Christian Scovenna’s Ready Set Gold Corp. (CSE: RDY) (FSE: 0MZ) announced an update on its ongoing drilling program at the North Shore Gold Project located in the Hemlo-Schreiber Greenstone Belt near the town of Schreiber, Ontario.
The 3,000m, Phase 1 diamond drill program announced on January 26, 2021 is approaching the 50% mark and is proceeding as planned. Core logging and sampling is ongoing and samples from five holes have been sent to SGS Laboratories in Sudbury for analysis.
Samples for quality assurance and control contained certified reference materials and blanks. Broad and multiple-occurrence intervals of pervasive deformation / alteration causing pyritic mineralization in stock, brecciated, and fracture controlled quartz-carbonate-veined systems in felsic intrusive and volcanic units, similar to the gold mineralized zones used by previous operators along strike, were intersected were drilled to the east and west.Â
The company expects its first test results in the next two to three weeks. While drilling is in progress, the Company is actively reinterpreting and re-modeling the mineralized zones.Â
Drilling to date has been focused on key areas of low or no drilling density in the Afric Gold Zone, which has potential for higher grade gold mineralization. Here, the drill holes are aligned so that the structural / geological controls of the gold mineralization can be better understood.
The drilling data will be added to the Company’s database, which already contains information on over 200 diamond drill holes (approximately 40,000m core), 500m trench mapping and sampling, geological / structural mapping and sampling, and soil and air geophysics. This information enables Ready Set to have more confidence in its geological model and to plan additional drilling programs.
Peter M. Dimmell, P.Geo (ON, NL), technical advisor to Ready Set Gold Corp and Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the scientific and technical contents of this press release .
About Ready Set Gold Corporation
Ready Set Gold is a precious metals exploration company listed on the Canadian Securities Exchange under symbol RDY and on the Boerse Frankfurt in Europe as 0MZ. The Company has consolidated and now owns a 100-per-cent interest in the Northshore gold property located in the Schreiber-Hemlo greenstone belt near Thunder Bay, Ontario. For further information on the property please see the technical report on the Northshore gold property, Thunder Bay mining division, Priske township, Ontario, Canada, prepared for Ready Set Gold dated Nov. 20, 2020, with an effective date of July 10, 2020, and is available in the company profile at www.sedar.com.
The Company also owns a 100-per-cent interest in two separate claim blocks totalling 4,453 hectares known as the Hemlo Eastern Flanks project and holds an option to acquire a 100-per-cent undivided interest in a continuous claim block totalling 1,634 hectares comprising the Emmons Peak project, located 50 kilometres south of Dryden, Ontario, near the Treasury Metals Goliath and Goldlund advanced gold development projects.
Additional information on Ready Set Gold Corp. is available at www.readysetgoldcorp.com or contact Sean Kingsley – VP Corporate Communications at Tel: +1 (604) 440-8474 or Email: [email protected]
