Ready Set Gold reports remaining holes from Northshore Project near Schreiber
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.
Highlights:
- 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
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