Mr. Chad Peters reports

RIDGELINE MINERALS RECEIVES EXPLORATION PLAN OF OPERATIONS PERMIT AT THE SELENA CRD PROJECT, NEVADA

Ridgeline Minerals Corp. has reached another significant permitting milestone for the Selena carbonate replacement deposit project with the approval of its exploration plan of operations permit. Upon posting of the required reclamation bond with the Bureau of Land Management, the permit will allow the company to complete up to 200 acres of surface disturbance, including exploration drill roads and pads, for future exploration programs at Selena.

Plan of operations highlights:

• The PoO will allow for up to 200 acres of combined surface disturbance to be conducted within the PoO boundary.
• The approved phase 1 disturbance accounts for roughly 34.0 acres of total surface disturbance:
  • Phase 1 was designed to systematically test the known mineralized CRD corridor between the Butte Valley porphyry (Freeport-McMoRan) and Ridgeline's outcropping Chinchilla oxide discovery:
    • High-priority targets include the Skarn and Chinchilla sulphide targets.
• The company will provide an annual work plan to the BLM, where it will have the opportunity to revise the phase 1 road and drill pad locations as needed, to support future phases of exploration:
  • Additional disturbance requirements outside of the 34.0-acre Phase 1 footprint will require additional baseline surveys and reclamation bonding to support the permit.

Michael Harp, Ridgeline's vice-president, exploration, commented: "The approval of our plan of operations is a significant permitting milestone for Selena, and we sincerely appreciate the support of the BLM and local permitting agencies who helped make this happen. The Chinchilla sulphide and Skarn targets continue to be the company's highest-priority exploration targets with two 2022 scout drill holes at the Chinchilla sulphide target intersecting robust CRD mineralization over two kilometres downdip of the outcropping Chinchilla oxide discovery. We can now begin planning the next phase of exploration at Selena, which will be aggressively explored at depth and along strike towards Freeport-McMoRan's Butte Valley porphyry project adjacent to our western claim boundary."

Selena project

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

The 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 as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Ridgeline Minerals Corp.

Ridgeline 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, United States. The company retains a highly prospective and 100-per-cent-owned exploration portfolio consisting of the Selena and Big Blue projects, as well as two earn-in exploration agreements with Nevada Gold Mines at the Swift and Black Ridge gold projects.

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