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Ready Set Gold

CSE:RDY

Gold Exploration in the Hemlo-Schreiber Greenstone Belt

Press Releases

Overview

Ready Set Gold Corp. (CSE:RDY) is a Canadian gold exploration company that operates within mining-friendly and safe jurisdictions in Ontario. Ready Set Gold is currently pursuing high-grade gold projects within the province’s greenstone belts. Ready Set Gold’s fully owned Northshore project has a National Instrument 43-101 resource that indicates a total of 1.2 million ounces of gold. The Property is 771 contiguous hectares and comprises 229 hectares of patented claims and 542 hectares of unpatented claims. The Northshore property is located within the prolific Hemlo-Schreiber greenstone belt, approximately 5 kilometers south of the town of Schreiber, Ontario. In 2019 alone, Ontario produced 73,733 kilograms of gold.

The Northshore property is located 70 kilometers west of Barrick Gold’s (TSX:ABX,NYSE:GOLD) world-class Hemlo deposit, which has produced 21 million ounces of the precious metal. Northshore’s other neighbors include several established gold mines, such as Alamos Gold’s (TSX:AGI,NYSE:AGI) Island gold mine and Wesdome Gold Mines’ (TSX:WDO) Eagle River mine. Ready Set Gold aims to follow in the footsteps of these companies by targeting high-grade mineralization in the surrounding area.

The company owns two other projects located within major Ontario greenstone belts. Similar to the company’s Northshore property, the Hemlo Eastern Flanks and Emmons Peak projects benefit from exceptional infrastructure, abundant local services and exceptional access via provincial highways. The Hemlo Eastern Flanks property is 100-percent-owned and includes 4,456 hectares of highly prospective areas within the prolific Hemlo Gold District. The Emmons Peak property is part of a large greenstone bet that hosts more than 1 million ounces of gold deposits.

The management team at Ready Set Gold is led by seasoned mining professionals with extensive technical and capital markets expertise. Collectively, they have raised upwards of US$1 billion and delivered a number of successful exits for shareholders. Christian Scovenna, the CEO and director of Ready Set Gold, is a successful C-Suite executive with more than 13 years of capital market experience. Craig Fitchett, the senior geologist, offers more than a decade of experience in gold exploration, having held high-level positions at Wallbridge Mining (TSX:WM) and Detour Gold (TSX:DGC).

Ready Set Gold’s Company Highlights

  • Ready Set Gold is focusing on significant exploration upside at its 100 percent owned Northshore gold project
  • High-grade results at Northshore include 12.49 g/t gold over 33.2 m and 4.35 g/t over 14.6 m at the Afric Zone, highlighting the potential for resource expansion and development
  • The Northshore property is located within the Hemlo-Schreiber greenstone belt, one of the world’s most prolific greenstone belts
  • The company’s projects are hosted in the mining-friendly province of Ontario, which ranked second among all Canadian provinces in terms of mining attractiveness
  • Ready Set Gold’s pipeline of projects offers exploration upside
  • The properties are easily accessible via the Trans-Canada Highway and are directly linked through roadways, promoting access to local services
  • The company’s management team offers decades of industry experience, including an extensive track record of success
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