Ridgeline Minerals Corp (CVE:RDG) (OTCQB:RDGMF) (FRA:0GC0) announced that its Phase 2 drill program has begun at the company’s Carlin-East gold project in Nevada.
The company said the 3,000-meter (m) drill program will consist of three deep core holes targeting prospective Lower Plate carbonate host rocks of the Popovich and Bootstrap formations at the company's Crash Zone target.
“Our team has spent two years building out the geologic model at Carlin-East with the Crash Zone representing the highest potential target across the property,” Ridgeline Minerals vice president of Exploration Mike Harp said in a statement.
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“We view Carlin-East as a rare opportunity for a junior explorer such as Ridgeline to drill an untested target directly on trend of a world-class gold deposit. Nevada Gold Mines recent discovery at North Leeville further highlights the potential for new discoveries along this underexplored portion of the Leeville Corridor,” Harp added.
The company noted the Crash Zone is centered along the intersection of the Four Corners and Crash fault zones and is a similar target to the Nevada Gold Mines owned North Leeville discovery hosted along the Four Corners fault zone located 3.5 kilometers to the south.
It added that the Phase 2 program will utilize reverse circulation pre-collars to depths of 400m followed by deep core tails to ensure drilling reaches target depths of 800m to 1,000m.
Carlin-East is a Carlin-Type gold exploration project located within Nevada’s prolific Carlin Trend, comprising 422 contiguous federal lode claims and fee lands totaling 35 square kilometres of mineral rights. Historical and currently producing mines nearby include the Goldstrike, Leeville-Turf, Meikle-Rodeo, and Genesis-Bluestar operations.
Ridgeline Minerals is a gold-silver explorer that owns four early-stage assets in the prolific Carlin and Battle Mountain-Eureka Trends of Nevada.
Contact Sean at sean@proactiveinvestors.com