{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Ridgeline Minerals (TSXV:RDG) - Leveraging Major Partner-Funded Exploration Projects in Nevada","html":"","width":"100%","height":180,"duration":1552,"description":"Interview with Chad Peters, President & CEO of Ridgeline Minerals Corp.Our previous interview: https://www.cruxinvestor.com/posts/ridgeline-minerals-tsxvrdg-40m-exploration-budget-for-25-free-carry-3880Recording date: 20th August 2024Ridgeline Minerals (TSXV:RDG) is emerging as a notable player in the precious and base metal exploration sector, focusing on projects in Nevada, USA. The company's innovative approach to mineral exploration and development, centered on strategic partnerships with major mining companies, offers investors a unique opportunity in the junior mining space.Recently, Ridgeline announced a significant deal with South32 for its Selena project, adding to existing partnerships with Nevada Gold Mines (a joint venture between Barrick and Newmont) for its Swift and Black Ridge projects. These deals collectively represent $60 million in partner-funded exploration across three projects, a substantial sum for a junior explorer.The South32 deal for the Selena project exemplifies Ridgeline's partnership strategy. South32 can earn up to an 80% stake in the project by investing $20 million USD, with the deal structured to potentially provide Ridgeline with a free carried interest to production. This structure allows Ridgeline to maintain a meaningful interest in the project without the burden of funding its development.Chad Peters, President, CEO, and Director of Ridgeline Minerals, emphasizes the significance of these partnerships: \"We now have $60 million in deals across three projects... You're seeing 40 million being spent with the NGM deal, 20 million potentially being spent with South32.\"While leveraging partnerships for some projects, Ridgeline maintains 100% ownership of its Big Blue project, a porphyry copper play in Nevada. This balanced approach allows the company to benefit from partner-funded exploration while retaining full control and upside potential on select assets.Financially, Ridgeline's partnership model allows for significant...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}