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Ridgeline MineralsTSXV:RDG

Gold explorer, with a project stated to be in Nevada, United States.

Nevada · United States — as stated on the recordings

explorer gold Nevada, United States
Jan 2025 → Nov 2025Covered
8 of 10Topics on record
2Figures tracked over time
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 2 interviews with the company · 4 independent recordings
Stage
Explorer
Primary commodity
Gold
Jurisdiction
Nevada, United States
Deposit
CRD (carbonate replacement style deposit)
Latest appearance
25 Nov 2025
On record
2 interviews · 31 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Grade
up to a meter of 27% zinc, 60 g silver, gram and a half gold, percent and a half copper
Management-stated Chad Peters Nov 2025
Money on hand
no need to raise money, partners funding everything
Stated capital need: 18 million and change roughly in spending
Management-stated Chad Peters Nov 2025
What happens next
drilling through till January at Selena
Management-stated Chad Peters Nov 2025
The main open question
Rick Rule flagged dilution as troubling and questioned internal capital efficiency.
Weighed from the statements below, not our opinion of the company.
Our reading
How outsiders read it
3 independent voices on record — 1 constructive, 2 neutral, 1 cautious
Brett Marsh, Rick Rule, Brian Leni
Outside voices

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Capital needed $20 million$12 million ≠ Different basis One statement qualifies the figure and the other does not (budget) 5 statements on record
15 Jan 2025
$20 million US
“we announced a $20 million us deal with so32 at our Selena project”
25 Nov 2025
$12 million US budget across Swift and Selena projects
“next year I'm anticipating roughly a $12 million US budget across um the Swift and Selena projects”
Grade ≠ Different basis One statement qualifies the figure and the other does not (lead, silver, zinc) 5 statements on record
15 Jan 2025
7.3 grams per ton
“the average head grade is 7.3 grams per ton of those operating mines”
25 Nov 2025
up to 10 15% lead and zinc with 100 200 gram silver over 30 40 m at surface
“we have, you know, up to 10 15% lead and zinc to go along with very good silver numbers, right? 100 100 200 gram silver you know um over 30 40 m at surface”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Ridgeline Minerals's own claims across 2 interviews — most-covered theme first.

What outside voices pick up on

3 independent voices — people who do not speak for the company — across 4 mentions.

1 constructive 2 neutral 1 cautious
  • Brett Marsh “Strategic owner and project seller to Spartan; important holder because of equity and royalty exposure.”
  • Rick Rule “He says dilution is troubling and suggests internal capital efficiency is weak.”
  • Brian Leni “Chad Peters' management team identified as exemplifying attributes for success in 2025.”

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says Selena hosts CRD-style deposits with up to 27% zinc, 60g silver, and 1.5g gold per meter at depth, alongside high-grade surface grades of 10-15% lead/zinc and 100-200g silver over 30-40m.

What it rests on
Evidence: 3 moments from 2 interviews
Read the full case

Management says Selena hosts CRD-style deposits with up to 27% zinc, 60g silver, and 1.5g gold per meter at depth, alongside high-grade surface grades of 10-15% lead/zinc and 100-200g silver over 30-40m. With $20 million in partner funding from South 32 (who spent $3 billion ramping a similar asset) and zero dilution required, drilling through January and assays expected early in the year will test a 2km by 1.5km target that could generate multiple announcements within weeks.

▼ Bear case

Rick Rule flagged dilution as troubling and questioned internal capital efficiency.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

Rick Rule flagged dilution as troubling and questioned internal capital efficiency. Management claims avoid hard reserves or resources at Selena itself, instead citing South 32's precedent elsewhere; the company's 110 million shares outstanding at a $16 million market cap suggest prior shareholder value destruction. Two-plus years of drilling and assays remain ahead before any economic mine plan emerges, and no independent engineering validates the processing assumptions or metallurgical recoveries.

◆ Watch next

Hole 54 assays in early January; two additional massive sulfide horizon announcements within 3–4 weeks of that date.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Hole 54 assays in early January; two additional massive sulfide horizon announcements within 3–4 weeks of that date. Big Blue and Atlas drilling results expected late June 2025. Continued drilling through November–December 2025 will signal whether the 2km-long target holds repeatable high-grade zones or remains a scattered anomaly.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 12 statements

The deposit 9

Key takeaway. Ridgeline Minerals describes the deposit as a carbonate replacement-style (CRD) target roughly 2 km long by 1.5 km wide, according to management in November 2025.

Read the full summary

They reported grades including up to 17 meters of 6% zinc with 30–40 g/t silver, 0.1 g/t gold, 0.1% antimony and 0.1% copper; up to a meter of 27% zinc, 60 g/t silver, 1.5 g/t gold and 1.5% copper; and surface intervals of 10–15% combined lead-zinc with 100–200 g/t silver over 30–40 meters. From January 2025, the company also noted 1.1 meters of 10.4 g/t gold, 7.3 g/t gold, and three meters of 7 g/t gold, and said it aimed to make a 100% owned discovery at either Big Blue or Atlas or both in the first half of the year.

