Ridgeline Minerals Partners with South32 on Selena Project

Ridgeline Minerals (TSE:RDG) has released an update.

Ridgeline Minerals Corp. has announced the approval of an Earn-In Agreement with South32, allowing South32 to acquire up to an 80% stake in Nevada’s Selena Project. By investing up to $20 million over eight years in the project, South32 aims to support the exploration and potential development of the mine. Ridgeline will continue to operate the project during the initial phase and will benefit from South32’s global mining expertise and financial commitment.

For further insights into TSE:RDG stock, check out TipRanks’ Stock Analysis page.