ONGold Resources is pleased to announce that SRK Consulting has been awarded the contract to prepare an updated mineral resource estimate for gold and tungsten in accordance with NI 43-101 - Standards Of Disclosure In Mineral Projects on the Monument Bay project. The Monument Bay gold and tungsten project represents a district-scale exploration opportunity with significant gold and tungsten mineralization over a 4.2 km [...]
ONGold Resources Lis pleased to announce the final results from its recently completed nine hole 2,169m diamond drilling program in the Gold Ridge area of the Ti-pi-ha-kaa-ning project located in Northern Ontario. TPK claims are located on the regional communities' winter road network connecting directly to the Musselwhite Gold Mine access road north of Pickle Lake. All assays have now been received from the Fall 2025 [...]
ONGold Resources is pleased to announce that it has acquired, by staking, additional claims surrounding the Ti-pa-haa-kaa-ning project. ONGold has added 73 multi-cell and single cell claims covering approximately 21,969 ha. The TPK property now consists of 2,504 claims, covering approximately 69,764 ha. The additional claims were staked to cover extensions of the Mameigwess and Bartman Lake Greenstone Belts and the [...]
ONGold Resources 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 375,000 Options and an aggregate of 149,438 RSUs to certain employees of the Company. Each Option is exercisable to acquire one common share in the capital of the Company at a price of $0.89 per Common Share, has a term of five years from [...]
ONGold Resources is extremely pleased to announce initial results from its recent diamond drilling program in the gold ridge area of the Ti-pi-ha-kaa-ning project. The TPK project hosts two large independent mineralized systems and is comprised of 2,504 claims covering an area of 69,764 ha within a highly favorable geological setting. The Gold Ridge area, the focus of this current exploration program, occurs at the head [...]
ONGold Resources 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 Common [...]
ONGold Resources 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 103 of [...]
ONGold Resources 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, as lead underwriter and sole bookrunner, and Cormark Securities and Agentis Capital Partners will [...]
ONGold Resources is pleased to announce that it has entered into an agreement with Paradigm Capital 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 $7,700,137.50 consisting of the following common shares of ONGold : 2,590,700 Common Shares that [...]
ONGold Resources 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 is [...]
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 [...]