GoldON Resources is pleased to announce that it has arranged a non-brokered private placement of 800,000 flow-through units at a price of $0.65 per unit with qualified investors to raise $520,000 in gross proceeds. Each unit will consist of one flow-through share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional non-flow-through common share of the Company at [...]
West Madsen Property adjoins Pure Gold’s Madsen Project where first gold production is anticipated in late 2020 GoldON Resources Ltd. is pleased to provide an exploration update on the West Madsen gold property recently optioned from Great Bear Resources . Highlights of exploration results to date include: Discovery of potential ultramafic rocks on the Property has significant implications given that most of the [...]
New claims cover several curved geophysical features interpreted as fold axes where gold-silver mineralization appears to be concentrated GoldON Resources Ltd. is pleased to announce it has acquired by staking an additional seven claims to increase the size of its 100% owned Slate Falls Gold-Silver Property from ~3,200 hectares to 5,687 hectares. The new claims were acquired to cover several curved geophysical features [...]
Project is Fully Permitted and Multiple Targets Are Being Prioritized for Drilling GoldON Resources Ltd. is pleased to report the remaining assay results from the initial 2019 sampling program on its Slate Falls Gold-Silver Property that is located in the Meen-Dempster Greenstone Belt between the Red Lake and Pickle Lake Gold Camps in northwestern Ontario. Prospecting, sampling and reconnaissance mapping was carried out [...]
GoldON Resources Ltd. is pleased to report the first batch of assay results from the 2019 sampling program on its 100% owned Slate Falls Slate Falls Gold-Silver Property . Prospecting, sampling and reconnaissance mapping was carried out at several locations on the Property including the historical Trail, Sanderson, Sanderson East and Sanderson North zones. This first batch of results is from 10 of the 99 rock grab samples [...]
Assay Results are Pending for Gold and Multi-Element Analysis on Ninety-Nine Rock Grab Samples GoldON Resources Ltd. is pleased to report it has engaged Emerald Geological Services as Project Manager and fieldwork is in progress at its 100% owned Slate Falls Gold-Silver Property . Prospecting, sampling and reconnaissance mapping has been carried out at several locations on the Property including the historical Trail [...]
West Madsen Property adjoins Pure Gold's Madsen Project where a 12,000-metre drilling program is underway GoldON Resources Ltd. is pleased to announce it is adding a second crew to the on-going exploration program on the West Madsen gold property recently optioned from Great Bear Resources Ltd. . The second crew will mobilize to West Madsen Block B while the first crew continues its focus on West Madsen Block A that is [...]
All properties are underexplored and host structural characteristics typical of gold deposits in the Red Lake Greenstone Belt of Northwestern Ontario GoldON Resources Ltd. is pleased to announce it has entered into an option agreement to acquire three properties in the Red Lake Mining District of northwestern Ontario. Under the terms of the option agreement, GoldON can acquire a 100% interest in the McDonough, Pipestone [...]
West Madsen Property Adjoins Pure Gold's Madsen Project, the "Highest-Grade Gold Development Project in Canada" GoldON Resources Ltd. is pleased to announce it has retained Rimini Exploration & Consulting Ltd. as Project Manager and commenced Phase I exploration on the West Madsen gold property recently optioned from Great Bear Resources Ltd. . The focus of the Phase I program will include reconnaissance geological [...]
GoldON Resources is pleased to report it has closed the previously announced non-brokered private placement offering of 500,000 flow-through common shares at a price of $0.50 per share and 700,000 common shares at a price of $0.45 per share to raise $565,000 in gross proceeds. The securities are subject to a four-month hold period and may not be traded until October 6, 2019, except as permitted by applicable securities [...]
VICTORIA, BC / ACCESSWIRE / June 3, 2019 / GoldON Resources Ltd. is pleased to announce that, further to previously announced non-brokered private placement , it has arranged an increase to the flow-through portion of the offering from 400,000 to 500,000 flow-through common shares at a price of $0.50 per share and the common share portion of the offering will remain at 700,000 common shares at a price of $0.45 per share [...]
GoldON Resources is pleased to announce that it has arranged a non-brokered private placement of 700,000 common shares at a price of $0.45 per share and 400,000 flow-through common shares at a price of $0.50 per share with qualified investors to raise $515,000 in gross proceeds. Completion of this financing is subject to TSX Venture Exchange acceptance. The Company may pay a finder's fee of up to 10% on the first $300,000 [...]