Ridgeline Minerals Provides 2025 Budget Guidance for the Selena CRD Project, Nevada [Yahoo! Finance]
SOUTH32 LTD SPNS/ADR (SOUHY)
NASDAQ:AMEX Investor Relations:
south32.net/docs/default-source/exchange-releases/notice-of-annual-general-meeting-2017-and-director-election.pdf?sfvrsn=b80badf_6
Company Research
Source: Yahoo! Finance
the " Company ") is pleased to provide budget guidance for a 2025 drill program at the Selena Carbonate Replacement ("CRD") project ("Selena" or "Project") ( Figure 1 ). The Project is currently being operated by Ridgeline under Phase 1 of an earn-in agreement with a wholly owned subsidiary of South32 Limited ("South32"). All dollars noted are US dollars. South32 has spent a total of $329,842 in qualifying work expenditures through December 31, 2024, and will spend a total of $602,000 through June 30, 2025, constituting Year-1 of the 5-year, Phase 1 earn-in period. South32 has also approved a Year-2 exploration budget of for the year ending June 30, 2026, to drill up to three deep core holes (4,500 metres total) targeting the high-priority Magnetotellurics ("MT") anomaly that was recently identified at the Chinchilla Sulfide CRD target ( Figure 2 Figure 3 ). All requisite exploration permits are in hand, with drilling anticipated to begin in June 2025. Chad Peters, Ridgeline's Pre
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