20269 releases
Ridgeline files Early Warning Report in Respect of Spartan Metals Corp.
An additional 5,000,000 common shares of Spartan Metals Corp. were issued to Ridgeline Minerals on July 31, 2026, for no additional cash consideration as part of the purchase price under a June 2, 2025 share purchase agreement covering Ridgeline's sale of Spartan Exploration Nevada Corporation. Ridgeline now holds 10,230,466 common shares, about 17.3% of Spartan Metals on a non-diluted basis, up from 5,230,466 shares. An early warning report will be filed on SEDAR+.
NewsRidgeline Minerals Converts Exploration Success into All-Cash C$32.7 Million Sale of Carlin & Cortez Trend Gold Portfolio to Nevada Gold Mines
Nevada Gold Mines LLC, a Barrick–Newmont joint venture, has acquired 100% of Ridgeline Minerals' interests in the Swift, Black Ridge, Bell Creek and Atlas gold exploration projects on Nevada's Carlin and Cortez trends for a one-time all-cash payment of US$23,150,000 (C$32,706,320), effective August 3, 2026. The transaction is arm's length, carries no finder's fees, and remains subject to final TSX Venture Exchange approval. Ridgeline retains C$33.0 million in cash, C$3.0 million in marketable securities, and its Selena, Big Blue and Coyote projects.
AcquisitionRidgeline files Early Warning Report in Respect of Spartan Metals Corp.
A disposition of 600,000 common shares of Spartan Metals Corp. at $0.48 per share for gross proceeds of $288,000 was completed on July 13, 2026. Ridgeline's holding fell from 5,380,466 shares, or about 10.77% of Spartan's outstanding shares, to 5,230,466 shares, or about 8.84%, dropping below the 10% early warning reporting threshold. The shares are held for investment purposes and the early warning report has been filed on SEDAR+.
NewsRidgeline Minerals Initiates Drill Program at the Chinchilla Sulfide CRD Discovery, Selena Project
A 2026 partner-funded drill program has begun at the Chinchilla Sulfide CRD discovery on the Selena project in Nevada, starting with three deep holes: SE26-055, a 250m step-out northeast of 2025 discovery hole SE25-053; SE26-056, testing between SE25-053 and 2022 RC hole SE22-038; and SE26-057, targeting copper-silver skarn along the margins of the Butte Valley porphyry. Borehole electromagnetic surveys in holes SE25-053 and SE25-054 are planned for early-mid June. South32 funds the earn-in, approving a year-3 budget of US$4,400,000.
Drill resultsRidgeline Minerals Announces $9.9M in Partner-Funded 2026 Exploration Budgets at the Swift and Selena Projects
Partner-funded 2026 exploration budgets totalling US$9,500,000 have been approved across the Selena and Swift projects in Nevada. South32 approved a Year-3 program and budget of about US$4,400,000 at Selena for three core holes, including two testing the Chinchilla Sulfide discovery and one targeting copper-silver skarn near the Butte Valley porphyry, with BHEM surveys in late June. Nevada Gold Mines approved US$5,500,000 at Swift for 5-6 deep core holes at SW Swift, Aquila and Pegasus. Drilling starts at Selena in April and Swift in May.
NewsRidgeline Minerals Reports Additional Assay Results for the Chinchilla Sulfide CRD Discovery at the Selena Project
Core hole SE25-054, a 700 m step-out northeast of discovery hole SE25-053 at the Chinchilla Sulfide CRD discovery on the Selena project in White Pine County, Nevada, returned an upper oxide intercept of 3.1 m grading 86.5 g/t silver, 0.3% zinc, 3.8% lead, 2.9 g/t gold and 0.07% antimony (353.1 g/t AgEq) from 639 m downhole. The hole was paused at 916 m and will be deepened to up to 1,200 m. Two borehole electromagnetic surveys are planned, with a fully funded 2026 drill program expected to start in May. Selena is operated under a South32 earn-in of up to 80%.
