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Ridgestone Mining Inc
Symbol C : RMI
Shares Issued 23,137,347
Close 2018-08-21 C$ 0.25
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Ridgestone Mining starts drilling at Rebeico

2018-08-28 10:57 ET - News Release

Mr. Ron Birch reports


Ridgestone Mining Inc. has started drilling at its Rebeico gold-copper project located in Sonora, Mexico.

The program is designed to test for gold and copper mineralization below historical workings along the Alaska vein, which has a strike length of over one kilometre and is open at depth.

Diamond drilling will comprise 12 HQ diameter holes totalling approximately 1,400 metres, and is being conducted by Layne Drilling of Mexico, under the supervision of YQ Gold de Mexico, the project operator.

About the Rebeico gold-copper project

The Rebeico gold-copper project is located approximately 115 kilometres east of Hermosillo, Sonora, Mexico, in the famed Sierra Madre gold belt estimated to have reportedly produced more than 80 million ounces of gold and over 4.5 billion ounces of silver.

Ridgestone has an option to earn a 100-per-cent interest in the Rebeico gold-copper project (subject to a 2-per-cent net smelter return (NSR)) from YQ Gold de Mexico S. de R.L. de C.V. (a private Mexican company), as further described in the company's June 11, 2018, news release.

The Rebeico gold-copper project's mineral concessions cover approximately 167 hectares located on private land and are easily accessed by paved highway and all-weather gravel roads.

The Rebeico gold-copper project has had intermittent historical production since the 1930s, with most of the efforts concentrated on the one-kilometre-long Alaska vein, where extensive underground workings reached depths of up to 70 metres.

Sampling by YQ geologists and others demonstrates that portions of the Alaska vein and some outcrops of a breccia zone west of the vein are mineralized with gold, silver and copper at concentrations that justify extensive exploration work, including drilling.

Additional information on the Rebeico gold-copper project can be found in the National Instrument 43-101 technical report entitled, "Technical Report on the Rebeico Gold-Copper Project, Central Sonora, Mexico," by Steven I. Weiss, Phd, CPG, of Mine Development Associates, dated April 25, 2018, which has been filed on SEDAR.

Technical aspects of this news release have been reviewed and approved by Derrick Strickland, PGeo, a qualified person under NI 43-101.

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.

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