Ridgeline Minerals Corp · TSXV:RDG

Ridgeline Minerals — Investor Presentation (June 2022)

35 slides from Ridgeline Minerals's investor presentation, Jun 8, 2022

  1. Slide 1: Exploration Done Differently

    1 Exploration Done Differently June 8, 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 reviewed and approved the technical data in this presentation. Statements contained in this presen

  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 (NGM) US$20M NEVADA GOLD STRATEGIC DRILLING NEW NEVADA MINES EARN-IN CONTRA

  4. Slide 4: Capital Structure

    ALIGNED WITH SHAREHOLDERS 4 Capital Structure As at June 1, 2022 15% Management 55.7M Top 5 Shareholders o Chad Peters – 6.8% Non-Diluted I/O o EMX Royalty Corp. o Stephens Investment Mgmt. Cash ~ C$1.6M 3.7M 0.6M 9.9M o Chad Peters (co-founder) Options RSU/DSU Warrants o Vior Inc. o Steve Neilsen (

  5. Slide 5: 5 Projects

    LOCATION IS KEY 5 5 Projects NEVADA IDAHO 4 projects (154 km2) 1 project (9 km2) in located on the an emerging gold Carlin and Battle district that includes Mountain – Eureka Liberty Gold’s Black Trends Pine deposit

  6. Slide 6: Management Team

    GLOBAL EXPERIENCE – DISCOVERY FOCUSED 6 Management Team Chad Peters B.Sc., P.Geo Duane Lo CPA (CA) Mike Harp M.Sc. Sc., CPG President, CEO & Director CFO & Director Vice President, Exploration ▪ Led multi-million-ounce high-grade CSD ▪ 20+ years of international accounting ▪ Led multi-million-ounce

  7. Slide 7: Directors & Advisors

    GLOBAL EXPERIENCE – DISCOVERY FOCUSED 7 Directors & Advisors EXPERIENCE ACHIEVEMENTS ROLES Chad Peters, B.Sc., P.Geo. 10+ years Nevada gold exploration, led multi-million ounce • Co-founder of Ridgeline Minerals President, CEO & Director CSD Gap discovery with Premier Gold • Former US Exploration Ma

  8. Slide 8: 2022 Strategy

    DIVERSIFIED PROJECT PIPELINE 8 2022 Strategy 2022 budget - $1.4M USD Q2 2022 drilling (up to 5,500m) to test high-grade CRD target Fully funded by Nevada Gold Mines (NGM) earn-in Q2-Q3 drilling expected to test multiple targets Focus on low-cost, high impact exploration Field mapping, geophysics Bel

  9. Slide 9: 4 Nevada Projects

    Twin Creeks Midas Turquoise BELL CREEK CARLIN-EAST 9 Ridge Strategic Holdings Strategic Holdings South Arturo Wells Pinson CORE LAND POSITIONS Winnemucca Meikle Goldstrike Leeville-Turf Lone Tree Carlin Elko Mike 4 Nevada Marigold Battle Mountain Gold Quarry Carlin Projects Rain Phoenix Copper Emigr

  10. Slide 10: Selena

    10 NEVADA PROJECTS Selena 39 km2 Land Package Carbonate Replacement Ag-Au-Pb-Zn Click Here 100% OWNED PERMITTING NEW DISCOVERY 2022 OBJECTIVE 100% owned land package. 5.0 acre BLM Notice of Intent Chinchilla Zone Phase V drill program (May 2022) to 25km southeast of Bald approved and fully bonded •

  11. Slide 11: District-Scale Potential

    Bald Mountain Alligator Ridge Kinross Gold 11 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 Bald Butte Valley Mountain and Alligator

  12. Slide 12: Chinchilla Zone

    Silver Equivalent Grade Thickness Map Chinchilla 12 SELENA CRD Juniper Broken Egg Chinchilla Zone Trench #4 38.1m @ 51.5, 0.7 Revival SE21-025 ▪ Discovery made by Ridgeline 39km² Project Boundary 44.2m @ 123.2, 0.1, 1.5, 0.6 SE20-014 team in 2020 Incl: 30.4m @ 105.6, 0.4, 1.0, 1.1 13.7m @ 221.1, 0.1