What was actually said
deposit type
CRD (carbonate replacement style deposit)
“This is a CRD or a carbonate replacement style deposit”
Chad Peters· 25 Nov 2025·
exploration upside
roughly 2 km long by a kilometer and a half wide target
“roughly 2 km long by a kilometer and a half wide target that we identified with the geohysical program in 2024”
Chad Peters· 25 Nov 2025·
grade
up to a meter of 27% zinc, 60 g silver, gram and a half gold, percent and a half copper
“we had um on the high-grade side we had up to a meter of 27% zinc, 60 g silver, gram and a half gold, percent and a half copper”
Chad Peters· 25 Nov 2025·
Show the other 6 statements
grade
up to 17 meters of 6% zinc with 30 40 gram silver, 0.1 gold 0.1 anamony, 0.1 copper
“we also had up to 17 meters of 6% zinc with uh 30 40 gram silver you know we had uh you know 0.1 gold 0.1 anamony um just a real.1 copper too”
Chad Peters· 25 Nov 2025·
grade
up to 10 15% lead and zinc with 100 200 gram silver over 30 40 m at surface
“we have, you know, up to 10 15% lead and zinc to go along with very good silver numbers, right? 100 100 200 gram silver you know um over 30 40 m at surface”
Chad Peters· 25 Nov 2025·
exploration upside
make 100% own Discovery at either big blue or Atlas or both in the first half of the year
“I want to go make 100% own Discovery um at either big blue or Atlas or both um in the first half of the year”
Chad Peters· 15 Jan 2025·
exploration upside
three meters of seven grams per ton gold
“they drilled uh three meters of seven grams per ton uh gold at black rid or at Swift”
Chad Peters· 15 Jan 2025·
grade
7.3 grams per ton
“the average head grade is 7.3 grams per ton of those operating mines”
Chad Peters· 15 Jan 2025·
grade
1.1 meters of 10.4 grams per ton
“that included one .1 meters of 10.4 grams per ton”
Chad Peters· 15 Jan 2025·

Jurisdiction 1

What was actually said
country
Nevada
“Ridgeline is a Nevada focused precious and base metal explorer”
Chad Peters· 25 Nov 2025·

Technical risk 2

Key takeaway. Management reports average recoveries ranging from 79% to 95% across all metals on the project (November 2025).

Read the full summary

Regarding technical risk, the company's key assumption is an 8-million-ounce resource and reserve (January 2025).

What was actually said
recovery rate
average recoveries are anywhere from 79 to 95% across all the metals
“the average recoveries are anywhere from 79 to 95% across all the metals”
Chad Peters· 25 Nov 2025·
key assumption
8 million ounces in resource and Reserve
“there's like 8 million ounces in resource and Reserve right now that Nevada gold mines um controls”
Chad Peters· 15 Jan 2025·

Economics 7 statements

Financing 7

Key takeaway. Regarding financing, Ridgeline Minerals' management has made conflicting statements about capital needs.

Read the full summary

In January 2025, the company mentioned a $20 million US budget and over US$60 million in deals, with a burn rate between C$12 and C$4 million. By November 2025, management said there was no need to raise money as partners are funding everything, while also citing multiple different spending figures: an $18 million and change rough total, a $12 million US budget across the Swift and Selena projects, and US$60 million in expenditures.

What was actually said
capital needed
18 million and change roughly in spending
“our partners who are funding 100% of this project for the next four years and the next uh uh $18 million and change roughly in spending”
Chad Peters· 25 Nov 2025·
capital needed
60 million US in expenditures
“three separate partnerships between Nevada Gold Mines and South 32 totaling 60 million US in expenditures”
Chad Peters· 25 Nov 2025·
capital needed
$12 million US budget across Swift and Selena projects
“next year I'm anticipating roughly a $12 million US budget across um the Swift and Selena projects”
Chad Peters· 25 Nov 2025·
Show the other 4 statements
financing status
no need to raise money, partners funding everything
“I have no need to raise money. My partners are funding everything”
Chad Peters· 25 Nov 2025·
burn rate
between 12 and 4 million Canadian
“we're going to see somewhere between 12 and4 million Canadian being spent across um those five projects”
Chad Peters· 15 Jan 2025·
capital needed
$20 million US
“we announced a $20 million us deal with so32 at our Selena project”
Chad Peters· 15 Jan 2025·
capital needed
over us $60 million in deals
“we have over us $60 million in deals across those three projects”
Chad Peters· 15 Jan 2025·

Timeline 8 statements

Timeline 8

Key takeaway. In a November 2025 update, management reported that they were drilling through till January at Selena, with assays for hole 54 expected in early January.

