Mr. Chad Peters reports

RIDGELINE MINERALS GRANTED WATER RIGHTS PERMIT AT THE SELENA CRD PROJECT, NEVADA

Ridgeline Minerals Corp. has reached a significant permitting milestone for the Selena CRD (carbonate replacement deposit) project with the grant of an exclusive water right through the Nevada Division of Water Resources. The water right allows for the drilling of, and subsequent beneficial use of, up to 150 acre-feet annually of groundwater at Selena and will support all future exploration work outlined in the company's pending plan of operations exploration permit.

Chad Peters, Ridgeline's president, chief executive officer and a director, commented: "Receipt of the water rights permit is an important derisking milestone for Selena as we await approval of our plan of operations exploration permit, which will allow for advanced exploration up through the feasibility stage at the project. This water right will ensure consistent access to drill water year-round while also dramatically reducing our water procurement costs, which currently accounts for roughly 5 per cent of our total drill budget when purchased through third party water rights holders."

Selena CRD project

Selena is located in White Pine county, Nevada, approximately 64 kilometres north of the town of Ely in Nevada. The project shares a property boundary with the Butte Valley project, which has a $33-million (U.S.) earn-in agreement between Freeport-McMoRan and Falcon Butte Minerals. The 100-per-cent-owned Selena CRD project comprises 39 square kilometres of highly prospective exploration ground, including Ridgeline's shallow-oxide 2020 Ag-Au-plus-or-minus-Pb-Zn (silver-gold-plus-or-minus-lead-zinc) Chinchilla discovery. Subsequent drilling has continued to highlight the potential for high-grade CRD-type mineralization (Ag-Au-Pb-Zn plus or minus Cu-W (copper-tungsten)) between Chinchilla and the Butte Valley Cu-Au-Ag-Zn porphyry, located directly west of the property.

Technical information contained in this news release has been reviewed and approved by Michael T. Harp, CPG, the company's vice-president, exploration, who is Ridgeline's qualified person under National Instrument 43-101 and responsible for technical matters of this news release.

About Ridgeline Minerals Corp.

Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 192-square-kilometre exploration portfolio across five projects in Nevada. The company boasts two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects, which are being aggressively explored in 2024.

We seek Safe Harbor.