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GoldON Resources Ltd: GoldON Stakes McInnes Lake Greenstone Belt North of Ontario s Red Lake Gold Camp Victoria, British Columbia (Newsfile Corp. - June 3, 2021) - GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is pleased to announce the acquisition via staking of a 100% interest in the McInnes Lake property (the Property ) in northwestern Ontario. Located approximately 100 kilometres (km) east of the Ontario-Manitoba border and 117 km north of the town of Red Lake, the Property is composed of 31 contiguous mining claims (577 cells) totaling approximately 11,424 hectares. The Property is 29 km long and up to 8.5 km wide. Figure 1: Regional Map with location of McInnes Lake Property and GoldON s Other Projects (click to enlarge) ....
2020-21 drill program returned consistently anomalous gold values and highly prospective geology Victoria, British Columbia (Newsfile Corp. - June 1, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" ....
GoldON Resources Ltd: GoldON Adds Fifth Property in Red Lake Gold District Victoria, British Columbia (Newsfile Corp. - February 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Red Lake North property (the Property ) located in the Red Lake Mining District of Northwestern Ontario. The Property is comprised of nine contiguous mining claims covering 3,347 hectares (ha) and is located approximately 65 kilometres (km) north of the town of Red Lake. (see Figure 1). Access is excellent via Nungesser Road, an all-weather road that runs within 1.5 km of the northwestern corner of the Property and connects to Red Lake. ....
GoldON Resources Ltd: GoldON Resources Corporate Update Victoria, British Columbia (Newsfile Corp. - February 16, 2021) - GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is a Canadian gold explorer focused on discovery through the exploration of overlooked and underexplored properties, and is pleased to provide an overview of the Company. Capital Structure: GoldON has no debt other than current trade payables and has raised approximately $2,856,000 over the last five months at an average price of $0.73 per share, with the latest financing closed with Mr. Eric Sprott. Share capitalization includes 22,318,292 common shares issued, 4,882,633 common share purchase warrants exercisable at an average price of $0.77, 2,616,000 incentive stock options exercisable at an average price of $0.41, and 29,816,925 common shares outstanding on a fully diluted basis assuming all warrants and options are exercised. Insider ownership is approximately fifteen percent of ....
GoldON Resources Ltd: GoldON Resumes Exploration Drilling at West Madsen in the Heart of Ontario s Red Lake Gold Camp Victoria, British Columbia (Newsfile Corp. - January 12, 2021) - GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is pleased to report that the fully-funded Phase II exploration drilling program has recommenced at its West Madsen Gold Project right beside the new Pure Gold Red Lake Mine. Figure 1: Phase II Target Area and Drill Plan for the West Madsen Project To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/7436/71756 dd717edce4f64b57 001full.jpg About the West Madsen Gold Project: ....