Ridgeline Minerals Corp · TSXV:RDG
Ridgeline Minerals — Investor Presentation (June 2023)
35 slides from Ridgeline Minerals's investor presentation, Jun 19, 2023
Slide 1: Exploration Done Differently
1 Exploration Done Differently June 19, 2023 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 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 partnership with Nevada Gold Mines (NGM) WORLD-CLASS CRD DISCOVERY US$30M NGM EARN-IN LOCATIONS 100% owned Selena
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 3 Maiden resource EXPLORE 2 Discoveries prioritized and advanced - Selena is HERE 1 Conduct systematic exploration across pipeline of early-stage projects *Mix of 100% owned
Slide 5: 6 Projects
Twin Creeks Midas Turquoise Ridge BELL CREEK CARLIN-EAST 5 Strategic Holdings South Arturo Strategic Holdings 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
Slide 6: Exploration Strategy
DIVERSIFIED PROJECT PIPELINE 6 Exploration Strategy FLAGSHIP DISCOVERY Targeting open-pit & underground Ag-Pb-Zn-Au (CRD) deposit TIER-1 ASSET Q3 2023 drilling focused on infill and Fully funded by Nevada Gold step-out holes at the Chinchilla zone Mines US $30M earn-in Targeting a high-grade gold di
Slide 7: Near-Term Catalysts
7 SUMMARY Near-Term Catalysts Q2 2023 Q3 2023 ▪ Financing - C$4.5M ▪ Selena –Infill and step-out drilling at Chinchilla zone – 3,000m ▪ Big Blue - Backpack drilling ▪ Approval of 200 acre PoO drill permit ▪ Robber Gulch – Mapping & Sampling ▪ Swift – NGM drill program ▪ Selena – Permitting initiativ
Slide 8: Capital Structure
ALIGNED WITH SHAREHOLDERS 8 Capital Structure As at June 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$4.0M 5.0M 1.4M 17.6M o Extract Capital Options RSU/DSU Warrants o EMX Royalty Corp. o Chad Peters (co-founde
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 – Initiate core drill program to directly adjacent to Freeport- • 6.1m @
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: World-Class Scale
13 SELENA Selena Deposit Zonation World-Class 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 Trench #4 38.1m @ 51.5 Ag,
Slide 15: Chinchilla Cross Section B-B'
15 SELENA Plan View Stratigraphy Drill Trace (AgEq g/t) Alluvium ≤5 Chinchilla Fanglomerate ≤ 20 Chainman Shale ≤ 50 B B’ Joanna Limestone ≤ 100 X-Section B-B’ Pilot Shale ≤ 200 Guilmette Limestone ≤ 500 SE22-045 QFP Intrusive > 500 32.5m @ 153.4 g/t Ag, 4.1% Pb-Zn, 0.1 g/t Au Incl: Grade Contours (
Slide 16: Chinchilla Cross Section C-C'
16 SELENA Plan View Stratigraphy Drill Trace (AgEq g/t) Alluvium ≤5 Chinchilla Fanglomerate Chainman Shale ≤ 20 C C’ ≤ 50 X-Section C-C’ Joanna Limestone ≤ 100 Pilot Shale ≤ 200 SE22-045 Guilmette Limestone ≤ 500 32.5m @ 153.4 g/t Ag, 4.1% Pb-Zn, 0.1 g/t Au QFP Intrusive > 500 Incl: 6.1m @ 480.5 g/t
Slide 17: Big Blue
17 NEVADA PROJECTS Big Blue 29 km2 Land Package Porphyry & CRD Cu-Au-Ag ± Pb-Zn 100% OWNED HIGH-GRADE THE OPPORTUNITY 2023 OBJECTIVE 29km² land package located Delker Mine Trench Potential to discover new porphyry • H1 – Database compilation, directly adjacent to Reyna Silvers • 0.6m @ 15.5% Cu with
Slide 18: Historic Cu District
Trench 1 18 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co 10.8% Cu, 0.1 g/t Au, Within 4.5 g/t Ag 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co (Test Pit Sample) Big Blue Delker Mine 6.3% Cu, 0.1 g/t Au, Historic Cu District 4.2 g/t Ag (Test Pit Sample) 6.4% Cu, 0.2 g/t Au, Trench 2 53.8 g/t Ag Skarn Hill (Adit Sampl
