Ridgeline Minerals – An Earn-In Option with Nevada Gold Mines on the Swift Project, and updates on drilling at the Selena and Carlin-East Properties
Chad Peters, President and CEO of Ridgeline Minerals (TSX.V:RDG – OTCQB:RDGMF) joins us to recap a key news release highlighting an earn-in agreement with Nevada Gold Mines (a joint venture between Barrick and Newmont) for an initial 60% interest in the Swift Project, in Nevada. To earn the 60% interest Nevada Gold Mines must spend $20million over 5 years on the Project, $4million is guaranteed.
We also look to the exploration programs at the Selena and Carlin-East Properties. Assay results from the 3,500 meter program at Selena have been released and resulted in a large CRD target for follow up drilling. At Carlin-East Chad updates us on the progress of the deep drilling that is wrapping up very shortly.
If you have any follow up questions for Chad regarding any of the work ongoing at any of the Projects please email us at either Fleck@kereport.com or Shad@kereport.com.