Ridgeline Minerals (TSX-V:RDG, OTCQB:RDGMF) Corp has announced the completion of a high-resolution, 388 line-kilometer drone magnetics geophysical survey at its flagship Selena project in Nevada, a silver-gold-lead-zinc carbonate replacement deposit (CRD).
The company said the purpose of the survey was to increase drill targeting confidence along key fault intersections associated with the conceptual CRD drill target located on-strike of Ridgeline's original shallow-oxide, silver-gold discovery and the Butte Valley copper-gold-silver porphyry located off the western edge of the property.
“Our team has been systematically advancing the CRD target concept at Selena with the discovery of polymetallic mineralization in multiple drillholes during our 2021 exploration drilling campaign,” Ridgeline Minerals vice president, exploration Mike Harp said in a statement.
READ: Ridgeline Minerals set for 5,500 metre drill program at flagship Selena project, Nevada
“Extensive geologic mapping has since identified key field relationships at Selena that are consistent with other established CRD systems and, when combined with the surface geochemical zonation patterns, suggest that the core of the CRD target lies down-dip and to the west of our original discovery,” Harp added.
Ridgeline noted the results of the survey correlated well with the existing structural and surface geochemical model, but also highlighted multiple previously unidentified structural targets under shallow pediment cover.
As well, the company reported that it has received approval for an amended Notice of Intent exploration permit with the Bureau of Land Management for an additional nine drill sites in the CRD target area, as part of the 5,500-meter program that is set to being in April.
Ridgeline Minerals is a discovery-focused gold-silver explorer with a proven management team and a 154-square kilometre exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada, US.
Contact Sean at sean@proactiveinvestors.com