Ridgeline Minerals sells Nevada gold exploration portfolio to Nevada Gold Mines for US$23.15 million

Reuters2026/08/04 11:34

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Ridgeline Minerals agreed to sell its Swift, Black Ridge, Bell Creek, Atlas Nevada gold exploration assets to Nevada Gold Mines for USD 23.15 million cash.
Deal closed effective Aug. 3, 2026. Nevada Gold Mines takes 100% ownership of the portfolio.
Ridgeline expects to retain about CAD 33 million cash. It also holds CAD 3 million in Spartan Metals shares.
Company keeps its Selena earn-in with South32. It also retains the Big Blue copper-CRD project and the Coyote gold project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ridgeline Minerals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608040730NEWSFILECNPR____20260804_307876_1) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ridgeline Minerals sells Nevada gold exploration portfolio to Nevada Gold Mines for US$23.15 million

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