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Ready Set Gold Releases Updated Mineral Resource Estimate for Northshore Gold Project
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2022) - Ready Set Gold Corp. (CSE: RDY) (FSE: 0MZ) (OTC PINK: RDYFF) ("Ready Set Gold" or the "Compa
About this update from Newpath Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 9, 2022) - Ready Set Gold Corp. (CSE: RDY) (FSE: 0MZ) (OTC PINK: RDYFF) (\"Ready Set Gold\" or the \"Company\") has completed an updated Mineral Resource Estimate (\"MRE\") for its 100% owned Northshore Gold Project (\"Northshore\"), located in the Schreiber-Hemlo Greenstone Belt, approximately 260 km east of Thunder Bay, Ontario. The updated MRE for Northshore was completed by APEX Geoscience Ltd. (\"APEX\") and focused on mineralization defined by historical drilling on the Afric Zone. A historical MRE for Northshore was completed by Giroux Consultants Ltd. in 2014. Since that time, an additional 66 drill holes have been completed on the Northshore Property within and adjacent to the Afric Zone. The current MRE covers the main Afric mineralization zone and utilized 157 of the 168 holes drilled at Northshore, with highlights as follows: 240,100 total inferred, pit constrained ounces of gold contained in 6,511,000 tonnes at an average grade of 1.15 grams per tonne (g/t) Au utilizing a US$1,750/oz pit shell and reported at a cut off grade of 0.40 g/t Au. The MRE assumes a recovery of 95% based on preliminary cyanide bottle roll testwork that returned >96% recovery Northshore NI 43-101 Mineral Resource Statement with an effective date of August 31, 2022 Tonnes Grade (g/t Au) Cut off Grade (g/t Au) Total Ounces Category 6,511,000 1.15 0.40 240,100 Inferred* Notes: The mineral resources have been classified according to the Canadian Institute of Mining (CIM) Definition Standards for Mineral Resources and Mineral Reserves (May, 2014) and CIM Estimation of Mineral Resources & Mineral Reserves Best Practices Guidelines (2019). Resource estimation was conducted by Mr. David Briggs, NHD, Pr.Sc.Nat., of RockRidge Partnership and Associates under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., P.Geo of APEX Geoscience Ltd. of Edmonton, Alberta with an effective date of August 31, 2022 and will be supported by a technical report to be filed within 45 days of the date of this news release. Mr. Dufresne, M.Sc., P.Geol., P.Geo. of APEX Geoscience Ltd., who is a qualified person as defined by NI 43-101, is responsible for the completion of the updated mineral resource estimation. The recommended reported inferred resources have been constrained within ...