# Ridgestone Announces Completion of Drill Program

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ridgestone-announces-completion-of-drill-program--62ec6cc7-9347-4106-9ffd-979db20a6bda

Original source: https://money.tmx.com/en/quote/RMI/news/8894285587067507/ridgestone-announces-completion-of-drill-program

Publisher: tmx

Original announcement: 2020-06-23T13:02:30.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ridgestone Mining Inc.

- Ticker: RMI

- Exchange: TSX

- Region: Sonora, Mexico

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Other, Drill results

- Extracted: 2026-09-18 19:12:26 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Ridgestone Mining Inc. has completed a maiden diamond drilling program at the New Year Zone of its Rebeico gold-copper project in Sonora, Mexico. The program was expanded to 1,674 metres across 11 holes following visual observations of mineralization, with assay results expected in the coming weeks.

Reasoning: The announcement confirms the completion of a maiden drilling program at the New Year Zone, but since assays are still pending, the actual geological value cannot yet be assessed.

- Positive factor: Completion of maiden drill program

- Positive factor: Expansion of program from 1,500m to 1,674m due to visual mineralization

- Positive factor: QA/QC protocols mentioned \(blanks, standards\)

- Negative factor: No assay results provided in this release

Facts used in scoring: 1

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions use of blanks and certified reference material samples.

Evidence · text

> Blanks and certified reference material samples were inserted into the sample stream for Quality Assurance / Quality Control \("QA/QC"\) purposes

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located in the Sierra Madre Mineral Belt which hosts numerous significant deposits.

Evidence · text

> located in the Sierra Madre Mineral Belt which hosts numerous significant precious and base metals deposits

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
