Mining Stock Daily Ridgeline Minerals Drilling Update from Nevada Portfolio
Sep 17, 2025
Chad Peters, Executive of Ridgeline Minerals, shares exciting insights from the company's Nevada drilling portfolio. He reveals challenges and progress at the Selena project, aided by partner South32. The conversation dives into high-grade gold drilling at Swift, supported by a $5M funding commitment, and a surprising shallow host rock hit at Black Ridge showing promising Carlin-style signs. Peters emphasizes Ridgeline's innovative, hybrid exploration model, blending partnership strategies to navigate the mining landscape.
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Tough First Hole, Encouraging Alteration
- Chad described slow initial drilling at Selena through heavily faulted, altered rock that produced pervasive CRD-style alteration similar to Cachinchilla Oxide.
- He framed the difficult first 500-foot zone as encouraging because alteration was abundant and consistent.
Bring Expert Drill Supervisors
- Use experienced drilling supervisors to solve technical problems and speed up slow programs.
- Chad credited South32's supervisor for tweaking mud mix and boosting progress from ~20 ft/day to ~100 ft/day.
Contextual Release Of Drill Results
- Chad prefers releasing drill results with context, showing multiple holes across an anomaly rather than isolated hits.
- He plans to pair north and south Selena holes to illustrate scale and interpretation before scattering standalone releases.