Elevated lithium values of up to 1,126 ppm in metavolcanic host-rocks distributed proximal to the main plutons triggered comprehensive review GoldON Resources Ltd. is pleased to provide an overview of the fertile peraluminous granite plutons and lithium pegmatite potential at its 100%-owned McInnes Lake property that is located approximately 50 kilometres southwest of Frontier Lithium's Pakeagama Lake area lithium [...]
GoldON Resources Ltd. is pleased to announce the completion of a non-brokered private placement financing that raised $100,000 in gross proceeds. The offering consisted of 1,000,000 non-flow-through units. The units were priced at $0.10 each and consist of one common share and one non-transferable share purchase warrant that entitles the holder to purchase one additional common share of the Company at $0.20 per share for [...]
Dr. Breaks is a lithium and rare earth elements expert in Canada who has authored or co-authored 118 technical publications during his career with the Ontario Geological Survey GoldON Resources Ltd. is pleased to announce the engagement of Dr. Frederick W. Breaks BSc, MSc, PhD, to undertake a technical review of new properties the Company is considering for acquisition. The purpose of the evaluation is to determine each [...]
Drill targets are well supported by coincident IP, geochem and geology GoldON Resources Ltd. is pleased to report that drilling has commenced at its 100%-owned McDonough gold property located approximately 15 kilometres north of the town of Red Lake, Ontario. Figure 1: Regional geological location of the McDonough gold property within the Red Lake greenstone belt. Source: Harris, J., Sanborn-Barrie, M., Panagapko, D [...]
Drill targets are well supported by coincident IP, geochem and geology GoldON Resources Ltd. is pleased to announce it has hired Major Drilling Group International Inc. for its initial drilling program at the 100%-owned McDonough gold property located approximately 15 kilometres north of the town of Red Lake, Ontario. Drilling is scheduled to commence before month end. Figure 1: Regional geological location of the [...]
Flow-Through proceeds will be used for winter exploration drilling at the 100%-owned McDonough Gold Property in Red Lake, Ontario GoldON Resources Ltd. is pleased to announce the completion of its previously announced non-brokered private placement financing that raised $529,000 in gross proceeds . The Offering consisted of 3,041,668 flow-through units and 1,640,000 non-flow-through units . The FT Units were priced at [...]
Flow-Through proceeds will be used for winter exploration drilling at the 100%-owned McDonough Gold Property in Red Lake, Ontario GoldON Resources Ltd. is pleased to announce an increase in the non-brokered private placement financing previously announced on December 14, 2022, from up to $400,000 to $529,000 in gross proceeds . The Offering will now consist of 3,041,668 flow-through units and 1,640,000 non-flow-through [...]
GoldON Resources is arranging a non-brokered private placement financing of up to 2,500,000 flow-through units and 1,000,000 non-flow-through units with qualified investors for maximum gross proceeds of $400,000 . The FT Units will be priced at $0.12 and consist of one flow-through share and one non-transferable share purchase warrant that will entitle the holder to purchase one common share of the Company at a price of [...]
GoldON Resources Ltd. has granted 240,000 charitable stock options to The Singh Foundation at a price of $0.12 per share for a period of five years from the date of grant. The charitable options have been granted in accordance with the Company's stock option plan. The Singh Foundation is a registered non-profit charitable society that was established to create opportunities for youth by encouraging participation in their [...]
Drill targets are well supported by coincident IP, geochem and geology GoldON Resources Ltd. is pleased to announce that diamond drilling will commence early in the first quarter of 2023 on its McDonough gold property located 15 kilometres north of the town of Red Lake, Ontario. Drilling will target induced polarization chargeability anomalies coincident with wide anomalous gold-in-soil anomalies that straddle a key [...]
GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada GoldON Resources Ltd. is pleased to report that shareholders approved all resolutions put before them at the Company's Annual General Meeting held November 10, 2022, in Victoria, BC. The resolutions approved, with 98% of the votes in favour, included the reelection of directors [...]
The Property adjoins First Mining Gold's Springpole Project, one of the largest undeveloped gold deposits in Canada at 3.8Moz probable reserves GoldON Resources Ltd. is pleased to provide an update on exploration activity at its Springpole East property in the Red Lake Mining District, Ontario . Figure 1: Springpole East Property New Au Trend To view an enhanced version of Figure 1, please visit [...]