Welcome to our dedicated page for Ridgeline Minera news (Ticker: RDGMF), a resource for investors and traders seeking the latest updates and insights on Ridgeline Minera stock.
Ridgeline Minerals Corp. (RDGMF) is a Nevada-focused exploration company advancing high-potential precious and base metal projects through strategic partnerships and systematic discovery methods. This news hub provides investors and industry observers with timely updates on corporate developments, exploration milestones, and operational progress.
Access authoritative reporting on RDGMF's activities including drill results, earn-in agreement updates with partners like Nevada Gold Mines, permit advancements, and technical discoveries across its portfolio. The curated collection features press releases detailing Carlin-Type gold targets, porphyry copper-gold systems, and CRD exploration strategies that define Ridgeline's methodology.
Key content categories include project-specific updates from assets like Swift and Black Ridge, partnership announcements, and geological survey results. All materials maintain rigorous compliance with financial disclosure standards, providing reliable information for investment research without speculative commentary.
Bookmark this page for streamlined access to RDGMF's latest developments in Nevada's mineral-rich regions. Regular updates ensure stakeholders remain informed about exploration programs leveraging advanced geophysical techniques and collaborative funding models that characterize Ridgeline Minerals' operational approach.
Ridgeline Minerals (RDGMF) has announced final assay results from core hole SW24-007 at its Swift gold project in Nevada, along with the 2025 exploration budget. The hole, drilled to 1,071.1 meters depth, intersected multiple gold zones including 2.9 meters grading 1.9 g/t Au within 24.7 meters grading 0.5 g/t Au.
Nevada Gold Mines (NGM) has spent US $10,078,008 in qualifying work expenditures through December 2024 and approved a US $5,000,000 exploration budget for 2025. The budget will fund up to five deep core holes, with drilling expected to begin in late Q2, pending permit approval.
The drilling results have expanded the gold footprint at the Southwest Swift target to 4 square kilometers. NGM must spend a minimum of US $20,000,000 by December 2026 to earn an initial 60% interest in the Project.
Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) has launched a diamond core drill program at its Big Blue porphyry copper-gold project in Elko County, Nevada. The initial program consists of two planned core holes totaling up to 1,800 meters, targeting high-priority chargeability and resistivity anomalies beneath the historic Delker Mine trend.
The first hole, BB25-001, will drill across a quartz feldspar porphyry dike swarm and down-dip of the former Delker Mine, which historically produced 94,434 pounds of copper at 6.2% grade during 1916-1917. The second hole, BB25-002, will target a 20-25 mV/V chargeability high that underpins the Delker Mine trend.
The Big Blue Project, located 75km southeast of Elko, spans 50 square kilometers and is 100% owned by Ridgeline. The primary target is porphyry-skarn Cu-Au ± Ag-Mo mineralization, with potential for polymetallic carbonate replacement deposits over 6+ km of untested strike.
Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) has announced promising results from a Magnetotellurics (MT) Geophysical survey at its Selena Carbonate Replacement (CRD) project in Nevada. The survey identified a strong, kilometer-scale conductive anomaly at the Chinchilla Sulfide target, suggesting potential for a robust silver-gold-lead-zinc CRD system at depth.
Key highlights include:
- A large conductive anomaly approximately 1.5km wide by 600m thick, extending over 2.0km along strike
- Previous drilling in 2022 intersected high-grade mineralization including 3.0m grading 40.2 g/t Ag, 7.0% Pb-Zn and 3.0 g/t Au
- The MT anomaly's geometry is controlled by east verging thrust faults, northeast striking normal faults, and their intersection with reactive carbonate host rocks
The project is currently operated by Ridgeline under Phase 1 of an earn-in agreement with South32 Based on these promising results, Ridgeline is accelerating plans for a 2025 Phase I drill campaign to target the highest priority anomalies at depth.
Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) has announced results from its Phase II induced polarization (IP) geophysical survey at the Big Blue copper-gold project in Elko County, Nevada. The December 2024 survey added eight line-kilometers across three high-priority IP lines in the Delker Mine area, complementing the original twenty-eight line-km survey from August 2024.
