# Ridgestone Commences Exploration at Its High-Grade Rebeico Copper-Gold Project in Mexico

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c

Original source: https://money.tmx.com/en/quote/RMI/news/7532882362725716/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i

Publisher: tmx

Original announcement: 2021-04-13T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ridgestone Mining Inc.

- Ticker: RMI

- Exchange: TSX

- Region: Mexico

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-09-18 19:08:37 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Ridgestone Mining Inc. has commenced a phased exploration program at its Rebeico copper-gold project in Mexico, focusing on the New Year Zone, Santa Elena, and the El Cobre mine. The program includes geological mapping, sampling, and prospecting to delineate targets for future drilling, supported by high-grade historical and recent surface intercepts.

Reasoning: The announcement outlines a new exploration phase at the Rebeico project, leveraging high-grade historical data and recent surface/drill intercepts to prioritize targets for upcoming drilling.

- Positive factor: High-grade historical and recent surface/drill results

- Positive factor: Clear phased exploration plan targeting specific zones

- Positive factor: Presence of a historical underground mine \(El Cobre\)

- Positive factor: Qualified Person sign-off provided

- Negative factor: Results are primarily surface/rock chip or historical, not new drill assays

- Negative factor: Exploration is in early stages \(mapping/sampling\)

Facts used in scoring: 9

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

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

Why it applies: The program focuses on following up on high-grade artisanal workings and a historical mine \(El Cobre\).

Evidence · text

> The exploration program will focus on following up on a number of high-grade artisanal workings documented by Mexican Government reports

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

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

Why it applies: The release includes a Qualified Person \(P.Geo\) sign-off.

Evidence · text

> Qualified Person: Mr. Noris Del Bel Belluz, P.Geo and VP Exploration, is the qualified person as defined by National Instrument 43-101

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-0)

Rebeico · copper

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 0.65
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: New Year Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Historical rock chip sampling at the New Year Zone.

- Positive factor: High-grade rock chip sample

Evidence · text

> rock chip sampling returning up to 0.65% copper

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-1)

Rebeico · gold

#### Identity

- Project: Rebeico
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 12.95
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: New Year Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Historical rock chip sampling at the New Year Zone.

- Positive factor: High-grade rock chip sample

Evidence · text

> 12.95 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-2)

Rebeico · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 1.56
- Grade Unit: %
- Intercept: 19.3 m
- From: 0 m
- To: 19.3 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: Rebeico:0-19.3

#### Location

- Location: New Year Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Recent drill program highlights at the New Year Zone.

- Positive factor: Strong intercept width and grade

Evidence · text

> 1.56% copper plus 1.8 g/t gold over 19.30 metres from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-3)

Rebeico · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Rebeico
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 19.3 m
- From: 0 m
- To: 19.3 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: Rebeico:0-19.3

#### Location

- Location: New Year Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Recent drill program highlights at the New Year Zone.

- Positive factor: Strong intercept width and grade

Evidence · text

> 1.56% copper plus 1.8 g/t gold over 19.30 metres from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-4)

Rebeico · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 0.54
- Grade Unit: %
- Intercept: 29.15 m
- From: 0 m
- To: 29.15 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: Rebeico:0-29.15

#### Location

- Location: New Year Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Recent drill program highlights at the New Year Zone.

- Positive factor: Significant width

Evidence · text

> 0.54% copper over 29.15 metres from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-5)

Rebeico · copper

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 3.77
- Grade Unit: %
- Intercept: 1.5 m

#### Classification

- Sample Type: surface

#### Location

- Location: Elena concession
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Previous rock-chip samples at Elena concession.

- Positive factor: High grade

Evidence · text

> returned assays of 3.77% copper over 1.5 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-6)

Rebeico · copper

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 3.42
- Grade Unit: %
- Intercept: 1.5 m

#### Classification

- Sample Type: surface

#### Location

- Location: Elena concession
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Previous rock-chip samples at Elena concession.

- Positive factor: High grade

Evidence · text

> 3.42% copper over 1.5 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 8

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-7)

Rebeico · copper

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 2.42
- Grade Unit: %
- Intercept: 1.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: 600m north of Elena
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Channel samples collected from outcrop north of Elena.

- Positive factor: High grade

Evidence · text

> channel samples collected from outcrop returned 2.42% copper

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

### Fact 9

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-commences-exploration-at-its-high-grade-rebeico-copper-gold-project-i--e8f26230-6250-4fa7-8178-cf8da072007c#fact-drill-facts-8)

Rebeico · copper

#### Identity

- Project: Rebeico
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: RMI

#### Geometry

- Grade: 4.35
- Grade Unit: %
- Intercept: 1.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: 600m north of Elena
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-04-13T00:00:00.000Z

Reasoning: Channel samples collected from outcrop north of Elena.

- Positive factor: High grade

Evidence · text

> and 4.35% copper over a 1.5 metre interval

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "Based on historical records, the mine was developed on three levels down to a depth of 130 metres with over 180 metres o"

## 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.
