Catlinite

GoldON Completes IP Survey and Prepares for Drilling at McDonough Gold Property in Red Lake, Ontario

Retrieved on: 
Tuesday, June 8, 2021

Drill targets are now well supported by coincident IP, geochem and geology

Key Points: 
  • To view an enhanced version of Figure 2, please visit:
    The IP survey, interpreted by Dynamic Discovery Geoscience, defined a total of 23 chargeable IP axes.
  • To view an enhanced version of Figure 3, please visit:
    "The setting at McDonough is ideal for gold mineralization," said Mike Romanik president of GoldON.
  • GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada.
  • Our current project portfolio includes six properties in the Red Lake Mining Division (West Madsen, Red Lake North, Pipestone Bay, McDonough, McInnes Lake and Pakwash North) and a seventh property in the Patricia Mining Division (Slate Falls).

GoldON Reports Final Results from Phase II Drilling at West Madsen in Ontario's Red Lake Gold Camp

Retrieved on: 
Tuesday, June 1, 2021

2020-21 drill program returned consistently anomalous gold values and highly prospective geology

Key Points: 
  • Moving west of the high-grade intercept of WM-20-05, the thickness of Balmer Assemblage apparently widens and coincides with a large magnetic high underlying Tack Lake.
  • The complex structural geology and geochemistry of this area warrant a more detailed analysis before further drilling may be optimized.
  • GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada.
  • Our current project portfolio includes five properties in the Red Lake Mining Division (West Madsen, Red Lake North, Pipestone Bay, McDonough and Pakwash North) and a sixth property in the Patricia Mining Division (Slate Falls).

GoldON Completes 7,000 Metre Phase II Exploration Drilling at West Madsen in the Heart of Ontario's Red Lake Gold Camp

Retrieved on: 
Tuesday, April 6, 2021

West Madsen adjoins Canada's newest high-grade gold mine

Key Points: 
  • A total of 5,803 samples were collected in the Phase II program.
  • Once all the final assays have been received from the Phase II program, a complete summary and interpretation of the results will be released.
  • GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada.
  • Our current project portfolio includes five properties in the Red Lake Mining Division (West Madsen, Red Lake North, Pipestone Bay, McDonough and Bruce Lake) and a sixth property in the Patricia Mining Division (Slate Falls).

GoldON Enters into Option Agreement with BTU Metals on Bruce Lake Property Southeast of Red Lake

Retrieved on: 
Tuesday, March 23, 2021

Victoria, British Columbia--(Newsfile Corp. - March 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has entered into an agreement with BTU Metals Ltd. (BTU) granting BTU an option to acquire up to an 80% ownership interest in GoldON's Bruce Lake property (the "Property").

Key Points: 
  • Victoria, British Columbia--(Newsfile Corp. - March 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has entered into an agreement with BTU Metals Ltd. (BTU) granting BTU an option to acquire up to an 80% ownership interest in GoldON's Bruce Lake property (the "Property").
  • The Property is comprised of 152-cell mining claims covering 3,103 hectares (ha) and is located approximately 36 kilometres (km) southeast of the town of Red Lake in an underexplored area of the Uchi Greenstone Belt.
  • Our current project portfolio includes four properties in the Red Lake Mining Division (West Madsen, Pipestone Bay, McDonough and Bruce Lake) and a fifth property in the Patricia Mining Division (Slate Falls).
  • GoldON is fully funded to complete the Phase II drilling program in progress at West Madsen.

GoldON Adds Fifth Property in Red Lake Gold District

Retrieved on: 
Tuesday, February 23, 2021

Red Lake North Extension is underexplored and host to seismic structural characteristics similar to the Red Lake Gold Camp and the LP Fault of Great Bear's Dixie Gold Project

Key Points: 
  • 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.
  • 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.
  • Our current project portfolio includes four properties in the Red Lake Mining Division (West Madsen, Pipestone Bay, McDonough and Bruce Lake) and a fifth property in the Patricia Mining Division (Slate Falls).