  13. Slide 13: Zonation Model

    13 Selena Zonation Model SELENA Zonation Model ▪ Surface geochemistry and drilling Chinchilla Ag-Au ± Pb-Zn support a porphyry zonation CRD LB-070 Ag-Au-Pb-Zn 12.5m @ 306.9, 0.9, 0.1, 0.3 pattern between the BV porphyry SE22-037 LB-072 (assays pending) Juniper and the Broken Egg target on the Ag-Au

  14. Slide 14: Rock Chips

    14 Selena Au-Ag Rock Chips SELENA Rock Chips 4.3 g/t Au ▪ Recent data acquisition from Chinchilla Ag-Au ± Pb-Zn 1.3 g/t Au 0.8 g/t Au CRD 25.6 g/t Au Nevgold Corp. highlights high- Ag-Au-Pb-Zn 1,320 g/t Ag Butte Valley Porphyry grade Au-Ag rock chips in Cu-Au-Ag ± Pb-Zn 2.3 g/t Au Alluvial Cover 17.

  15. Slide 15: Juniper Zone

    15 SELENA LB-072 Core Photo Juniper Zone ▪ Ridgeline acquired historic dataset from NevGold Corp. in May 2022 which contained multiple high-grade drillholes in the Juniper Zone ▪ LB-072 intersected the highest grades ever drilled on the Selena property ▪ 7.7m @ 725.2 g/t Ag, 1.5 g/t Au, 1.3% Pb and

  16. Slide 16: 2022 Drilling

    16 Chinchilla SELENA CRD Juniper Broken Egg Property Boundary 2022 Drilling Map Boundary Revival 39km² Project Boundary ▪ Q2, 2022 drone Chinchilla magnetics survey Ag-Au ± Pb-Zn SE22-037 highlights untested (assays pending) SE21-025 Juniper potential at the CRD CRD 44.2m @ 123.2, 0.1, 1.5, 0.6 Ag-A

  17. Slide 17: Schematic Long Section A-A'

    17 SELENA Schematic Long Section A-A’ Trench #4 Historical Butte Valley Drill Intercepts 38.1m @ 51.5 0.7, NSV BV-14: 36.5m @ 0.2% Cu, 0.1 g/t Au, 0.5g/t Ag,(6) BV-05: 25.6m @ 0.1% Cu, 0.2 g/t Au, 4.0 g/t Ag, 0.1% Pb, 0.1% Zn(6) A’ BV-14 BV-03 30.4m @ 105.6, A 3m @ 458, 0.4,1.0, 1.1 Boundary Selena

  18. Slide 18: Schematic Long Section B-B'

    18 SELENA Schematic Long Section B-B’ Historical Butte Valley Drill Intercepts BV-01: 36.3m @ 0.7% Cu, 0.1 g/t Au, 11.2 g/t Ag, 0.1% Pb, 0.1% Zn(6) BV-05: 60.3m @ 0.1% Cu, 0.2 g/t Au, 7.3 g/t Ag, 0.7% Pb, 1.6% Zn (6) B’ BV-07: 46.3m @ 0.1% Cu, 0.2 g/t Au, 3.6 g/t Ag(7) 12.5m @ 306.9, 0.9, 0.1, 0.3 3

  19. Slide 19: 2022 Exploration Program Growth Catalysts

    19 SELENA 2022 Exploration Program Q2 2022 Q3 2022 Q4 2022 ▪ May-June: CRD Target RC drill ▪ Follow-up core drill program ▪ Assay results from Q3 program (up to 5,500m) at multiple targets drill program Growth Catalysts ▪ Ridgeline’s 2021 drill program suggests Selena has the potential scale and gra

  20. Slide 20: Swift

    20 NEVADA PROJECTS Swift Under Option - Nevada Gold Mines 75 km2 Land Package Carlin- Type Au ± Ag Click Here NGM EARN-IN TIER-1 POTENTIAL DRILLING IN 2022 STRATEGIC LAND PACKAGE US$20M earn-in agreement signed NGM investment validates SW21-001 core hole returned District-scale land package ~7km NW

  21. Slide 21: Nevada Gold Mines Earn-In

    21 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 corporate dilution ▪ 3-5 hole wide-spaced f

  22. Slide 22: NGM Drill Program

    22 SWIFT Swift Property (75km²) NGM Drill Program Map Boundary SW21-001 9.1m @ 0.51g/t Au (Starting @ 8.5m) First NGM drillhole SW2-01 (~900m) targeted Wenban fm. Host rocks at the projection of Au bearing faults intersections at depth )

