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Ridgeline sells four Nevada gold projects to Nevada Gold Mines for US$23.15M in cash.

Company Fundamentals
04 Aug 2026
Newsfile Corp
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Bullish
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Ridgeline Minerals Corp. has sold its interests in four gold exploration projects in Nevada—Swift, Black Ridge, Bell Creek, and Atlas—to Nevada Gold Mines for US$23.15 million in cash. This transaction gives Nevada Gold Mines 100% ownership of these projects and provides Ridgeline with a significant cash boost, retaining C$33 million in cash and C$3 million in securities. Ridgeline will continue exploration on other projects, including its flagship Selena project, supported by partners South32. The deal validates Ridgeline's business model and positions it to pursue new opportunities and partnerships in Nevada's mining sector.

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