Cortez Gold Mine

Ridgeline Minerals Intersects Wenban Formation and Drills 0.22 g/t Gold and 860 g/t Silver over 0.2 Meters at the Swift Project, Nevada

Wednesday, January 13, 2021 - 1:30pm

Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.

Key Points: 
  • Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.
  • SW20-001 & SW2-002 intersected Lower Plate carbonate host rocks interpreted as the Wenban and Roberts Mountains formation starting at 425 m vertical depth.
  • Significance - The Wenban formation had not previously been intersected with historic drilling at Swift and is considered the primary gold host (see Swift Stratigraphic Section ) to the Nevada Gold Mines owned Cortez Complex (34.8 Moz.
  • Notable examples include the Nevada Gold Mines, (a joint venture between Barrick Gold and Newmont Mining Corp.) owned Goldstrike, Pipeline, Cortez Hills and Goldrush deposits.

Riley Options Two Nevada Gold Projects: Tokop and Pipeline West/Clipper and Announces C$2,000,000 Private Placement

Thursday, October 1, 2020 - 1:00pm

The Tokop Gold Project (Tokop) is located in Esmeralda County (Tokop Mining District), approximately 80 km south of Tonopah.

Key Points: 
  • The Tokop Gold Project (Tokop) is located in Esmeralda County (Tokop Mining District), approximately 80 km south of Tonopah.
  • At Tokop, gold mineralisation is hosted in intermediate granitic rocks, similar to that being mined at the Fort Knox Gold Mine near Fairbanks, Alaska.
  • The Pipeline West/Clipper Project (Pipeline West) is located in Lander County (Cortez Mining District), approximately 80 km southwest of Elko, Nevada.
  • Nearby gold deposits include Barricks Cortez Complex (operated under the Nevada Gold Mines JV): Pipeline; Gold Acres; Cortez; Cortez Hills; Goldrush and Four Mile.