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Ridgeline Minerals' IP Survey Reveals Promising Porphyry Targets at Big Blue Project in Nevada

12 September, 2024 - 8:39AM
Ridgeline Minerals' IP Survey Reveals Promising Porphyry Targets at Big Blue Project in Nevada
Credit: resourceworld.com

Ridgeline Minerals Uncovers Promising Porphyry Targets at Big Blue Project in Nevada

Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) has announced promising results from its induced polarization (IP) survey at the Big Blue porphyry copper-gold project in Nevada. The survey, conducted in August 2024, covered 28 line-kilometers across the Delker and Ohio porphyry targets. The results have exceeded expectations and confirmed the potential for at least two porphyry targets on the property. The IP survey also provided key insights into the mineralization potential of the project.

Key Findings of the IP Survey

The IP survey identified significant chargeability anomalies, which are indicative of the presence of mineralized zones. These anomalies were found in two key areas:

Delker Porphyry Target

The survey identified a significant chargeability anomaly (20-25 mV/V) located directly down-dip of the Skarn Hill Adit. This anomaly is interpreted as the potential porphyry source to the Delker Mine trend. The survey also revealed a coincident resistivity high beneath Skarn Hill, which is interpreted as calc-silicate alteration, suggesting the presence of skarn mineralization.

Ohio Porphyry Target

The IP survey highlighted a strong chargeability anomaly (15-20 mV/V) under alluvial cover, less than 1 kilometer south of recently announced high-grade rock chip samples of up to 3.9% copper and 16.3 g/t gold. This anomaly suggests the potential for a standalone porphyry system at the Ohio target or a faulted portion of the Delker porphyry. The consistent copper grades as well as highly elevated gold and molybdenum values compared to the nearby Delker trend suggest the mineralizing system may be increasing in strength to the west.

Drilling Program on the Horizon

Based on the promising results of the IP survey, Ridgeline is moving forward with a maiden drill program. The program will target both the shallow, high-grade copper skarn and the deeper porphyry targets at Delker. The company is also excited to drill-test the Ohio target.

The IP survey and the planned drilling program represent significant milestones for Ridgeline's exploration activities at the Big Blue project. The company's exploration strategy is focused on systematically exploring the project area and identifying high-potential targets for future development.

Big Blue's Potential: A Promising Future

The Big Blue project has a rich history of mineral production, having historically produced 94,434 pounds of copper at an average grade of 6.2% between 1916-1917. The project also shares its southern boundary with Reyna Silver's Medicine Springs Ag-Pb-Zn Carbonate Replacement (CRD) project, which is a testament to the broader mineral potential of the region.

The company believes that the Big Blue project has the potential to become a significant copper and gold producer, especially with the potential for polymetallic, carbonate replacement deposit (CRD) style mineralization as the system zones outward over 6+ kilometers of strike towards the Medicine Springs project. Ridgeline's systematic exploration approach will continue to unlock the project's full potential.

The Big Blue project is a key asset for Ridgeline, and the company's exploration activities are expected to continue to generate positive results in the coming months and years. The project represents a significant opportunity for Ridgeline to expand its exploration portfolio and create value for shareholders.

Tags:
Copper Gold Porphyry Nevada Ridgeline Minerals Big Blue Porphyry Copper Gold Nevada IP Survey Exploration
Mohammed Al-Zahrani
Mohammed Al-Zahrani

Finance Expert

Providing insights into global financial markets.

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