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Ready Set Gold reports remaining holes from Northshore Project near Schreiber

May 6, 2021

Ready Set Gold Corp. has announced the remaining (7) seven 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.

  • All seven holes have intersected gold mineralization within the A, B and C zones in areas with limited historical drilling.
  • Hole RSG-21-068 – intersected 80.00 metres (m) of 1.08 grams per tonne (g/t) gold (Au) – including 11.15m @ 3.50 g/t Au hosting a higher-grade interval of 5.00m @ 7.25 g/t Au
  • Hole RSG-21-069 – intersected 86.50m of 0.89 g/t Au – including 10.5m @ 3.02 g/t Au
  • Hole RSG-21-070 – intersected 2.00m @ 27.32 g/t Au
  • Current results provide further confirmation of Ready Set Gold’s new geological model for the Northshore project which has re-defined the overall geometry and orientation of the gold zones and increased the exploration potential along strike and to depth. Phase 1 drillhole orientation has also aided in understanding the structural controls on higher-grade mineralization within each of the zones. These structural controls will be evaluated further during near term exploration field programs and used to help design the Phase 2 program.
  • Phase 1 intersected gold mineralization in all 13 drill holes and in targeted areas with low, historic drill density, or no drilling.
  • The Northshore project remains underexplored with only ~5% of the area systematically evaluated. Additionally, the depth potential of the gold mineralized zones remains untested with the deepest drill intercepts at 250-300m. The Company believes that the Northshore property shows excellent potential at depth including the potential for high-grade gold zones.

Tags: Northern Ontario / Exploration / Gold / All Articles