RDG Ridgeline Minerals Corp

Ridgemont Iron Ore Corp. (TSX VENTURE:RDG)(OTCQX:RIOOF) ("Ridgemont" or the
"Company") is pleased to announce that it has intersected significant intervals
of iron mineralization in a number of drill holes completed to date on its
wholly-owned Lac Virot Iron Project, located in the southern Labrador Trough.


"We are extremely encouraged by these early drilling results, as they appear to
confirm our original geologic interpretation of the significant iron mineral
resource potential at Lac Virot," stated Brian Penney, President and CEO of
Ridgemont. "Based on these initial results, we are currently assessing our
options with respect to accelerating the pace of our original exploration
program in order to advance the project as much as possible during this current
field season."


Highlights of the current drilling include:



----------------------------------------------------------------------------
                                                                 Mineralized
Hole                              From                 To           Interval
Number                             (m)                (m)                (m)
----------------------------------------------------------------------------
LV-004                             4.5              106.3              101.8
----------------------------------------------------------------------------
LV-011                            74.8              184.6              109.8
----------------------------------------------------------------------------
LV-012                           210.2              330.9              120.7
----------------------------------------------------------------------------



Drill plan maps are posted on the Ridgemont website at:
http://www.ridgemontiron.com/index.php/projects.


To date, Ridgemont has completed approximately 4,200 metres of the initial 5,000
metres planned for Lac Virot this season. However, acting on the strong results
acquired to date, the Company applied for, and has been granted, an Exploration
Permit from the Newfoundland and Labrador Department of Natural Resources, for
an additional 9,000 metres of drilling. To facilitate the timely execution of
this additional 9,000 metre program, a third drill rig is being mobilized to
site.


True widths of the reported intercepts above vary depending on the angle of the
individual drill holes and are estimated to be between 90% and 100% of the core
interval as reported. All samples were prepared from sawn HQ-sized half-core
sections on-site in Labrador. Split drill core samples have been sent to
independent contractor SGS Minerals Services in Lakefield, ON for analysis;
results are pending.


The reader is cautioned that visible iron mineralization does not necessarily
equate to significant concentrations of iron and there is no assurance that the
assay results of the samples from these drill holes will yield significant iron
grades.


The Lac Virot Iron Project is comprised of approximately 114 square kilometres
of map staked mineral licenses located in the southern Labrador Trough, Canada's
foremost iron ore mining region. Four major mines (Mont-Wright, Carol Lake,
Scully and Bloom Lake) are located within 20 km of the project.


Further information on the Lac Virot Project can be found in the National
Instrument (NI) 43-101 Technical Report titled "Technical Report on the Lac
Virot Iron Ore Property, Labrador West, Newfoundland & Labrador" dated March 25,
2012 and filed on SEDAR at www.sedar.com. 


About Ridgemont 

Ridgemont is a Canadian exploration company looking to acquire, explore and
develop iron ore mineral properties. Ridgemont has an option to acquire a 100%
interest in the Lac Virot Iron Project located in the southern Labrador Trough
and holds a 100% interest in the Maguse River Iron Project located in Nunavut.
Ridgemont continues to hold an option to acquire up to 75% interest in the
Redford Iron Project, comprised of 26 claims covering 10,821 hectares and
located 22 kilometres northeast of Ucluelet, in the Alberni Mining Division,
Vancouver Island, British Columbia. 


Edward Lyons, P.Geo., the VP Exploration for Ridgemont and a Qualified Person as
defined by NI 43-101, has reviewed and approved the technical information
contained in this news release. Data verification was carried out based on
visual inspection of the drill core.


RIDGEMONT IRON ORE CORP. 

On behalf of the Board

Mark J. Morabito, Executive Chairman 

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included
herein including, without limitation; statements about mineralization on the
Company's properties, expected mineral resource estimate potential, the
advancement of the Company's properties and the exploration potential of the
properties are forward-looking statements. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include, among others, the following risks: the need for additional
financing; operational risks associated with mineral exploration; fluctuations
in commodity prices; title matters; environmental liability claims and
insurance; reliance on key personnel; the potential for conflicts of interest
among certain officers, directors or promoters with certain other projects; the
absence of dividends; competition; dilution; the volatility of our common share
price and volume and the additional risks identified in the management
discussion and analysis section of our interim and most recent annual financial
statement or other reports and filings with the TSX Venture Exchange and
applicable Canadian securities regulators. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that
statements are made and Ridgemont undertakes no obligation to update
forward-looking statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable securities laws.
Investors are cautioned against attributing undue certainty to forward-looking
statements.

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