Mr. Brian Goss reports

RIDGESTONE ACQUIRES LAS PILAS RARE EARTH PROPERTY

Ridgestone Mining Inc. has acquired by option agreement Las Pilas project in Southern British Columbia, Canada, for the purpose of exploring for rare earth and other critical minerals.

Las Pilas property option agreement

To acquire a 100-per-cent interest in the project, the company must pay $20,000 and issue 200,000 common shares to the owners at a deemed price of 10.5 cents per share upon regulatory approval. The shares will be subject to a four-month-and-one-day hold period from issuance. To exercise the option, the company must pay an additional $300,000, issue an additional 300,000 shares and incur a minimum of $600,000 in exploration expenditures on the property over three years. The option is subject to a 2-per-cent net smelter return interest in favour of the owners. The company may purchase half of the 2-per-cent NSR royalty for a one-time payment of $1-million. The agreement is subject to TSX Venture Exchange acceptance for filing.

About Las Pilas property

Las Pilas Project consists of two mineral claims totalling 1,202.02 hectares and an additional seven mineral title applications covering an additional 4,236.81 hectares. The project is located in the Greenwood-Grand Forks area of south-central British Columbia within the historical Greenwood mining district. The project encompasses the Rock Candy Creek fluorite occurrence and adjacent structurally permissive terrain. The historically mined fluorite occurrence associated with Las Pilas project is hosted along a fault structure that trends through the Rock Candy Creek area and extends northward toward Kennedy Creek and Fluorine Lake. While the historical mine workings are not located directly within the active Rock Candy Creek drainage, they are developed on the same fault system, which is locally offset and variably expressed along strike. Las Pilas project captures this structural corridor and adjacent lithologic units considered permissive for hydrothermal mineralization related to Eocene extension and magmatism.

Rock Candy Creek/Fluorine Lake fault system represents a historically mined fluorite occurrence where small-scale operations exploited high-grade mineralization from structurally controlled veins and breccias. Historical production confirms the presence of an effective hydrothermal system.

We seek Safe Harbor.