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Stock Master Flash @StckMasterFlash on x 2890 followers
Created: 2025-06-23 18:01:27 UTC
TODAY: @RidgelineNV Launches 2025 Drill Program at Selena CRD Project with South32 Backing $RDG.v $RDGMF $ASX
Today, $RDG commenced its 2025 drill program at the Selena Carbonate Replacement (CRD) project in Nevada, operated under a Phase X earn-in agreement with South32.
⭐️Key Highlights⭐️ Budget: ✅Year-2 exploration budget of $XXXX million.
Drill Plan: ✅Up to XXXXX metres of core drilling across three deep holes.
Target: ✅The program will test a large MT (Magnetotelluric) anomaly at the Chinchilla Sulfide CRD target, identified in early 2025 that is geologically comparable in scale and structure to South32’s Taylor deposit
Geological Focus: ✅Drilling will test key stratigraphic and structural horizons, with the anomaly interpreted as plunging ~45° N-S and bounded by thrust faults—considered potential fluid conduits to the CRD system.
The program marks a major step in advancing Selena as a high-potential sulfide discovery with South32’s continued financial and technical support.
⭐️Selena Project Overview⭐️ The Selena Project is emerging as a potential district-scale carbonate replacement deposit (CRD) system targeting high-grade Ag-Pb-Zn-Au mineralization, backed by a US$20M earn-in agreement with global major South32.
➡️Spanning a XX km² land package in Nevada’s historic Limousine Butte district
➡️Strategically located adjacent to Freeport-McMoRan’s $XX million Butte Valley porphyry joint venture.
➡️Drilling has returned high-grade results, including XXX metres grading XXX g/t silver, XX% lead, and XXX% zinc from the Chinchilla Zone, and XXX metres grading XXXXX g/t silver and XXX g/t gold from the Juniper Zone.
➡️Strong upside as a potential CRD system on trend with major discoveries like Taylor, Hilltop, and Cinco de Mayo.
With South32’s backing and clear geophysical targeting, it is one of Ridgeline’s most advanced and high-impact projects.
Full News Release:
More info on RDG:
XXXXX engagements