Slide 19: Rock Chip Map
19 Big Blue Rock Chip Map Trench 1 0.6m @ 15.5% Cu, 0.2 g/t Ag, 0.1% Co Within 2.4m @ 4.6% Cu, 0.5 g/t Ag, 0.06% Co 1.0% Cu ▪ High-grade copper mineralization directly associated with a swarm of NE trending Delker felsic dikes 10.8% Cu Mine 0.5% Cu, 3.0% Cu Backpack Drill Site 6.3% Cu ▪ Backpack dri
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: Swift
21 NEVADA 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 District-scale land package on NGM targeting a 5+ Moz high- NGM “framework” drilling is planned in signed with NGM (09
Slide 22: Nevada Gold Mines Earn-In
22 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 23: World-Class Location
23 SWIFT World-Class Location 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 Trend hosts some of the largest anoma
Slide 24: Discovery Potential
24 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 25: Tier-One Target For Nevada Gold Mines
25 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 26: Bell Creek
26 NEVADA PROJECTS 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 owned
Slide 27: Strategic Mineral Rights
27 BELL CREEK Strategic Mineral Rights ▪ NGM announced maiden Ren Deposit inferred mineral resource on February 10, 2022, of 1.60Moz Au grading 7.3 g/t Au BELL CREEK ▪ Bell Creek boundary located ~550m to the JD Zone RDG ) east of the proposed Ren resource Corona Zone JB Zone “Both projects represen
Slide 28: Exploration Upside
28 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 ▪ NGM 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 the JD, Corona
Slide 29: Carlin-East
29 NEVADA PROJECTS Carlin-East 35 km2 Carlin Trend Land Package Carlin- Type Au-Ag Click Here 100% OWNED STRATEGIC LOCATION THE OPPORTUNITY 2022 OBJECTIVE 100% owned land package in 4km down-strike of the Leeville Significant discovery potential. Assess potential for strategic the heart of the Carli
Slide 30: Strategic Location
30 CARLIN-EAST ) Strategic Location BELL CREEK (RDG) CE21-003 (hit Lower Plate) CE21-005 (lost DDH) CE19-002 ▪ Directly on-strike of NGM’s high-grade (lost DDH) CE19-001 maiden North Leeville inferred mineral CE21-004 (undrilled pre-collar) resource of 1.0 Moz. Au @ 11.3 g/t CARLIN-EAST (RDG) Highli
Slide 31: Leeville Schematic Long Section
31 CARLIN-EAST Leeville Schematic Long Section ▪ CE21-003 intersected unaltered Rodeo Creek Formation (a host at North Leeville) 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 and CE21-005 exhibits the great
Slide 32: Robber Gulch
32 IDAHO PROJECT Robber Gulch 9 km2 Land Package Carlin-Type Oxide Au 100% OWNED EMERGING AU DISTRICT THE OPPORTUNITY 2023 OBJECTIVE Option to exercise 100% 32km southeast of Burley, Idaho Discover a 1 Moz. + shallow- Q2 backpack drilling on strike of historic purchase option from and 88km northwest
Slide 33: Proven Discovery
33 ROBBER GULCH IDAHO Proven Discovery Robber Black Gulch Pine Carlin-East Historical Drill Highlights(3,8) Bell Creek UTAH Swift ▪ AC-4: 12.2m @ 0.90 g/t Au within Covered Selena NEVADA 57.9m @ 0.34g/t Au (bottomed in 0.3 RG-RC-21-03 & -04 Target Legend Trench 3 Trench 1 g/t Au) Ridgeline Property
Slide 34: President & CEO / Investor Relations
34 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 35: Directors & Advisors
GLOBAL EXPERIENCE – DISCOVERY FOCUSED 35 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
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