Ridgestone Secures Mill Ahead of Bulk Sample at Rebeico

Original announcement by tmx on

Company
Ridgestone Mining Inc.
Ticker
RMI
Exchange
TSX
Region
Sonora, Mexico
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Drill results, Agreement transaction, Metallurgy
Extracted
2026-09-18 19:17:39 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Ridgestone Mining has secured a toll milling agreement with the Real Viejo flotation mill to process bulk samples from historical dumps at the Rebeico project. The company also plans to rehabilitate historical underground workings to facilitate further mapping and sampling of the high-grade Alaska vein.

Reasoning: The announcement of a toll milling agreement and plans for bulk sampling represents a de-risking step toward metallurgical validation and potential production, though it is not a new discovery.

Positive factors

  • Secured toll milling agreement for bulk sampling
  • Proximity to mill (~40km)
  • High-grade historical material identified for processing

Facts used in scoring: 8

Classification and evidence

agreement_transactionpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Company entered into a toll milling agreement with EDDSA for the Real Viejo mill.

Evidence · text

“entered into a toll milling agreement with a nearby mill to process bulk samples”

metallurgyneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The agreement and bulk sampling are intended to provide metallurgical response information.

Evidence · text

“Processing of the bulk samples will provide metallurgical response information”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (6)

18REB10Rebeico · goldGrade: 36.1Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB10
Project
Rebeico
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
36.1
Grade Unit
g/t
Intercept
1.5 m
From
103.64 m
To
105.14 m
Intercept Depth
103.64 m

Classification

Sample Type
drill
Group ID
18REB10:103.64-105.14

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-17T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: This is a historical reference to an intercept from 2018, not new assay results.

Positive factors

  • High grade intercept

Evidence · text

“Hole 18REB10... returned 36.10g Au/t and 1.22% Cu over 1.5 meters from 103.64 to 105.14 meters”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

18REB10Rebeico · copperGrade: 1.22Grade Unit: %Intercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB10
Project
Rebeico
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
1.22
Grade Unit
%
Intercept
1.5 m
From
103.64 m
To
105.14 m
Intercept Depth
103.64 m

Classification

Sample Type
drill
Group ID
18REB10:103.64-105.14

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-17T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: This is a historical reference to an intercept from 2018, not new assay results.

Positive factors

  • High grade intercept

Evidence · text

“Hole 18REB10... returned 36.10g Au/t and 1.22% Cu over 1.5 meters from 103.64 to 105.14 meters”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

18REB6Rebeico · goldGrade: 8.31Grade Unit: g/tIntercept: 3.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB6
Project
Rebeico
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
8.31
Grade Unit
g/t
Intercept
3.25 m
From
84.9 m
To
88.2 m
Intercept Depth
84.9 m

Classification

Sample Type
drill
Group ID
18REB6:84.9-88.2

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: Historical reference to 2018 drilling.

Positive factors

  • Solid grade intercept

Evidence · text

“drilling in 2018 by the Company intersected 8.31g Au/t and 2.41% Cu over 3.25 meters from 84.9 to 88.2 meters in hole 18REB6”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

18REB6Rebeico · copperGrade: 2.41Grade Unit: %Intercept: 3.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB6
Project
Rebeico
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
2.41
Grade Unit
%
Intercept
3.25 m
From
84.9 m
To
88.2 m
Intercept Depth
84.9 m

Classification

Sample Type
drill
Group ID
18REB6:84.9-88.2

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: Historical reference to 2018 drilling.

Positive factors

  • Solid grade intercept

Evidence · text

“drilling in 2018 by the Company intersected 8.31g Au/t and 2.41% Cu over 3.25 meters from 84.9 to 88.2 meters in hole 18REB6”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

18REB2Rebeico · goldGrade: 8.69Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB2
Project
Rebeico
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
8.69
Grade Unit
g/t
Intercept
2 m
From
127 m
To
129 m
Intercept Depth
127 m

Classification

Sample Type
drill
Group ID
18REB2:127-129

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: Historical reference to 2018 drilling.

Positive factors

  • Good grade intercept

Evidence · text

“Hole 18REB2... returned assays of 8.69g Au/t and 2.78% Cu over 2 meters from 127 to 129 meters”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

18REB2Rebeico · copperGrade: 2.78Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18REB2
Project
Rebeico
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
RMI

Geometry

Grade
2.78
Grade Unit
%
Intercept
2 m
From
127 m
To
129 m
Intercept Depth
127 m

Classification

Sample Type
drill
Group ID
18REB2:127-129

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: Historical reference to 2018 drilling.

Positive factors

  • Good grade intercept

Evidence · text

“Hole 18REB2... returned assays of 8.69g Au/t and 2.78% Cu over 2 meters from 127 to 129 meters”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Metallurgical Results (1)

Fact 1RebeicoView all details
Link to this fact

Identity

Project
Rebeico
Region
mexico
Reported Region
Sonora, Mexico
Ticker
RMI

Test Work

Sample
historical surface waste-rock dumps of material previously extracted from the Alaska vein

Review

Needs Review
No
Historical
No

Dates

Event date
2020-07-27T00:00:00.000Z

Reasoning: Bulk sampling is a standard method to obtain metallurgical data for oxide/transitional zones.

Positive factors

  • Aims to evaluate oxide and transitional material

Evidence · text

“planning to process one or more bulk samples from historical surface waste-rock dumps”

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.