Ridgeline Minerals – Earn-In Partner Nevada Gold Mines Is Commencing Drilling On The Swift Gold Project

Shad Marquitz
November 30, 2021

Chad Peters, President and CEO of Ridgeline Minerals (TSX.V:RDG – OTCQB:RDGMF) joins us to unpack today’s news release announcing that Nevada Gold Mines (NGM), a joint venture between Barrick and Newmont, is commencing drilling on the Swift Gold Project, in Nevada.  NGM has an earn-in option for 60% interest from Ridgeline Minerals on Swift, located on the Cortez District of the Battle Mountain – Eureka mine trend.


We wrap up by reviewing the prior and upcoming exploration programs at the Company’s other 3 Properties;  Selena,  Carlin-East, and Bell Creek.


If you have any follow up questions for Chad regarding Ridgeline Minerals, then please email us at either or

Click here to visit the Ridgeline website and read over the recent news.

    Nov 30, 2021 30:27 PM

    It is nice to the get the update on Ridgeline Minerals today, especially after having just had Goldfinger discussing them on his tax loss selling list, and in yesterday’s interview.

      Nov 30, 2021 30:32 PM

      Goldfinger’s 2021 Tax Loss Silly Season Shopping List
      by @Goldfinger – 26 Nov 2021
      “Ridgeline was one of the sexy new gold stories that was introduced to the market in 2020. Ridgeline boasts an impressive Nevada precious metals exploration portfolio that includes the aptly named Carlin East Project next door to Barrick Gold’s massive multi-million ounce Carlin and Goldstrike Mines. Ridgeline shares have been in a precipitous decline since peaking at $.77 in June of this year.”

      “I believe the current valuation (C$17.5 million market cap) does not adequately value the potential that exists across Ridgeline’s project portfolio and its partnership with the two largest gold miners in the world (Barrick/Newmont JV called Nevada Gold Mines), the gold giants of Nevada, Barrick Gold (NYSE:GOLD, TSX:ABX) and Newmont (NYSE:NEM).”

      “It doesn’t take a PHD geologist to understand that Ridgeline’s four Nevada projects are strategically located in ‘elephant country’ along two of the most prolific gold trends in North America; The Battle Mountain Trend, and the Carlin Trend.”

      “Ridgeline completed a 2,272 meter phase two drill program at Carlin East in October and the company expects results in November/December. Meanwhile, a drill program at Swift ($20 million earn-in agreement with Nevada Gold Mines) is slated to begin any day now with Ridgeline expecting results to trickle in throughout Q1 2022.”

      “Ridgeline CEO Chad Peters is particularly excited about the CRD (carbonate replacement deposit) potential of Ridgeline’s Selena Project located at the southern extension of the Carlin Trend. 2021 drilling at Selena intersected CRD type silver-lead-zinc-gold mineralization in three different holes… A 5,500 meter drill program in Q2 of next year will test the conceptual CRD targets at Selena.”

      “CEO Chad Peters tells me that Ridgeline will end the year with C$2.3 million in cash in the treasury. Ridgeline will have to raise money at some point in the 1st half of 2022, but Peters is not in a rush to do so with the share price at its lowest year-to-date levels and potential catalysts lined up at multiple projects over the next six months.”

      “Ridgeline has a prime project portfolio in the best gold mining jurisdiction in the world. A partnership with the two largest gold producers in the world only serves to add validation to the quality of Ridgeline’s assets.”

    Nov 30, 2021 30:36 PM

    Rick Rule … For you people on the investing page of The Ker Report…This is a must watch watch .
    But you could skip it , because some people , think i am more madder , than the March Hare.

      Nov 30, 2021 30:49 PM

      Thanks IrishT. Always nice to get Rick Rule’s thoughts on the markets.

      BTW – I kinda like that you are “madder than the March Hare”. 😉

        Dec 01, 2021 01:31 AM

        Thanks Irish.. a couple of weeks ago I took Rick up on his offer to analyze one of 3 of my portfolios. The other 2.. I sent away the other day.Anyone else do the same?

          Dec 02, 2021 02:24 AM

          Great idea Ann. I have thought about it. Let us know how it goes. In the interview above, Mr Rule said he is 900 behind. Thanks for mentioning it. Based on what he indicated, it sounds like I have too many explorers…of course then he mentioned he owns Vizsla and Reyna.

    Dec 01, 2021 01:36 AM


    Gary savage is 100% certain the miners and metals don’t bottom till mid to late next year when they put in there 8 year cycle low. He is willing to die with that call.

    Doc maintains we don’t bottom till mid next year and better prices to come. He is waiting and nibbling

    Ramby in and out in and out. Stuck in no man’s land and waiting to see direction

    Jordan median term Bullish

    Many man bloggers and YouTube chartist and investors I mean 85% all bearish gold in down structure cycle

    Is this to obvious or is this to many in one side?

    Does anyone In here believe structurally aside from cycles or Gary’s 8 or 6 or 3 year cycle still believe that we can bottom very soon and still go up for the long term bull not just a cat bounce? Please identify yourself and plead the case.

