GoldON Resources Ltd. has arranged a non-brokered private placement of 1,000,000 common share units at a price of $0.50 per unit with qualified investors to raise $500,000 in gross proceeds. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.75 per share for a period of two [...]
Primary drill target selected and exploration permits received GoldON Resources Ltd. is pleased to provide an overview of the geological data compilation and reinterpretation study completed by Orix Geoscience on its 100% owned Pipestone Bay gold property . The 914-hectare Property is located in the Red Lake Greenstone Belt approximately 32 kilometres west of the town of Red Lake, Ontario. The Property is hosted along the [...]
Exploration Recommended in Five New Areas of the structurally complex Property where deformation, folding, shearing and faulting have been mapped GoldON Resources Ltd. is pleased to announce the completion of an independent technical report on its Slate Falls gold-silver property that assesses the technical merit and economic potential of the project and recommends additional exploration. The Report was prepared in [...]
Property is structurally complex with three events of folding and three periods of deformation GoldON Resources Ltd. is pleased to provide an overview of the geological data compilation and reinterpretation study completed on its 100% owned Slate Falls gold-silver property by Orix Geoscience. The 5,656-hectare Property is located in the Patricia Mining Division of northwestern Ontario and lies within the southwestern [...]
The prospective Balmer-Confederation contact is interpreted to transect the expanded West Madsen Project for 8.0 kilometres GoldON Resources Ltd. is pleased to report that it has received drill permits for the two claim groups newly acquired from Bounty Gold Corp. . Figure 1: West Madsen - Block A and Bounty Claim Groups with inferred Balmer-Confederation Contact Fieldwork on the new claims has commenced that will include [...]
The prospective Balmer-Confederation contact is interpreted to transect the expanded Property for 8.0 kilometres GoldON Resources Ltd. is pleased to announce it has entered into an option agreement with Bounty Gold Corp. to acquire a 100% interest in the Flat Lake and the Madsen-Medicine Stone claim groups that adjoin Block A of the West Madsen Property . Figure 1: West Madsen - Block A and Bounty Claim Groups with [...]
This is the first time that the Balmer Assemblage has been identified in drill core and clearly defines a new prospective gold exploration corridor that extends west from Pure Gold's Wedge Zone on to the West Madsen Property GoldON Resources Ltd. is pleased to provide a summary of analytical results from the initial, wide-spaced reconnaissance diamond drilling program recently completed on the West Madsen gold property [...]
This is the first time that the Balmer Assemblage has been identified in drill core and clearly defines a new prospective gold exploration corridor that extends west from Pure Gold's Wedge Zone on to the West Madsen Property GoldON Resources Ltd. is pleased to provide a summary of analytical results from the initial, wide-spaced reconnaissance diamond drilling program recently completed on the West Madsen gold property [...]
Property adjoins the Pure Gold Red Lake Mine project - Canada's next gold mine with first production scheduled for late 2020 GoldON Resources Ltd. is pleased to provide an update on the initial diamond drilling program recently completed at the West Madsen gold property . GoldON has the right to earn a 100% interest in the Property through an option agreement with Great Bear Resources . The Property is comprised of two [...]
New high-resolution airborne MAG survey reveals prominent structural features throughout the Property GoldON Resources Ltd. is pleased to provide an update on the exploration status of its 100% owned Slate Falls gold-silver property located in the Patricia Mining Division of northwestern Ontario. The 5,656-hectare Property lies within the southwestern extension of the Meen-Dempster Greenstone Belt between the Red Lake and [...]
Property adjoins the Pure Gold Red Lake Mine project - the highest-grade underground development project in Canada expecting first gold pour in late 2020 GoldON Resources Ltd. is pleased to report that diamond drilling is underway at the West Madsen gold property . GoldON has the right to earn a 100% interest in the Property through an option agreement with Great Bear Resources . The Property is comprised of two [...]
GoldON Resources is pleased to report that Chibougamau Diamond Drilling is mobilizing a drill rig and crew to commence testing primary drill targets on the West Madsen gold property. GoldON has the right to earn a 100% interest in the Property through an option agreement with Great Bear Resources. The Property is comprised of two contiguous claim blocks, each roughly six kilometres by three km in size for a total area of [...]
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