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 Completes 7,000 Metre Phase II Exploration Drilling at West Madsen in the Heart of Ontario s Red Lake Gold Camp
Victoria, British Columbia (Newsfile Corp. - April 6, 2021) -
GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is pleased to announce the completion of Phase II diamond drilling at its West Madsen Gold Project adjoining the new Pure Gold Red Lake Mine.
Figure 1: Phase II Target Area and Drill Hole Locations for the West Madsen Project
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The black ellipse in Figure 1 above depicts the area of the interpreted east-west trending Balmer-Confederation contact along with the locations of the completed Phase I and II drill holes.
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 shares issued
Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plans
Five discovery-stage gold projects in Northwestern Ontario and fully funded to complete current exploration plans.
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 ass
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:
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About the West Madsen Gold Project: