Ridgeline Minerals Corp · TSXV:RDG
Ridgeline Minerals — Investor Presentation (September 2023)
40 slides from Ridgeline Minerals's investor presentation, Sep 6, 2023
Slide 1: Exploration Done Differently
1 Exploration Done Differently September 6, 2023 Corporate Deck TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0
Slide 2: Cautionary Statement 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 presentation that are not historical facts are “forward-look
Slide 3: Ridgeline Minerals
3 ABOUT US Ridgeline Minerals Ridgeline is a Western US focused precious and base metal explorer with a portfolio of six highly prospective exploration projects in Nevada and Idaho and a multi-project partnership with Nevada Gold Mines (NGM) WORLD-CLASS CRD DISCOVERY US$40M NGM EARN-IN LOCATIONS 100
Slide 4: Business Model: Value Creation Through Discovery
HYBRID EXPLORER 4 Business Model 4 Value Creation 3 Through Discovery 2 MONETIZE 1 DE-RISK 4 Monetize asset via sale DISCOVER . os m 4 3 Maiden resource -2 12 EXPLORE . os m 12 2 Discoveries advanced (Selena) s . mo 18 1 2- 1 Exploration Pipeline & Partner Projects *Mix of 100% owned and partner fun
Slide 5: 6 Projects
Twin Creeks Midas Turquoise CARLIN-EAST 5 Ridge BELL CREEK $10M NGM Earn-In Strategic Holdings South Arturo Wells (Au) (AU) Pinson CORE LAND POSITIONS Winnemucca Meikle Goldstrike Leeville-Turf Lone Tree Carlin Elko Mike 6 Projects Marigold Battle Mountain Gold Quarry Carlin Big Blue Cu-Au-Ag ± Pb-Z
Slide 6: 2023 Exploration Strategy
DIVERSIFIED PROJECT PIPELINE 6 2023 Exploration Strategy FLAGSHIP CRD DISCOVERY Targeting open-pit & underground Ag-Pb-Zn-Au (CRD) deposit PARTNER PROJECTS Q3 2023 drilling focused on infill and Swift - US $30M NGM earn-in step-out holes at the Chinchilla zone Carlin-East – US $10M NGM earn-in Targe
Slide 7: Near-Term Catalysts
7 SUMMARY Near-Term Catalysts Q3 2023 Q4 2023 ▪ Selena – Chinchilla zone, 3,000m drill program ▪ Selena – Chinchilla assay results ▪ Big Blue– Target generation and permitting ▪ 200 acre PoO exploration permit (pending) ▪ Swift – NGM drill program ▪ Swift – NGM Assay results Corporate Catalysts ▪ Se
Slide 8: Capital Structure
ALIGNED WITH SHAREHOLDERS 8 Capital Structure As at September 1, 2023 9.8% Management 91.0M Large Shareholders o Chad Peters – 4.2% Non-Diluted I/O o Stephens Investment Mgmt. o Rick Rule Cash ~ C$2.8M 5.0M 1.4M 17.6M o Extract Capital Options RSU/DSU Warrants o EMX Royalty Corp. o Chad Peters (co-f
Slide 9: Management Team
GLOBAL EXPERIENCE – DISCOVERY FOCUSED 9 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 10: Selena
10 NEVADA PROJECTS Selena 39 km2 Land Package Carbonate Replacement Deposit Ag-Pb-Zn-Au Click Here 100% OWNED HIGH-GRADE THE OPPORTUNITY 2023 OBJECTIVE 39km² land package located Chinchilla Zone Define a large open-pit and • Q3 – 3,000m core drill program directly adjacent to Freeport- • 6.1m @ 480
Slide 11: District-Scale Property
11 Bald Mountain Mine SELENA (Kinross) District-Scale Property ▪ 39km² contiguous land package in the historic Limousine Butte mining district in Nevada Butte Valley ▪ Shared boundary with the Butte Valley (Falcon Butte & Freeport – McMoRan JV) Limousine Butte (NevGold) Porphyry, a US $33M Freeport
Slide 12: Discovery Potential
12 SELENA Selena Discovery Potential CRD Discovery - Nevada Hilltop CRD Discovery - Nevada Selena (Ridgeline) 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/t Ag, 3.7% Z
Slide 13: Significant Scale
13 SELENA Selena Deposit Zonation Significant Scale Multiple deposit types across 5 target areas Chinchilla 5 Highlight Drill Intercepts By Target 2 Ag-Pb-Zn-Au 1 1 3.0m @ 40.2 g/t Ag, 7.0% Pb-Zn, 3.0 g/t Au - SE22-037 CRD 3 Ag-Au-Zn-Pb Broken Egg Oxide Au 6.1m @ 480.0 g/t Ag, 18.4% Pb-Zn, 0.1 g/t A
Slide 14: Chinchilla Long Section A-A'
14 SELENA Chinchilla Long Section A-A’ ▪ Chinchilla zone exhibits open-pit and underground potential over 3.7+ km of drilled strike that outcrops at surface ▪ Q3 2023 drilling will target high-grade stacked Chimney and Manto CRD horizons adjacent to feeder faults at depth Historical Butte Valley Dri
Slide 15: Taylor Deposit Overlay
15 SELENA Taylor Deposit Overlay ▪ Long Section of the Hermosa/Taylor Deposit overlain to scale at Chinchilla is for illustrative purposes only ▪ Highlights potential at depth as previous drilling at Chinchilla has only tested the top of the carbonate host section Historical Butte Valley Drill Inter
Slide 16: Chinchilla X-Section B-B'
16 SELENA Chinchilla X-Section B-B’ B’ Stratigraphy Drill Trace (AgEq g/t) Alluvium ≤5 B SE22-045 Fanglomerate ≤ 20 SE21-025 32.5m @ 153.4 Ag, 4.1 Pb-Zn, 0.1 Au 44.2m @ 123.2 Ag, 2.1 Pb-Zn 0.1 Au Incl: Chainman Shale ≤ 50 Incl: 6.1m @ 480.5 Ag, 18.4 Pb-Zn, 0.1 Au And Joanna Limestone ≤ 100 7.6m @ 23
Slide 17: Chinchilla X-Section C-C'
17 SELENA Chinchilla X-Section C-C’ Stratigraphy Drill Trace (AgEq g/t) C’ Alluvium ≤5 SE20-014 Fanglomerate C 48.7m @ 71.8 Ag, 1.5 Pb-Zn, 0.2 Au ≤ 20 Chainman Shale ≤ 50 SE22-045 Incl: 32.5m @ 153.4 Ag, 4.1 Pb-Zn, 0.1 Au 6.1m @ 196.4 Ag 1.8 Pb-Zn, 0.3 Au Joanna Limestone ≤ 100 Incl: (RC) Pilot Shal
Slide 18: Big Blue
18 NEVADA PROJECTS Big Blue 41 km2 Land Package Porphyry & CRD Cu-Au-Ag ± Pb-Zn 100% OWNED HIGH-GRADE THE OPPORTUNITY 2023 OBJECTIVE 41km² land package covers past Delker Mine Trench Potential to discover new porphyry • H1 – Database compilation, producing Delker Mine and is • 0.6m @ 15.5% Cu within
Slide 19: Historic Cu District
Trench 1 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co 19 Within 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co Big Blue Historic Cu District New Claims (33% Increase) 10.8% Cu, 0.1 g/t Au, 4.5 g/t Ag (Test Pit Sample) Delker Mine 6.3% Cu, 0.1 g/t Au, ▪ The Big Blue Project includes the past 4.2 g/t Ag (Test Pit Sampl
Slide 20: Cu Skarn Rock Chips
20 Big Blue Cu Skarn Rock Chips ▪ Historical mining at the Delker Mine targeted enriched oxide Cu skarn within 5 meters of the surface ▪ Historic operators did not explore under alluvial cover to target a conceptual porphyry Cu-Au source in the valley Sample #11 – 15.5% Cu Big Blue Cu Skarn Chrysoco
Slide 21: Porphyry Zonation
Trench 1 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co 21 Within 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co Big Blue Porphyry Zonation Mag High (Porphyry Source?) Porphyry & Skarn Cu-Au ± Ag-Co Delker Mine 10.8% Cu ▪ Porphyry’s exhibit systematic zonation 5.8% Cu patterns that transition from higher-temp 6.4% Cu 5
Slide 22: Geophysics
BIG BLUE 22 Geophysics RTP - Magnetics Residual Gravity Trench 1 Trench 1 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co Within Within 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co Mag High Gravity High (Porphyry Source?) (Porphyry Source?) Delk
Slide 23: Big Blue X-Section A-A'
23 BIG BLUE Big Blue X-Section A-A’ A Delker Mine A’ Stratigraphy Alluvium Gerster Formation Historical drilling Arcturus Formation was too shallow Ely Limestone Chainman Shale Joanna Limestone Pilot Shale Guilmette Limestone Porphyry Dikes Rock Chip Cu% ≤ 0.01 Untested Mag “High” sits ≤0.05 beneath
Slide 24: Geophysics
BIG BLUE 24 Geophysics Total Horizontal Gradient - Magnetics Total Horizontal Gradient - Gravity Trench 1 Trench 1 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co Within Within 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co THG Low THG Low (Porphy
Slide 25: Swift
25 PARTNER PROJECTS Swift Optioned - Nevada Gold Mines 75 km2 Land Package Carlin- Type Au-Ag Click Here NGM EARN-IN LOCATION THE OPPORTUNITY 2023 OBJECTIVE US $30M earn-in agreement signed District-scale land package on NGM targeting a 5+ Moz high- NGM “framework” drilling is planned in with NGM (0
Slide 26: Nevada Gold Mines Earn-In
26 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 27: World-Class Location
