2020 News

 

VANCOUVER, BC / March 4, 2020 / Ridgestone Mining Inc. (TSX.V: RMI) (OTCQB: RIGMF) ("Ridgestone Mining") 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 team at the El Sauzal gold mine (total of 1.7M oz gold produced) and in the surrounding Sierra Madre Occidental.  He continued working in Mexico for Goldcorp, following their acquisition of Glamis Gold in 2006, where he built and led the team at its Camino Rojo gold-silver deposit, which proved up an initial 1.6M oz gold in reserves and more than doubled its gold resource from 3.4M oz to 7.5M oz gold.  Steve held the position of Mexico Exploration Manager when he departed Goldcorp in 2013.

Since 2014, Mr. Weiss has been a Senior Associate Geologist with Mine Development Associates, headquartered in Reno, Nevada, and has also provided independent exploration consulting for companies with projects located in the USA and Mexico. 

Mr. Weiss is a Qualified Person under NI 43-101 and holds a Bachelor’s Degree in Geology from Colorado College and MSc. and PhD. degrees in Geological Sciences from the Mackay School of Mines at the University of Nevada, Reno.

Ridgestone CEO Jonathan George, CEO commented, “We are extremely fortunate to have someone with Steve’s extensive background, experience and credentials to provide us with invaluable technical assistance at this stage of exploration on our promising Rebeico Gold and Copper Project.  Final preparations are underway for the upcoming maiden drill program on the New Year zone, where widespread gold and copper has been outlined over a 2.2-hectare area with rock-chip samples up to 12.95 g/t gold and 0.65% copper.”

 

About Ridgestone Mining Inc.

Ridgestone is a TSX Venture Exchange-listed junior mineral exploration company with offices in Taipei and Vancouver, B.C.  The Company's focus is on precious metals and copper in Sonora, Mexico, and specifically the Rebeico Gold-Copper project.   

 

For further information, please contact:

MarketSmart Communications Inc.

Telephone: 877-261-4466

info@marketsmart.ca

 

 

This news release contains forward-looking statements or information (collectively referred to herein as "forward-looking statements").  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company.  In this news release such statements include but are not limited to any ongoing drilling programs or exploration results, or any results from the MarketSmart program.   No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.  A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including those described in the Company's regulatory filings available on www.sedar.com.  Should one or more of these risks or uncertainties materialize, or should any of the Company's assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements.   Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive.  Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements.  The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company's course of action would depend on its assessment of the future considering all information then available.  All forward-looking statements in this news release are expressly qualified in their entirety by these cautionary statements.  Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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