exploration projects in Nevada and Idaho and a partnership with Nevada Gold Mines LOCATION STRATEGIC DRILLING US$20M NEVADA GOLD Nevada & Idaho – 163km² CONT

  4. Slide 4: Our Team

    GLOBAL EXPERIENCE – DISCOVERY 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 Premier ▪ Co-founder of Ridgeline Minerals President, CEO & Director Gold ▪ Former US Exploration Manager, Premi

  5. Slide 5: Capital Structure

    ALIGNED WITH SHAREHOLDERS 5 Capital Structure As at January 1, 2022 15% Management 55.6M Cash ~ C$2.3M • 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 - $0.37) Warrants ($0.55 - $0.75) 2021 Financi

  6. Slide 6: 4 Nevada Projects

    Twin Creeks Midas Turquoise 6 Ridge CARLIN-EAST BELL CREEK South Arturo Wells Pinson LOCATION IS KEY Winnemucca Meikle Goldstrike Leeville-Turf Lone Tree Carlin Elko Mike 4 Nevada Marigold Battle Mountain Gold Quarry Carlin Projects Rain Phoenix Copper Emigrant Basin Fire Creek Pinion Hilltop Dark S

  7. Slide 7: Swift

    7 NEVADA PROJECTS Swift Under Option - Nevada Gold Mines 75 km2 Land Package Carlin- Type Au ± Ag Click Here NGM EARN-IN FULLY PERMITTED DRILLING IN 2022 STRATEGIC LAND PACKAGE US$20M earn-in agreement signed 17.0+ acres of fully bonded SW21-01 core hole (900m) in- District-scale land package ~7km N

  8. Slide 8: Cortez District Stratigraphy

    8 SWIFT Cortez District Stratigraphy Cortez District Swift Gold Zones Host Rocks )

  9. Slide 9: Nevada Gold Mines Earn-In

    9 DEAL TERMS 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 dilution ▪ Validates team’s belief that Swif

  10. Slide 10: NGM Drilling

    10 SWIFT Swift Property (75km²) NGM Drilling In-Progress Arsenic Soils Anomaly Map Boundary ▪ Drillhole SW2-01 (~900m) will target the Wenban formation at MCK-99-5A 18.3m @ 0.65 g/t Au the projection of 0.46 g/t Ag (Historic DDH) mineralized fault intersections at depth Fault 0.98 g/t Au Intersectio

  11. Slide 11: Selena

    11 NEVADA PROJECTS Selena 39 km2 Land Package Carbonate Replacement Ag-Au-Pb-Zn Click Here 100% OWNED PERMITTING DRILLING IN 2021 NEW DISCOVERY 100% owned(5) land package. 5.0 acre BLM Notice of Phase IV drill program (3,445m) 2021 drilling returned up to 44.2m grading 12km southeast of Bald Intent

  12. Slide 12: District-Scale Potential

    Bald Mountain Alligator Ridge Kinross Gold 12 Kinross Gold SELENA District-Scale Potential ▪ 39km² contiguous land package in the historic Limousine Butte mining district ▪ Same host rocks as multiple 1+ million-ounce open-pit mines in the area including the Kinross Butte Valley Gold owned Bald Moun

  13. Slide 13: CRD Target

    Silver Equivalent Grade Thickness Map Sonic Target 13 CRD Target 2020 Ag-Pb-Zn Discovery SELENA SE21-033 Broken Egg 12.2m @ 0.3 g/t Ag, Target 0.5 g/t Au 2022 CRD Target Trench #4 Target Revival Target 38.1m @ 51.5 g/t Ag, 0.7 g/t Au 39km² Project Boundary ▪ 14 Reverse Circulation (RC) holes in 2021

  14. Slide 14: Conceptual CRD Target

    14 SELENA Conceptual CRD Target Historical Butte Valley Drill Intercepts Selena Discovery Ag-Au ± Pb-Zn BV-11: 18.8m @ 0.6% Cu, 0.3 g/t Au, 18.7 g/t Ag (7) Trench #5 56.4m @ 26.3, 0.6 BV-14: 108.5m @ 0.1% Cu, 0.1 g/t Au, 4.2 g/t Ag (7) Trench #4 Selena Property 38.1m @ 51.5, 0.7 Boundary BV-4 BV-3 A

