Toronto, Ontario--(Newsfile Corp. - February 16, 2021) - Ready Set Gold Corp. (CSE: RDY) (FSE: 0MZ) ("Ready Set Gold" or the "Company") is pleased to announce the appointment of Mr. Brad Lazich, P.Geo., as its new Vice President of Exploration.
Prior to joining Ready Set Gold, Mr. Lazich was a Senior Project Geologist with Glencore Plc. where he was recently recognized for leading a team that made a significant, 30 million tonne high-grade Cu-Ni-PGE discovery in the Sudbury nickel camp. Brad has also served as a Project Geologist for Vale Canada Ltd. and as an Exploration Geologist for Teck Resources Ltd. where he has worked across North America in multiple commodities and has been involved with several significant mineral discoveries. Brad brings a modern, discovery-driven, and systematic approach to the exploration efforts at Ready Set Gold that fits well with the Company's strong portfolio of projects.
"Brad is a senior geologist who brings a wealth of experience, having held progressively senior exploration roles with three major mining companies during his 13 year career as an exploration geologist. Having Brad accept the position of Vice President of Exploration with us is a strong vote of confidence for the Northshore Project and our team welcomes his expertise. Brad has spent a significant amount of time familiarizing himself with the Northshore project and has developed a geological model that will be used to guide the Company's exploration efforts going forward. The new model was developed to help identify the gold-bearing structures and their geology so that future drilling is focused on expanding the known deposit while also focusing on high-grade gold-bearing structures. His demonstrated leadership, detailed understanding of the project, dynamic and innovative thinking, will assist Ready Set Gold's efforts to rapidly advance the project as he leads our exploration team going forward," says Christian Scovenna, CEO/Director of Ready Set Gold.
"I am very happy to join Ready Set Gold as Vice President of Exploration at such an exciting time! After reviewing the available data, I strongly believe that the Northshore gold project has significant upside potential for investors as do the Company's other earlier stage exploration projects, Hemlo Eastern Flanks and Emmons Peak. I am excited to work with the Ready Set Gold team and define the significant discovery and upside potential for each project," says Mr. Lazich, Vice President of Exploration for Ready Set Gold.
Brad holds a Bachelor of Science in Geology from Laurentian University and is registered as a Professional Geoscientist (P.Geo.) with Professional Geoscientists Ontario (PGO). Mr. Lazich will also act as Ready Set Gold's QP.
The Board of Directors of Ready Set Gold will grant Mr. Lazich a total of 275,000 incentive stock options which will be exercisable for a period of 5 years at a price of $0.60 per share. The options will be vested in increments of 25% of the total grant, each 3 months after the initial issue date of February 16th, 2021.
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 Borse Frankfurt Exchange as 0MZ. The Company has consolidated and now owns a 100% interest in the Northshore Gold Property, located in the prolific Schreiber-Hemlo Greenstone Belt near Thunder Bay, 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 Corporation
"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
Tel: +1 (604) 440-8474
Email: skingsley@readysetgoldcorp.com
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.
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements" within the meaning of Canadian Securities laws, including that the Company anticipates its first assay results from the Phase 1 drill program in the next two to three weeks and the expectation that information from the Phase 1 drill program will allow Ready Set Gold to gain more confidence in its geological model and to design additional drill programs. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Ready Set Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements are based on certain material assumptions and analyses made by the Company and the opinions and estimates of management as of the date of this press release including that the Company will complete the Phase 1 drilling program and on the timeline as anticipated by management and that information from the Phase 1 drill program will allow Ready Set Gold to gain more confidence in its geological model and to design additional drill programs. Although Ready Set Gold believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Ready Set Gold to implement its business strategies; competition; the Company will not complete the Phase 1 drilling program on the timeline as anticipated by management or at all and therefore the Company will not gain more confidence in its geological model and will be unable to design additional drill programs and other assumptions, risks and uncertainties.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that is incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
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