reports
GoldON Commences Follow-up Fieldwork at West Madsen Project in the Hea...
Fieldwork is designed to generate follow up drill targetsVictoria, British Columbia--(Newsfile Corp. - September 22, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce the start of follow-up fieldwork on its 100% owned West Madsen gold project adjoining the new Pure Gold Red Lake Mine. The 2020-2021 drill program returned consistently anomalous gold values and highly prospective geology. The contact that separates the Balmer and Confederation assemblages has been confidently identified within an 8-kilometre corridor of disrupted regional magnetics that...
GoldON Acquires a 100% Interest in Great Bear's West Madsen Gold Prope...
The Project is located in the heart of the Red Lake Gold Camp and adjoins Canada's newest high-grade gold mineVictoria, British Columbia--(Newsfile Corp. - September 15, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has elected to accelerate the option agreement with Great Bear Resources Ltd. (see news release of ) and has acquired a 100% interest in the original Block A and B portions (see Figure 1) of the West Madsen Gold Project (the "Project"). Figure 1: Original West Madsen Blocks A and B optioned from Great Bear Resources (click to enlarg...
GoldON Receives Geological and Structural Study on the Red Lake North ...
Property is structurally conducive for gold mineralization with a deep-seated first order shear that appears to have a network of second order structuresVictoria, British Columbia--(Newsfile Corp. - July 14, 2021) - GoldON Resources Ltd. (TSXV: GLD) (FSE: 6NR2) (OTC Pink: NCMBF) ("GoldON" or the "Company") is pleased to provide an overview of the geological data compilation and reinterpretation study completed by Orix Geoscience on its Red Lake North gold property (the "Property"). Acquired in February 2021, the 3,347-hectare Property is located in the Red Lake Mining District approximately 65...
GoldON Commences Fieldwork on McInnes Lake Property North of Ontario's...
Completion of historical data compilation and geological assessment will aid in ground-truthing initial areas of merit on the district-scale propertyVictoria, British Columbia--(Newsfile Corp. - June 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce the start of fieldwork on its 100% owned McInnes Lake property (the "Property") in Northwestern Ontario. Located approximately 117 kilometres (km) north of Red Lake, the 11,424-hectare Property is 29 km long by up to 8.5 km and covers the majority of the McInnes Lake Greenstone Belt and unexplored Balm...
GoldON Provides Update on Red Lake North Gold Property
High-resolution heliborne magnetic survey reveals favourable structural make-up for gold deposition on the fully permitted ProjectVictoria, British Columbia--(Newsfile Corp. - June 15, 2021) - GoldON Resources Ltd. (TSX-V: GLD) ("GoldON" or the "Company") is pleased to provide an update on exploration activities on its Red Lake North property (the "Property") located in the Red Lake Mining District of Northwestern Ontario. The 3,347-hectare property is located approximately 65 kilometres (km) north of the town of Red Lake. Access is excellent via Nungesser Road, an all-weather road that lies ...
GoldON Completes IP Survey and Prepares for Drilling at McDonough Gold...
Drill targets are now well supported by coincident IP, geochem and geologyVictoria, British Columbia--(Newsfile Corp. - June 8, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to provide an overview of the induced polarization (IP) survey recently completed on its McDonough gold property (the "Property") that is located 15 kilometres (km) north of the town of Red Lake and straddles a key structural signature of many deposits within the Red Lake Greenstone Belt ().Figure 1: Regional location of the McDonough Property and GoldON's other ProjectsTo view an enhance...
GoldON Stakes McInnes Lake Greenstone Belt North of Ontario's Red Lake...
District Scale property of unexplored Balmer Assemblage lithologies similar to those that host the Red Lake Gold CampVictoria, British Columbia--(Newsfile Corp. - June 3, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce the acquisition via staking of a 100% interest in the McInnes Lake property (the "Property") in northwestern Ontario. Located approximately 100 kilometres (km) east of the Ontario-Manitoba border and 117 km north of the town of Red Lake, the Property is composed of 31 contiguous mining claims (577 cells) totaling approximately 11,424 ...
GoldON Reports Final Results from Phase II Drilling at West Madsen in ...
2020-21 drill program returned consistently anomalous gold values and highly prospective geologyVictoria, British Columbia--(Newsfile Corp. - June 1, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") reports final assays and provides a summary of Phase II diamond drilling at its West Madsen gold property (the "Property") that adjoins Pure Gold's new Red Lake mine.Program Highlights:The Balmer Assemblage rock package hosts most of the current gold resources and historical gold production in the Red Lake Greenstone Belt, and Phase II drilling was successful in identifying roc...
GoldON Completes 7,000 Metre Phase II Exploration Drilling at West Mad...
West Madsen adjoins Canada's newest high-grade gold mineVictoria, British Columbia--(Newsfile Corp. - April 6, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce the completion of Phase II diamond drilling at its West Madsen Gold Project adjoining the new Pure Gold Red Lake Mine.Figure 1: Phase II Target Area and Drill Hole Locations for the West Madsen ProjectTo view an enhanced version of this graphic, please visit:The black ellipse in Figure 1 above depicts the area of the interpreted east-west trending Balmer-Confederation contact along with the lo...
GoldON Enters into Option Agreement with BTU Metals on Bruce Lake Prop...
Victoria, British Columbia--(Newsfile Corp. - March 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has entered into an agreement with BTU Metals Ltd. (BTU) granting BTU an option to acquire up to an 80% ownership interest in GoldON's Bruce Lake property (the "Property").The Property is comprised of 152-cell mining claims covering 3,103 hectares (ha) and is located approximately 36 kilometres (km) southeast of the town of Red Lake in an underexplored area of the Uchi Greenstone Belt. (see ). Pursuant to underlying agreements on the Property, ...
