Ridgeline Minerals Corp (CVE:RDG) (OTCQB:RDGMF) has announced the execution of a surface access agreement for its Bell Creek property with Nevada Gold Mines (NGM).
Ridgeline said the agreement is in effect through December 31, 2024, and will allow it to utilize NGM's Carlin Complex road infrastructure to access the Bell Creek property, which is located directly adjacent to NGM's development-stage Ren and Banshee underground gold deposits on the Carlin Trend.
NGM is a joint venture between Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) (FRA:ABR) and Newmont Corporation (NYSE:NEM) (TSE:NGT) (FRA:NMM).
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"We view Bell Creek and its proximity to the high-grade Ren and Banshee deposits as a strategic exploration asset in the heart of one of the most productive gold trends on earth,” said Ridgeline CEO Chad Peters in a statement.
“The closing of this access agreement is a big first step for the project and our team is eager to get out in the field this summer to begin collecting baseline geologic data as we advance this promising opportunity."
Ridgeline noted that Bell Creek is a Carlin-Type gold exploration project located in the prolific north Carlin Trend of Nevada. The property comprises 1,300 acres of private mineral rights.
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