Drill resultsRidgeline Minerals Reports 38.3 – 58.0 Million Tonne Silver-Gold Exploration Target at the Chinchilla Oxide Deposit, Selena Project
An exploration target of 38.3–58.0 million tonnes grading 39.8–52.0 g/t Ag, 0.12–0.15 g/t Au, 0.42%–0.55% Pb and 0.40%–0.51% Zn has been outlined at the Chinchilla Oxide deposit on the Selena project in White Pine County, Nevada. The target, conceptual in nature with no mineral resource defined, is based on 33 drillholes totalling 8,250.3 m and five trenches totalling 180.4 m, using a 15.0 g/t Ag cutoff. Selena is operated under a South32 earn-in.
NewsRidgeline Minerals Announces Drill Results and Provides Permitting Updates at the Swift Project, Nevada
Core hole SW25-008 at the Swift gold project in Nevada returned 33.7m grading 0.5 g/t Au, including 5.8m grading 1.5 g/t Au from 1,059m downhole, within a 114.6m consolidated gold zone (>0.2 g/t Au) starting at 779m; the hole reached 1,249.7m total depth and was drilled about 500m southeast of SW24-006. Nevada Gold Mines received approval for a 200-acre Plan of Operations exploration permit in late 2025. NGM has incurred US$14,482,000 in Phase I expenditures through December 31, 2025, toward US$20,000,000 for a 60% interest.
Drill resultsRidgeline Minerals Welcomes Independent Director Ryan Walchuck to the Board
Ryan Walchuck has been appointed to Ridgeline Minerals' Board of Directors as an independent director, while Duane Lo resigns as a director and remains Chief Financial Officer. Walchuck is currently Senior Manager, Business Analysis at Rio Tinto and has held senior roles at Rio Tinto and BHP. He was granted 150,000 stock options exercisable at $0.24 per share for five years and 100,000 deferred share units.
Management
202527 releases
Ridgeline Minerals Reports Additional Assays for the Chinchilla Sulfide CRD Discovery at the Selena Project, Nevada
Discovery drillhole SE25-053 at the Selena project in White Pine County, Nevada returned a lower sulfide intercept of 8.7 m grading 7.0% Zn, 13.9 g/t Ag, 0.3% Pb, 0.1 g/t Au, 0.1% Cu and 0.01% Sb (175.5 g/t AgEq or 7.3% ZnEq) from 1,069 m downhole, 94 m below the previously reported upper zone. The hole intersected three CRD horizons totalling 27.2 m. Hole SE25-054, a roughly 700 m northeast step-out, is in progress with assays due in 2026. South32 can earn up to 80% of Selena.
Drill resultsRidgeline Minerals Provides Assay Results for the Black Ridge Gold Project, Nevada & Drill Program Update for the Swift Gold Project, Nevada
A single deep core hole at the Black Ridge gold project on Nevada's Carlin Trend, drilled by operator Nevada Gold Mines to 1,109 m, returned 0.8 m grading 0.113 g/t gold from 972.8 m in sulfidized Popovich formation, with lower-plate Rodeo Creek host rocks hit at 773 m vertical depth. NGM has spent US$1,071,000 of the US$4,500,000 required by July 14, 2028 to earn 60%. At Swift, assays are pending on two core holes amid lab delays; NGM has incurred US$14,789,000 toward US$20,000,000 by December 31, 2026.
Drill resultsRidgeline Minerals Drills Massive Sulfide CRD Discovery at the Chinchilla Sulfide Target, Selena Project, Nevada
Drilling at the Chinchilla Sulfide target, Selena project, White Pine County, Nevada, returned a massive sulfide CRD intercept in hole SE25-053 of 1.1m grading 27.0% Zn, 60.1 g/t Ag, 1.5 g/t Au, 0.7% Pb, 0.4% Cu and 0.03% Sb (766.4 g/t AgEq) from 942.4m, plus 17.4m at 6.0% Zn, 35.6 g/t Ag from 958.0m, including 8.6m at 10.4% Zn. Hole SE25-052A returned 25.6m at 4.0 g/t Ag. Selena is operated by Ridgeline under a South32 earn-in of up to 80%.
Drill results