GoldON Resources is pleased to announce that it has arranged a non-brokered private placement of 700,000 flow-through shares at a price of $1.00 per share with qualified investors to raise $700,000. Completion of this financing is subject to TSX Venture Exchange acceptance. The Company has agreed to pay a finder's fee of up to 6% cash and 6% agent's warrants on subscription proceeds. Each agent's warrant will entitle the [...]
Property adjoins Pure Gold's Madsen Project where exploration drilling continues and mine construction is underway with first gold production expected in Q4 GoldON Resources Ltd. is pleased to provide an exploration update on the West Madsen gold property that it has the right to earn up to a 100% interest in through an option agreement with Great Bear Resources . The Property is comprised of two contiguous claim blocks [...]
Property adjoins BTU Metals' Dixie Halo property where drilling is in progress on potentially a new VMS system called the TNT Target Cu-Au-Ag discovery GoldON Resources Ltd. is pleased to provide an overview of its Bruce Lake property in the Red Lake Mining District. GoldON optioned the original 1,640 hectare property earlier this year and increased the land package to 3,103 hectares this summer with the staking of an [...]
Drill core samples from nine holes are being submitted for analysis and results will be reported as received GoldON Resources Ltd. is pleased to report that a total of 1006.5 metres of core drilling has been completed through nine holes on its 100% owned Slate Falls Gold-Silver Project. This Phase I drill program tested targets at the Trail Zone, and the Sanderson Main, East and North zones , where summer sampling and [...]
GoldON Resources Ltd. announces that it has granted stock options to directors, officers and consultants to purchase up to 1,175,000 shares of the Company at $0.60 per share until November 24, 2024. About GoldON Resources Ltd. GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada. Active projects include: the West Madsen property in [...]
Fully funded drilling program will focus on testing the shear zones where high-grade values up to 861 g/t Au in drill core remain untested GoldON Resources Ltd. is pleased to report that diamond drilling is underway on its 100% owned Slate Falls Gold-Silver Project. Drilling will test the Trail Zone, and the Sanderson Main, East and North zones. A priority target is at the Trail Zone, where limited historical drilling [...]
Fully funded drilling program will focus on testing the shear zones where high-grade values up to 861 g/t Au in drill core remain untested GoldON Resources Ltd. is pleased to announce that personnel and diamond drilling equipment are being mobilized to its 100% owned Slate Falls Gold-Silver Project. Located in Ontario's Patricia Mining Division, the Slate Falls Property lies between the Red Lake and Pickle Lake gold camps [...]
Fully funded drilling program will focus on testing the shear zones where high-grade values up to 861 g/t Au in drill core remain untested GoldON Resources Ltd. is pleased to provide an overview of the exploration opportunity at its 100% owned Slate Falls Gold-Silver Project in Ontario's Patricia Mining Division. The Slate Falls Property lies between the Red Lake and Pickle Lake gold camps in the southwestern extension of [...]
Initial drilling program is fully funded and will include testing for source of high-grade values up to 861 g/t Au in drill core and 3,025 g/t Ag in surface rock samples GoldON Resources Ltd. is pleased to announce the hiring of Chibougamau Diamond Drilling Ltd. for the upcoming drilling program on its 100% owned Slate Falls Gold-Silver Project in Ontario's Patricia Mining Division. "Slate Falls is a discovery-stage [...]
West Madsen Property Adjoins Pure Gold's Madsen Project, Where Mine Construction has Begun on the Highest-Grade Gold Development Project in Canada GoldON Resources Ltd. is pleased to announce that Phase II exploration has commenced on the West Madsen gold property optioned from Great Bear Resources . The West Madsen Property is directly adjacent to Pure Gold's Madsen property, which is interpreted to host the extension of [...]
GoldON Resources Ltd. is pleased to announce the closing of the previously announced non-brokered private placement. The Company placed a total of 200,000 units at a revised price of $0.50 per unit with one qualified investor to raise gross proceeds of $100,000. Each unit consists of one common share and one non-transferable share purchase warrant entitling the holder to purchase an additional common share of the Company [...]
Proceeds to be used for drilling at Slate Falls and fieldwork at West Madsen GoldON Resources Ltd. is pleased to announce the closing of the previously announced non-brokered private placement. The Company placed a total of 827,500 flow-through units at a price of $0.65 per unit with qualified investors to raise $537,875 in gross proceeds. Each FT unit consists of one flow-through share and one non-transferable share [...]