  23. Slide 23: Bell Creek

    23 NEVADA PROJECTS Bell Creek 5 km2 Carlin Trend Land Package Carlin- Type Au ± Ag Click Here 100% OWNED PERMITTING 2022 CATALYSTS STRATEGIC LAND POSITION Lease with option to Executed surface access Ren Deposit (NGM) maiden resource Shared property boundary with the NGM purchase 100% of the agreeme

  24. Slide 24: Strategic Mineral Rights

    24 BELL CREEK Strategic Mineral Rights ▪ NGM announced maiden Ren Deposit resource on February 10, 2022, of 1.20Moz Au grading 7.3 g/t Au BELL CREEK ▪ Bell Creek boundary located ~550m to the RDG ) east of the proposed Ren resource JD Zone JB Zone “Both projects represent future growth for the Carli

  25. Slide 25: Exploration Upside

    25 BELL CREEK BELL CREEK RDG Exploration Upside 16.6m @ 5.04 g/t 13.1m @ 7.23 g/t 7.0m @ 32.37 g/t 21.4m @ 7.17 g/t MRC-21006 MRC-20011 ▪ Exploration drilling from the Ren 12.8m @ 26.39 g/t 7.6m @ 13.77 g/t JD underground drift is returning significant MRC-21001 Zone intercepts in both the JD an JB

  26. Slide 26: Carlin-East

    26 NEVADA PROJECTS Carlin-East 35 km2 Carlin Trend Land Package Carlin- Type Au ± Ag Click Here 100% OWNED PERMITTING 2022 CATALYSTS STRATEGIC LAND POSITION 100% owned land package in the Fully Permitted and bonded North Leeville maiden resource 4km down-strike of the Leeville mine(1) and heart of t

  27. Slide 27: Strategic Location

    27 CARLIN-EAST ) Strategic Location BELL CREEK (RDG) Crash Zone CE21-003 CE21-005 (lost DDH) ▪ Directly on-strike of NGM’s high-grade CE19-002 (lost DDH) maiden North Leeville resource of 0.7 Moz. CE19-001 Au @ 11.5 g/t CE21-004 (undrilled pre-collar) CARLIN-EAST (RDG) Highlight Drill Intercepts Lee

  28. Slide 28: Leeville Schematic Long Section

    28 CARLIN-EAST Leeville Schematic Long Section ▪ CE21-003 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 lost withi

  29. Slide 29: Robber Gulch

    29 IDAHO PROJECT Robber Gulch 9 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 Idaho

  30. Slide 30: Emerging Gold Jurisdiction

    30 ROBBER GULCH Emerging Gold Jurisdiction IDAHO Robber ▪ Located 32km southeast of the city Black Gulch Pine of Burley, Cassia County Idaho Carlin-East Bell Creek Swift UTAH ▪ Low-cost acquisition with Selena NEVADA back-end loaded fee schedule Legend Ridgeline Property ▪ $50k exercise payment Blac

  31. Slide 31: Proven Discovery

    31 ROBBER GULCH Post-Mineral Volcanic Cover T1 Proven Discovery 0.4 Covered RG-RC-21-03 & -04 Historical Drill Highlights(3,8,9) Target Trench 3 T2 Trench 1 ▪ 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) Trench 2 0.8 T3 ▪ RG-RC-21-03: 12.2m @ 0.65 g/t

  32. Slide 32: Schematic X-Section A-A'

    32 ROBBER GULCH Schematic X-Section A-A’ ▪ Widespread oxide gold in historical drilling with mineralization starting from surface and open in all directions RG-RC-21-04 A RG-RC-21-03 1.46/6.1m Trench #3 A’ 0.65/12.2m 0.43/189m Trench #2 Trench #1 0.2 0.1 0.6 0.40/60m 0.26/52m Trench #1 AC-1 0.2 Post

  33. Slide 33: 3D X-Section

    33 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

  34. Slide 34: Near-Term Catalysts

    34 SUMMARY Near-Term Catalysts Q2 2022 Q3 2022 Q4 2022 ▪ Selena – RC Drill program (5,500m) ▪ Selena – Success-based follow-up ▪ Success-based with ▪ Swift – June Drill Program (NGM) core program excess exploration ▪ Swift – Drilling update (NGM) budget to be allocated ▪ Robber Gulch – Drone magneti

  35. Slide 35: President & CEO / Investor Relations

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

Ridgeline Minerals — Investor Presentation (June 2022) on 6ix