First Drill Hole At The CRD Target On Selena Project

VANCOUVER - Ridgeline Minerals Corp. reported that the first two holes of the 2022 drill program at the Selena project intersected silver (Ag") - gold (Au) - lead (Pb) - zinc (Zn) carbonate replacement (CRD) style mineralization at the CRD target, a conceptual target located between the Company's original shallow-oxide Ag-Au ± Pb-Zn discovery at the Chinchilla Zone and the Butte Valley porphyry located approximately 4.0 kilometers (km) to the west. Drill hole SE22-037 was a 2.5 km step-out to the west of known mineralization at Chinchilla and returned highlight intercepts of 3.0 meters (m) grading 40.2 grams per tonne ("g/t") Ag, 3.0 g/t Au, 0.2% Pb, 6.8% Zn and 3.0m grading 35.4 g/t Ag, 0.9 g/t Au, 1.0% Pb, 2.3% Zn within wider (15.2-16.8m), lower grade intervals surrounding both zones.

Mike Harp, Vice President, Exploration, said, "A year of detailed field work and conceptual targeting went into our first hole at the CRD target, a 2.5 kilometer step-out down-dip and to the west of known mineralization at Chinchilla. Hole 37 hit two distinct mineralized zones in the projected host horizon, including 3.0 meters of the highest-grade gold and zinc we've ever drilled at the project to-date. It's important to note that both gold and zinc grades appear to be increasing towards the porphyry, which is consistent with our greater metal zonation model for the project. Selena now hosts three distinct mineralized zones at Chinchilla, Juniper and CRD, as well as two additional high-priority targets at Revival and Broken Egg. We are looking forward to our planned core program in August, where we will continue to systematically test each target in order to fully understand the potential upside of this district-scale discovery."

Successful results at the CRD target combined with the Company's recent acquisition of historical high-grade Ag-Au results at Juniper highlight the need for mineralized zones at the project to be drilled with diamond core drilling methods. As a result, the Company has halted its reverse circulation ("RC") drill program at Selena that was operated under its strategic drilling contract with Envirotech Drilling LLC, in order to transition to core drilling. Core drilling services will be provided by NISS LLC and is anticipated to begin in August 2022. The Company's strategic contract with Envirotech drilling will remain in effect and Envirotech will continue to provide RC drilling services as needed.