# Ridgestone Receives Permit for Drill Program on El Cobre Copper Target at Rebeico Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ridgestone-receives-permit-for-drill-program-on-el-cobre-copper-target-at-rebeic--9ae94ecb-3a35-4194-8062-55a0686a1d02 Original source: https://money.tmx.com/en/quote/RMI/news/8995851221035803/ridgestone-receives-permit-for-drill-program-on-el-cobre-copper-target-at-rebeic Publisher: tmx Original announcement: 2021-11-18T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Ridgestone Mining Inc. - Ticker: RMI - Exchange: TSX - Region: Sonora, Mexico - Primary commodity: Copper - Secondary commodities: Gold, Silver, Molybdenum - Document categories: Drill results, Permitting, Other - Extracted: 2026-09-18 19:15:04 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Ridgestone Mining has received permits from SEMARNAT to conduct a maiden 14-hole reverse circulation \(RC\) drilling program at the El Cobre copper target within the Rebeico project in Sonora, Mexico. Surface sampling at the target returned up to 3.5% Cu, 53 g/t Ag, and 0.52% Mo. Reasoning: The company has secured regulatory approval to begin a maiden RC drilling program at the El Cobre target, supported by high-grade surface samples and historical context. - Positive factor: Permit received for maiden drill program - Positive factor: High-grade surface sampling reported - Positive factor: Historical mining evidence suggests continuity Facts used in scoring: 4 ## Classification and evidence **Permitting** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company received all requisite permits from SEMARNAT for the maiden drill program. Evidence · text > it has received all of the requisite permits for a maiden drill program on the El Cobre copper target **Exploration** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The announcement describes a maiden drill program to test the El Cobre target. Evidence · text > maiden drill program on the El Cobre copper target ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-receives-permit-for-drill-program-on-el-cobre-copper-target-at-rebeic--9ae94ecb-3a35-4194-8062-55a0686a1d02#fact-drill-facts-1) copper #### Identity - Commodity: copper - Region: mexico - Reported Region: mexico - Ticker: RMI #### Geometry - Grade: 3.5 - Grade Unit: % - Intercept: 5 m #### Classification - Sample Type: surface #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-11-18T00:00:00.000Z Reasoning: Surface grab/rock-chip samples show significant mineralization. - Positive factor: High grade surface samples Evidence · text > returned up to 3.5% copper, 53 g/t silver and 0.52 % Mo over widths of up to 5.0 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: "Ridgestone's 100%-owned Rebeico copper-gold project has high-grade copper and gold pervasive throughout the property wit" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-receives-permit-for-drill-program-on-el-cobre-copper-target-at-rebeic--9ae94ecb-3a35-4194-8062-55a0686a1d02#fact-drill-facts-2) silver #### Identity - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: RMI #### Geometry - Grade: 53 - Grade Unit: g/t - Intercept: 5 m #### Classification - Sample Type: surface #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-11-18T00:00:00.000Z Reasoning: Surface grab/rock-chip samples show significant mineralization. - Positive factor: High grade surface samples Evidence · text > returned up to 3.5% copper, 53 g/t silver and 0.52 % Mo over widths of up to 5.0 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: "Ridgestone's 100%-owned Rebeico copper-gold project has high-grade copper and gold pervasive throughout the property wit" ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-receives-permit-for-drill-program-on-el-cobre-copper-target-at-rebeic--9ae94ecb-3a35-4194-8062-55a0686a1d02#fact-drill-facts-3) molybdenum #### Identity - Commodity: molybdenum - Region: mexico - Reported Region: mexico - Ticker: RMI #### Geometry - Grade: 0.52 - Grade Unit: % - Intercept: 5 m #### Classification - Sample Type: surface #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-11-18T00:00:00.000Z Reasoning: Surface grab/rock-chip samples show significant mineralization. - Positive factor: High grade surface samples Evidence · text > returned up to 3.5% copper, 53 g/t silver and 0.52 % Mo over widths of up to 5.0 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: "Ridgestone's 100%-owned Rebeico copper-gold project has high-grade copper and gold pervasive throughout the property wit" ## 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.