Ready Set Gold Corp. (CSE: RDY) has completed an updated Mineral Resource Estimate (MRE) for its 100% owned Northshore Gold Project, approximately 260 km east of Thunder Bay, Ontario.
The updated MRE for Northshore was completed by APEX Geoscience Ltd. (APEX) and focused on mineralisation 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 mineralisation zone and utilised 157 of the 168 holes drilled at Northshore, with highlights as follows:
- 240,100 total inferred, pit constrained ounces of gold contained in 6,511,000tonnes at an average grade of 1.15 grams per tonne (g/t) Au utilising 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 |
For further information please visit: http://www.readysetgoldcorp.com/
