Toronto, ON – TheNewswire - May 13, 2021 - Golden Ridge Resources (TSXV:GLDN) (OTC:GORIF) (FSE: 44G) discusses recent drill results from its Heritage gold project located in the underexplored Burin district of Newfoundland.
The company recently completed a 5,200 metre drill program focused on the Eagle zone at its Heritage project. Drilling successfully extended mineralization at the Eagle zone to more than 2.5 kilometres in strike length. Highlights included 7.42 metres of 4.94 g/t Au and 48.44 g/t Ag (468.31 g/t AgEq).
Golden Ridge CEO Michael Blady discusses the recent success at Heritage as well as the path forward for the company:
About Golden Ridge Resources:
Golden Ridge is a TSX-V listed exploration company engaged in acquiring and advancing mineral properties located in Newfoundland and British Columbia. Golden Ridge is currently focused on exploration and development of its portfolio of exploration assets in Newfoundland. The Company owns a 100% interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property and the 3,000-hectare Hickman copper-gold property located in the Golden Triangle district, approximately 140 kilometres north of Stewart, British Columbia and has a portfolio of exploration projects in Newfoundland.
Golden Ridge Resources Ltd.
Chief Executive Officer
Tel: (250) 768-1168
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law.
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