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Ridgestone Mining acquires Las Pilas rare earth property via option agreement

Ridgestone Mining Inc. announced it has acquired, via an Option Agreement, the Las Pilas Project in southern British Columbia, Canada, for the purpose of exploring for rare earth and other critical minerals. To acquire a 100% interest, the company must pay $20,000 and issue 200,000 common shares upon regulatory approval, with further payments, share issuances, and $600,000 in exploration expenditures over three years to exercise the option. The agreement is subject to TSX Venture Exchange acceptance for filing.