(TheNewswire)
Toronto, ON – TheNewswire - May 13, 2021 - Golden Ridge Resources (TSXV:GLDN) (OTC:GORIF) (FSE: 44G) discusses recent drill results fromits Heritage gold project located in the underexplored Burin districtof Newfoundland.
The company recently completed a 5,200 metre drill program focused onthe Eagle zone at its Heritage project. Drilling successfully extendedmineralization at the Eagle zone to more than 2.5 kilometres in strikelength. Highlights included 7.42 metres of 4.94 g/t Au and 48.44 g/tAg (468.31 g/t AgEq).
Golden Ridge CEO Michael Blady discusses the recent success atHeritage as well as the path forward for the company:
About Golden Ridge Resources:
Golden Ridge is a TSX-V listed exploration company engaged inacquiring and advancing mineral properties located in Newfoundland andBritish Columbia. Golden Ridge is currently focused on exploration anddevelopment of its portfolio of exploration assets in Newfoundland.The Company owns a 100% interest in the 1,700-hectare Hankcopper-gold-silver-lead-zinc property and the 3,000-hectare Hickmancopper-gold property located in the Golden Triangle district,approximately 140 kilometres north of Stewart, British Columbia andhas a portfolio of exploration projects in Newfoundland.
Golden Ridge Resources Ltd.
Mike Blady
Chief Executive Officer
Tel: (250) 768-1168
Website: www.goldenridgeresources.com
Forward-Looking Statements
This news release containsforward-looking statements that involve risks and uncertainties, whichmay cause actual results to differ materially from the statementsmade. When used in this document, the words "may","would", "could", "will","intend", "plan", "anticipate","believe", "estimate", "expect" andsimilar expressions are intended to identify forward-lookingstatements. Such statements reflect our current views with respect tofuture events and are subject to risks and uncertainties. Many factorscould cause our actual results to differ materially from thestatements made, including those factors discussed in filings made byus with the Canadian securities regulatory authorities. Should one ormore of these risks and uncertainties, such as actual results ofcurrent exploration programs, the general risks associated with themining industry, the price of gold and other metals, currency andinterest rate fluctuations, increased competition and general economicand market factors, occur or should assumptions underlying the forwardlooking statements prove incorrect, actual results may vary materiallyfrom those described herein as intended, planned, anticipated, orexpected. We do not intend and do not assume any obligation to updatethese forward-looking statements, except as required by law.
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