Toronto, Ontario, November 23rd, 2021 (NEWSFILE) – Ready Set Gold Corp. (“Ready Set Gold” or the “Company”) (CSE: RDY | FSE: 0MZ | USA: RDYFF) announced today that our VP Exploration, Robert (“Bob”) Middleton, P.Eng., passed away on November 19th, 2021, in Thunder Bay, Ontario at the age of 77. Our Company wishes to extend our sincere condolences to his family, friends, and his many business associates.
“We at Ready Set Gold, and our industry as a whole, have lost a giant in Bob Middleton,” said Christian Scovenna, President & CEO of RDY. “Though we only got to work with Bob on limited time his site visit to our project opened our eyes to possibilities only someone like Bob could have seen. We are all saddened by this great loss to our entire industry. Bob will be sorely missed. Many will follow in his footsteps, but few will fill his shoes.”
Robert was a highly accomplished Geologist, Geophysicist, and Professional Engineer (P.Eng.), registered in Ontario. He has more than five decades of field work, mine discoveries, and company building experience. Robert encompassed the formation of seven junior mining companies and set-up projects in 40 countries with the most recent project located in Namibia. He was credited with putting the Penhorwood Talc Mine into production for Steetley Minerals Canada Ltd. in 1977 and played a role in putting seven other mines into production. Robert’s discoveries included the Bell Creek Mine in 1979 and the Golden Giant (Hemlo) Mine in 1982, which he co-discovered with Bruce Durham. He has completed acquisition-focused economic reviews of most gold mines in North and Central America and has undertaken more than 25 feasibility studies during his career.
A pioneer in Geology-Geophysics, Petrochemistry, Petrology, remote sensing, airborne resistivity, and gravity program sciences, Robert’s technical firsts included: 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 Uxbridge and Whitchurch Twp.; completing the first airborne Geophysical surveys and airborne Geochemistry surveys in the Sturgeon Lake area; and subsequently, becoming the first to complete such surveys around the globe.
Mr. Robert “Bob” Middleton spent forty plus years devoted to the mineral exploration industry, both in Canada and around the world. His career spans the gamut of our industry. He has served as a member of government organizations involved in research to further the industry, in the service sector where he has led the development of instrumentation that has revolutionized the industry and is still in use today. He has also been prolific in private industry making discoveries both with major mining companies and more recently with the junior sector, where he has created immense value and enriched the shareholders of the companies he has served. And throughout his career he has sought to pass his knowledge and experience on to the next generation of explorers. This is most recently true in conjunction with Lakehead University in Thunder Bay, where he has mentored graduate and undergraduate students in mineral exploration.
Recognizing the Contributions of Bob Middleton to the Mineral Exploration Industry
Friends, family, colleagues, and business associates have started a plan to create a Chair in Mineral Exploration in honour of Bob Middleton and are gauging expressions of interest in financing this undertaking. This financing will offer tax benefits rarely seen in the financing of mineral exploration. The Chair will permanently sponsor ongoing research by making funds available to hire and direct research in mineral exploration.
Recent discussions with Dr. Peter Holllings, former Geology Department Head at Lakehead University has revealed that it now requires a minimum of $5M to create an endowed chair. The annual investment earnings from this endowment will fund the Chair plus 2 research assistants in addition to costs associated with their research study/studies.
To express interest in support please contact: Rob Reukl at firstname.lastname@example.org
Celebration of Life for Bob Middleton
An in-person Celebration of Life is this Thursday, November 25th at 11am EST. A virtual viewing of the service will be available on the Sargent & Son Facebook page as well as on Google (please search for Sargent & Son Funeral Home).
Address: Sargent & Son 21 North Court Street, Thunder Bay, Ontario, Canada P7A4T4
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.
Chief Executive Officer & Director
CEO Direct Line: +1 (416) 453-4708
For further information please contact:
Sean Kingsley – Vice President, Corporate Communications
Tel: +1 (604) 440-8474
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.