Ridgeline Minerals reports encouraging drill assays from Selena, confirming high-grade silver potential

Ridgeline Minerals reports encouraging drill assays from Selena, confirming high-grade silver potential

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Ridgeline Minerals Corp (CVE:RDG) (OTCQB:RDGMF) (FRA:0GC0) has reported encouraging drill results from its Selena oxide silver-gold project in Nevada, which confirmed the property's high-grade silver potential, and also revealed that it had kicked off first phase metallurgy.   The company reported assays from the first four of 14 holes from its recently completed 3,445 meters (m) Phase IV drill program.  The holes were focused on infill drilling within the 2020 mineralized footprint and highlight results included an intercept of 10.7m grading 194 grams per ton (g/t) silver, 0.3 g/t gold, 2% lead, 1.7% zinc starting at a depth of 191m in one hole. Also hit was 13.7m grading 221.1 g/t silver, 0.1 g/t gold, 2.2% lead and 0.5% zinc starting at 249m depth in another hole. READ: Ridgeline Minerals names long-time geologist and industry executive Mac Jackson as technical advisor "We are very encouraged by the initial infill results at Selena, which returned the highest-grade intercepts drilled to-date, confirming the high-grade silver potential of the oxide system," said Chad Peters, Ridgeline's CEO, in a statement. "The elevated lead and zinc mineralization in multiple holes is an exciting new development that supports our team's growing belief that Selena is host to a large mineralized system with potential to discover multiple deposit types across the more than 35 square kilometer project." Also in the statement, Ridgeline said it had hired Samuel Engineering to oversee a Phase I metallurgy program at Selena. This includes completing the re-assay of all reported drill and trench assay intercepts from 2020 using a 4-acid digest and ICP-MS analysis. In addition, Ridgeline said 10 bottle roll composites from throughout the mineralized footprint have been submitted to a lab in Reno, Nevada. Results of this bottle roll program are expected in early Q3, 2021 and will be the first step in confirming the potential viability of a heap leach processing operation at Selena, said the company. Selena sits in White Pine County, around 64 kilometers north of Ely, Nevada, and 12 kilometers southeast of the Kinross operation Bald Mountain Gold mine. The property has only seen limited exploration activity in the last 20 years prior to being acquired by Ridgeline in 2019. Contact the author at giles@proactiveinvestors.com

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