  15. Slide 15: Proposed 2022 Drill Program

    15 SELENA Proposed 2022 Drill Program Historical Butte Valley Drill Intercepts Selena Discovery Ag-Au ± Pb-Zn BV-11: 18.8m @ 0.6% Cu, 0.3 g/t Au, 18.7 g/t Ag (7) Trench #5 56.4m @ 26.3, 0.6 BV-14: 108.5m @ 0.1% Cu, 0.1 g/t Au, 4.2 g/t Ag (7) Trench #4 Selena Property 38.1m @ 51.5, 0.7 Boundary Propo

  16. Slide 16: 2022 Exploration Program Selena Upside Potential

    16 SELENA 2022 Exploration Program Q1 2022 Q2, 2022 Q4, 2022 ▪ High-resolution drone magnetics ▪ April - 5,500m drill ▪ Follow-up drill program ▪ Drill permitting program (9-10 holes) (success based) Selena Upside Potential ▪ Ridgeline’s 2021 drill program suggests Selena has the potential scale and

  17. Slide 17: Bell Creek

    17 NEVADA PROJECTS Bell Creek 5 km2 Carlin Trend Land Package Carlin- Type Au ± Ag Click Here 100% OWNED PERMITTING DRILLING IN 2021 STRATEGIC LAND POSITION Lease with option to Executed surface access Nevada Gold Mines announced Shared property boundary with the NGM purchase 100% of the agreement w

  18. Slide 18: Strategic Mineral Rights

    18 BELL CREEK Strategic Mineral Rights ▪ NGM announced new discovery at the JD Zone in Q3,2021 with highlight results including: Bell Creek Ridgeline ▪ JD Zone - 12.8m grading 26.4 g/t Au and 7.6m ) grading 13.8 g/t Au in MRC-21001 JD Zone JB ▪ Historical intercept - 42.7m @ 32.6 g/t Au in Zone RU-2

  19. Slide 19: Exploration Upside

    19 BELL CREEK Bell Creek Ridgeline 7.0m @ 32.37 g/t 16.6m @ 5.04 g/t 21.4m @ 7.17 g/t Exploration Upside 13.1m @ 7.23 g/t MRC-20011 MRC-21006 12.8m @ 26.39 g/t 7.6m @ 13.77 g/t ▪ Exploration drilling from the Ren MRC-21001 JD underground drift is returning significant 4.6m @ 5.04 g/t Zone intercepts

  20. Slide 20: Carlin-East

    20 NEVADA PROJECTS Carlin-East 35 km2 Carlin Trend Land Package Carlin- Type Au ± Ag Click Here 100% OWNED PERMITTING DRILLING IN 2021 STRATEGIC LAND POSITION 100% owned land package in the Fully Permitted and bonded Drill program (2,272m) did not On-strike of the Leeville mine(1) and the North hear

  21. Slide 21: Strategic Location

    21 Bell Creek ) CARLIN-EAST Crash Zone CE21-003 Strategic Location CE21-005 (lost DDH) CE19-002 (lost DDH) CE19-001 ▪ ~4.0km north of and on-strike of NGM’s CE21-004 high-grade North Leeville discovery (undrilled pre-collar) Carlin-East ▪ 23.3m @ 32.6 g/t Au in CGX- Leeville 00076A starting at 827m(

  22. Slide 22: Leeville Schematic Long Section

    22 CARLIN-EAST Leeville Schematic Long Section ▪ CE21-003 (2021) is interpreted to have drilled the deeper, down-dropped (hanging-wall) side of a major NW fault Zone ▪ Stratigraphic marker horizons differentiate the middle/lower Vinini formation of the Upper Plate with hole CE19-002 and CE21-005 los

  23. Slide 23: Robber Gulch

    23 IDAHO PROJECTS Robber Gulch 9.3 km2 Land Package Carlin-Type Oxide Open-Pit Au Click Here 100% OWNED LOCATION PERMITTING OXIDE GOLD DISCOVERY Option to exercise 100% 32km southeast of Burley, Active 5.0 acre BLM “NOI” permit Historical drilling returned highlight intercept purchase option from Id

  24. Slide 24: Emerging Gold Jurisdiction

    24 ROBBER GULCH Emerging Gold Jurisdiction IDAHO Robber Black Gulch Pine ▪ Robber Gulch is located 32km southeast of the city Carlin-East Bell Creek of Burley, Cassia County UTAH Swift Idaho NEVADA Selena Legend Ridgeline Property ▪ 88km northwest of the Black Pine Deposit Carlin Trend multi-million

