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03.06.25 - 14:30
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Ridgeline Minerals Sells Tungsten and Critical Metals Project to Midasco Capital Corp. (The Newswire)
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Vancouver, Canada – TheNewswire - June 3, 2025 – Ridgeline Minerals Corp. (“Ridgeline” or the “Company”) (TSX-V: RDG | OTCQB: RDGMF | FRA: 0GC0) and Midasco Capital Corp. (“Midasco”) (TSX-V: MGC-H) are pleased to announce that they have entered into an arm's length share purchase agreement dated June 2, 2025 (the “Agreement”) pursuant to which Midasco will acquire 100% of the shares in Spartan Exploration Nevada Corporation (“Spartan”), a wholly owned subsidiary of Ridgeline (the “Proposed Transaction”). Spartan holds 244 lode mineral claims located in White Pine County, Nevada which are referred to as the Eagle Property (“Eagle” or the “Property”), which were acquired via staking in 2024 (Figure 1) .
The Eagle Property is a Tungsten-Copper porphyry and skarn system which hosts one of the highest-grade past producing Tungsten districts in the United States with the Tungstonia (Figure 2) and Rees (Figure 3) mine operations producing a reported 8,352 Metric Ton ...
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