Phase I Drill Program Completed At Swift Gold Project

VANCOUVER - Ridgeline Minerals Corp. reported the completion of its Phase I drill program at the Swift gold project located on the prolific Cortez District of the Battle Mountain - Eureka Trend, Lander County, Nevada. The program was comprised of three diamond drill core holes totaling 2,413 meters, (m) focused on the untested Fallen City target with two primary objectives: 1) Target the intersection of the down-dip projection of a kilometer-scale Carlin-Type pathfinder (gold-arsenic-antimony) soils anomaly and favorable Lower Plate carbonate host rocks; and 2) Confirm the Company's re-interpreted litho-structural model, which projects shallower Lower Plate carbonates (400-500m vertical depth) associated with a pronounced gravity high at the Fallen City target.

Phase I Highlights: SW20-001 and SW20-002 intersected Lower Plate carbonate host rocks at relatively shallow depths (425m vertical depth) with excellent correlation between modeled Lower Plate and gravity geophysical anomalies, historic drillhole MCK-99-5A intersected the Roberts Mountain Formation (gold host in the Carlin and Cortez trends) approximately one kilometer to the west of the Fallen City target and returned 16.8m grading 0.72 g/t gold, 0.50 g/t silver starting at 727m; Drilling intersected multiple intervals of Carlin-Type alteration associated with favorable fossil debris-flow horizons, fossil age dates to further constrain Lower Plate stratigraphy pending in Q1, 2021; and Multiple phases of intrusive intersected throughout the Lower Plate including Lamprophyre, Quartz-Feldspar Porphyry, and Granodiorite dikes and sills.

Mike Harp, Vice President, Exploration said, "Our team is encouraged by the geologic data collected during the Phase I drill program to-date. Our first two holes at the Fallen City target exhibit many of the fundamental characteristics shared by Carlin-Type gold systems in Nevada including favorable host rocks, hydrothermal alteration, proximity to major fault zones, and multi-phase igneous activity."