Why Ridgeline Sold Its Carlin & Cortez Portfolio for C$32.7 Million

from Mining Stock Daily · host Trevor Hall

Ridgeline Minerals has announced a transformative C$32.7 million all-cash sale of its Carlin and Cortez Trend gold portfolio to Nevada Gold Mines, dramatically strengthening the company's balance sheet while validating its project generator strategy. CEO Chad Peters discusses why now was the right time to monetize these assets, how the proceeds will be deployed, what's next for Ridgeline's exploration pipeline, and why the company believes its South32-funded Selena discovery remains a key driver of future value.

Episode metadata supplied by the publisher feed · Published Aug 4, 2026

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Why Ridgeline Sold Its Carlin & Cortez Portfolio for C$32.7 Million

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