Ridgestone Mining Inc. RMI.V
Ridgestone Mining Inc. Completes Drill Program On Its Rebeico Gold-Copper Project, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2018) - Ridgestone Mining Inc. (TSXV: RMI) (OTCQB: RIGMF) ("Ridgestone Mining") announces that it has received partial results from a recently completed 12 hole, 1,430 meter diamond drill program at its Rebeico gold-copper project located within the prolific Sierra Madre gold belt, Sonora, Mexico
The program was designed to test for gold and copper mineralization beneath historical underground workings located along a 500 meter portion of the "Alaska" vein which can be traced at surface for approximately 1.2 kilometers in a north-south direction.
Drill holes 18REB1 and 18REB2 were collared at the same location and drilled at angles of -50 and -65 degrees respectively. Hole 18REB1 intersected old workings, presumably where the vein had been previously mined out, and was halted at 121.7 meters.
Drill holes 18REB3 and 18REB4 were both collared about 415 meters south of holes 18REB1 & 2, and were drilled at angles of -50 and -60 degrees respectively. Hole 18REB3 encountered an intensely fractured fault zone and was abandoned before reaching the targeted depth.
Highlights of the assay results are summarized below:
| Hole ID |
From (m) |
To (m) |
Interval (m) |
Au g/t |
Cu % |
| 18REB1 | 116.03 | 116.65 | 0.62 | 1.02 | 0.96 |
| 120.90 | 121.70 | 0.80 | 2.95 | 1.41 | |
| 18REB2 | 127.0 | 128.0 | 1.00 | 7.87 | 1.87 |
| 128.0 | 129.0 | 1.00 | 9.51 | 3.69 | |
| 18REB4 | 73.8 | 75.2 | 1.40 | 3.25 | trace |
| 76.5 | 78.0 | 1.50 | 1.39 | trace |
