High-Resolution MAG survey completed on McDonough property that adjoins Rubicon's Slate Bay gold property GoldON Resources Ltd. is pleased to announce the completion of a property-wide airborne magnetometer survey on the McDonough property . GoldON has an option to earn a 100% interest in the Property, subject to a 1.5% NSR royalty. Located 15 kilometres north of the town of Red Lake , the 1,062-hectare Property is [...]
Property lies in an area of numerous gold occurrences with four developed prospects and two past producers located within 1.5 km of the claim boundary GoldON Resources Ltd. is pleased to report that it has added cells to amalgamate the two original separate claim blocks at the Pipestone Bay property and completed a property-wide airborne magnetometer survey. Located within the Red Lake Greenstone Belt approximately 32 [...]
Property adjoins the Pure Gold Red Lake Mine project where first production is expected in late 2020 GoldON Resources Ltd. is pleased to announce it has hired Chibougamau Diamond Drilling Ltd. for the upcoming drill program 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 contiguous claim [...]
GoldON Resources Ltd. is pleased to report that the next phase of exploration for the 100% owned Slate Falls property has commenced with a property-wide airborne magnetometer survey. Prospectair Geosurveys was contracted to complete the heliborne high-resolution MAG Survey that included 50-metre flight line spacings for a total of 1,563-line kilometres to cover the entire Property. The Property is structurally complex [...]
Property adjoins Pure Gold's Red Lake Gold Mine Project where first production is expected in late 2020 GoldON Resources Ltd. is pleased to report that the exploration drilling permit has been received for 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 Company is evaluating drill bids and will finalize the drilling [...]
Exploration Permit covers stripping, line cutting, geophysics and diamond drilling GoldON Resources Ltd. is pleased to report that exploration permits have been received for its Bruce Lake property . The permit is in place until Feb 11th, 2023 and covers mechanized stripping, line cutting, ground geophysical surveys and diamond drilling. GoldON has an option to earn a 100% interest in the 3,103 hectares Property, subject [...]
Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plans GoldON Resources Ltd. is a Canadian-based gold explorer focused on discovery through the exploration of overlooked and underexplored properties; and is pleased to provide an overview of its operations, capital structure and projects. Company Operations: By design, GoldON has always operated on a virtual basis [...]
Property adjoins Pure Gold's Red Lake Mine Project where mine construction is underway with first gold production expected in late 2020 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 , each roughly six [...]
Drilling in 2019 tested two of 18 Au-Ag mineralized zones that have been identified over the 13-km breadth of the property GoldON Resources Ltd. provides an overview of Phase I drill results from its 100% owned Slate Falls Gold-Silver property located in the Patricia Mining Division between the Red Lake and Pickle Lake Gold Camps . Numerous Au-Ag mineralized zones have been identified over the 13-kilometre breadth of the [...]
GoldON Resources is pleased to report the closing of its previously announced non-brokered private placement of 1,150,000 flow-through shares at a price of $1.00 per share for gross proceeds of $1,150,000. The Company will, subject to TSX Venture Exchange acceptance, pay finders' fee totalling $69,000 and 69,000 warrants exercisable at $1.00 per share until February 19, 2022 in respect of the offering. All securities [...]
Proceeds to be used for 2020 exploration programs at Slate Falls, West Madsen, and Bruce Lake Projects GoldON Resources Ltd. is pleased to announce that it has increased its non-brokered private placement previously announced February 10, 2020. The offering has been increased from 700,000 flow-through shares to 1,150,000 flow-through shares at a price of $1.00 per share to raise $1,150,000. Completion of this financing is [...]
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 [...]
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