Ridgestone Mining Inc.
RIGMF
Other OTC0.20
USD
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Ridgestone Mining Inc.
RIGMF
(Other OTC)
Recent
price
0.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.- Similar Companies
- Business
- Ridgestone Mining Inc. engages in the identification, acquisition, exploration and development of mineral projects focused on precious metals and copper in Mexico. The company holds a 100% interest in the Rebeico copper-gold project comprising 16 concessions totaling 3,459 hectares in central Sonora, which features high-grade gold-copper-silver Alaska vein mineralization confirmed by a 2018 diamond drill program yielding intercepts such as 36.10 g/t gold and 1.22% copper over 1.53 metres, the New Year Zone with widespread surface gold-copper anomalies, and the past-producing El Cobre copper mine; it also maintains an option agreement with Endeavour Silver Corp. to acquire a 100% interest in the Guadalupe y Calvo gold-silver project in Chihuahua's Sierra Madre belt, hosting a historical NI 43-101 gold-equivalent resource of 356,000 ounces Indicated and 460,000 ounces Inferred. Operations target junior exploration in Mexico's prolific mining districts, with activities including geologic mapping, rock sampling, ground geophysics and reverse circulation drilling. Founded in 2017 and headquartered at 905 West Pender Street, Suite 503, Vancouver, British Columbia, Canada V6C 1L6, the company trades on the TSX Venture Exchange under RMI, OTCQB under RIGMF and Frankfurt under 4U5. In August 2022, Ridgestone amended its Guadalupe y Calvo option agreement with Endeavour Silver to extend Year 2 cash, share and work commitments to March 1, 2024, Year 3 to March 1, 2025 and Year 4 to March 1, 2026 while keeping total obligations unchanged, providing added financial flexibility amid market conditions; the company also appointed Brian Goss as Interim CEO and proposed a share consolidation of up to 20:1 subject to shareholder approval.
Lithium Corporation Signs Option Agreement on Rare Earth Prospect in British Columbia
Ridgestone Assays up to 3.5% Copper at El Cobre Drill Target on Wholly-Owned Rebeico Project
Ridgestone Files Guadalupe y Calvo Technical Report on SEDAR
Ridgestone unveils maiden resources for Guadalupe y Calvo
RETRANSMISSION: Ridgestone Releases Maiden Mineral Resource Estimate at Guadalupe y Calvo, Mexico
Ridgestone Releases Maiden Mineral Resource Estimate at Guadalupe y Calvo, Mexico
Ridgestone Commences Exploration at Its High-Grade Rebeico Copper-Gold Project in Mexico
Ridgestone Mining Announces Strategic Appointment of Noris Del Bel Belluz as Vice President of Exploration