Vancouver, British Columbia - March 25, 2020 (Newsfile Corp.) (Investorideas.com Newswire) Ridgestone Mining Inc. (TSXV: RMI) (OTCQB: RIGMF) ("Ridgestone") has commenced a 10-hole, 1,500-meter Phase 1 diamond drilling program at the newly discovered gold and copper-bearing New Year Zone at its wholly-owned Rebeico Gold- Copper project, in Sonora, Mexico. Ridgestone's 35 sq. km Rebeico Project (Figure 1) is located in the rich Sierra Madre belt with significant current and past-producing gold and silver mines to the north, south, east and west of the property.
Dr. Steven Weiss, chief technical adviser for the Rebeico Project, commented, "We're very optimistic about this maiden drill program at the New Year Zone, especially considering the robust gold values obtained over a substantial area at surface."
Dr. Weiss added, "The encouraging high-grade gold results from the 2018 drilling of the nearby Alaska vein indicate the presence of an aerially extensive mineral system and an intriguing target is the possible subsurface intersection of the New Year Zone with the Alaska vein."
Jonathan George, Ridgestone CEO, commented, "In light of the global COVID-19 pandemic, new operational procedures were implemented to protect the health of our workforce and their communities. The drill program has been progressing smoothly without disruption."
Phase 1 drilling is being conducted by Layne de Mexico with conventional wire-line diamond-core methods under the guidance of Steve Weiss (Chief Technical Advisor) and Jonathan George (CEO), with onsite supervision by geologists from Ridgestone's partner YQ Gold. Drill core is transported daily from the drill sites to YQ Gold's secure logging and storage facility.
About Ridgestone Mining Inc.
Ridgestone is a Canadian mineral exploration company focused on its wholly-owned, high-grade Rebeico gold-copper project located in Sonora, Mexico.
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