Pipestone Energy Corp. to Reschedule Shareholder Meeting

Retrieved on: 
Monday, May 25, 2020

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- (PIPE TSX-V) Pipestone Energy Corp. (Pipestone Energy or the Company) announces that it is cancelling the annual and special meeting of shareholders scheduled for June 30, 2020.

Key Points: 
  • CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- (PIPE TSX-V) Pipestone Energy Corp. (Pipestone Energy or the Company) announces that it is cancelling the annual and special meeting of shareholders scheduled for June 30, 2020.
  • Once the situation in Alberta has improved such that an in-person meeting can be held in a manner that is safe for the participants, Pipestone Energy will reschedule and hold an annual and special meeting of shareholders.
  • Pipestone Energy Corp. is an oil and gas exploration and production company with its head office located in Calgary, Alberta.
  • Pipestone Energy is committed to building long term value for our shareholders and values the partnerships that it is developing within its operating community.

Pipestone Energy Corp. Reports First Quarter 2020 Results and Provides an Operations Update

Retrieved on: 
Wednesday, May 13, 2020

However, in response to the current commodity price weakness, Pipestone Energy has halted its 2020 capital spending program and is now also suspending forward 2020 production guidance.

Key Points: 
  • However, in response to the current commodity price weakness, Pipestone Energy has halted its 2020 capital spending program and is now also suspending forward 2020 production guidance.
  • Pipestone Energy continued to execute and improve on its drilling, completion, and equip & tie in costs through its 2020 capital program.
  • The Company continues to engage with community residents who remain supportive of Pipestone Energy and its operations.
  • Pipestone Energy Corp. is an oil and gas exploration and production company with its head office located in Calgary, Alberta.

JBS USA Intends to Purchase Pipestone Facility From J&B Group

Retrieved on: 
Tuesday, December 3, 2019

GREELEY, Colo., and PIPESTONE, Minn. , Dec. 03, 2019 (GLOBE NEWSWIRE) -- JBS USA today announced an agreement with J&B Group, Inc., to lease J&Bs value-added meat processing facility in Pipestone, Minn., with the intent to acquire this facility in the upcoming months for an undisclosed amount.

Key Points: 
  • GREELEY, Colo., and PIPESTONE, Minn. , Dec. 03, 2019 (GLOBE NEWSWIRE) -- JBS USA today announced an agreement with J&B Group, Inc., to lease J&Bs value-added meat processing facility in Pipestone, Minn., with the intent to acquire this facility in the upcoming months for an undisclosed amount.
  • We are excited to welcome the Pipestone team members to JBS USA, said Bob Krebs, COO, JBS USA Pork.
  • On Sept. 18, 2019, J&B Group, Inc., announced that the Pipestone facility would be sold and production relocated to its St. Michael, Minn., facility.
  • Before JBS USAs plan to purchase, J&B had not identified a buyer and the facility was scheduled for closure in this month.

Pipestone Energy Corp. Reports Third Quarter 2019 Results and Provides an Operations Update

Retrieved on: 
Thursday, November 14, 2019

In late August 2019, Pipestone Energy completed installation of the necessary facilities to produce from the 15-14 (10 wells) and 3-1 (9 wells) pads.

Key Points: 
  • In late August 2019, Pipestone Energy completed installation of the necessary facilities to produce from the 15-14 (10 wells) and 3-1 (9 wells) pads.
  • The early results observed by Pipestone Energy are in-line with the Companys expectations and support the medium-term development focus north of the 3-1 pad along Pipestone Energys completed in-field gathering system.
  • Pipestone Energy successfully completed 3 wells (3 net) with an average lateral length of approximately 3,000 metres at its 9-14 pad-site.
  • Based on this performance, Pipestone Energy is accelerating six completions at its 6-24 pad-site into December 2019 from Q1 2020.