GoldON Adds Fifth Property in Red Lake Gold District
Red Lake North Extension is underexplored and host to seismic structural characteristics similar to the Red Lake Gold Camp and the LP Fault of Great Bear's Dixie Gold ProjectVictoria, British Columbia--(Newsfile Corp. - February 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Red Lake North property (the "Property") located in the Red Lake Mining District of Northwestern Ontario. The Property is comprised of nine contiguous mining claims covering 3,347 hectares (ha) and i...
GoldON Resources Corporate Update
Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plansVictoria, British Columbia--(Newsfile Corp. - February 16, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is a Canadian gold explorer focused on discovery through the exploration of overlooked and underexplored properties, and is pleased to provide an overview of the Company.Capital Structure:GoldON has no debt other than current trade payables and has raised approximately $2,856,000 over the last five months at an average price of $0.73 per share, with the la...
GoldON Provides Update at Halfway Point of Phase II Exploration Drilli...
West Madsen adjoins Canada's newest high-grade gold mineVictoria, British Columbia--(Newsfile Corp. - February 9, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to provide an update on the fully-funded Phase II diamond drilling program in progress at its West Madsen Gold Project adjoining the new Pure Gold Red Lake Mine.Figure 1: Phase II Target Area and Drill Plan for the West Madsen ProjectTo view an enhanced version of Figure 1, please visit:The black ellipse in Figure 1 above depicts the area of the interpreted east-west trending Balmer-Confederation cont...
GoldON Resumes Exploration Drilling at West Madsen in the Heart of Ont...
West Madsen Gold Project adjoins Canada's newest high-grade gold mineVictoria, British Columbia--(Newsfile Corp. - January 12, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to report that the fully-funded Phase II exploration drilling program has recommenced at its West Madsen Gold Project right beside the new Pure Gold Red Lake Mine.Figure 1: Phase II Target Area and Drill Plan for the West Madsen ProjectTo view an enhanced version of this graphic, please visit:About the West Madsen Gold Project:Now covering 5,862 hectares of prime gold exploration real esta...
GoldON Accelerates Acquisition of Bounty Claims in Ontario's Red Lake ...
Bounty Claims Adjoin Block A of GoldON's West Madsen Gold Project and the Pure Gold Red Lake Mine property, Canada's newest high-grade gold mineVictoria, British Columbia--(Newsfile Corp. - January 7, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to report that it has elected to accelerate the option agreement with Bounty Gold Corp. (see news release of ) and has acquired a 100% interest in the two claim blocks that adjoin Block A of the West Madsen Gold Project.In keeping with the terms of the option agreement, GoldON paid Bounty a total of $80,000 in cash ...
GoldON Updates Drilling at Its West Madsen Project in the Heart of Ont...
Phase II drilling in progress at the West Madsen Gold Project right beside Canada's next high-grade gold mine where initial production is imminentVictoria, Biritsh Columbia--(Newsfile Corp. - December 22, 2020) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to provide an update on the fully-funded Phase II diamond drilling program in progress at its West Madsen Project in the heart of the Red Lake Gold Camp (see for the location of West Madsen and GoldON's three other Red Lake projects).Project Highlights: To date 2,092 metres of the proposed 7,000 metre Phase II ...
GoldON Closes Non-Brokered Private Placement Financing with Eric Sprot...
Use of proceeds will include Phase II drilling in progress at the West Madsen Gold Project right beside Canada's next gold mine in Red Lake, OntarioVictoria, British Columbia--(Newsfile Corp. - December 9, 2020) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to report the closing of its previously announced non-brokered private placement of 1,111,111 common share units at a price of $0.90 per unit with Mr. Eric Sprott to raise approximately $1,000,000 in gross proceeds. Each unit consists of one common share and one non-transferable share purchase warrant entitling ...
GoldON Arranges Financing with Eric Sprott
Use of proceeds will include Phase II drilling in progress at the West Madsen Gold Project right beside Canada's next gold mine in Red Lake, OntarioVictoria, British Columbia--(Newsfile Corp. - December 7, 2020) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce that it has arranged a non-brokered private placement of 1,111,111 common share units at a price of $0.90 per unit with Mr. Eric Sprott to raise approximately $1,000,000 in gross proceeds. Each unit will consist of one common share and one non-transferable share purchase warrant entitling the holder...
GoldON Closes Oversubscribed Financing to Fund Phase II Drilling Under...
Victoria, British Columbia--(Newsfile Corp. - December 2, 2020) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce that, further to its previously announced non-brokered private placement of $1,000,000 in flow-through shares (see news release of ), it has closed the oversubscribed financing placing 1,808,133 flow-through shares at a price of $0.75 per share to raise gross proceeds of $1,356,100.The Company paid finders' fee totalling $72,141 and 96,188 warrants exercisable at $0.75 per share until December 2, 2022 to Accilent Capital Management Inc., Canacc...
GoldON Commences Phase II Drilling at West Madsen Gold Project in Red ...
Property adjoins Canada's next gold mine - the Pure Gold Red Lake Mine project where the first gold pour is scheduled for late 2020Victoria, British Columbia--(Newsfile Corp. - November 23, 2020) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to report that Phase II diamond drilling is underway at its West Madsen Gold Project (the "Project") in the heart of the Red Lake Gold Camp.: Phase II Drill Plan for West Madsen ProjectTo view an enhanced version of Figure 1, please visit:The West Madsen Project covers over 4,700 hectares and is comprised of the West Madsen (Bl...
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