Ridgeline Minerals (TSE:RDG) has released an update.
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Ridgeline Minerals Corp. has achieved a significant step forward for its Selena CRD project in Nevada by securing an exclusive water right, facilitating year-round drilling and reducing costs. This permit enables the use of up to 150 acre-feets of groundwater annually, which is pivotal for the project’s upcoming exploration activities. The company anticipates that this development will lower water procurement expenses, which currently make up 5% of the drilling budget.
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