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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.