  25. Slide 25: Historically Underexplored

    25 ROBBER GULCH Post-Mineral Volcanic Cover T1 Historically Underexplored 0.4 ▪ Majority of exploration focused in the 1980’s- Trench 3 Trench 1 T2 1990’s with a small drill program (4 holes) Trench 2 1.8 completed by previous operator in 2021 0.8 2.7 T3 0.6 6.5 ▪ 3.5km gold in soils anomaly is supp

  26. Slide 26: Proven Discovery

    26 ROBBER GULCH Post-Mineral Volcanic Cover T1 Proven Discovery 0.4 Covered RG-RC-21-03 & -04 Historical Drill Highlights(3,9 & 10) Target T2 ▪ AC-4: 12.2m @ 0.90 g/t Au within 57.9m @ AC-4 1.8 AC-1 A’ 0.34g/t Au (bottomed in 0.3 g/t Au) 0.8 2.7 T3 0.6 ▪ AC-1: 18.3m @ 0.17 g/t Au (from surface) 6.5

  27. Slide 27: Schematic X-Section A-A'

    27 ROBBER GULCH Schematic X-Section A-A’ ▪ Widespread oxide gold in historical drilling with mineralization starting from surface ▪ Zone is wide-open in all directions with multiple high-priority targets to be drill-tested in 2022 RG-RC-21-04 1.46/6.1m A RG-RC-21-03 Trench #3 A’ 0.65/12.2m 0.43/189m

  28. Slide 28: Schematic X-Section B-B'

    28 ROBBER GULCH B Schematic X-Section B-B’ B’ RG-RC-21-04 RG-RC-21-03 AC-4 1.46 /6.1m 0.65/12.2m 0.34/57.9m 0.3 0.5 RG-RC-21-02 Incl: 0.90/12.2m 0.1 1.8 0.30/30.5m RG-9 0.2/79.2m RG-11 RG-RC-21-01 0.17/15.3m 0.24/48.8m “feeder” structure Assay Composites x.x g/t Au / x.xm Looking North Stratigraphy

  29. Slide 29: Historical Drill Composites

    29 ROBBER GULCH Historical Drill Composites Hole ID Az/Dip From (m) To (m) Interval (m) Au (g/t) TVD (m)* Comments AC-1 0/-90 27.4 45.7 18.3 0.17 27.4 near-surface oxide 12.2 21.3 9.1 0.17 12.2 AC-2 0/-90 39.6 57.9 18.3 0.21 39.5 AC-4 21.3 79.2 57.9 0.34 21.3 near-surface oxide Including 0/-90 61.0

  30. Slide 30: 3D X-Section

    30 ROBBER GULCH Post-Mineral Volcanic Cover Covered Target 3D X-Section Historical Drilling (too shallow) T3 RG-RC-21-04 1.46/6.1m AC-4 0.34/57.9m Incl: 0.90/12.2m RG-RC-21-01 RG-RC-21-02 0.24/48.8m 0.30/30.5m (Projected on section) Assay Composites x.x g/t Au / x.xm

  31. Slide 31: 2022 Exploration Program Upside Potential

    31 ROBBER GULCH 2022 Exploration Program Q1, 2022 Q2, 2022 Q3, 2022 ▪ Acquisition closed ▪ Geophysics – Drone ▪ Pending USFS “CE” Permit ▪ Field mapping & prospecting magnetics and CSAMT Approval ▪ BLM “NOI” drill permits ▪ 1,100m maiden drill program Upside Potential ▪ Widespread Carlin-Type gold m

  32. Slide 32: Near-Term Catalysts

    32 SUMMARY Near-Term Catalysts Q1, 2022 Q2, 2022 Q3, 2022 ▪ Robber Gulch – Acquisition ▪ Selena – Drill program (5,500m) ▪ Robber Gulch - 1,100m ▪ Swift – Assay results (NGM) ▪ Robber Gulch - Field programs maiden drill program ▪ Bell Creek – Adjacent Ren deposit ▪ Swift – Drill program? (NGM) maide

  33. Slide 33: Chad Peters, P.Geo

    Chad Peters, P.Geo 866-RDG-NVAU (734-6828) – toll free President, CEO & Director TSX-V: RDG | OTCQB: RDGMF | 775-304-9773 info@ridgelineminerals.com FRA: 0GC0 cpeters@ridgelineminerals.com ridgelineminerals.com

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