tiprankstipranks
Advertisement
Advertisement

Ridgeline Extends High-Grade Chinchilla Sulfide Discovery at Nevada Selena Project

Story Highlights
  • Ridgeline reported new high-grade intercepts at the Chinchilla Sulfide CRD discovery, including a 3.1-meter zone in hole SE25-054 that will be tested further in 2026.
  • With high-grade hits in two of three 2025 drill holes and planned borehole EM surveys, Ridgeline aims to refine targeting and advance the Selena project under its South32 earn-in deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ridgeline Extends High-Grade Chinchilla Sulfide Discovery at Nevada Selena Project

Claim 55% Off TipRanks

The latest announcement is out from Ridgeline Minerals ( (TSE:RDG) ).

Ridgeline Minerals reported additional assay results from the Chinchilla Sulfide carbonate-replacement discovery at its Selena project in Nevada, highlighted by a 3.1-meter intercept in hole SE25-054 carrying high grades of silver, lead and gold from an upper oxide horizon. The hole, a 700-meter step-out from the original discovery, was halted at 916 meters due to winter conditions and is scheduled to be deepened in 2026 to fully test the targeted geophysical anomaly.

The 2025 drill program has intersected high-grade mineralization in two of three holes, including previously reported massive sulfide intervals in SE25-053, reinforcing the scale potential of the Chinchilla Sulfide zone. Ridgeline plans a fully funded 2026 campaign starting in May that will include borehole electromagnetic surveys on key holes to refine targeting, a strategy that could accelerate resource definition and enhance the project’s attractiveness under its earn-in partnership with South32.

The most recent analyst rating on (TSE:RDG) stock is a Hold with a C$0.24 price target. To see the full list of analyst forecasts on Ridgeline Minerals stock, see the TSE:RDG Stock Forecast page.

Spark’s Take on RDG Stock

According to Spark, TipRanks’ AI Analyst, RDG is a Neutral.

The score is held back primarily by weak financial performance (pre-revenue, operating losses, and persistent cash burn despite a strong low-debt balance sheet) and limited valuation support (high P/E, no dividend). Offsetting factors include constructive technicals (price above long-term averages with mild positive momentum) and a series of positive, growth-oriented exploration updates.

To see Spark’s full report on RDG stock, click here.

More about Ridgeline Minerals

Ridgeline Minerals Corp. is a mineral exploration company focused on discovering and advancing precious and base metal deposits in Nevada. The company is currently operating the Selena project under Phase 1 of an earn-in agreement with a subsidiary of South32 Limited, which may fund up to US$10 million to earn a majority interest in the project.

YTD Price Performance: -32.76%

Average Trading Volume: 301,513

Technical Sentiment Signal: Sell

Current Market Cap: C$28.1M

For detailed information about RDG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1