ONGold Resources Ltd. is pleased to announce the grant of stock options and restricted share units pursuant to the Company's omnibus incentive plan . The Company has granted an aggregate of 1,242,740 Options and an aggregate of 161,110 RSUs to certain directors, officers, employees, and consultants of the Company. Each Option is exercisable to acquire one common share in the capital of the Company at a price of $0.90 per [...]
ONGold Resources Ltd. is pleased to announce that it has completed its previously announced upsized private placement for aggregate gross proceeds of C$9,300,042 . The Offering consisted of the issuance and sale of 2,590,700 common shares of the Company that qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act and "eligible Ontario exploration expenditures" as defined in subsection [...]
ONGold Resources Ltd. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" private placement from gross proceeds of approximately $7,700,137 to gross proceeds of $9,300,042. Pursuant to the upsized Offering, the Company and Paradigm Capital Inc. , as lead underwriter and sole bookrunner, and Cormark Securities Inc. and Agentis [...]
Not for distribution to U.S. news wire services or dissemination in the United States ONGold Resources Ltd. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters to be formed pursuant to which the Company will complete a "bought deal" private placement for aggregate gross proceeds of [...]
ONGold Resources Ltd. is extremely pleased to announce the signing of a Collaboration Agreement with Nibinamik First Nation . Meaningful and consistent engagement with the community has resulted in an understanding that is transformational in terms of what the community and ONGold are initiating together. With the agreement in place, exploration diamond drilling of the Ti-pi-ha-kaa-ning project was recently initiated and [...]
ONGold Resources Ltd. is pleased to announce that the company has initiated an infill sampling program targeting intervals not previously sampled for tungsten and gold throughout the Monument Bay deposit where tungsten could add a significant gold equivalent to future resource estimates on the project. Tungsten, found in the form of scheelite mineralization in drill core throughout Monument Bay, has long been overlooked [...]
ONGold Resources Ltd. is extremely pleased to announce that the Company has initiated summer exploration activities at its Monument Bay Gold and Tungsten Project . Summer exploration activities are focused on both existing resource optimization as well as advanced ground geophysical Induced Polarization surveying. Field exploration activities will be undertaken from the existing fully serviced 40-person field base camp [...]
ONGold Resources Ltd. is pleased to announce that the Company has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects describing historical mineral resource estimates for its Monument Bay Gold Project . The Report was prepared in accordance with the guidelines of NI 43-101 and the mineral resource estimates in the Report are understood to [...]
ONGold Resources Ltd. is pleased to announce the appointment of Paul Dunbar as Vice-President, Exploration effective as of April 1, 2025. With nearly four decades of experience in geology and gold resource evaluations, Mr. Dunbar has held prominent roles in executive and senior management positions across Canadian exploration, development and production mining companies overseeing gold resource expansions in support of [...]
ONGold Resources Ltd. is pleased to celebrate its chairman, John Kim Bell. On this day in 1985, a young John Kim Bell incorporated the Canadian Native Arts Foundation that would become the National Aboriginal Achievement Foundation and today Indspire. As the world's first Indigenous symphonic conductor, John Kim was inspired through his work at the world-famous Dance Theatre of Harlem in New York and decided to replicate [...]
ONGold Resources Ltd. is pleased to provide an update on exploration targets at the Monument Bay Gold project, located in northeastern Manitoba recently acquired from Agnico Eagle Mines Ltd. . Monument bay is 100% owned by ONGold and is comprised of 136 mining claims covering 31,250 ha, is in the Stull Lake Greenstone Belt in Northeastern Manitoba . This claim group is contiguous to ONGold's Rapson Bay Gold project [...]
ONGold Resources Ltd. is pleased to provide an update on the Monument Bay gold project located in Northeastern Manitoba, which it recently acquired from Agnico Eagle Mines Ltd. in December, 2024 . Since closing the Acquisition, the Company has been in extensive discussions with Red Sucker Lake First Nation as the Monument Bay property is located within their traditional territories. For further details about the [...]
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