Ridgestone Mining Inc. 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 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 [...]
Ridgestone Mining Inc. is pleased to announce the appointment of Mr. Steven I. Weiss, PhD, CPG, as Chief Independent Technical Advisor for its Rebeico Gold and Copper Project, located in Sonora, Mexico. Mr. Weiss has worked as an exploration geologist since 1979 in various roles from generative through to senior project management. Mr. Weiss began work in Mexico in 2003 when he joined Glamis Gold to lead their exploration [...]
Ridgestone Mining Inc. is pleased to announce that it has closed the final tranche of its previously announced private placement financing . An aggregate of 2,263,666 units at a price of $0.15 per Unit were issued in the Final Tranche for gross proceeds of $339,549.90 and the net proceeds are expected to be used for ongoing working capital requirements relating to the Rebeico gold-copper project in Sonora, Mexico. Each [...]
Ridgestone Mining Inc. is pleased to announce the closing of the first tranche of the non-brokered private placement announced on February 4th, 2020. The Company issued a total of 4,748,347 units at a price of $0.15 per Unit for gross proceeds of $712,252.05. Jonathan George, CEO comments: "We are excited to have closed this first tranche of the private placement, which allows us to secure and finalize our upcoming maiden [...]
Ridgestone Mining Inc. is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,050,000 , which is expected to consist of up to 6,000,000 units , with each Unit comprised of one common share and one-half of one common share purchase warrant at a price of $0.15 per Unit, or such other price per unit determined by Ridgestone Mining management in compliance [...]
Ridgestone Mining Inc. , is pleased to announce results from a recently completed rock-chip sampling program conducted on its Rebeico Gold & Copper Project, Sonora, Mexico. The sampling focused on the New Year Zone, where reconnaissance rock chip sampling by Agnico Eagle Mines in 2012 and later by Ridgestone's exploration team, returned up to 2 g/t gold and 0.63% copper. HIGHLIGHTS: Widespread gold and copper [...]
Ridgestone Mining Inc. is pleased to announce the appointment of Mr. Richard Savage to the Company's Advisory Board. Mr. Savage began his career as an Investment Advisor at Yorkton Securities in 1988 and remained there for 28 years. During it's time, Yorkton Securities was one of the leading mining and technology investment firms in Canada and Mr. Savage was consistently one of the firm's top producing wealth advisors [...]
Ridgestone Mining Inc. is pleased to announce the appointment of Mr. Jonathan George as CEO in place of Mr. Ted Liu and to its Board of Directors effective November 14, 2019. Mr. George is a geologist and mining entrepreneur with over 35 years of experience in mineral exploration, development and financing of projects globally. Mr. George co-founded Creston Moly and served as President and CEO where he spearheaded over [...]
Ridgestone Mining Inc. wishes to report results of historical rock chip samples obtained by the Servicio Geológico Mexicano from artisanal workings located within the company's newly acquired "Alaska" group of mining claims. These claims are located immediately west and northeast of the Rebeico Gold -Copper project, Sonora. Highlights Increases Rebeico land position to 3,459 hectares Six artisanal workings on new [...]
Ridgestone Mining Inc. is pleased to announce that it has entered into an agreement to purchase a 100% interest in 10 mining concessions adjacent to its Rebeico gold - copper project, Sonora, Mexico . The 10 concessions cover an area of 3,292 hectares located to the west of Ridgestone's existing Rebecio claims. Initial reconnaissance encountered numerous artisanal workings and mineralized outcrops which were sampled and [...]
Ridgestone Mining Inc. is pleased to announce the results from a bulk sampling program recently carried out at its Rebeico gold-copper project in Sonora, Mexico. A total of 111 samples with a combined weight of approximately 2,500 kilograms was collected from eight waste-rock dumps remaining from historical underground mining on the property. The waste-rock material was mined principally from the "Alaska" vein as recently [...]
Ridgestone Mining Inc. is pleased to announce the appointment of Mr. Benjamin Asuncion to the Company's Board of Directors. Over the past decade, Mr. Asuncion has accumulated extensive experience in the capital markets and the natural resources sector. From 2017 through 2019, Mr. Asuncion has held senior management or director roles with a number of public companies throughout the mining, healthcare, technology and life [...]
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