Read the full summary

The company noted the second hole had hit multiple massive sulfide horizons and said two more massive sulfide horizons would be announced over the next 3–4 weeks. Earlier, in January 2025, management had outlined a major drill program for 2025, with drilling to continue through probably November or December, and results from Big Blue and Atlas expected in early to late June.

What was actually said
milestone
drilling through till January at Selena
“We're going to be drilling all the way through till January at Selena”
Chad Peters· 25 Nov 2025·
milestone
second hole hit multiple massive sulfide horizons
“and the second hole hit a multiple massive sulfide at horizons”
Chad Peters· 25 Nov 2025·
milestone
two more massive sulfide horizons to announce over the next 3 4 weeks
“We still have two more massive sulfide horizons to announce uh over the next you know 3 4 weeks”
Chad Peters· 25 Nov 2025·
Show the other 5 statements
milestone
first hole assays announced
“I had some pretty savvy investors um who have been in the gold space, silver space for years go, what is this?”
Chad Peters· 25 Nov 2025·
milestone
assays for hole 54 expected in early January
“we have we have more assays for whole 54 at Selena will be coming through in early January as well”
Chad Peters· 25 Nov 2025·
milestone
major drill program in 2025
“that'll lead into I think a much bigger drill program in 2025”
Chad Peters· 15 Jan 2025·
milestone
results from Big Blue and Atlas early June late June
“we'll probably all of big blue at the same time probably drill the best section at uh Atlas first first two or three holes get those off to the lab and then we'll um drill the next two holes and we'll probably try to um put out probably two batches of assay so we should see stuff coming through I don't know early June late June”
Chad Peters· 15 Jan 2025·
milestone
drilling continue all the way till probably November December
“we're going to see drilling continue all the way till probably November December of of next year”
Chad Peters· 15 Jan 2025·

Corporate 4 statements

Management 1

What was actually said
track record
biggest budget in company history
“That's that's huge for us. Um it'll be our biggest again our biggest budget in company history”
Chad Peters· 25 Nov 2025·

Share structure 2

Key takeaway. Management of Ridgeline Minerals reports that the company's projects are 100% owned by insiders, and as of January 2025 there were about 110 million shares outstanding.

What was actually said
insider stake
100% owned projects
“our own portfolio of 100% owned projects that we also explore on the side”
Chad Peters· 25 Nov 2025·
shares outstanding
about 110 million shares outstanding
“RDG is trading at about a 16 million market cap with about 110 million shares outstanding”
Chad Peters· 15 Jan 2025·

Market 1

What was actually said
potential acquirer
South 32
“They bought it for $2 billion in 2018. They're now spending $3 billion to put that into production.”
Chad Peters· 25 Nov 2025·

Outside views 4 mentions

4 mentions by people who do not speak for the company — 1 constructive, 1 cautious, 2 neutral. These are their views, not the company's.

Brett Marsh
neutral
Strategic owner and project seller to Spartan; important holder because of equity and royalty exposure.
Resource Talks· 09 Jul 2026·
Brett Marsh
neutral
Spartan acquired the Eagle Project from Ridgeline Minerals; Marsh praises Chad (CEO) and notes Ridgeline 'set this project up to be successful.'
Crux Investor· 21 Oct 2025·
Rick Rule
bearish
He says dilution is troubling and suggests internal capital efficiency is weak.
In it to Win it· 29 Aug 2025·
Brian Leni
bullish
Chad Peters' management team identified as exemplifying attributes for success in 2025.
Investing News· 12 Mar 2025·

Sources 2 interviews

Every interview 2

DateChannelInterviewStatements
25 Nov 2025 Crux Investor Ridgeline Minerals (TSXV:RDG) - $600M Free Carry Potential on Partner-Funded CRD Discovery 19
15 Jan 2025 Resource Talks GOLD: Brand New Project in Nevada | Ridgeline Minerals CEO Interview 12

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

south32 2
nevada gold mines 2
barrick gold / fourmile 1
bell creek 1
big blue 1
black ridge 1
carlin trend 1
copper 1

Questions people ask

What is Ridgeline Minerals's project and where is it?

Ridgeline Minerals is a explorer gold company, with a project stated to be in Nevada, United States. Everything here is drawn from its executives' own interviews.

Which interviews mention Ridgeline Minerals?

We track 2 interviews mentioning Ridgeline Minerals, across 2 channels (Crux Investor, Resource Talks).

What are investors saying about Ridgeline Minerals?

4 independent voices — people who do not speak for the company — are on record discussing it (1 bullish, 2 neutral, 1 cautious). Their reasoning is quoted in the outside-view section above.

What do recent interviews with Ridgeline Minerals cover?

The most-discussed topics on record are the deposit, timeline, financing, technical risk — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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