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Home > News > Ready Set Gold Reports...

Ready Set Gold Reports First Six Holes from Phase 1 Program at Northshore Confirming New Geological Model

Apr 6, 2021


Ready Set Gold Corp. has announced results of the first six drill holes from its recently completed 13-hole, 2,900 metre, Phase 1 diamond drilling program at its 100%-owned flagship Northshore Gold project, located in the Schreiber-Hemlo greenstone belt in Ontario. 

Highlights:

  • Hole RSG-21-059, drilled in the B Zone Structure, intersected gold mineralization in three separate zones: 94.25m @ 1.00 g/t, 20.45m @ 1.26 g/t and 20.00m @ 0.99 g/t. Within these intercepts were high-grade gold zones including: 2.90m @ 8.36 g/t and 1.65m @ 9.17 g/t.
  • The drill program was designed to test areas which had limited or no historical drilling with all holes intersecting significant gold mineralization.
  • Ready Set Gold has developed a new geological model for the Northshore project which has re-defined the structure and orientation of the gold zones and increased the exploration potential along strike and to depth. The Phase 1 program results to date have confirmed this new interpretation.
  • Results from the remaining 7 holes will be released when assays are available. The company expects this will be within the next 3 to 4 weeks.
  • The Northshore project remains underexplored with approximately only 5% of the area systematically evaluated. Additionally, the depth potential of the gold mineralized zones remains untested with the deepest drill intercepts at 250m. The company believes that the Northshore property shows excellent potential to depth including potential high-grade gold zones.

"The first 6 holes of our Maiden drill program at Northshore have all intersected robust gold mineralization over significant widths. The broad nature of these zones along with the evidence of higher-grade lenses are a very encouraging sign for a large gold system. These initial results not only confirm historical exploration, but they also identify new areas of high-grade mineralization and confirm our new geological model, which opens up the discovery and growth potential at Northshore," states Brad Lazich, VP Exploration.



Tags: Northern Ontario / Exploration / Gold / All Articles