27 SWIFT SWIFT (NGM Earn-In) World-Class Location 2023 Targets Buried Intrusive ▪ 50+ Moz. Au of past production and current Greystone (Barite Mine) resource/reserves across the Cortez Trend 2022 Framework Drilling (NGM) Intersected thick intercepts of strong Carlin-Type alteration and ▪ Cortez Tren
Slide 28: Discovery Potential
28 SWIFT Discovery Potential Buried Intrusive ▪ First 4 NGM framework holes (2021-2022) Greystone (Barite Mine) hit significant gold intercepts including: ▪ 51.1m @ 0.19 g/t Au, 1.14 g/t Ag Incl: 1.5m @ 1.51 g/t Au, 0.16 g/t Ag in SW22-002 ▪ 48.8m @ 0.45 g/t Au, 0.98 g/t Ag Incl: 3.4m @ 1.92 g/t Au,
Slide 29: Schematic Long Section A-A'
29 SWIFT Schematic Long Section A-A’ ▪ Schematic long section A-A’ exhibits classic Cortez district thrust/fold structural architecture A SW22-004 9.1m @ 0.51g/t Au SWIFT - RDG NGM A’ SW23-005 (in-progress) 3.0m @ 2.27 g/t Au 48.8m @ 0.45 g/t Au 18.3m @ 0.64 g/t Au Incl: Incl: SW20-003 3.4m @ 1.92 g
Slide 30: Tier-One Target For Nevada Gold Mines
30 Swift Tier-One Target For Nevada Gold Mines ▪ Swift has been noted in Barrick’s (Operator of NGM Joint Venture) Q4, 2022 report as one of Nevada Gold Mines Tier-One exploration targets (see schematic section modified from Barrick Q4, 2022 report below) Modified from Barrick Q4, 2022 Presentation
Slide 31: Carlin-East
31 PARTNER PROJECTS Carlin-East Optioned - Nevada Gold Mines 19.5 km2 Carlin Trend Land Package Carlin- Type Au-Ag Click Here NGM EARN-IN STRATEGIC LOCATION THE OPPORTUNITY 2023 OBJECTIVE US $9.6M earn-in agreement Work with NGM team to update ~4km down-strike of the Leeville Significant discovery p
Slide 32: Nevada Gold Mines Earn-In
32 CARLIN-EAST Nevada Gold Mines Earn-In ▪ Deal structure provides Ridgeline with exposure to Carlin-East from discovery to project development with zero corporate dilution ▪ Second Ridgeline deal with NGM totalling US$40M in potential total expenditures across Carlin-East and Swift projects To view
Slide 33: Strategic Location
33 REN CARLIN-EAST 1.6Moz @ 6.6 g/t Au(9) Coyote (NGM) (100% RDG) Strategic Location Bell Creek (100% RDG) Carlin-East (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 19 km²
Slide 34: Leeville Schematic Long Section
34 CARLIN-EAST Leeville Schematic Long Section ▪ CE21-003 intersected unaltered Rodeo Creek Formation (a host at the Fallon discovery and Leeville -Turf Mine) and is interpreted to have drilled the deeper, down-dropped side of a major NW fault Zone ▪ Uplifted horst block beneath CE19-002, CE21-004 a
Slide 35: New Discoveries
35 CARLIN-EAST New Discoveries ▪ Carlin-East earn-in on trend of the high-grade Fallon, Miramar, Horsham and Golden Egg discoveries - See Barrick Map ▪ Greater Leeville area represents one of the fastest growing resource bases in Nevada with significant growth potential ▪ Carlin-East project now not
Slide 36: Bell Creek
36 PIPELINE PROJECT Bell Creek 5 km2 Carlin Trend Land Package Carlin- Type Au-Ag Click Here 100% OWNED STRATEGIC LOCATION THE OPPORTUNITY 2023 OBJECTIVE Lease with option to Shared property boundary Potential for extension of Ren Assess potential for strategic purchase 100% of the with the NGM owne
Slide 37: Strategic Mineral Rights
37 BELL CREEK Strategic Mineral Rights REN DEPOSIT ▪ NGM announced maiden Ren Deposit inferred 1.6Moz @ 6.6 g/t Au(9) NGM mineral resource on February 10, 2022, of 1.60Moz Au grading 7.3 g/t Au(9) BELL CREEK ▪ Bell Creek boundary located ~550m to the JD Zone RDG ) east of the proposed Ren resource C
Slide 38: President & CEO / Investor Relations
38 PRESIDENT & CEO INVESTOR RELATIONS Chad Peters, P.Geo David Jan 775-304-9773 604-828-2255 cpeters@ridgelineminerals.com info@ridgelineminerals.com TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0 ridgelineminerals.com
Slide 39: Directors & Advisors
GLOBAL EXPERIENCE – DISCOVERY FOCUSED 39 Directors & Advisors 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 Pr
Slide 40: Click Here to Download Technical Appendix
40 Click HERE to Download Technical Appendix
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