The survey revealed a significant 2.0 km long by 1.0 km wide chargeability high beneath the Delker trend, interpreted as a potential blind porphyry source. The area includes the historical Skarn Hill and Delker mines, which produced 94,434 pounds of copper at 6.2% grade in 1916-1917.
A maiden drill program of 2,000 meters is scheduled to begin March 3, 2025. The program will target two primary areas: the down-dip extension of high-grade copper-bearing skarn mineralization at the Delker Mine area, and the core of the Delker chargeability anomaly to test for a blind porphyry copper-gold source.
Ridgeline Minerals has announced the staking of the Atlas Gold Project in Eureka County, Nevada, acquiring 59 lode claims totaling 1,219 acres. The project is 100% owned by the company with no underlying obligations.
The property features a 3km long by 0.5km wide gold footprint, supported by 346 historical rock chip samples with grades up to 7.7 g/t Au. Atlas shows classic Carlin-Type gold mineralization in the same host rocks as Orla Mining's Dark Star Deposit. The project has never been drilled and presents an opportunity for a bulk tonnage, oxide gold discovery.
The company's 2025 exploration strategy includes 3D modeling and permitting in Q1, followed by a maiden drill program of 3-5 holes in Q2. A Notice of Intent exploration permit will be submitted in late Q1 for up to five acres of surface disturbance.
Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) provided updates on its Nevada exploration portfolio. The company projects a US $5.0 million exploration spend for 2024, with US $4.0 million funded by partners Nevada Gold Mines (NGM) and South32. Key highlights include:
- Swift Project: Achieved highest-grade intercept (1.1m grading 10.4 g/t Au) with NGM having spent US $8.18M through September 2024
- Big Blue Project: Phase II infill IP survey initiated, targeting Q1 2025 maiden drill program
- Black Ridge Project: NGM proposed US $200,000 2024 exploration budget
- Selena Project: Completed MT survey with South32, who must spend US $10M over five years for 60% interest
Ridgeline Minerals (TSXV: RDG) has provided an update on its ongoing Magnetotellurics (MT) Geophysical survey at the Selena Carbonate Replacement project in Nevada. The survey, operated under a Phase 1 exploration agreement with South32, covers high-priority CRD targets to test for sulfide mineralization at depth. The survey includes 211 stations on a 200m by 400m grid pattern and is approximately 80% complete, on budget and schedule.
The project is part of an earn-in agreement where South32 can acquire a 60% interest by funding US$10 million in work expenditures over five years, with an option to increase to 80% by funding an additional US$10 million over three years. The MT survey is preparing for a 2025 drill program that will target depths exceeding 1,000 vertical meters.
Ridgeline Minerals and Nevada Gold Mines (NGM) announced high-grade gold drill results from the Swift project in Nevada. Core hole SW24-006 intercepted 1.1 meters grading 10.4 g/t Au within 2.7 meters grading 7.0 g/t Au at 676.3m depth. This represents the highest-grade intercept in the project's history, hosted within the Roberts Mountains Formation. NGM has spent US $8.18M in work expenditures through September 2024 and must spend US $20M by December 2026 to earn a 60% interest in the project.
Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) has provided an update on the ongoing drill program at the Swift gold project in Nevada, operated under an exploration earn-in agreement with Nevada Gold Mines (NGM). The program, delayed until August due to permitting issues, has completed the first of up to three deep core holes. NGM has revised its 2024 exploration budget to spend up to US $3.0 million on framework drilling at Swift.
Highlights include:
- Drillhole SW24-006 completed to a depth of 918.2 meters, with assays pending
- SW24-007 reverse circulation pre-collar in progress
- NGM has incurred US $7,448,986 in qualifying work expenditures through June 30, 2024
The Swift earn-in terms allow NGM to earn up to a 70% interest in the project by incurring US $30.0 million in qualifying work expenditures by December 31, 2029.
Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) has announced the grant of 2,770,000 stock options to directors, officers, employees, and consultants. These options are exercisable at $0.155 per share for a five-year period. Additionally, the company has granted 1,000,000 deferred share units (DSUs) to directors and 425,000 restricted share units (RSUs) to eligible persons. The DSUs and RSUs are governed by Ridgeline's RSU/DSU Plan and will be subject to applicable securities law hold periods. This move is part of the company's incentive stock option plan, aimed at aligning the interests of key personnel with those of shareholders.