    At the rate we are going if it goes back down these miners will be printing negative prices like negative rates lol. Joke aside it’s ridiculous.

    I’m on record and have not purchased anything since the last bottom and have not sold anything. Would have been wise to have released some. That’s ok

    However we wait and day by day forks are broken and adjusted including mine. Talk changes and sentiment deteriorates.

    Is there anyone out there that believes what Gary believes that gold “Must”touch the 50 monthly moving average. I’m just curious to hear why it must touch it. What rule book says that?


      Dec 01, 2021 01:11 AM

      Hey GLen……………… the only thing …I MIGHT PLEAD…. in my case………
      is…………….. Gold might not get over $1923… year end….. (this year)….. 🙂

        Dec 01, 2021 01:15 AM

        This might be the LONGEST “handle”….. on a cup….. in history…… (concerning gold)….
        I must refer all charts to a pro…………….. 🙂

          Dec 02, 2021 02:26 AM

          I am starting to think there are not a whole lot of uses for a very big cup except for a ride at Disneyworld.

      Dec 01, 2021 01:41 AM

      David Hunter, An analyst who’s been correct on everything the past two years is predicting gold to 2500, silver to 50 and GDXJ to 100 in the next 6 months

        Dec 01, 2021 01:07 AM

        Thanks for the info……….. Norrareal

        Dec 01, 2021 01:08 PM

        Thanks Norrareal, those targets are more realistic than most might assume, especially at the moment.
        A quick poke marginally lower in gold should finally give us the short term low I’ve been expecting.

          Dec 01, 2021 01:18 PM

          David is also predicting a 70-80% deflationary bust in the 2nd half of 2022 followed by 20%+ (hyper) inflation in the second half of the decade. He sees gold going up to 10.000+ by the end of the decade and oil to 400. But he sees a 70-80% bust first
          Here are his six month targets for the PM sector

          Dec 01, 2021 01:32 PM

          David is also predicting a 70-80% deflationary bust in the 2nd half of 2022 followed by 20%+ (hyper) inflation in the second half of the decade. He sees gold going up to 10.000+ by the end of the decade and oil to 400. But he sees a 70-80% bust first
          Here are his six month targets for the PM sector

            Dec 01, 2021 01:40 PM

            It seems he thinks deflation is falling asset prices. It isn’t. Deflation is a contraction of the money supply and that is not likely to happen at all. People need to understand that what’s coming could be the worst of both worlds, a hyperinflationary depression (or at least an inflationary one). Many conflate depression with deflation but that’s a mistake. Governments are perfectly capable of destroying their currencies while also destroying their economies. Asset prices that are tied to the economy can easily fall in such an environment while commodity based assets (necessities) rise, especially gold and silver since both are money first foremost unlike the industrial metals.
            The dollar just might become “chronically strong” as Bob Hoye keeps predicting but only when compared with other currencies. In terms of purchasing power in the real world, it will remain chronically weak. “King” dollar has lost a lot of purchasing power in the last 1, 2, 5, 10, 20, 50 and 100 years and it’s going to get much worse, not better.
            The more quickly gold and silver reach Hunter’s targets, the greater the potential will be for a scary correction but it won’t be due to deflation and it won’t be anywhere near 70-80% (if that’s what he’s saying – I don’t want to put words in his mouth).

    Dec 01, 2021 01:25 AM

    My stocks that are mostly not GDX or GDXJ or popular with Institutional money bottomed 6 months to a year ago and fundamentally looking at the situation the Fed and Wall Street has gotten us into with their corrupted and fraudulent practices, coupled with the massive disinformation program concerning the metals as well as their direct intervention including the fraudulent paper market for price setting…I believe breakout is imminent any minute. But, I have believed that for a long time but I am not an inside trader… but rather a lowly retail trader trying to find something or anything to invest in that is not intervened in and distorted by unregulated forces… but that is just me.

      Dec 01, 2021 01:08 AM

      When you mention your stocks that are not gdx or gdxj what sector are you speaking of? Metals, oil, energy, teck, crypto, gold, copper, uranium what exactly?

      Thank you for your response. If we go back 6 months it is very hard to find any miners that bottomed then this is why I ask you. Go back two months or three and yes there was a clear bottom. So I’m curious as to what you invested in 6 months ago that was a bottom. Care to share 🙂


        Dec 01, 2021 01:27 AM

        Explorers that haven’t been elevated to index level or not elligible for institutional purposes yet. However, I do have Great Bear and Vizsla which have been performing. And of course, Emerita, which has been in a Bull Market for most of the year. Emerita is an anomaly as it has really pushed my portfolio to an all time high. I am mostly talking about stocks like Summa, Blackrock, Silver Tiger, Banyan, Volcanic Gold, Nobel Resources, Copper Lake, Millenial, New Age, Group Ten, Big Ridge, Labrador…mostly early stage stuff. They have had an on going pattern of alternating days of ups and downs based on “nothing” which keeps my account at a status quo except for Emerita… I am over weight Emerita for good reason despite it having 5-6 corrections of various strengths.
        So a good year, but a very suspicious one as things go….