schreiber ontario

CORRECTION FROM SOURCE: Ready Set Gold Announces Appointment of Robert S. Middleton as VP Exploration

Ready Set Gold also Announces Mailing of Proxy Materials for its upcoming Annual General and Special Meeting to be held on October 12, 2021

In a news release issued under the same headline earlier today, a typographical error incorrectly stated that Ready Set Gold Corp.'s annual general and special meeting would be held on October 21, 2021. The actual date of the annual general and special meeting is October 12, 2021. The corrected release follows:

Ready Set Gold Corp. (CSE: RDY) ( FSE: 0MZ) (OTC Pink: RDYFF) ("Ready Set Gold" or the "Company") is pleased to announce today the appointment of Robert S. Middleton, P.Eng., as its Vice-President of Exploration. Mr. Middleton is a "qualified person" pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

Chief Executive Officer and Director, Christian Scovenna, commented: "Mr. Middleton's technical skills and experience are highly recognized in the global mining industry, and he is credited with being directly involved in major discoveries in Ontario (Hemlo and Bell Creek), which have similar geologic characteristics to the mineral rights held by Ready Set Gold. We are excited to have him join us, and we look forward to benefitting from his contributions as we embark on our plans to further explore the Company's 100% consolidated interest in the Northshore Gold Project, located in the western section of the Schreiber-Hemlo Greenstone Belt in Ontario, Canada."

Mr. Middleton has over 40 years of experience in the mining industry, which includes the formation of seven junior mining companies (including one which was purchased by a major). He is a pioneer in geology-geophysics, petrochemistry, petrology, remote sensing, airborne resistivity and gravity program sciences. His technical firsts include: being the first geophysicist for the Ontario Department of Mines; introducing the gravity mapping program for Ontario; completing the first airborne resistivity survey and map of the sand and gravel deposits in Whitechurch; completing the first airborne geophysical surveys and airborne geochemistry surveys in Sturgeon Lake area; and, subsequently, becoming the first to complete such surveys in other regions of the world.

Mr Middleton's mineral resource discoveries include the Bell Creek mine and the Golden Giant (Hemlo) mine, which he co-discovered. He has completed acquisition-focused economic reviews of numerous gold mines in North and Central America, and he has completed more than 25 feasibility studies. Mr. Middleton was instrumental in putting the Penhorwood Talc mine into production for Steetley Minerals Canada Ltd., and he has played important roles in putting seven other mines into production. He has extensive experience working with project stakeholders.

Mr. Middleton is the recipient of the 2008 Prospector of the Year Award (Ontario), the 2001 and 2004 Discovery of the Year Award, the Northwestern Ontario Prospectors Association (NWOPA), and the 2014 Lifetime Achievement Award, NWOPA. He is a member of the Ontario Association of Professional Engineers and the Canadian Institute of Mining and Metallurgy, and a former Member of the Association of Exploration Geochemists, the Society of Economic Geologists, the Society of Geology Applied to Ore Deposits and the Geological Association of Canada. Bob is a graduate of the Provincial Institute of Mining (Haileybury School of Mines) and Michigan Technological University (B.S. and M.S. Applied Geophysics), and he attended the University of Toronto's PhD program in Geology.

Mr. Middleton will be assisted in orienting to his new role by the Company's former Vice President of Exploration, Mr. Brad Lazich, who has been providing services to the Company in a consulting capacity, and will continue to do so during a brief transitionary period. The Company welcomes Mr. Middleton to the team, and is grateful to Mr. Lazich for his contributions to the Company.

Mailing of Proxy Materials for Upcoming AGM

The Company also announces that it has mailed and filed on SEDAR its management proxy materials for the upcoming annual general and special meeting of shareholders currently scheduled to be held on October 12, 2021 (the "AGM"), at which normal-course meeting matters will be discussed as well as matters raised in a purported dissident requisition.

The Company urges shareholders to carefully read the proxy materials for the AGM provided by the Company, and encourages shareholders to vote the GOLD Proxy or GOLD VIF enclosed within the proxy materials in favour of the election or re-election of management's nominees to the Company's board of directors, as well as in respect of the other meeting matters to be considered, as recommended by management.

Proxies in respect of the AGM must be received by the Company's transfer agent, Alliance Trust Company, in advance of the proxy voting deadline, which is October 7, 2021, at 10:00 a.m. (Vancouver time). If shareholders are in need of assistance with voting, please contact the Company's transfer agent, Alliance Trust Company, at (403) 237-6111 or toll free at 1-877-537-6111 or by email at inquiries@alliancetrust.ca.

About Ready Set Gold Corporation

Ready Set Gold Corp. is a precious metals exploration company listed on the Canadian Securities Exchange under symbol RDY and the Boerse Frankfurt Exchange as 0MZ. The Company has consolidated and now owns a 100% interest in the Northshore Gold Project, located in the Schreiber-Hemlo Greenstone Belt near Thunder Bay, Ontario which is prospective for gold and silver mineralization. The Company also owns a 100% interest in two separate claim blocks totaling 4,453 hectares known as the Hemlo Eastern Flanks Project. The Company also holds an option to acquire a 100% undivided interest in a continuous claim block totaling 1,634 hectares comprising the Emmons Peak Project located 50 km south of Dryden, Ontario that is near the Treasury Metals Goliath and Goldlund advanced gold development projects.

On Behalf of the Board of Directors,

Ready Set Gold Corp.

"Christian Scovenna"
Chief Executive Officer & Director

Email: info@readysetgoldcorp.com
CEO Direct Line: +1 (416) 453-4708

For further information please contact:
Investor Relations
Sean Kingsley - Vice President, Corporate Communications
Email: skingsley@readysetgoldcorp.com
Tel: +1 (604) 440-8474

www.readysetgoldcorp.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain certain "forward-looking information". Forward-looking information included in this news release include statements regarding the AGM and matters to be acted upon thereat. Forward-looking information is based upon the assumptions and estimates considered reasonable by management of the Company, in light of its experience and knowledge of current trends and opportunities. Forward-looking information involves known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Risks that may cause the forward looking information contained herein to be materially different from the future results, performance or achievements expressed or implied by the forward-looking information contained herein include, but are not limited to, risks that the AGM may result in a change of management, risks that the AGM may be delayed, adjourned or postponed by reason of the ongoing COVID-19 pandemic or otherwise, and other risks attendant to contested meetings of shareholders, including potentially litigation risks. As a result, readers are cautioned not to place undue reliance on any forward-looking information. Any statement containing forward looking information speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward looking information, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97306

News Provided by Newsfile via QuoteMedia

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Ready Set Gold

Ready Set Gold

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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