Mr. Chad Peters reports

RIDGELINE MINERALS ANNOUNCES DRILL RESULTS AND PROVIDES PERMITTING UPDATES AT THE SWIFT PROJECT, NEVADA

Ridgeline Minerals Corp. has released the final assay results for core hole SW25-008, at the Swift gold project, currently being operated under an exploration earn-in agreement with Nevada Gold Mines (NGM).

Drill hole SW25-008 was the first of two deep core holes completed in the 2025 program and was drilled to a total depth of 1,249.7 metres (m). Hole SW25-008 intersected 115 combined metres of 0.2 to 1.5 grams per tonne (g/t) gold (Au) gold, including a highlight intercept of 5.8 m grading 1.5 g/t Au within 33.7 m grading 0.5 g/t Au starting at 1,059 m downhole. The hole was drilled approximately 500 m to the southeast and along strike of hole SW24-006, which returned the highest-grade intercept in project history, including 1.1 m grading 10.4 g/t Au within 2.7 m grading 7.0 g/t Au starting at 676.3 m downhole.

Chad Peters, Ridgeline's president, chief executive officer and director, commented: "NGM continues to vector into the core of the gold system at SW Swift. Today's results expand the multikilometre gold footprint and demonstrate the impressive scale of the target, which is hosted in the same rocks and directly on trend of multiple mines in the Cortez district. Hole 8 has returned a 115-metre-thick consolidated gold zone ranging from 0.2 to 1.5 g/t gold and represents one of the best gram-metre intercepts drilled on the property to date. With two RC precollars drilled last fall and ready for core tails, we anticipate a quick start to the drill program this spring to support the largest NGM exploration budget in the project's history."

Mr. Peters continues: "The recent approval of the Swift plan of operations permit is a significant permitting milestone for the project that will support advanced exploration at the project with up to 200 acres of available exploration disturbance. Furthermore, the new permit will allow the NGM team to optimize drill hole locations to more aggressively target the proposed high-grade gold corridor at SW Swift in 2026."

NGM has incurred a total of $14,482,000 (U.S.) in phase I qualifying work expenditures through Dec. 31, 2025, and will spend an additional $5,518,000 (U.S.) at the project through Dec. 31, 2026, for a total of $20-million (U.S.). NGM will earn an initial 60-per-cent interest in the project upon completion of phase 1 of the earn-in agreement.

SW25-008 highlights

SW25-008 was designed to test along strike of high-grade gold intersected in SW24-006 at the projected intersection of a north-south-trending fault corridor with the southwest projection of the Mill Creek thrust fault:

• The Mill Creek thrust has now been intersected in multiple drill holes at Swift and is interpreted as a significant structural control and conduit for gold mineralization.
• Drilling has intersected an 114.6 thick consolidated gold zone (more than 0.2 g/t Au) starting at 779 m downhole with highlight intercepts, including:
  • 39.3 m grading 0.2 g/t Au, 15.5 m grading 0.2 g/t Au and 6.3 m grading 0.4 g/t Au;
  • 33.7 m grading 0.5 g/t Au, including 5.8 m grading 1.5 g/t Au.

Plan of operations exploration permit:

• NGM received approval in late 2025 for a 200-acre plan of operation (PoO) exploration permit.
• The increased surface disturbance limits will allow the NGM team to optimize drill hole locations across the project to aggressively target the proposed high-grade gold corridor at SW Swift in 2026.

2025 exploration budget:

• NGM has approved a 2025 exploration budget totalling $5,518,000 (U.S.) to satisfy the phase 1 earn-in requirements and drill up to five deep core holes at Swift:
  • Drilling will continue testing downdip and along strike of the known mineralized corridor at Southwest Swift to vector toward the interpreted core of a higher-grade gold zone.
• Drilling is expected to begin as early as late Q1 (first quarter) with start dates dependent on weather dependent site accessibility.

Swift earn-in terms

NGM retains the right to earn an initial 60-per-cent interest in the Swift project (see Sept. 22, 2021, news release) over an initial five-year term by incurring a minimum of $20.0-million (U.S.) in qualifying work expenditures. NGM retains the option to increase its interest up to 70 per cent by incurring an additional $10.0-million (U.S.) in qualifying work expenditures before Dec. 31, 2029. Within 90 days of a joint venture decision to proceed with development and construction of a mine and/or related processing facilities on Swift, NGM will have a one-time option to elect to provide, or arrange for third party, financing of Ridgeline's portion of debt financing required for the development in consideration, in either case, for an additional 5-per-cent interest in the project for a total of 75 per cent (or 65 per cent if the second option was not exercised).

QA/QC (quality assurance/quality control) procedures

Samples are submitted to ALS Minerals, Elko, Nev., or MSA Labs, Carlin, Nev., which are certified and accredited laboratories, independent of Nevada Gold Mines. HQ and NQ core samples are split in one-half at NGM facilities with one one-half bagged and sent for shipment to the laboratory. Samples are prepared using industry-standard prep methods and analyzed using Au-AA23 (Au; 30-gram (g) fire assay) and ME-MS61 (48-element suite; 0.25 g four-acid digestion/ICP-MS (inductively coupled plasma mass spectrometry)) methods at ALS. MSA analyses utilizes a photon assay (Au-Ag, 500 g) method with a 48-element suite (0.25 g four-acid digestion/ICP-MS). Both laboratories undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Independent check samples are sent to either Bureau Veritas or MSA Labs. Nevada Gold Mines QA/QC program includes regular insertion of CRM (certified reference material) standards, duplicates and blanks into the sample stream with a stringent review of all results completed internally by Nevada Gold Mines technical personnel.

Technical information contained in this news release has been prepared under the supervision of, and approved by, Michael T. Harp, CPG, the company's vice-president, exploration. Mr. Harp is a qualified person under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Ridgeline Minerals Corp.

Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200-square-kilometre exploration portfolio across seven projects in Nevada. The company is a hybrid explorer with a mix of 100-per-cent-owned exploration assets (Big Blue, Atlas, Bell Creek and Coyote), as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects, and a third earn-in with South32 at its Selena project.

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