Ridgeline Minerals Corp. updated on 2024 exploration programs for the Swift and Black Ridge (formerly Carlin-East) projects being operated under separate exploration earn- in agreements with Nevada Gold Mines ("NGM"). The Company is happy to announce that a combined total of $7.5 million in qualifying work expenditures has been spent across both projects through December 31, 2023.

The company anticipates an additional $5.2 million to be spent by NGM across both projects in 2024, the bulk of which will be directed towards follow-up drilling at Swift, followed by data collection and target generation at Black Ridge. See below for additional details on NGM's 2024 exploration programs. Swift Project: NGM has proposed a 2024 exploration budget of up to $5.0 million to fund the next phase of framework drilling at Swift. 2024 drill planning is in progress with a total of 3-5 deep core holes anticipated in second quarter - fourth quarter, with start times dependent on the approval of ongoing permitting initiatives with the Bureau of Land Management ("BLM") Priority targets include: Follow-up drilling in the vicinity of 2022 drilling, which returned thick intercepts of gold including 48.8m grading 0.45 grams per tonne ("g/t") gold ("Au"), 0.98 g/t Ag in SW22-003 and 51.1m grading 0.19 g/t Au in SW22-002, and Follow-up drilling at the Mill Creek structural corridor, which includes both SW23-005 (abandoned) and historical drillhole MCK-99-5A, which returned a highlight intercept of 18.3m grading 0.64 g/t Au including 3.0m grading 2.10 g/t Au NGM's 2023 drilling did not test the intended Mill Creek target with drill hole SW23-005 unable to test the intended Lower Plate target as a result of difficult drilling conditions forcing NGM to abandon the hole at a depth of 1,041 m NGM has incurred a total of $7,226,660 in qualifying work expenditures on the project through December 31, 2023.